The uncomfortable truth for experts who are negative on the stock market is that, these days, it is rarely correlated to the underlying economic data. Instead, it is correlated more and more to…
The similar pattern of the last few months continues unabated once again. Political risk moved higher, recession risk moved higher and economic data moved lower, in some cases to some shocking lows. Political…
There has been a marked increase in the deterioration of global economic statistics in the last few weeks. Despite the central banks still stimulating (or attempting to) with record low rates and $17…
Slowly but surely, the markets and media are waking up to the actions of policy makers and central banks. This is reflected in the Gold price, which remains stubbornly above the previous breakout…
The bull market seems to go on forever… Last time around this report looked at the absence, or perceived absence, of inflation. Continuing with that theme, the chart below shows a striking reality……
From Lyft to Pinterest to Zoom, with Uber, Slack or Airbnb potentially joining them soon, this could be the biggest year for tech Initial Public Offerings (IPOs) ever. And when you consider last…