Category Archives: Dollar

Dollar At Key Support

The Dixie (dollar index)  is testing key support at 79 and is now down about 1 percent year to date. (click here if chart is not observable)

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Correction Time? Now or Never…

The S&P500 had its worst daily decline for the year.  The VIX spiked over 19 percent, its biggest 1-day increase in 2013.  The dollar index closed at its highest level since November 16th,  which was the day the S&P500 bottomed … Continue reading

Posted in Commodities, Dollar, Equities, Gold | Tagged , , , , , | 4 Comments

“US Set to Restage Greek Tragedy” – Der Spiegel

How is the rest of the world (ROW) viewing America’s fiscal problems? Here is Germany’s Der Speigel, The US has more in common with heavily indebted southern European countries than it might like to admit. And if the country doesn’t … Continue reading

Posted in Black Swan Watch, Dollar, Fiscal Policy, Germany | Tagged , , , | 15 Comments

Quote of the Day: From Can Kicking to Ass Kicking

Here’s then Fed Chairman, Alan Greenspan, speaking to the Economic Club of New York in 1997  during Asian Financial Crisis. This is when “can kicking” by Asian policymakers transitioned into “ass kicking” by the financial markets,  which will surely take … Continue reading

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Swan Dive!

The mutilation of savers and the working class continues.   QE3+ Fiscal Cliff =  More Jobs? The Nasdaq is up over 20 percent this year and we just got another monetary blast.  Who would of thunk it?  Think Kafka, folks. (click … Continue reading

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The Ideal Portfolio: Gold, Sugar, Bunds & Francs

Imagine your investment adviser proposing a sweetened barbell portfolio of gold, white sugar, Swiss francs, and German bunds in 2007 with a 5-year time horizon.   You would of likely canned the wacko faster than they sold Nike stock last week. … Continue reading

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Ugly Chart Contest: Safe Haven Swan Diving

There’s something happening here What it is ain’t exactly clear…. Everybody look what’s going down – For What It’s Worth – Buffalo Springfield,  circa 1967 The former safe havens – U.S. treasury bonds, gold, and the Japanese yen — have … Continue reading

Posted in Black Swan Watch, Bonds, Currency, Dollar, Economics, Gold, Japan | Tagged , , , , , | 2 Comments

Dollar/Yen Clears Resistance, Next Stop 85.5

Dollar/yen cleared the top of the resistance zone, which we identified in our last post.   Note the rocket ship to a 10-month high after retesting the generational low in February. We’re in the process of constructing a Weekly Japan Sustainability … Continue reading

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Global Markets: One Large Complex Adaptive System

We once read somewhere that there are 10 to the 180th power possible paths to checkmate in a game of chess.   Similarly,  the global markets are one large complex adaptive system and almost impossible to project their short-term macro … Continue reading

Posted in Black Swan Watch, Dollar, Euro, Eurozone Sovereign Spreads, German Bund, Global Stock Performance | Tagged , , , , | 2 Comments

Dollar Yen Pierces Long-Term Downtrend Line

Our friends over at Lighthouse Securities posted a nice chart and great analysis on today’s $/Yen’s break of its two-year downtrend line.    We’re sensing this could be one of the big macro trades of 2012. As Europe works through … Continue reading

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