The Bonddad Blog

In this space you will usually find a picture of my and Mr$. Bonddad's kids -- our three dogs. However, I wanted to especially hat tip ...

Technology was supposed to be the saving grace for this expansion. Remember -- some people continued to argue the problems in the financial...

From the BLS: Nonfarm payroll employment fell sharply (-533,000) in November, and the unemployment rate rose from 6.5 to 6.7 percent, the Bu...

Or maybe we are. My friend New Deal Democrat has a really nice story up on housing. It's a very good read on the current situation.

Click for a larger image Notice the following on the weekly chart: -- Prices rose 22% from the end of July to December -- Prices hit upside ...

While most of the technical points are still decidedly negative, note there is strong support in the (roughly) 82-84 area. That being said,...

From Reuters The number of U.S. workers on jobless benefits rolls hit a 26-year high last month, data showed on Thursday, and it may head hi...

From the WSJ: Retailers reported some of the weakest sales figures in years for November, with many missing downbeat expectations, but Wal-M...

Click for a larger image Notice the following on the weekly chart: -- Prices are at their lowest point in three years -- Prices have dropped...

The main issue with the market right now is the volatility. As I noted yesterday, the market is in the middle of a downward sloping channel...

From the Federal Reserve: Overall economic activity weakened across all Federal Reserve Districts since the last report. Districts generally...

From Bloomberg: Commercial mortgage delinquencies rose in November and will climb more as the economy slows and unemployment grows, accordin...

From CNBC: November layoffs at U.S. firms surged to their highest monthly level in nearly seven years during November, led by the financial ...

Click for a larger image Notice the following on the weekly chart: -- Prices are below all the SMAs -- Prices are at or near their lowest le...

There are two important technical events right now. 1.) The market is in a clear downward sloping channel. So long as prices remain in that ...

From the WSJ: Grim economic data Monday showed more pain for U.S. manufacturing and construction. The Institute for Supply Management, a key...

From the WSJ: Ford Motor Co. plans to tell Congress it is retooling itself to build small fuel-efficient cars and break from the past strate...

Prices have spiked above the upper trend lined of a year-long consolidation pattern. This indicates the credit crunch is still very much ali...

A combination of terrible economic reports and general concern about the length and breadth of the current downturn led to a big tumble toda...

From Bloomberg: The U.S. economy entered a recession a year ago this month, the panel that dates American business expansions said today. Th...