Everyone expects bad new, just not this bad. Industrial production dropped 5.4 percent in March, exceeding expectations for a 4.2 percent decline. It was the biggest fall since January of 1946, after World War II ended and we stopped making weapons, and the 5.9 percent year-on-year (YOY) drop is the biggest since November 2009.
Apr 15, 2020
Stock Market: The Real Nominal Bottom
Does anyone really expect this bear market to end with Netflix (NFLX) and Amazon (AMZN) making new record highs? It seems to me that a real nominal bottom won't be made until these leaders are also shot!
Apr 14, 2020
Gold Is One Of The Best Bargains One Can Buy
If you think the price of gold is expensive now that its above $1,700 wait another week and see how expensive it is. In relation to the amount of money the Federal Reserve has already printed, and the amount it's about to print, gold at today's price is one of the best bargains one can buy.
Related trading instruments: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ)
Related trading instruments: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ)
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