Re: Tracking the DOW PLUNGE!!!
Quote:
Originally Posted by
ximmy
What does this mean?
It means the next two days the Dow will rally 990 points! ;D
Re: Tracking the DOW PLUNGE!!!
are buy more beans an rice
Re: Tracking the DOW PLUNGE!!!
Quote:
Originally Posted by
mick silver
are buy more beans an rice
I did that yesterday. Mostly beans but I also added another years worth of TP. Tomorrow I am headed to the international market. One, for more rice, they have much better prices on large quantities and 2 to feed my addiction. They have durian and I cant get enough of them. Fuckers got me hooked and at 15 bucks a whack its not a cheap addiction. Hopefully will get some cheap noodles as well.
Whither the Market in an Era of Rate Hikes?
Dominant Social Theme: Things are getting better and better.
Free-Market Analysis: The Baltic Dry Index has received a lot of coverage because it tracks shipping activity worldwide – and it has never been lower. Nobody is shipping much of anything, it seems.
For this reason, Tavares's analysis of US rail transportation may have received more attention than it would have otherwise. It was posted at ZeroHedge, for instance, and reposted at other websites as well.
He concluded that rail transport volumes were showing considerable weakness (see excerpt above). However, the weakness was relatively recent so he declines to draw any firm conclusions.
More:
The rail intermodal traffic category registers the long-haul movement of shipping containers and truck trailers by rail whenever combined with (a much shorter) truck movement at one or both ends ... The weaknesses leading up to the 2008 financial crisis is pretty noticeable ...
The analysis covers commodity groups within the context of rail traffic. According to the article, rail shipping shows a continued glut of oil and gas. Forest products, a good indicator of construction, have also fallen off significantly. However, motor vehicle shipping has been setting a new high.
His conclusion:
Our analysis of rail volumes provides a mixed picture of the US economy at this point: oil & gas and mining-related sectors are taking a real beating, some consumer sectors seem to be holding up and there are signs of weakness in the housing sector. 2016 should witness some type of a resolution here.
Tavares, as we can see, declines to make any firm predictions. However, over at the CFA Institute, Ron Rimkus writes that "2016 is a turning point for markets," and that while the world's outlook is grim, the US may benefit considerably from Federal Reserve rate hikes.
The Fed ... signaled four .25% increases in interest rates are in store for 2016 ... Although the Fed has proceeded ever so gingerly, the world is nevertheless at a turning point punctuated by the Fed's historic rate hike.
... With these modest expectations, weak economies around the globe, and a rising dollar, maybe – just maybe — all that global capital sloshing around will find a home here in the US stock market? Think about it . . .
Could Yellen's rate hikes set off the next leg of a US securities boom? We recently reviewed an article by David Stockman that was relentlessly negative about central bank currency debasement (already in play) and the effect it was going to have on indebted governments and large quasi-public entities generally.
According to Stockman – and his analysis is shared by numerous hard-money analysts and economists – as the era of easy money gives way to tighter monetary volumes and higher rates, the world's economy will show considerable stress.
In fact, there are those like Euro Pacific's Peter Schiff who believe that one way or another Yellen and company will be forced to continue easy-money policies because wringing out the leverage of US$175 trillion (Stockman's estimate, printed since 2008) is an impossibility.
We would tend to agree with the hard-money crowd – and have written such – but the suggestion that US markets should benefit from higher rates (not too high, of course) is an intriguing one.
It doesn't mean anything in the longer term, given the mess of US finances. But in the short term, a continued securities rally might benefit large corporations and also enhance the prospects of smaller enterprises and companies that have not yet gone public.
Conclusion: Certainly a sustained rally, even with considerable volatility, would enhance the prospects of emerging sectors. One such sector – cannabis – has yet to fully debut on the world's stage, but if US markets continue favorable, that process might be considerably eased.
- See more at: http://www.thedailybell.com/news-ana....g4diSZLQ.dpuf
Re: Whither the Market in an Era of Rate Hikes?
I have started a few thread about this , the charts show this dropping off like a rock in water all one needs to do is go back t 2007 an 2008 and you see the same thing but this time there more ships parked .................The Baltic Dry Index has received a lot of coverage because it tracks shipping activity worldwide – and it has never been lower. Nobody is shipping much of anything, it seems.
Re: Whither the Market in an Era of Rate Hikes?
U.S. Stocks
Data as of 12:31:07pm ET
Wednesday’s Trading:
- Dow -221.44
16,937.22
-1.29% - Nasdaq -49.47
4,841.96
-1.01% - S&P -22.75
1,993.96
