The Bonddad Blog

Still nerdy after all these years

Friday, July 9, 2010

Weekend Weimar and Beagle

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It's been way too long since I've put up pictures of the kids. So here the are...

Weekly Indicators: Post Barbecue snooze edition (and update re Mish)

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- by New Deal democrat First of all, apologies for not putting this up last week, but the weekend and real life commitments called. Besides,...

Libor Is Still Too High

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While 3-month Libor's rise has stopped, it is still too high and indicates banks are concerned about liquidity issues.

There's Some Back Door Negotiations Going On

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First, China announces it will not dump US Treasury Holdings: China's foreign-exchange agency sought to ease concerns about how it uses...

Yesterday's Market

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Let's start with the equity markets. Yesterday, prices gapped higher at the open (a), but fell into a tight trading range for most of th...
Thursday, July 8, 2010

Regarding This Double Dip Talk .....

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There has been a tremendous amount of talk lately about a double dip recession. According to some, it is just a matter of time. The idea ...

Mish: The Emperor of Doom Wears no Clothes about Retail Sales

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- by New Deal democrat Readers may recall that I have come to regard Mish as something of a contrary indicator. By the time he trots out ...

Yesterday's Market

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Let's start with the big news from yesterday -- the big rally in the equity markets. At the close, prices just got above key resistance....
Wednesday, July 7, 2010

Retail Sales Rise Most in 4 Years

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From Bloomberg: U.S. retailers’ sales are growing at the fastest pace in four years, a sign consumers may be overcoming concern about unempl...

Market Sentiment: a Big, Fat, Hanging Fastball

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- by New Deal democrat Back in 2006 and 2007, when Bonddad used to hang out at a big political blog, I would poke (lighthearted) fun at a fe...

Harbingers of the Second Half Stall

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- by New Deal democrat Besides posting here, Bonddad and I not infrequently have phone conversations about the markets and economy (I know, ...

Yesterday's Market

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Let's start with the euro. Remember the chain reaction that sent the markets lower: the euro dropped leading to a rise in the dollar. ...
Tuesday, July 6, 2010

ISM Drops, But Still Shows Expansion

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From the ISM: The report was issued today by Anthony Nieves, C.P.M., CFPM, chair of the Institute for Supply Management™ Non-Manufacturing ...

Yield Curves and Recessions

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A Great piece of research from the Cleveland Fed on yield curves and recessions. Since last month, the yield curve has dropped slightly, wi...

China Sneezes and the US Catches a Cold

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The US economy was progressing nicely until (roughly) the end of May. Real PCEs had been increasing for about a year, business investment ...

Yesterday's Market

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Let's start with a look at the equity markets Since the beginning of the year, the SPYs have formed a head and shoulders pattern. Price...
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