“Davidson” submits:
Markets continue to reinforce that the long-held inverse relationship between the US$ and $WTI(as well as many other commodities) remains intact.
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Author: ToddSullivan
“Davidson” submits:
CAB hit new high this week, the earnings surge predicted by this index 14mos ago in US Industrial Sector is being reported today.
This is looks desperate…….
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Bove & Rosner on GSE’s
Bove and Rosner talk to CNBC about the GSE litigation
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T-Bills, Earnings and the US Dollar
“Davidson” submits:
T-Bill rates on a sharp rise as positive EPS surprise markets. T-Bill rates now at 1.17% and exceed Effective Fed Funds at 1.16%.
No matter what your take on the “legalities” of the government’s actions, these documents make it clear, beyond any doubt, that your government lied to you………..repeatedly. It’s no wonder Treasury /FHFA lawyers fought so hard to keep these docs from plaintiffs.
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Peak Rigs???
“Davidson” submits:
Several months ago I said we could see the BH Rig Count peak near 1,000.
“Davidson” submits:
US$ has continued its dive towards the long-term trend in the 65-70 range using this Trade Weighted Index.