equities

This comes via the BBH Currency Strategy Team. Highlights US dollar is mixed on the day vs. the majors, as markets search for direction ahead of Friday’s stress test results being released.  The euro made a marginal new high for the…

John Hussman is out with his latest weekly commentary. He continues to make good points about the market's overvaluation despite the forward earnings crowd's cries that P/E ratios (see Hussman: US shares are 40% overvalued). While Comstock…

Highlights The US dollar continues to trade heavily against the euro and yen, but it is consolidating against the other major currencies.  Poor US economic data  and more benign news streams from Europe continues to fuel the…

The latest weekly commentary by Comstock Partners. We stated in the 4th of July holiday comment that we would discuss valuations in the "special report" we wrote last week. As it turned out the "special report" got…

Highlights US dollar was mostly weaker vs. the majors, up modestly only vs. AUD and CAD as the euro made another new high for the cycle near 1.2950. By ending the day at the highs, further euro gains look likely in Asia today. The yen and…

Picking up where I left off in the last post regarding forward earnings, David Rosenberg has this to say: Intel enjoyed its best quarter ever at the peak of the inventory cycle. Well done. What we are grappling with is this. If the…

I am on BNN in Canada today at 1215 ET to talk about matters financial. So as a lead-in to what I am going to say there, I wanted to write here about the retail sales numbers, earnings season and the economy. Retail sales were weak. The…

John Hussman is out with another good piece this week in which he deconstructs all of the short-termism and technical analysis dominating the talk of market followers in the US. He opens saying: Perhaps the best way to begin this week's…

Highlights The US dollar is generally firmer against most of the major and emerging market currencies to start the new week.  It has staged a reversal of sorts before the weekend and there has been follow through today.  The euro…

By Jeff Clark, Senior Editor, Casey’s Gold & Resource Report One of the big hints that gold stocks will be ready for take-off is when they stop following the broader markets and strictly track gold, particularly if the market falls and…