Archive for October, 2012

  • Let’s Get Technical
    Posted by on October 23rd, 2012 at 12:28 am, Comments: 0

    The Market has not done much but chop over the last month. However, as of late, the SPDR S&P 500 ($SPY) has been acting very well technically.

  • How’s That QE3 Inflation Trade Working For You?
    Posted by on October 15th, 2012 at 1:28 am, Comments: 0

    It’s been a little over a month since QE3 was announced. Of course, QE3 was met with much disdain (by the hard money crowd) as it was met with much welcome (by the pro-aggressive monetary policy crowd). While it has only been a month since QE3 was announced….

  • Paul Ryan: America’s Greatest Debt Forecaster
    Posted by on October 11th, 2012 at 8:57 pm, Comments: 0

    Republican Vice-presidential candidate Paul Ryan is set to debate Vice-President Joe Biden on Thursday night. While I am not sure if he will exactly talk about, I [...]

  • A Bearish Caution
    Posted by on October 9th, 2012 at 11:21 pm, Comments: 0

    The market has no doubt been strong over the past few months. However, a recent development has me worried, at least short term about the market’s strength.

  • Don’t Believe Government Numbers?
    Posted by on October 6th, 2012 at 5:05 am, Comments: 0

    Unless you’ve been under a rock or in hibernation mode for all of Friday, the BLS released the Non-farm payroll jobs numbers yesterday. We saw significant upward revisions to July and August and saw an in-line number for September. However, the big story was on the Unemployment rate which fell from 8.1% to 7.8%, a pretty significant drop for 1 month.

  • A Tale of Hyperinflation
    Posted by on October 5th, 2012 at 12:05 am, Comments: 0

    In case you have not heard, Iran is experiencing real-time hyperinflation, with an monthly inflation rate of ~70%. To put this into context, the US monthly inflation rate (measured by the CPI) has averaged about 0.16% per month for the past year. Usually hyperinflation is attributed to money printing.

  • Gold Bulls Watch Out
    Posted by on October 2nd, 2012 at 9:27 pm, Comments: 0

    Gold has been on a tear since the middle of August. It is up about 10-11% since the of the run when it was at around $1600. Gold is an interesting asset class.