Tag Archives: Treasuries

  • News

    OMG, Omicron!

    Weekly Market Commentary 26 November 2021
    by davefairtex

    Sunday, November 28, 2021, 7:03 PM

    1

    The price movements this week were entirely dominated by what happened on Friday. OMICRON! Let’s start with crude oil. Check out the $10 drop in the price of the master resource on the half-day of trading on Friday. It was a remarkable move. Crude is now in a reasonably strong downtrend. On Tuesday, there was…

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  • News

    Selling off Strategic Oil Reserves?

    Weekly Market Commentary 19 November 2021
    by davefairtex

    Monday, November 22, 2021, 10:36 AM

    15

    There were three economic series out this week: Retail Sales [+1.67% m/m, +14.03% y/y], Industrial Production [+1.61% m/m, +4.89% y/y], and Housing Starts [-0.66% m/m, +0.39% y/y]. The Retail Sales number hit an all time high – note much of that move is due to inflation; sales are up 24% over pre-pandemic levels. Even deflated…

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  • News

    Inflation Drives Metals Higher, Looking Forward to Humanity’s “Best Day Ever”

    Weekly Market Commentary 12 November 2021
    by davefairtex

    Sunday, November 14, 2021, 4:50 PM

    117

    This week was about inflation; first the PPI (PPIACO) hit on Tuesday: headline +2.04% m/m [24% annualized!], and then the CPI (CPIAUCSL) landed on Wednesday: headline +0.94% m/m [11.28% annualized!] Both numbers were absurd, multi-decade highs. Hey so about that “transitory inflation” thing – how’s that working again? Inflation expectations still under control? Chair Powell…

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  • News

    Full Employment, All’s Fair in Love and War

    Weekly Market Commentary November 5 2021
    by davefairtex

    Sunday, November 7, 2021, 7:42 PM

    23

    This week’s economic data: Payrolls: +531k headline, reasonably positive Auto/Light Truck Sales: +5.96% m/m, -26.3% y/y; heavy truck sales +9.025 m/m. Slight recovery. Wolf goes into more detail about the payrolls numbers. My summary: https://wolfstreet.com/2021/11/05/jobs-data-shows-something-big-changed-in-this-monstrously-overstimulated-economy/ Consumer spending surpassed its pre-pandemic record in Q1 2021 Private investment in buildings, equipment, and the like started setting new…

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  • News

    Recession-flation, Anti-War Ballads

    Weekly Market Commentary 29 October 2021
    by davefairtex

    Sunday, October 31, 2021, 4:00 PM

    21

    We saw some negative economic data this week: Auto/light truck sales: -6.8% m/m, -33.9% y/y. Auto sales continue to plunge. “Shortages”. The drop in auto sales is nothing short of spectacular: peak of 18m in early 2021, currently at 12m. GDP: +1.87% q/q, +8.78% y/y. That sounds good, but the expectation was for a vastly…

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  • Blog

    Housing and Wealth

    by Chris Martenson

    Tuesday, September 22, 2009, 3:22 PM

    0

    A new Martenson Report is ready for enrolled members.

    LinkHousing and Wealth

    There are several economic issues and data sets that we are tracking closely here on a daily and weekly basis because they have the best opportunity to help us illuminate the path for a few more feet.

    One has been the flow of money into and out of the US.  There we’ll continue to track and explain the mechanisms while keeping a firm eye on the dollar and interest rate (via Treasuries) pair.

    Another has been the various government and Federal Reserve programs to inject money into the economy and financial institutions, respectively, as these maneuvers have distortive effects on the rest of the data. 

    But the main driver from a consumer standpoint has been housing.  Every so often we dive into that area pretty deeply and this week we head into housing and where we currently stand with respect to prices, inventory, liquidity, and demand.  

    This is part one of a two part report.

    (Comments turned off here, leave them in the posting further down the main page…)

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  • Blog

    Daily Digest – July 20

    by Davos

    Monday, July 20, 2009, 3:07 PM

    0
    • BIS, The Central Bank of all Central Bankers: The Central Bank WAS Warned in 2003 (Repost)
    • What Should a Central Bank Do When (Chart)
    • Happiness Isn’t …
    • Holders of Treasuries (Chart)
    • Philly Fed Index Dissapoints (Chart)
    • Whalen on Banking (Video)
    • U.S. bank “earnings”: revenues falling, losses rising
    • California closes state offices to save cash
    • The Usual Suspects (Humor)
    • State Tax (Chart on page)

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  • Blog

    Daily Digest – June 16

    by Davos

    Tuesday, June 16, 2009, 3:06 PM

    0
    • Introduction to “Broke: The New American Film" (Video)
    • Black Swan Currency Currents | The $18,100,000,000 question! (H/T Fujisan)
    • BFF and Market (Chart)
    • Setser: Who bought all the recently issued Treasuries?
    • BRICS or CRIBS? – Meeting in Moscow to coordinate policy
    • The Recession in Historical Context (PDF link on page is slow to load – but worth the wait)
    • Jim Rogers, Dow 1 million (Video)
    • Inflation, Oil is in Everything – Especially Inflation (Video)
    • Mortgage Rates Month over Month, (Chart on Page)
    • PacMan (Video)
    • The Perils of Linear Projections?
    • Treasury International Capital (TIC) Data for April (H/T Fujisan) 

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  • Blog

    Daily Digest – June 14

    by Davos

    Sunday, June 14, 2009, 2:54 PM

    0
    • Financial Sense News hour 3, June 6 (Repost, Audio)
    • Predictions of $250 a barrel on fears for oil reserves, hopes of economic recovery and hedging against weak dollar
    • The Economic Recovery Decoy: Bank Refuge and Auto and Home Sales Plummet. Two Largest Purchases for Americans still Treading Water. Number of Renters Increases by 748,000 in one Quarter.
    • A housing recovery? Not even close.
    • An urgent Message from Jim Sinclair. Re: GOLD and SILVER
    • Keep in mind that whenever we’re talking “bonds” or “Treasuries,” what we’re really talking about, of course, is DEBT
    •  California [World’s 8th Largest Economy] Controller Releases May Cash Flow Figures…“Fifty days from a meltdown of State government.”
    • Z.1 Flow of Funds: Total Debt Still Growing
    • Foreclosures Up 18% (Chart)
    • I/O Mortgages Hit Commercial Real Estate
    • * * * * ABBY NORMAL (Repost)

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