Not Exactly Paradox, Reflation In Oil Deflation In Copper

By |2018-07-11T16:49:36+00:00July 11th, 2018|Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The PBOC really needn’t have conducted the last few of its RRR raises. By the time they were in the books, Chinese inflation was already well underway toward being tamed. Though their CPI wouldn’t register for a few more months still, peaking in July 2011, commodities had already turned decidedly downward. Copper went first, hitting [...]

Globally Synchronized Downside Risks

By |2017-11-14T16:17:34+00:00November 14th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Oil prices were riding high after several weeks of steady, significant gains. It’s never really clear what it is that might actually move markets in the short run, whether for crude it was Saudi Arabia’s escalating activities or other geopolitical concerns. Behind those, the idea of “globally synchronized growth” that is supposedly occurring for the [...]

Broad Domestic Fear Is A Change

By |2015-08-25T16:12:48+00:00August 25th, 2015|Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

I think broad trading today actually confirms yesterday’s hypothesis of the marked appearance of fear. In reversing exactly (or nearly so) almost everything from yesterday, across the board, it seems as if the juxtaposition settles that interpretation. I noted that it wasn’t just gold bid in contrast to the selling and “dollar” frenzy, the Swiss [...]