Author Archives: Credit Flow Investor

And my equivalent indicator: Quarterly Unemployment Claims… And monthly:

  OEX 12dma not sideways yet so still more SPY upside…but limited to 305.   Weekly macd moves up more slowly…  

Some new inflation forces have turned the 2 year treasury up.  This happens before a major market fall. Core inflation has also turned up in June…   And core inflation monthly up quite a bit more than June last year-

The Conference Board LEI for the U.S. decreased for the first time this year. Large negative contributions from building permits, the ISM® New Orders Index, and initial claims for unemployment insurance (inverted) fueled June’s decline. In the first half of … Continue reading →

Same old…same old…increase of debt over gdp spending…

June was biggest surge in 5 years… MZM is now 16T and SP500 Mkt Cap 24T.

The 2y treasury is a bit more sensitive and starts down sooner. But both confirm now…   Note record margin debts. Real SP500 levels bottom between 1000-1200…