The Bonddad Blog

Still nerdy after all these years

Saturday, April 14, 2007

What's Causing Inflationary Pressures? Pt. II

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In part one, I showed how oil and gas prices are increasing, which in turn will keep the Fed on the sidelines. Below, I will discuss agric...

What's Causing Inflationary Pressures? Pt. I

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From the most recent FOMC statement: Members agreed the statement also should indicate that inflation pressures seemed likely to moderate ov...
Friday, April 13, 2007

The Markets Last Week

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The bottom fell out of the SPYs on the Fed's announcement on Wednesday, but they more than made that up on Thursday and Friday. The SPY...

PPI Up 1%

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From the BLS: The Producer Price Index for Finished Goods increased 1.0 percent in March, seasonally adjusted, the Bureau of Labor Statistic...

Capital Spending -- Not Housing -- Biggest Threat

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At least according to a survey of economists: A new WSJ.com survey found that 20 of 54 economic forecasters responding to a query cited soft...

China's Reserves Increase

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From the WSJ: China reported a massive increase in its huge pile of foreign currency in the first three months of this year, a gain that inc...
Thursday, April 12, 2007

Bulls v Bears

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Donald Luskin and Barry Ritholtz are debating on US News and World Report's Capital Commerce Blog. It's a very good read and is hi...

The Markets Today

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The markets had a nice upward move today, which is especially good considering they started in negative territory. They rallied until 12:30...

The Fed on the Economy

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Here are some bullet points on the economy that come from the FOMC minutes. 1.) Employment gains moderated in early 2007 2.) Industrial pr...

Import Prices Surprise on the Upside

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From the BLS: The U.S. Import Price Index rose 1.7 percent in March, the Bureau of Labor Statistics of the U.S. Department of Labor reported...

Realtors Predicting Price Drop

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From the WSJ: The National Association of Realtors, which has long proclaimed that U.S. home prices haven't declined on a nationwide bas...

OPEC Production at Two Year Low; Oil Market Update

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From the WSJ: The International Energy Agency warned Thursday that output by the Organization of Petroleum Exporting Countries had hit its l...
Wednesday, April 11, 2007

The Markets Today

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The markets did not like the FOMC minutes. Guess when they sold off? The Fed basically said inflation was still an issue. Of course, the F...

Fed Concerned About Inflation

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From the FOMC Minutes: Most participants continued to expect a gradual decline in core inflation over the next year or two, fostered by stab...

A Look At Homebuilders

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Here is a chart of the homebuilders ETF. Notice the following: 1.) The chart is clearly in a downtrend. 2.) Prices are consolidating around...

KB Homes CEO Still Bearish

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From Briefing.com KB Home's (KBH 41.96) chief executive, Jeffrey Mezger, said Tuesday he expects the housing market to get worse before ...

Managing Earnings Expectations

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From CNBC: As earnings season got underway Tuesday with better-than-expected quarterly results from Alcoa, analysts said many other companie...

An Overview Of the Markets

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Let's take a look at the 3-month chart for the major ETFs I track -- the SPY (S&P 500), QQQQ (NASDAQ 100), and IWN (Russell 2000). W...
Tuesday, April 10, 2007

The Markets Today

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The market were split today. The QQQQs were the best performer with a nice spike at the end of the day on solid volume. The SPYs were the...

Foreclosures Still Increasing

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From CNBC During the first quarter, foreclosures have jumped sharply across the nation’s top urban markets, according to a PropertyShark.com...
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