There are some data points that are optimistic for the US
We talk a lot about negative factors in the US economy but the facts are some data points are moving int he right direction. Yes they may just be temploary moves but they also might be telling us something about the health of other economies in the world.
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Was not this achieved by using a negative inflation rate?
Al, Cory.
Is it possible to bring/mention some data about “Europe” and compare it vs. the US when doing some interviews?
We often hear comments about Europe etc… but we hardly ever hear any data being mentioned. So that’s a bit “light” in terms of insights, IMHO.
I guess is that instead of making general comments, it would be more valuable for listeners to maybe bring up some numbers on various economics indicators in order to have an idea about what the situation is ? and then compare that set of data to the equivalent in the US – on a like-for-like basis ?
Cheers & GL to all investing/trading.
LPG
Good idea.
LPG,
Good point. I don’t think Europe is as bad as most people in the US do. I heard that they are starting to lend money and their economy is looking much better. The ECB just got the bond buying program approved as well. I look at certain parts of Europe as an excellent buy pretty soon.
Rick,
Your thoughts on TLT ?
It’s a mystery for me right now. Guess we wait for Janet to start Yellen.
I’ve been watching the bond markets as well Chartster and right now with so much sideways action in very dull markets and no real flight to safety, but a slightly increasing volatility, it is a bit baffling on which way the long term rates are going to head.
I just pulled up a 6 month chart where TLT bounced off the bottom band of the BBs, and has headed up, but there is substantial resistance at 123.11 (50 day MA, 200 day MA, and top band of BB). It seems more likely to go back and test 115 again and do a W bottom back up to 123.
http://stockcharts.com/h-sc/ui?s=TLT&p=D&yr=0&mn=6&dy=0&id=p64891467824
4% is a good economy. Anything under 2% BLOWS!
SILVER: Buckle Up For A Big Move
http://www.zerohedge.com/news/2015-06-16/silver-buckle-big-move
Thanks for the article Birdman.
Some silver producers have had nice moves over the past 2 days… which got me scratch my head.
Also, as I mentioned to Richard/Doc, the SIL ETF looks at an interesting junction, IMHO. The COT data mentioned in the article you referenced seems to put some of the pieces of puzzle in place.
Best to you & hope all’s well.
LPG
Thanks for the comments Cory/Al.
According to GDP now, Q2 GDP is at 1.9% as of June 2016.
Here’s the link for everyone:
https://www.frbatlanta.org/cqer/research/gdpnow.aspx
Best to all,
LPG