Archive for the 'Fixed Income' Category
Think That Central Banks Move the Markets? Think Again
0 Comments Published April 23rd, 2009 in Fixed Income, EconomyBelow is an article written by Mark Galasiewski, editor of Elliott Wave International’s Asian Financial Forecast. Although it uses Australian data to illustrate its point, the same can be shown with US central bank rates and short term T-Bill rates:
The following is excerpted from Elliott Wave International’s Global Market Perspective. The full 120-page publication, which […]
The mad rush into US government treasury bonds has pushed their yields to never before imagined levels. But according to the simple 1 year rate of change, we may be close or have already seen the end of this “bubble”, as this long term chart shows:
Although I think the bond market will return to its […]
A Tsunami Is Coming, But Is It Deflation Or Inflation?
15 Comments Published October 29th, 2008 in Fixed Income, EconomyThere is an tsunami about to make landfall on the US economy. But will it be inflation or deflation? On the one hand we have deflation propelled by the crushing of commodity markets: oil, gas, gold, etc… as well as the massive real estate implosion across the globe.
On the other hand, consider all the inflationary […]
Shock Over, Financial Markets Now Deleveraging
2 Comments Published October 24th, 2008 in Fixed Income, EconomyNo question, this was a financial shock that leaves everyone grasping for superlatives. But as measured by the TED spread and other financial health metrics, it is all but over:
Unlike the CBOE VIX volatility index which reached record territory, this spread has been higher actually. I’ll scrounge up a very long term chart. But the […]
Secular Or Cyclical Bottom… Or None At All?
1 Comment Published October 15th, 2008 in Market Internals, Trading, Fixed IncomeHere are some thoughts with my own conclusions at the end:
Ned Davis Research
A very respected institutional research house, Ned Davis’ company relies on 12 indicators covering sentiment, volume, volatility, and breadth. Right now ten are flashing a cyclical buy signal. But a unanimous result isn’t needed for it to be valid. For example, in the […]


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