While there was some good news out regarding the housing market over the past few days. Though it is still a long way away from healed. But, it is becoming increasing clear that there is little to no inflation in the economy, at least for now.
Food pricing continues to decline...
Some of the more interesting and important items for May 18th :
TDI Podcast 161: Tom McClellan – Timing Signals Converging – Great Podcast
Tarballs in Florida stoke fears of oil slick spread | Reuters – Fears that the huge Gulf of Mexico oil spill was spreading through ocean currents flared...
Guest: Tom McClellan on important markets and indicators. Tom is looking at an interesting convergence of a few important moving averages and sees a “rainbow convergence” in some of his predictions. We also take the opportunity to discuss the outlook for European markets and how this could play out. Kevin...
You probably already know the answer. China of course!
The most interesting piece of information from today was the amount of debt that was bought in March. Over $100 billion more than estimated.
March Long-term TIC Flows +$140.5 bln vs +$40.0 bln consensus, prior +$47.1 bln
A great summary from Briefing.com
Solid Long-term...
Guest: Tom McClellan on important markets and indicators. Tom is looking at an interesting convergence of a few important moving averages and sees a “rainbow convergence” in some of his predictions. We also take the opportunity to discuss the outlook for European markets and how this could play out. Kevin...
