SubscribeVideo: Fundmentals DO NO Support Rally
June 24, 2009
A recent interview by the Money Show. I am with Howard Gold, a co-player in the MSN Money Strategy Lab.
Here, I evaluate the strength and future of the current rally
Chart: Swine Flu Update (Flir Systems)
June 23, 2009
While we are hearing horror stories about visitors suspected of having Swine Flu being taken and quarantined within China, we are seeing the reported cases of the Swine Flu on the rise. Surely this is not the total cases as we are told that only a fraction are actually diagnosed.
The good news is that while we are seeing a spike over the past week in cases, the Death-to-Case ratio is continuing to decline.
We are also hearing a good deal of news pertaining to the precautions that are being taken and the latest technology lending a hand to airport screeners/quarantine officers. These are infrared and heat sensitive cameras that can scan people for heat/fevers as they pass by. The company that is supplying a good deal of these is FLIR Systems (FLIR).
CBS NEWS CLIP on FLIR SYSTEMS CAMERA
An infrared camera is a very effective tool to detect people infected with a viral disease at a very early stage. It produces infrared images or heat pictures which allow displaying even the smallest temperature differences. Infrared thermography provides a visual map of skin temperatures in real time. In addition, infrared cameras are very sensitive devices. FLIR IR cameras measure temperature differences as small as 0.08 ºC.
Protectionism Problems Persist
June 22, 2009
You would think that the world would have learned, but it is very apparent that it has not. Leaders are obviously trying their best to revive and protect their economies even thought the perils of the 1930′s has shown that that leads economies into greater difficulties.
Now, the U.S. and UE are going after China’s export policies. That is a slippery slope that will surely be intercepted by threats by China regarding U.S. treasury bonds and counterclaims tht we have aided the U.S. auto industry to the detriment global industry. Also, it will be fun to watch Read more
Video: Supply Will Drive Oil Down
June 22, 2009
I say the fundamentals don’t support higher oil prices, and he expects them to fall back below recent peaks.
Watch the video on MSN Money
Who is Selling Treasuries?
June 22, 2009
We know that over the past several weeks we have seen a significant rise on the interest rate on long treasuries. Of course that means that prices are moving lower, indicating that demand is waning.
(Chart below shows the yield curve for treasuries as compared annually. Notice the significant change on the long end)
Last week, Russia and Brazil indicated that they are less willing to purchase U.S. sovereign debt and China is Read more
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