CYCLES – A FUSE, AN EXPLOSIVE AND THE IGNITING CATALYST Gordon T Long – 12-01-16 Investors need to focus on the two key long term structural changes now underway which are going to ignite destructive global dislocations through early 2020. To better understand why this is going to occur we need to place them in context by first examining […]
TRIGGER$ November 2016
KEY FOCUS: DID THE “TRUMP TANTRUM” JUST TRIGGER THE NEXT US RECESSION?
KEY FOCUS: DID THE “TRUMP TANTRUM” JUST TRIGGER THE NEXT US RECESSION? TRUMP MAY HAVE “PRICKED” THE GLOBAL BOND BUBBLE Trump called during the campaign for a $1 trillion infrastructure package, $5 trillion in tax cuts, increases in military spending and the repeal ObamaCare, which could cost more than $350 billion over 10 years. At the […]
DID PRESIDENT-ELECT TRUMP JUST INADVERTENTLY KILL THE GOLDEN GOOSE?
DID PRESIDENT-ELECT TRUMP JUST INADVERTENTLY KILL THE GOLDEN GOOSE? President-Elect Trump may have just unwittingly sowed an equity market draw-down which will send even more protesters into the streets of America. Donald Trump’s stated economic policies are clearly pro-growth and if he manages to implement his pro-business, anti-regulation agenda, in the longer term they have the […]
YIELDS NOW THE SAME FOR S&P 500 DIVIDENDS & UST 10Y
YIELDS NOW THE SAME FOR S&P 500 DIVIDENDS & UST 10Y We now have the same yield for the first time since Jan 5th
TRUMP REACTION: Treasuries Plunge Most in Four Decades
TRUMP REACTION Treasuries Plunge Most in Four Decades 10Y UST = 2.06% 11/17: 2.28% 30Y UST = 2.85% 11/17: 3.00% The spread between yields on two- and 30-year debt increased 19 basis points to 195 basis points, the widest closing level since Feb. 4.
RISK — LIBOR-OIS SPREAD NEAR EUROZONE DEBT CRISIS LEVELS & PAST BOUTS OF STRESS
RISK — LIBOR-OIS SPREAD NEAR EUROZONE DEBT CRISIS LEVELS & PAST BOUTS OF STRESS Credit analysts are becoming nervous about the spread between Libor and the overnight index swap, the so-called Libor-OIS spread that is used to gauge problems in the plumbing of the credit system. It has widened to near levels seen in the […]
WATCH THE EU BANKS AFTER US ELECTION GYRATIONS ARE OVER
WATCH THE EU BANKS AFTER US ELECTION GYRATIONS ARE OVER We may not know for a fact who will win the US election, but what we do know is that the Credit Cycle has turned. This will turn out to be more important in the near term, once the expected US Election market gyrations have […]
WHAT ARE THE CENTRAL BANKERS SO AFRAID OF?
WHAT ARE THE CENTRAL BANKERS SO AFRAID OF? UNPRECEDENTED GLOBAL LIQUIDITY PUMPING Global central bank liquidity injections have never been greater, and as of this moment, have surpassed all previous post-financial crisis central bank intervention. As a matter of fact we are now pumping over $200B / month. THE FIAT CURRENCY CARTEL This chart which was recently […]