Jun 16, 2017 | European Economy
Macro headwinds are building up for long EURUSD positions in addition to signs that EURUSD is becoming very overbought technically. A few weeks ago we noted that EURUSD sentiment was one of the most bullish (contrarian indicator) among the 50 major FX pairs we track....
Feb 17, 2017 | US Economy, US Equities
Higher economic growth usually translates into higher bond yields, higher stocks and rising oil prices; but, too much of a good thing is bad for stocks. Over the past few weeks, we’ve shown that our stock/bond RSI signal has triggered. We now have an Inflationary...
Nov 28, 2016 | US Economy
(from our Tactical of November 8th 2016) Bond yields have been rising in most countries, and yield curves have steepened across the developed world. As the top chart shows, the rise in nominal yields has come from a rise in inflation breakevens, while real yields...
Nov 4, 2016 | European Economy
(from our Tactical of 18th October 2016) One currency that may buck the trend and remain supported against the dollar is the euro. Although tapering from the ECB does not look imminent, core inflation may start surprising to the upside in the eurozone. The chart...
