IN-DEPTH: TRANSCRIPTION: FOLLOW THE CYCLES! COVER AGENDA SLIDE 5 – GENERATIONAL CYCLES One of the leading authorities on Long Cycles is Harry Dent who I have interviewed a number of times. The most recent interview can be found at the Financial Repression Authority web site with a discussion on many of his well researched studies […]
IN-DEPTH: TRANSCRIPTION: FOLLOW THE CYCLES! COVER AGENDA SLIDE 5 – GENERATIONAL CYCLES One of the leading authorities on Long Cycles is Harry Dent who I have interviewed a number of times. The most recent interview can be found at the Financial Repression Authority web site with a discussion on many of his well researched studies […]
CORRECTIONS CAN BE ASSOCIATED WITH LOW SPREADS & AN UNPREDICTABLE TRIGGER We have one of the conditions!!
IS THE SUPPLY OF GOLD DEPLETING? — SOURCE: 05-06-18 Gold Telegraph – “Is the Supply of Gold Depleting?” — The demand for gold is increasing, yet new discoveries of the precious metal have not kept pace with the demand. Funds for exploration are historically high, $54.3 billion, up 60 percent over the past 18 years. The increased […]
THERE ARE INSUFFICIENT DEBT BUYERS FOR TRUMP’S EXPLODING DEBT GROWTH — SOURCE: 05-03-18 Global Macro Monitor – “Prepare For Much Higher Long-Term Rates” — There has been a huge drain of liquidity from the U.S. Treasury market over the past few years, and may signal a structural change to how the United States finances budget deficits. […]
THE US$ SHORT SQUEEZE MAY ONLY BE STARTING? What is driving what? Currently many feel a US$ shortage was responsible for pushing the LIBOR-OIS spread up, but it also understood that the US$ follows the LIBOR-OIS spread with an approximate 3 month delay. It would appear that “a little soon begets a lot”! This is […]
HYG, JNK, TNX, TRIGGER$ May 2018
WARNING SIGNS IN CREDIT MARKETS APPEARING FOR ZOMBIE CORPORATIONS MARKET MESSAGE Private sector may give a more accurate signal for recession ‘We are entering dangerous territory’ on credit indicator — SOURCE: 05-01-18 Bloomberg – “There’s a New Curve in Town and It’s Flashing Red” — The private sector may hold the real clues to recession […]
AMAZON: NOW TRADING AT 146X FREE CASH FLOW AS CASH FLOWS PLUNGE 41% — SOURCE: 04-27-18 ContraCorner – “Jumping The Great White Shark Of Bubble Finance” Last night Amazon reported a whopping 41% plunge in free cash flow for the March 2018 LTM period compared to prior year. Yet it was promptly rewarded by a $50 billion surge in market […]
SPECULATORS HAVE NEVER BEEN MORE SHORT BONDS…EVER? – NOR ARE SPECULATORS SELDOM RIGHT!! — SOURCE: 04-28-18 ZeroHedge “”This Won’t End Well” – Speculators Have Never Been More Short Bonds… Ever” — “It’s a no-brainer…” As the yield on the 10Y US Treasury note broke above the 3.00% Maginot Line this week (for the first time […]