Market Overview

I have a hierarchy of four macroeconomic cycles that I’ve developed over the years.I developed my first cycle in 1988, when my research culminated in the Generational spending wave, a very...

It is no secret that the hedge-fund industry is viewed negatively by a large portion of the general public, but should it be? Such a perception is driven primarily by the fact that most hedge funds...

When I looked at my charts this morning I thought a group of dizzy spiders had been scampering around. Erratic, scribbling of infants is another description that would provide an idea of the scrawl I...

The Personal Income and Outlays report for February was published this morning by the Bureau of Economic Analysis. The latest Headline PCE price index year-over-year (YoY) rate is 0.33%, up...

With the release of today's report on February Personal Incomes and Outlays we can now take a closer look at "Real" Disposable Personal Income Per Capita. The first chart shows both the nominal per...

Note from dshort: This update includes the Q4 Third Estimate of GDP and the alternate version with the First Estimate of the Q4 GNP divisor.Market Cap to GDP is a long-term valuation indicator that...

Note from dshort: The NYSE has released new data for margin debt, now available through February. I've updated the charts in this commentary to include the latest numbers. The New York Stock Exchange...

So what is inflation doing? February’s inflation data released in yesterday’s personal income report show that the core PCED remains stuck about half a point below the Fed’s 2%...

A Tale Of Two ShocksDuring the first quarter of 2015, US stock markets were buffeted by two substantial shocks. The buffeting continues into the second quarter. The first shock involved the Energy...

Each quarter the Bureau of Economic Analysis releases an update on corporate profits after tax and including inventory adjustments and capital consumption expenditures. According to the latest...

Again last week, central banks greatly influenced the financial markets. After losing more than 125 points, the USD/CAD rebounded strongly on Friday and ended the week up by 50 points. The WTI...

After last week’s air tragedy, maybe a poor thought process but please stay with me. Would you ever get on an airplane if there was no pilot? Would you be confident of reaching your destination...

IntroductionThe media is doing a more than adequate job of covering the futile dance between the Eurozone leaders and Greece. But Greece is not the only country facing fundamental economic challenges....

Today’s “Macro Monday” post takes a look at the message billions of free thinking people (BFTP) are sharing in regards to a basket of important assets, that impacts our lives on a...