The Bonddad Blog

Still nerdy after all these years

Monday, September 12, 2011

How the housing bust still determines the subpar recovery

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- by New Deal democrat From the proverbial 100,000 feet, it is not difficult to see that the "Great Moderation" was a chimera or s...

Morning Market

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After falling through the 200 day EMA, the SPYs have now formed an upward sloping channel.  Prices are below the 200 day EMA, indicating ...
Saturday, September 10, 2011

Weekly Indicators: dead in the water edition

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- by New Deal democrat The only significant monthly data reported in the last week was the ISM services index, which rebounded slightly. I...
Friday, September 9, 2011

Bonddad Link Fest

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Japan's recovery is faltering The US summer was the hottest on record   Lagarde warns of economic risk Chinese inflation falls EU ...

Rethinking mortgage applications (slightly)

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- by New Deal democrat Another component of the Weekly Indicators, besides money supply which I discussed yesterday, is the Mortgage Banke...

Thoughts on the Beige Book

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The Federal Reserve issued the Beige Book this week.  It confirms a continued slowdown in the economy.  Consider the opening paragraph: ...

Morning Market Round Up

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Yesterday, the euro -- which was already below the 200 day EMA -- broke below technical support in high volume.  The primary reason for...
Thursday, September 8, 2011

Bonddad Linkfest

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Republicans striking a new tone? Eight takeaways from the Republican debate OECD lowers global growth forecasts Economic plans will pro...

A note about money supply

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- by New Deal democrat An initial note: I read all of the comments. I don't always respond because frequently I simply don't have ti...

Why Aren't We Creating More Jobs?

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This has been a central question for the last year+ -- why aren't we creating any more jobs?  I think the answer is really that there ar...

Morning Market Round-Up

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Gold is looking like it wants to consolidate at these levels.  After hitting a bit above 184, prices dropped lower on strong volume, prin...
Wednesday, September 7, 2011

The Two Year Bull Market Is Over

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The above charts show all the major average ETFs and the transports.  All confirm that the two year bull ru...

Your Bonddad Blog Link Fest

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Kash -- a MUST read -- on the Swiss National Bank's currency decision Japan keeps rates low Analysts just can't say sell (yes, ...

Two Positive Indicators: PCEs and ISM

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Despite all of the bad news lately (and there has been a ton of it), there have been two bright spots -- personal consumption expenditures a...

Morning Market RoundUp

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Yesterday, there were two important stories.  First, the ISM services printed better than expected.  This provided much needed enthusiasm. ...
Tuesday, September 6, 2011

Thoughts on the Employment Situation, Part I

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After last week's dismal employment report, I though a macro level view of the employment situation would be in order.  So, let's ...

Utter Contempt

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Between being buried in work and feeling incredibly depressed about the overall political situation, I wound up taking a much needed break l...

If the Opposite of Pro is Con .....

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From the WSJ: The sharp slowdown in the euro-zone economy during the second quarter was due to a combination of government spending cut...

Morning Market Roundup

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Wow -- did I ever need that break.  First, I want to thank NDD and Silver OZ for filling in the gaps on the blog while I got a break. Second...
Saturday, September 3, 2011

Weekly Indicators: lack of confidence hurricane warning edition

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- by New Deal democrat In the rending of garments over yesterday's jobs report, it is easy to overlook that most of the monthly da...
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