» 2011 » October

As previously stated the Commitment Of Trader’s Report is a wealth of information as it discloses long and short positions across the entire futures and commodity complex. I want to share with you some aggregated data on one specific group, non-commercial which represents hedge funds, banks, anyon...

It’s time again for the weekend update of our “Real” Mega-Bears, an inflation-adjusted overlay of three secular bear markets. It aligns the current S&P 500 from the top of the Tech Bubble in March 2000, the Dow in of 1929, and the Nikkei 225 from its 1989 bubble high. The chart...

It’s only fitting that on Halloween we discuss a rather scary proposition. On Wednesday evening European leaders announced a “plan” details will come “later” to expand the aid to those in need. In lieu of physical capital which doesn’t seem to exist somehow these magicians will take noth...

Where is the peace dividend that was supposed to come after the end of the Cold War? Where are the fruits of the amazing gains in efficiency that technology has afforded? It has been eaten by the bureaucracy that manages our every move on this earth. The voracious and insatiable monster here is call...

Inquiring minds are interested in the terms of the European Stability Mechanism (ESM) accord scheduled to replace the EFSF. The following video highlights the key sections of the proposed treaty. Link if video does not play: Treaty of debt (ESM) – stop it now! There are comments on The Tel...

The absurd comment of the week goes to Larry Summers for his statements on the irony of the financial crisis. The central irony of financial crisis is that while it is caused by too much confidence, too much borrowing and lending and too much spending, it can only be resolved with more confidence,...

Jim Chanos says the China slowdown has just begun.   There is not much new in the video actually. I just happen to think he is correct. The link came in an email I played while stuck in an airport on a plane delay back to Chicago. URL if video does not play: http://www.macrobusiness.com.au/20...

Last year when the Economic Cycle Research Institute’s (ECRI) widely followed Weekly Leading Index (WLI) growth rate fell deep into negative territory, fears of a double-dip recession in the U.S. went rampant. The stock market sold off and investors raised cash significantly. However, during th...

The Russian TV Capital Accounts host gave me the rare opportunity yesterday to sit down and run my mouth for 15 minutes straight. This is a format which is most conducive to true conveyance of knowledge and information, at least in my not very humble opinion. I’m just not the 8 second soundbit...

Regardless of what you believe you are NOT an investor in the stock market.  You are a ”speculator” in the markets by effectively “betting” money today on a series of choices that you will hopefully be able to “cash in” at some future date at a higher pr...

Last week, I spent the afternoon visiting the Occupy Wall Street demonstrations in lower Manhattan. I brought a film crew and a sign that said “I Am The 1%, Let’s Talk.” The purpose was to understand what was motivating these protesters and try to educate them about what cau...

The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) posted -10.0 in its latest reading, data through October 21, a fractionally change from the previous week’s -10.1. On September 30th, the ECRI publicly announced that the U.S. is tipping into a rece...