Comparison of German and US month over month inflation rates. Germany's data came out ahead of our PCE number tomorrow so looking for correlations here.
It was a week to forget for the Canadian dollar. USD/CAD jumped 1.51%, marking the Canadian dollar's worst weekly performance since mid-August. The currency is in positive territory, as USD/CAD is down 0.31% on the day.
Canada releases the Raw Materials Price Index later today. The inflation index is expected to decline -1.3%, following a -1.1% beforehand. This...
With the most anticipated FOMC announcement in a long time coming tomorrow I'm throwing out my prediction: the Fed will be surprisingly patient with their tapering. This chart shows a few reasons why:
1. M2 growth does not have anywhere close to the same effect as it did on inflation in 1970.
From the 3 decades 1970-2000 the CPI Growth/M2 growth was in the...
Sorry for the late post, I had to tweek this chart here.
This is a comparison chart showing real disposable income to personal consumption expenditures, personal savings and corporate profit. Notice how the top two are now inverted. It's not 100% but that is your inflation. Less disposable income, higher priced expenditures. On the bottom I was tracking savings...
We have been playing the corrective bullish market sentiment since EOM June by taking advantage of bullish momentum. We have fallen again inside the previous OB (Order Block) created at the beginning of the month between 1795 KL and 1812.500 KL and I believe it is to position itself for the next impulsive move the market might have this upcoming week for EOM +...
While I am not one to really look at sentiment or put call ratios bc for my style they are useless.
Unless they are at extremes. Then I pay a little attention to them. What concerns me is not the
ratio but the moving quarterly average level of the ratio.
When Gov't back stops all risk to investors while running around and saying there is not bubble
keep going!...
The Canadian dollar has kicked off the trading week with strong gains. Currently, USD/CAD is trading at 1.2669, down 0.55% on the day.
US yields moved higher last week, particularly the 10-year treasuries, which rose as high as 1.6% per cent. This move boosted the US dollar against the major currencies, and USD/CAD climbed close to 1% last week. However, bond...
The Canadian dollar has kicked off the trading week with strong gains. Currently, USD/CAD is trading at 1.2669, down 0.55% on the day.
US yields moved higher last week, particularly the 10-year treasuries, which rose as high as 1.6% per cent. This move boosted the US dollar against the major currencies, and USD/CAD climbed close to 1% last week. However, bond...
Interesting fundamentals. P/BV - 0,7 P/E - 33,03. Healthy cash flows, profit. Strategical investments look good considering COVID-19. Fundamental risk to profit is price increase of natural gas.
Interesting technical formations and targets.
Alternative scenario (pink) assumes that current growth only targets to create B from ABC correction.
Here is a chart of quarterly PCE growth, which gives another useful 'recession watch' indicator. It is currently at a critical level and worth keeping a close eye on.
Commentary from "The Recession Playbook" from Morgan Stanley:
"With growth in real personal consumption expenditures (PCE) below 2.5% sending a reasonably consistent recession signal. Each of the...
![PCE: [PCE] Upgraded!](https://s3.tradingview.com/s/sWg8tSFe_mid.png "[PCE] Upgraded!")
![PCE: [PCE] Where Will the Breaking Point Be... Over/Under Dec. 18th?](https://s3.tradingview.com/c/c6mITiLG_mid.png "[PCE] Where Will the Breaking Point Be... Over/Under Dec. 18th?")
![PCE: [PCE] Just Sayin...](https://s3.tradingview.com/q/Q7O9OSHi_mid.png "[PCE] Just Sayin...")
