By Steve Blumenthal April 25, 2018 S&P 500 Index -- 2,634 Posted each Wednesday, Trade Signals looks at several of my favorite stock, investor sentiment and bond market indicators.  Market trends persist over time and stem from changes in risk premiums or the amount of return investors [...]Read More >

April 20, 2018 By Steve Blumenthal “A Minsky moment is a sudden major collapse of asset values, which is part of the credit cycle or business cycle. Such moments occur because long periods of prosperity and increasing value of investments lead to increasing speculation using borrowed [...]Read More >

By Steve Blumenthal April 17, 2018 S&P 500 Index -- 2,710 Posted each Wednesday, Trade Signals looks at several of my favorite stock, investor sentiment and bond market indicators.  Market trends persist over time and stem from changes in risk premiums or the amount of return investors [...]Read More >

April 13, 2018 By Steve Blumenthal “… I think Cohn resigning, was basically (telling us) that trade protectionists have taken over the economic thought process at the White House.  And I think that's really disturbing.” - David Rosenberg China’s President Xi Jinping, in a speech this week, [...]Read More >

By Steve Blumenthal April 11, 2018 S&P 500 Index -- 2,652 Posted each Wednesday, Trade Signals looks at several of my favorite stock, investor sentiment and bond market indicators.  Market trends persist over time and stem from changes in risk premiums or the amount of return investors [...]Read More >

April 6, 2018 By Steve Blumenthal “The deflationary period we’ve been in has come to an end.” – Louis-Vincent Gave, Founding Partner & CEO, Gavekal Research China and Trump escalated the Trade War fist fight this week and the markets are having trouble digesting the dire news.  Is Trump [...]Read More >

By Steve Blumenthal April 4, 2018 S&P 500 Index -- 2,580 Posted each Wednesday, Trade Signals looks at several of my favorite stock, investor sentiment and bond market indicators.  Market trends persist over time and stem from changes in risk premiums or the amount of return investors [...]Read More >

March 29, 2018 By Steve Blumenthal “I’m bullish on commodities because we are late cycle…  You can argue how late we are in the cycle but we are late cycle. The bond bulls will argue there is more room to run, but nobody is going to say we are in the first inning or the third inning of an [...]Read More >

By Steve Blumenthal March 28, 2018 S&P 500 Index -- 2,612 Posted each Wednesday, Trade Signals looks at several of my favorite stock, investor sentiment and bond market indicators.  Market trends persist over time and stem from changes in risk premiums or the amount of return investors [...]Read More >

March 23, 2018 By Steve Blumenthal “There are two bubbles: We have a stock market bubble and we have a bond market bubble… What’s behind the bubble?  Well, the fact is that essentially we’re beginning to run an ever-larger government deficit. As a share of GDP debt has been rising very [...]Read More >

By Steve Blumenthal March 21, 2018 S&P 500 Index -- 2,714.99 Posted each Wednesday, Trade Signals looks at several of my favorite stock, investor sentiment and bond market indicators.  Market trends persist over time and stem from changes in risk premiums or the amount of return investors [...]Read More >

March 16, 2018 By Steve Blumenthal “A period of stability induces behavioral responses that erode margins of safety, reduce liquidity, raise cash flow commitments relative to income and profits, and raise the price of risky relative to safe assets – all combining to weaken the ability of the [...]Read More >

By Steve Blumenthal March 14, 2018 S&P 500 Index -- 2,750 Posted each Wednesday, Trade Signals looks at several of my favorite stock, investor sentiment and bond market indicators.  Market trends persist over time and stem from changes in risk premiums or the amount of return investors [...]Read More >

March 9, 2018 By Steve Blumenthal “Invest in things that have never happened before, hedge for regression to the mean and plan for the unimaginable.”  ― John Burbank, Passport Capital Mauldin Economics SIC 2018 “When the Fed moves in one direction they are ultimately laying the seeds for [...]Read More >

By Steve Blumenthal March 8, 2018 S&P 500 Index -- 2,732 Posted each Wednesday, Trade Signals looks at several of my favorite stock, investor sentiment and bond market indicators.  Market trends persist over time and stem from changes in risk premiums or the amount of return investors [...]Read More >