Steel stocks began selling off hard last week: X (Daily) And the selling spread to integrated commodity behemoths such as BHP and Glencore today:... Continued
Why The Rising Interest Rate Meme May Have A New Year’s Hangover
A couple of weeks ago I made a blog post on Treasury yields which was published on 321gold. The main premise of this post was... Continued
Pivotal Moment For Treasury Yields
After rallying since July Treasury yields have been forming a bullish consolidation during the last couple of weeks. The 10-Year Treasury Note yield in particular... Continued
The Biggest Risk to Markets Right Now
I learned long ago to not be committed to a macro view as a market participant. Perhaps the most valuable thing to "understand" as an... Continued
This Could Be The Most Bullish Chart For Precious Metals
Among other market developments in 2016 we have seen a breakdown in the spread between the 2-year treasury note yield and the 10-year treasury note yield:... Continued
The Most Important Chart Right Now
This is the chart to watch right now: 10-year Treasury Note Yield The yield on the 10-year Treasury Note has been wedging its way... Continued
A Golden Equilibrium
Via Market Anthropology: "As we mentioned in a note last month (see Here), the Federal Reserve Bank of San Francisco recently published an Economic Letter... Continued
Deflationary Forces Gather Strength – Where Do Investors Seek Refuge?
Yesterday renowned bond fund manager Jeffrey Gundlach said 2016 is a "go with it" environment for the Treasury bond/interest rate complex. In other words, investors... Continued
Treasury Yields Break Down
The break down in Treasury yields that we warned about a couple days ago came to fruition today: 10-year Treasury Yield (Daily) This is... Continued
The Potential Illusion of Cheap Asset Prices
While equities have more than tripled from the 2009 bottom and home prices have also tacked on significant gains (doubled in certain parts of the... Continued