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Financial

Americans React To End Of Jobless Benefits: “I Just Don’t Know What To Do, Except Pray”

December 30, 2013 - by - Leave a Comment

“It’s going to put my family and me out on the streets,” is a perspective shared by many of the 1.3 million Americans about to lose their emergency unemployment claims. …

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Financial

SP 500 And NDX Futures Daily Charts – VIX – A Warning On The Equity Market

December 30, 2013 - by - Leave a Comment

It is the end of year, and the market volume is light, almost as light as the regulatory oversight. Stocks are drifting higher as the paint is lightly stroked across …

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Financial

We Won’t Be Fooled Again

December 30, 2013 - by - Leave a Comment

Financial firm Calamos Asset Management (CLMS) has been a slight disappointment since we bought 277 shares on Oct. 26, 2012 for $10.80. We averaged down on 223 more shares @ …

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Financial

US Broad Money Supply Growth Slows

December 29, 2013 - by - Leave a Comment

The US broad money supply expansion has slowed materially in the last few months, with the year-over-year growth now at the lowest level since mid 2011. Except for certain components …

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Financial

5 Things To Ponder Going Into This Week: “It’s A Wrap”

December 29, 2013 - by - Leave a Comment

As we slide into the last weekend of 2013, I read several articles this week that got me thinking about where the markets and economy are likely headed in 2014.  …

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Financial

Is The Treasury Curve Artificially Steep?

December 29, 2013 - by - Leave a Comment

The treasury yield curve remains quite steep by historical standards. Typically such steepness is driven by expectations of higher inflation in the future. But as discussed earlier, that is not …

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Financial

French Constitutional Court Approves 75% Tax On High Earners

December 29, 2013 - by - Leave a Comment

Almost a year ago, the French constitutional court ruled against Francois Hollande’s triumphal blast into socialist wealth redistribution, with his proposed 75% tax rate on high earners, and so indefinitely …

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Financial

Pending Home Sales Index Suggests Slower December Existing Home Sales

December 28, 2013 - by - Leave a Comment

The pending home sales index for November was released by the National Association of Realtors (NAR) today, and our analysis suggests that December existing home sales may be worse than …

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Financial

2013 Was Good To Joe Sixpack (Relatively) – The Impact Of 2013

December 28, 2013 - by - Leave a Comment

One of my favorite responses to those who ask me how things are going is “that I am still alive”.  This is the way I feel about the economic events …

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Financial

Celebrating The New Year Two Trading Days Early

December 27, 2013 - by - Leave a Comment

Pop the Champagne Another week brought another record for our Virtual Value Portfolio. Market Shadows has been cashing in some chips recently as a few holdings hit their sell targets. …

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