My long-time friend and mentor Seymour Schulich forwarded an email to me that puts today’s U.S. government debt mountain startlingly into context. By removing several zeros, one can place the debt situation in terms we all can understand—that of a family’s income and expenses. A family who takes in an annual income of $21,700 but [...]

The trend is so close to tipping over into something substantially more serious that we are inclined to view things from a ‘half full’ perspective today. In other words we are going to focus not on why the markets have to dig and improve but instead on why they might. If one were viewing the [...]

Reuters – Stock index futures fell on Tuesday, putting the S&P 500 on track for a third straight decline, on renewed fears the euro zone’s sovereign debt crisis was worsening and tracking European stocks. Related Reading:Wall Street rebounds as concerns ease over Europe (Reuters)Futures rebound after 3-day decline; Yahoo eyed (Reuters)Futures up in technical rebound; [...]

The action in the precious metals raises interest, especially in the maze created by a fear-driven market. Gold at this time is participating in a runaway move past resistance. Although gold has reached new record highs, it may begin stalling in its attempt to continue moving parabolically, while the undervalued miners play catch-up. What may [...]

Well… it seems like a reasonable time for some dollar strength. The markets have been trading off of the relative outperformance of energy prices for so long that it is almost inconceivable to many that this kind of trend could actually end. The Amex Oil Index , for example, was more than a 1000 points [...]