Trader’s Narrative

The following is a guest post by a buy-side analyst working in a US asset management firm. The author’s comments are in italics. I welcome your feedback in the comments:

Retail sales rose 1.2% in October, a surprisingly strong result well in excess of the consensus 0.7% forecast. Consumer spending has surprised to the high side […]

The following is a guest post by a buy-side analyst working in a US asset management firm. The author’s comments are in italics. I welcome your feedback in the comments:

Gary Shilling, who predicted the U.S. housing collapse, says the stock market is overvalued and foresees a “significant” selloff within a year. – Bloomberg
Richmond Fed President […]

Here is this weekend’s reading list of economic and market news. To see all the links, go to news.tradersnarrative.com:

Ireland’s Fate Tied to Doomed Banks
Year-end strength might begin in November
The Next Major Disaster Developing for Bond Holders
China buys up the world
Why Rising Yields Aren’t Bad for Bonds
Your weekly Conversations with Casey
Free Steve Nison Candlestick Webinar
Taleb on […]

The following is a guest post by a buy-side analyst working in a US asset management firm. The author’s comments are in italics. I welcome your feedback in the comments:

A Gold Standard, which can prompt brutal economic adjustments and exacerbate inflationary/deflationary forces via accelerated capital flows, is incompatible with the demands of modern economies, most […]

The following is a guest post by a buy-side analyst working in a US asset management firm. The author’s comments are in italics. I welcome your feedback in the comments:

USA gets downgraded by a Chinese rating agency – this news actually hit Tuesday 10 AM ET. China’s Dagong Global Credit Rating Co. downgraded the […]