Bond yields/FOMC will act in Sept
The 10 yr note yield intraday was higher for the 9th day in the past 10 and the WSJ today has an article titled “Treasury’s...
“Shadow” & “Ghost” Inventory / Negative &...
“Shadow” and “ghost” inventory with respect to supply is only a part of the problem…a red herring really. One has to look...
US Attorney General Subpoena 7 Global Banks in LIBOR Probe
Chinese Premier Mr Wen stated that “downward pressure on our economy is still big and difficulties may last for a while”,...
VIX Pullbacks
On Monday, we showed Dick Arms’ chart correlating this level of VIX with subsequent market tops (The Disappearing Market). Since...
Jobs 2012: Government Jobs Exceed Goods-Producing Jobs
We’re starting a new series titled, Jobs 2012, which will drill down into the employment and jobs data. We’ll analyze what kind of...
10 Mid-Week PM Reads
My afternoon train reading: • Happy Lost Half Decade, America! Just How Japanese Do We Look? (MarketBeat) • Pay you 2 & 20 for...
Hedge Funds Cool On Commodities?
Click to enlarge: Source: Bianco research Various hedge funds that had extensive commodity exposure have been throttling...
Builder sentiment continues to creep higher
The August NAHB home builder survey rose to 37 from 35 in July and is better than estimate of 35. It’s the highest reading since...
10 Mid-Week AM Reads
My morning reads: • Kass: Dreaded Triple Top Approaching? (The Street) but see August survey shows rosier money managers’ outlook...