All of a sudden the Fed got a little tougher. Perhaps the success of the hit movie Wonder Woman has inspired Fed Chairwoman Janet Yellen to discard her prior timidity to show us how much monetary muscle she can flex when the time comes for action. Although the Fed’s decision this week to ...

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During the prior economic cycle of 2003-2007, one question I asked again and again was: Is the US running on a business cycle or a credit cycle? That question was prompted by a series of data I have tracked for decades; data that tells a very important story about the character of the US economy. Sp...

This is part 3 of a 5-part market series by EconMatters.  Read Part 1 here, part 2 here The Utility Sector This crowded trade revolves around a common theme Central Bank Policy and its effects on financial markets. The third most crowded trade in our series is the Utility Sector Stocks. Investors h...

Today the European Central Bank acknowledged that the currency it manages is being sucked into a deflationary vortex. It responded in the usual way with, in effect, a massive devaluation. Eurozone citizens have also responded predictably, by converting their unbacked, make-believe, soon-to-be-worth-...

The gold miners have seen impressive investor interest in their beaten-down stocks in this young new year, with capital inflows fueling a sharp rally.  And this buying is likely just beginning, as major market changes are afoot that should catapult gold much higher.  With gold stocks trading at fu...

Is it time to short the dollar? Saxo bank chief economist Steen Jakobsen thinks so. Via email from Steen … What is wrong with changing your mind because the facts changed? But you have to be able to say why you changed your mind and how the facts changed. Lee Iacocca My biggest call all year...

If you’ve ever tried your hand at futures trading, and if you’ve been watching the 2014 World Cup, you’ve probably thought to yourself — Yup. This looks like how it feels to invest in commodities. Hey, if the cleat fits! The world of commodities trading is competitive an...

Regardless of what we eat, we’re actually eating oil. Anyone who buys their own groceries (as opposed to having a full-time cook handle such mundane chores) knows that the cost of basic foods keeps rising, despite the official claims that inflation is essentially near-zero. Common-sense cause...

The Euro has done well over the past couple of years, pushing higher and now its near the top of falling channel resistance. This rally has caused a few investors to become bullish the Euro, nearing peak bullish levels over the past couple of years.   CLICK ON CHART TO ENLARGE Is the Euro about to...

The Shanghai Index, Copper and Freeport McMoran (FCX) look to be forming large descending triangle patterns. If you are unfamiliar with this pattern please read about them here  Bottom line to this pattern, a break of support suggests a decline, the size of the triangle!   CLICK ON CHART TO ENL...

During QE3, the latest round of the Fed’s quantitative easing, the stock market rose. We all know that. But did you also know that commodities fell? That’s right: QE3 had zero effect on commodities — or maybe even a negative effect. In fact, an unbiased observer of the trend might ...

Freeport McMoran (FCX) remains inside of a multi-year falling channel. After hitting falling resistance of last FCX is breaking support at (1) below. This usually isn’t a good sign for the Doc Copper of copper mining stocks as 77% of investors are bullish the stock at this time. FCX is the 4...

On a day the the job report was much lower than expected and has caused a few to ponder if the economy is slowing down or if growth will remain strong. The CRB index has formed a multi-year pennant pattern which is about to end.   CLICK ON CHART TO ENLARGE The trillion dollar question remains, wil...

The US is producing much more energy domestically the last decade in all forms from natural gas to crude oil with a myriad of boutique products along the way, and so it is natural for producers to want to maximize profits by expanding their marketplace. Free Markets haven`t been Free for a long ...

You may remember that in late 2012, corn was trading near record highs. Mainstream experts said the rally would keep going. Instead, corn went into a precipitous decline to 33-month lows. Coffee prices have taken a similar path this year. Since January, coffee has been in a free fall to the lowest ...