Almost a third of Banks are experiencing a spike in consumer credit card defaults to levels associated with recessions. While it could be a canary in the coal mine warning of a crisis rumbling through this strong economy, it may also be an errant spark by the feeble financial sisters supplying…
07-20-18 Trump’s thumb on the $ scale has caused an early start to an overdue uptrend. However, political rhetoric can continue to cause artificial swings in the $ near term. Higher commodities require the $ to continue lower. China will curtail Buy orders for US commodities (Soybeans…) short term, limiting…
[SS & KDelta Trader Portfolio models below] 07-20-18 Trump pushes $ lower for the day & lifts all commodities related to trade. If Fed reasserts its independence, then $ will bounce higher. 07-18-18 Aussie, NZ$, Euro, Pound & US$ are all ready to break out of congestion & trigger KDelta signals as…
{Follow model portfolio table below} 07-20-18 Dollar falters on Trump’s jawboning the Fed to stop raising rates to push the US Dollar lower to boost US exports. Stocks unphased, hold on to gains. Trader sentiment is neutral about short term extremes/reversals. 2018 sideways pattern continues as Trade War uncertainty likely…
Awareness of the yield curve and the dreaded potential for inversion as a harbinger of recession has never been more prominent in the news. Esteemed Federal Reserve members, commercial banking CEO’s and economists have acknowledged recently that an inverted yield curve is a powerful indicator of a coming recession. The yield…
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