This graph shows the mispricing of gold vs mining stocks. Mining stocks show incredible upside potential with very little lowside. This is a rare opportunity.
💵 Unpopular Opinion💵
PPI MoM came in today lower than expected at 0.2! But as we can see here below. OIL price is curving up. OIL leads, then PPI ( Producer Price Index ) goes up, leading to Consumer Price Index goes up! 😭
Oil 📈 PPI 📈 CPI 📈
"Soft Landing" they said! More like kick it to tomorrow! Let the future handle recessions and problems! Future Generations...
- Awaiting CPI# numbers readings for ECONOMICS:USIRYY on August 10th (today) post US being Down-Graded to AA +.
While on the 9th of August ECONOMICS:CNIRYY came deflationary on the other side of the world
Consensus sits at 3.1% (0.1% increase) and some to 0.3% increase at 3.3% for ECONOMICS:USIRYY
Economists forecast Inflation rising up again on a steady...
A brand-new cycle for the Japanese economy is in the making with a higher inflation to come and a weaker yen.
When the Bank of Japan hiked interest rates for the first time in 17 years, the Japanese Yen instead of strengthening, it crashed.
Micro Japanese Yen Futures
Ticker: MJY
Minimum fluctuation:
0.000001 per JPY increment = $1.25
Japanese Yen Futures &...
MACRO MONDAY 33 ~ NFIB
National Federation of Independent Business Index (NFIB)
Released Tuesday 13th Feb 2024
Think of the NFIB small business index as a sentiment index, a sort of mood meter for small businesses. The higher the index, the more optimistic small businesses will be about spending more, expanding and increasing or maintaining employees.
The...
Macro Monday 41
Japan Consumer Confidence Index
(Released Tuesday 9th April 2024)
Japan is the third largest economy in the world after the United States and China, contributing about 8% of global GDP, despite having only 1.8% of the world’s population. For such an impactful populace, lets see how the Japanese consumer confidence levels are looking at...
American unemployment rate has always been strictly correlated to Canadian unemployment. With the last report we saw Canadian unemployment spike up to 6.1%. What will happen to United States unemployment rate in the next months?
In the last months challenger job cuts have been rising substantially. Every time we have a spike in cjc the s&p 500 either makes a correction or it enters a bear market phase depending on how high job cuts get. Will this time be different?
As you can see clearly on this chart, there is a high correlation between the BofA Option Adjusted Junk Bond Spread Index and the S&P500. While tough to use as a timing tool, when spreads widen to 4.5% or so, many times this is a good time to nibble in the S&P during a correction. When they reach 6%+, generally it is a good time to gorge. When they drop as low as...
Macro Monday 40
Euro Area Composite PMI
(Released this Thurs 4thApril 2024)
The Euro Area Composite PMI (Purchasing Managers’ Index) is a significant coincident economic indicator that provides insights into the current overall health of the eurozone economy.
The Euro Area Composite PMI data is collected from a representative panel of around 5,000...
Visualizing CPI within the timeframe of boom and busts.
I believe we will continue to melt up in Asset prices as printing still continues and the common investor begins to feel the missed the boat and are getting priced out of the market. They see their buying power deteriorate and will continue to rush to assets i.e stocks.
we could see this melt up continue all...
USOIL may take sometime under 95 and come back down hinting towards a slow inflation or even deflation but that seems unlikely with the trend USOIL has been in currently.
Well here we are, no recession? no rate hikes? what's going on?. The currency collapse is imminent that's what is going on while majority wait for a recession.
No reserve currency has ever survived going past 121% Government Debt to GDP (what about USA in ww2?, this was the start of parabolic technology growth + decrease in spending + war debt repressions...
Both ISM Manufacturing Index and Non-Manufacturing Index vs. GDP YoY% for the US economy.
ISM Manufacturing: Yellow
ISM Non-Manufacturing: Blue
GDP YoY%: Green/Red
ISM Manufacturing currently signaling contraction with a level below 50 and the momentum seems lower.
Non-Manufacturing Index is likely to follow the same path although currently signaling growth,...
