Category Archives: Uncategorized

This explains the drop in rates Canada and Europe,,,,50 bps each meeting.

Gold now trades with the euro and inverse USD as it should… Last Dec trending up…this year DOWN. AND downtrend gold means downtrend inflation !

Rising 33.5% next year means next year at 30,000 plus then massive acceleration in 2026! In 2008, it peaked at 60,000 in Q4… Swedish Krone falls 9.2% this year..

The Fed says no more than 2 drops next year 2025. They said the same in 2023 about 2024 BUT had 4 drops. So Fed is still concerned about inflation BUT construction continues to fall and rising unemployment 2025 will … Continue reading →

Probably why ECB drops so aggressively…I would say Europe is 1 year ahead of US. Output started down in Feb but unemployment was delayed for 2Q. PMI not useful as it was too early by 2 years… UK also negative … Continue reading →

Continuing Claims keep push up…

In July 2021, OEX turned bearish and market started to turn bear in Jan 2022. Likewise, OEX turned bearish in October 2024. ABNB continues in bear market. Last year was +50% in December…now -12%… Construction Bear Market 2024-