By Steve Blumenthal June 9, 2021 S&P 500 Index -- 4,232 (open) Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of [...]Read More >
On My Radar: Howard Marks’s “A Bowl Full of Tickets,” and William White on Inflation - 06-4-2021
June 4, 2021 By Steve Blumenthal "If something cannot go on forever, it will stop." – Herb Stein, Senior Fellow of the American Enterprise Institute Over the last several On My Radar posts, I’ve shared my notes from the 2021 Mauldin Strategic Investment Conference (SIC). We’ll continue this [...]Read More >
Trade Signals – Model Favors Value Over Growth - 06-3-2021
By Steve Blumenthal June 2, 2021 S&P 500 Index -- 4,201 Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of return [...]Read More >
On My Radar: Stan Druckenmiller at His Best - 05-28-2021
May 28, 2021 By Steve Blumenthal "I will say it's about the most challenging time to talk about the market and the economy I can remember since I got in the business. I actually believe we are in the most unique set of economic circumstances that I've seen in my career, and certainly in the [...]Read More >
Trade Signals – Intermediate-Term Trends: Bullish Trends in U.S. Fixed Income, Equities, and Gold; Dollar Bear - 05-26-2021
By Steve Blumenthal May 26, 2021 S&P 500 Index -- 4,196 (open) Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of [...]Read More >
On My Radar: SIC2021 – Real Estate, Carbon Credits, and Rule #9 - 05-21-2021
May 21, 2021 By Steve Blumenthal “So my issue here is, in the future, as we go forward, if we look at Federal spending as a % of GDP, the CBO is saying if the 10-year Treasury goes to 4.9%, which is their normalized projection, the interest expense alone will be close to 30% of GDP every year, [...]Read More >
Trade Signals – GMO’s 7-Year Asset Class Returns - 05-19-2021
By Steve Blumenthal May 19, 2021 S&P 500 Index -- 4,098 (open) Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of [...]Read More >
On My Radar: SIC2021 – Deflation? Inflation? Transitory? Define It? - 05-14-2021
May 14, 2021 By Steve Blumenthal “You have to go back 40 years – to Q3 1981 – to find a higher quarterly year-over-year wage growth number (+8.5%). This is not an anomaly. This is not a single quarter aberration. This is not transitory. This is four straight quarters of the highest wage growth [...]Read More >
Trade Signals – Market Outlook: Negative S&P 500 Index Returns Over the Coming 11 Years - 05-12-2021
By Steve Blumenthal May 12, 2021 S&P 500 Index -- 4,130 (open) Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of [...]Read More >
On My Radar: Mauldin 2021 SIC - 05-7-2021
May 7, 2021 By Steve Blumenthal “Prediction is very difficult, especially if it's about the future!” - Niels Bohr, Nobel Laureate, Physics “Making predictions is tough, especially if it's about the future!” - Yogi Berra, Late Yankees Baseball Player, Manager and Coach Both quotes serve as [...]Read More >
Trade Signals – Acceleration in Margin Debt’s Euphoria - 05-5-2021
By Steve Blumenthal May 5, 2021 S&P 500 Index -- 4,177 (open) Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of [...]Read More >
On My Radar: Euthanasia of the Rentier - 04-30-2021
April 30, 2021 By Steve Blumenthal “The question is, ‘Why do policies that have been shown to work so badly still get used so regularly?’ I have long maintained that Keynesianism is to Marxism and Socialism what diet cola is to the real sugary beverage. Hence, it falls neatly into the popular, [...]Read More >
Trade Signals – Rate of Change in Inflation Sell Signal - 04-28-2021
By Steve Blumenthal April 28, 2021 S&P 500 Index -- 4,183 Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of return [...]Read More >
On My Radar: Random Thoughts - 04-23-2021
April 23, 2021 By Steve Blumenthal "Where ignorance is bliss, 'tis folly to be wise." – Thomas Gray British Poet, “Ode on a Distant Prospect of Eton College” I’m fortunate to be on the receiving end of a great deal of research. Some I pay for; some is available to all of us. I’m particularly [...]Read More >
Trade Signals – Transitory Inflation? - 04-21-2021
By Steve Blumenthal April 21, 2021 S&P 500 Index -- 4,128 (open) Posted each Wednesday, Trade Signals provides a summary of select Equity, Fixed Income, Sentiment, Economic and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the amount of [...]Read More >
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