The Bonddad Blog

- by New Deal democrat This past week was light on monthly data. Retail sales surprisingly declined in December, but that decline was overm...

OH MY GOD! Consumer debt is falling! That means the sky is falling!!!!! We're doomed!!!!! Except that now household debt service paym...

From the Federal Reserve: Industrial production increased 0.6 percent in December. The gain primarily resulted from an increase of 5.9 perce...

From the NY Fed: The Empire State Manufacturing Survey indicates that conditions for New York manufacturers improved for the sixth consecuti...

A.) Starting in early December the dollar enjoyed a rally. Prices gapped higher in several places before B.) Forming a downward sloping fla...

A.) All of these charts have the same quality: all of them are right at expansion levels. Some are right at the level, some are just over, ...

Yesterday the Federal Reserve released the Beige Book. This is a great document for getting an overall feel for the economy. I'm going ...

In part 1, we looked at the consumer. Let's take a look at non-financial services: Districts reporting on nonfinancial services general...

- by New Deal democrat Initial jobless claims during the week ending January 6 rose slightly to 444,000. The 4 week moving average fell 9,0...

A.) Since the end of December, prices have gapped higher on four different occasions. This is a very bullish development, as it represents ...

A.) The transports have broken through upside resistance, but have since fallen to support levels. A.) On decent volume, prices rebounded fr...

Today we will see more theater regarding Wall Street. I've been silent on this issue because so far the entire exercise has been pointl...

GM will use -- trucks to grow: General Motors Co. has freed up cash to fund a major update of its full-size pickups, a bet that consumers a...

From the WSJ: China, which for more than a year has been pushing its banks to pump out cash to offset the global downturn, abruptly reversed...

A.) Prices have been in an uptrend for several months. B.) Prices have consolidated gains as they have moved higher. C.) Yesterday prices br...

A.) Prices retreated to the top upward sloping trend line on higher volume. A.) Prices retreated but are still within the ascending triangle...

The initial unemployment claims continues to drop. Also note the rate of the drop is on pace with the post 1982 recession. Those unemployed...

The following information is from Table A-7 of the BLS employment report: Ages 16-19 have a 27.1% unemployment rate while those aged 20-24 h...

A.) Prices peaked a bit above 91 in late November. Since then they have been dropping steadily. B.) Prices first bounced off resistance in ...

Click for a larger image A.) Prices opened higher but quickly fell to the 10 and 20 minutes EMAs. B.) Prices found twice support twice at th...