As the Debt Ceiling Kabuki Dance Starts Anew…
Inflation spigots are open and running 24/7… and an economy that needs to purge the excesses keeps resisting the inflation… Within this, we are in a phase where policy makers appear effective because...
View ArticleChicago PMI, the ‘Taper’ Cacophony & Uncle Buck
The Chicago PMI blew everyone’s sox (<—typo not intended, but I’ll leave it, considering… ) off and tomorrow we have the national ISM, which has been very strong the last couple of releases....
View ArticleISM Strong as Expected
Now taper Ben and Janet. What are you waiting for? No, forget that. Any tapering regime is just for show anyway. End ZIRP. End Treasury and MBS asset purchases. Do it! The economy is booming....
View Article“After Stunning Jobs Report…”
Pardon me, but what is so stunning about the jobs report? After stunning jobs report, ‘Dectaper’ is back on table Of course it is. You could see the potential for this way back in January, right?...
View ArticleCisco Flop Inspires Ramble
A previous post noted the bullish falling wedge. That will be blown up promptly as Cisco just grossed out the market with a putrid earnings report. It is interesting that Chambers talks about very...
View ArticlePayrolls 162K
Oh never mind, the economy’s not doing so well after all. Precious Metals, as you were. This morning’s NFTRH update was purposely produced PRE ‘jobs’ so that we’d have our ducks in a row post-jobs....
View ArticleISM Strong Again at 57.3%
Now can we please start to move along to what come next? Dear Mr. Bernanke and Ms. Yellen… pretty please will you take decisive action? If not literally at this month’s FOMC, would you at least put...
View ArticleEmployment Report: 203K Added, Unemployment 7%
Surprised by the November employment report? You shouldn’t be. BTW, we noted at the last report that Federal workers returning from furlough would be added back. There they are. Employment Situation...
View ArticleISM Still Expanding
And thus pressure still on for the dreaded taper…The post ISM Still Expanding appeared first on Notes From the Rabbit Hole.
View ArticleEmployment Report: +74k
So yesterday we were thinking about the long bond, right? Well its yield tanked on the news this morning. This is right in line with a possible contrarian play on 2014. From the micro (15 min.) to...
View ArticleGOR Fest, the Gold Oil Ratio
The gold oil ratio (GOR) is propelling higher. This is but one indicator of the counter cycle that I believe is coming in 2014. But also, it is an important indicator for the gold mining sector’s...
View Article‘Road Clear for 3% Economic Growth’
I want to repeat to you that biiwii.com is not a bear site. Nor is it a bull site. It is a ‘what is’ site managing the bigger picture macro swings. One year ago I gathered information from personal...
View ArticleImportant Points About the Minimum Wage
Guest Post by Tom McClellan January 23, 2014 The “Engineer’s Question” is this: “What problem are you trying to solve?” Once you can answer that, the solution is much easier to arrive at. The...
View ArticleISM Report is in Line…
…with our view of possible economic deceleration and a change on the macro for 2014 that is. PMI growth contracts in January. What’ll they do, blame this on the weather too? All those hobbiest in...
View ArticleDo Data Matter Again?
Guest Post by Michael Ashton In normal times, by which I mean before actions of the Federal Reserve became the only data point that mattered, the monthly ISM report was important because it was the...
View ArticleRe-shoring of US Manufacturing
If you get nothing else about Biiwii.com, NFTRH and well… me, you probably get that I hate bullshit and hype. I went so heavy handed on the 3D Printing hype because I really hate b/s that is so...
View ArticlePre Jobs Report, Market Debate Rages
I have spent some time rummaging around the internet in light of yesterday’s hard ‘up’ in the stock market. There are intense debates going on about whether this is a ‘V’ shaped reversal as Richard...
View ArticleRandom Thoughts About the Year Ahead
Guest Post by Steve Saville 1) The monetary backdrop continues to be very different in the US today than it was in earlier post-bubble periods. This is slowing the corrective process and introducing...
View ArticlePalladium Gold Ratio
The Palladium Gold Ratio is one indicator we used over a year ago to indicate 2013′s economic growth spurt. Ref. the most recent up arrow. While the ratio is looking wobbly, a new down signal would...
View ArticleCan Earnings Get Better Than This?
Guest Post by Tom McClellan February 14, 2014 The conventional stock market analysis world revolves around earnings. “Earnings drive the stock market,” they say. This myopic view is akin to the...
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