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How to Safely Play China's Growth

Consider China. Unless you've been cooped up in Guantanamo for the last few years, you're already familiar with the miracle of China, Inc.; 11.4% GDP growth, the world's "go to" manufacturing center, a 1 billion strong local consumer ...

The Slump of the Housing Market

While the demise of the housing market makes a strong case for everything that's gone wrong in the economy nowadays, a strong argument could also be made for everything that has NOT gone wrong yet.

Pay Me Now or Pay Me Later?

HUI: The lateral support in the 350-375 area is very strong, having been constructed by months of sweat and toil as the yield curve made a solid bottom. Speaking of the yield curve, it is currently taking a much needed break as the panic ...

BondWorks

The Treasury market improved once the 10 year auction was out of the way on Wednesday of last week. There were a couple of news items that I considered to be of high importance last week. First, the news in the financial sector is not only ...

Government Inflation Data at Odds with Reality

In an age where governments of every political stripe distort economic data to promote their own self-interests, it's hardly surprising that they present inflation statistics that are wildly at odds with the reality faced by consumers and businesses ...

Gold versus Industrial Commodities

Despite its recent sharp pullback, the above long-term chart creates the appearance that the gold market is very extended and in need of a lengthy consolidation. It certainly wouldn't surprise us if gold spent many months consolidating between $800 ...

Agri-Food Thoughts

To produce a tonne of chicken requires more than two tonnes of grain. To produce a tonne of eggs requires more than 11 tonnes for grain. Latter is due to the need to feed the hen all year if she is to produce eggs. Impact on global grain consumption ...

How to 'Invest' with $100,000

... while the more investment dollars you have to invest in this natural resource sector provides you with more choices and flexibility this does not necessarily mean you will make more money or have a better return on your investments.

Commodity Market Summary

Rice closed limit-down for the second straight day, with the July contract setting 75 cents lower at $21.49 per hundredweight. The U.S. Department of Agriculture's weekly crop progress report Monday showed U.S. rice plantings were 74-percent ...

Pivotal Events

Our main theme has been that the plunge into January was of a character that typically ends important bull markets. As that panic concluded our view was that the revival in stocks, commodities, and credit spreads would run into March-April ...
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