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US Dollar Down 27.4% VS Gold Over 12 Months Hard Asset Stocks Clearly Outperforming Bond Index How To Multiply Stock Holdings With DOW/Gold Ratio “I think we are entering a new phase in the metals market. Many investors who up to this point have never owned the metals, they’re the ones who are looking and […]
[Yahoo/Bloomberg] US Stocks to Resume Slide as Growth Concerns Weigh: Markets Wrap [Yahoo/Bloomberg] Gold Climbs to Record on Fears for US Economy, Mideast Tensions [Yahoo/Bloomberg] Oil Gains for Third Day as Israeli Strikes Stoke Mideast Tension [Reuters] US housing starts rebound strongly in February [Yahoo/Bloomberg] Hedge-Fund Momentum Bets Crater All at Once in Volatile Markets […]
When Lara Trump interviewed White House Crypto Czar David Sacks this past week on Fox News, Sacks referred to one of the prevalent paddle signs at Trump’s address to the Joint Session of Congress on March 4, 2025. The sign, held by many Democrats at the address, said “Musk Steals.” Sacks was confused by this […]
[Yahoo/Bloomberg] Stocks Erase Losses After Retail Sales Data: Markets Wrap [Yahoo/Reuters] Gold Hovers Near Record as US Growth Concerns Fan Haven Demand [Yahoo/Bloomberg] Oil rises as China plans stimulus, US vows pressure on Houthis [CNBC] Retail sales increased 0.2% in February, less than expected; ex-autos up 0.3%, meeting estimate [Yahoo/Reuters] New York State factory activity […]
[AP] Tornadoes, wildfires and blinding dust sweep across US as massive storm leaves at least 33 dead [AP] New Canadian Prime Minister Mark Carney seeks alliances in Europe as he deals with Trump [Yahoo/Bloomberg] ECB’s Guindos Says Uncertainty Now Higher Than During Covid [Yahoo/Bloomberg] Ukraine Allies Agree to Step Up Economic Pressure on Russia […]
Signal and Noise This was an important week in the wild world of markets. The broad market is suddenly down big, down hard, and down fast. Given the abrupt slide in financial assets and the resulting oversold technical condition, the everything-bubble playbook for the post-GFC market is now screaming “buy the dip” to anyone still […]
[AP] Monster storm across the US sparks threat of tornadoes and fire, killing at least five people [Axios] Economic alarm bells are ringing everywhere [Yahoo Finance] Not just condos: Florida’s housing market is softening, especially along the southwest coast [AP] Starmer urges Putin to prove he is serious about peace by signing up to Ukraine […]
The thesis holds that a multi-decade super cycle Credit Bubble – over recent years succumbing to “terminal phase excess” – has turned increasingly fragile. Q4 2024 Z.1 data from the Federal Reserve corroborate the analysis. Non-Financial Debt (NFD) expanded $3.467 TN during 2024, to a record $76.731 TN. Debt growth was down slightly from 2023’s […]
