The Denver Post – Monetary crisis of faith coming, James Grant warns Denver audience One of the country’s top thinkers on interest rates warns a Denver audience that a fundamental recalibration is underway. For those carrying an uneasy sense that the slump in global stocks signals something much darker than a run-of-the-mill correction, allow James… Continue reading Jim Grant Speaks
<Click on graphic for larger image> Bloomberg.com – Global Shareholders Have $27 Trillion Locked in Bear Markets At least 40 stock markets around the world with a total value of $27 trillion are in bear territory, as investors witness the worst start to a year on record. The U.K. was the latest market to fall… Continue reading A Global Bear Market
Charts of the Week Topics Covered This Week Include: Why Isn’t Chinese Treasury Selling Driving Up U.S. Interest Rates? Why Isn’t Chinese Treasury Selling Driving Up U.S. Interest Rates? – 2 Why Isn’t Chinese Treasury Selling Driving Up U.S. Interest Rates? – 3 China’s Poor GDP China’s Poor GDP – 2 Still Trying To Stabilize… Continue reading Charts of the Week
<Click on chart for larger image> Breitbart – Devaluation: U.S. Dollar Strength Signals Gains For U.S. Banks The Federal Reserve reported foreign central-banks sold a record $47 billion in U.S. Treasuries during the first two weeks of 2016 … according to the latest Fed data, foreign central banks sold $12 billion in the first week of… Continue reading Why Isn’t Chinese Treasury Selling Driving Up U.S. Interest Rates?
<Click on graphic for larger image> The Wall Street Journal – After 7 Years of Slow Growth, U.S. Now Sees More of Same Economists blame lingering headwinds from financial crisis, recession for the sluggish expansion Economists, business executives and American workers have waited a long time for the U.S. to shake off its postrecession hangover.… Continue reading Slow Growth Continues
MarketWatch.com – Why crude oil and stocks keep plunging together Correlation higher on downside moves as investors hit ‘panic button’ That low correlation over time might explain why investors have been so confounded by the inability of equities to rally as the oil plunge accelerated. After all, stock-market bulls point out that, energy sector aside,… Continue reading Crude Oil And Stocks
The Wall Street Journal – Rising Debt in Emerging Markets Poses Global Threat Mounting debt burdens in developing economies are imperiling prospects for global growth Underlying this month’s market turmoil runs a deeper worry that mounting debt burdens in developing nations, particularly in Asia and Latin America, threaten to become a drag on global growth.… Continue reading Debt In The Emerging Markets
MarketWatch.com – Mark Hubert: What a January loss in stocks will mean for 2016 Is it true that, how goes January, so goes the year? The widely followed January Indicator will almost certainly turn bearish at the end of this month. The indicator, which sometimes goes by the name of the January Barometer, was devised… Continue reading As Goes January …
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<Click on chart for larger image> The Wall Street Journal – China’s Economic Growth in 2015 Is Slowest in 25 Years GDP grew 6.9% in 2015; economists, Chinese officials, project a tougher year ahead China recorded a pronounced deceleration in growth last year, affirming that a multiyear slowdown is biting the world’s second-largest economy harder… Continue reading More On China’s Growth
<Click on chart for larger image> The Wall Street Journal – How Iran Could Quickly Send Oil Prices Even Lower Iran torpedoed oil prices over the weekend. The question is whether the market can turn around in time to avoid serious damage.Already hovering below the psychologically significant $30-a-barrel level after Friday’s selloff, the all-clear from… Continue reading Iran