The Bonddad Blog

  - by New Deal democrat In the rear view mirror, 2nd quarter GDP was revised up to 1.7%. With the exception of consumer sentiment, wh...

We'll be back on Tuesday. Have a happy and safe holiday.

The Federal Reserve released the Beige Book this week.   Below is the summary of its findings.  It provides a great, near real time "yo...

The above 60 minute charts show the US markets are consolidating.  The IWMs (top chart) are in the middle of a symmetrical triangle...

Australian building drops for fifth straight month (HIA) French business climate deteriorated in June (NIS) Italian retail sales up (ISTA...

- by New Deal democrat With the release of personal income this morning, we now know the values of all four series thought to guide the...

While manufacturing was a big reason for the US' recent economic growth, that trend is definitely changing.  Recent data shows that manu...

The SPYs have sold off a bit from their recent advance.  However, prices are now consolidating at levels established in late March.  They...

- by New Deal democrat As reported yesterday, the Case Shiller housing index, which bottomed on a seasonally adjusted basis in January, ...

From John Cochrane A really good example: What will the effect on output and employment be of ending 99 weeks of unemploment insurance? T...

Today, I want to look at the currency markets.   More importantly, I want to note that the currency markets have been remarkably stable.  Co...

Choppy markets give way to orderly accumulation (Marketwatch) Spanish yields drop at auction (Marketwatch) Is Australia in the same boat ...

Above is a chart for the year over year percentage change in CPI for the US (blue line) Japan (red line) Euro area (green line) and UK (...

- by New Deal democrat This morning's Case Shiller report for June showed prices in the 20 city composite rising YoY for the fi...

The two charts above (a daily and weekly gold chart, respectively) show that gold has stopped consolidating between ~150-159 and advan...

Romney 47, Obama 46 in new WaPo poll (WaPo) Romney outlines governing style (Politico) Iceland was right and everybody else was wrong (BP...

The above chart shows the SPYs for the last 10 years.  Notice that, in the grand scheme of things, we've really only traded in a big ...

The daily SPY chart (top chart) shows that prices broke an uptrend last week and also moved through support established a little over si...

If we use logic, it will save us all

  - by New Deal democrat The monthly data for July released last week was sparse, and mixed. Both new and existing home sales rose. N...