Gold, Miners Surge: Sector Shift Signals Safe Haven Moves PREVIEW by davefairtex Consumer economy data shows growth in durable goods orders, GDP, and new home sales, while personal income lags. Credit remains flat, rates rise, and metals rally significantly. Gold, Miners Surge: Sector Shift Signals Safe Haven Moves PREVIEW by davefairtex Consumer economy data shows growth in durable goods orders, GDP, and new home sales, while personal income lags. Credit remains flat, rates rise, and metals rally significantly.
Housing Bubble on the Brink, Dollar Dips, and Risk Still Roaring (For Now) PREVIEW by davefairtex Consumer Economy Retail Sales (RSAFS) $732B +4.6B (+0.63% m/m) Industrial Production (INDPRO) 103.9 +0.10 (+0.10% m/m) US Housing Permits (PERMIT) 1.31m -50k (-3.67% m/m) US Housing Starts (HOUST) 1.30m -122k (-8.54% m/m) Retail Sales grew at an annualized rate of 7.56% – that’s decent expansion, and not recessionary. The Food & Bev segment grew just… Housing Bubble on the Brink, Dollar Dips, and Risk Still Roaring (For Now) PREVIEW by davefairtex Consumer Economy Retail Sales (RSAFS) $732B +4.6B (+0.63% m/m) Industrial Production (INDPRO) 103.9 +0.10 (+0.10% m/m) US Housing Permits (PERMIT) 1.31m -50k (-3.67% m/m) US Housing Starts (HOUST) 1.30m -122k (-8.54% m/m) Retail Sales grew at an annualized rate of 7.56% – that’s decent expansion, and not recessionary. The Food & Bev segment grew just…
Dollar Bullish Reversal, Crude Backwardation, and Trauma as Control PREVIEW by davefairtex Consumer Economy Retail Sales (RSAFS) $0.72T +4.6B (+0.63% m/m) Industrial Production (INDPRO) 104.0 +0.35 (+0.33% m/m) Producer Prices (PPIACO); 260.2 +1.68 (+0.65% m/m) Retail Sales (a dollar amount) rose 7.56% annualized – a nice move, maybe even keeping up with inflation, but not a new all-time high due to the big contraction (-6.2B) that happened… Dollar Bullish Reversal, Crude Backwardation, and Trauma as Control PREVIEW by davefairtex Consumer Economy Retail Sales (RSAFS) $0.72T +4.6B (+0.63% m/m) Industrial Production (INDPRO) 104.0 +0.35 (+0.33% m/m) Producer Prices (PPIACO); 260.2 +1.68 (+0.65% m/m) Retail Sales (a dollar amount) rose 7.56% annualized – a nice move, maybe even keeping up with inflation, but not a new all-time high due to the big contraction (-6.2B) that happened…
by sand_puppy 
