HIGH YIELD BOND ALERT – “JNK” & “HYG” NOW AT MATASII DOWNSIDE TRIGGER 1- The MATASII BOND & CREDIT SII HAS BEEN WARNING OF THIS FOR SOME TIME (See SII Page): PRESENT MATASII FOCUS IS TWO FOLD HY CORPORATE JUNK BONDS – Is Setting Up for a Major Decline As Credit Markets Tighten (See “Road Map […]
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WITH 332 OF THE RUSSELL 3000 ABOVE 10X PRICE-TO-SALES WE NOW HAVE 52 MORE THAN AT THE DOTCOM TOP
WITH 332 OF THE RUSSELL 3000 ABOVE 10X PRICE-TO-SALES WE NOW HAVE 52 MORE THAN AT THE DOTCOM TOP I thought the S&P 5oo shown here at 2.27 Price -to-Sales was extraordinary…. …. I also was further in disbelief when it hit 2.4X Price-to-Sales IT IS TOUGH TO MANIPULATE PRICE-to-SALES & IT IS WORSE THAN […]
FED FUND FUTURES DON’T BELIEVE WHAT THE FED IS CURRENTLY “SPINNING”
FED FUND FUTURES DON’T BELIEVE WHAT THE FED IS CURRENTLY “SPINNING” The Fed Funds target rate according to the FOMC members’ median ‘Dot Plot” is UP. The Fed Funds Futures market says down! The markets don’t believe what the Fed is currently “spinning”!
CONSUMER COMFORT AT HIGHS NOT SEEN SINCE PRIOR TO DOTCOM BUBBLE IMPLOSION
CONSUMER COMFORT AT HIGHS NOT SEEN SINCE PRIOR TO DOTCOM BUBBLE IMPLOSION The Bloomberg Consumer Comfort Index is presently at highs not seen since prior to the the Dotcom Bubble implosion. The Index has historically been found to be an excellent leading indicator of Forward PE for the S&P 500 however the divergence between the […]
CONSUMER CREDIT GROWTH SUSTAINING CRUMBLING REAL DISPOSABLE INCOME
CONSUMER CREDIT GROWTH SUSTAINING CRUMBLING REAL DISPOSABLE INCOME Here is what is happening… Here is what US consumers have been forced to do…. It is now getting worse – fast! It doesn’t take a “rocket scientist” to see the problem!! — SUPPORTING SOURCE: 07-09-18 ZeroHedge – “Consumer Credit Explodes Higher As Credit Card Debt […]
THE CORPORATE YIELD CURVE HAS JUST INVERTED
THE CORPORATE YIELD CURVE HAS JUST INVERTED — SOURCE: 06-19-18 – “The Corporate Yield Curve Has Just Inverted” — A very interesting observation by the Nedbank analysts is that: The corporate sector curve (Baa-rated Corporates less the Prime rate) has now inverted. The implication of this is just as profound as a sovereign yield curve inversion as it […]
UNDERSTANDING THE 2017 US DOLLAR SWOON & RECENT 2018 LIFT
UNDERSTANDING THE 2017 US DOLLAR SWOON & RECENT 2018 LIFT EXPLAINING THE 2017 US$ SWOON — SOURCE: 05-12-18 Global Money Trends – “US$ Continues to Sag despite Outlook for 3 more Fed rate hikes” — Well into 2018, a few FX traders are still struggling to understand the underlying bearish trend of the US$. […]
SIGNS CREDIT CYCLE IS TURNING AS “CASH ONCE AGAIN KING”!
SIGNS CREDIT CYCLE IS TURNING AS “CASH ONCE AGAIN KING”! The current S&P 500 Dividend Yield is 1.89% While: 3 Mo. Bill = 1.91% 6 Mo. Bill = 2.08% 1 Year Note = 2.28% 2 Year Note = 2.56% 5 Year Note = 2.90% 10 Year Bond = 3.05% Courtesy of ZeroHedge Courtesy of […]
CONSUMER COMFORT SIGNALS FURTHER MARKET UPSIDE LIKELY
CONSUMER COMFORT SIGNALS FURTHER MARKET UPSIDE LIKELY The Consumer Comfort Index normally leads the S&P 500 Forward P/E. (Search MATASII site: Consumer Comfort for details). It is presently sending a strong signal that the markets should extend their current upward trend once the current consolidation is complete. The Consumer Comfort Index is now diverging from […]
THE US$ SHORT SQUEEZE MAY ONLY BE STARTING?
THE US$ SHORT SQUEEZE MAY ONLY BE STARTING? What is driving what? Currently many feel a US$ shortage was responsible for pushing the LIBOR-OIS spread up, but it also understood that the US$ follows the LIBOR-OIS spread with an approximate 3 month delay. It would appear that “a little soon begets a lot”! This is […]