Weekly Economic and Market Review
If the goal of Ben Bernanke’s Jackson Hole speech and the recent FOMC statement was to weaken the dollar, well mission accomplished. Since Bernanke laid out the Fed’s options for creating more inflation on August 27th, the US dollar index has dropped 5% and all manner of risky assets have moved higher when measured in .. read more
On September 26th, 2010,
posted in: Economy by Joseph Y. Calhoun Tags: bernanke jackson hole speech, bernanke weak dollar, building permits, bull market commodities, capital spending, commodity markets, durable goods orders, existing home sales, fed policy inflation, fed policy us dollar, foreign real estate etf, foreign stocks versus us stocks, geithner weak dollar, housing starts, jobless claims, leading economic indicators, lei, new home sales, obama weak dollar, obama yuan policy, reits, republicans congress markets, retail report goldman and redbook, rwx, schumer yuan, us stock market, wps
Weekly Chart Review
Gold and stocks are trading in patterns that are nearly perfectly inverse. Gold may be peaking and stocks may be making a bottom. If that turns out to be true, I would take it as a very positive sign for the economy and the stock market.
On July 25th, 2010,
posted in: Markets by Joseph Y. Calhoun Tags: brazilian real etf, brazilian small cap etf, brf, bzf, chile etf, colombia etf, ech, eem, eis, emb, emerging market bond etf, emerging market stock etf, gold, gxg, high yield bond etf, hyg, israel etf, rwx, s&p 500, thailand etf, thd, wps
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