The monster, Zirpenstein, has continued to grow. The headline that is the most significant and is the greatest fundamental (mentioned in “Technicals Inform the Fundamentals: QE4ever?”) is not mentioned by the financial pundits – WE ARE IN THE ERA OF THE CENTRAL BANK AS CENTRAL PLANNER! (read more in “Don’t Be So Pretendtious!”) Japan has…
The cycle of cheap energy, a strong dollar, and weak global demand (including a weak China), first described in “Crude Analysis of Crude: I Enter the Center of the Cycle”, might give way to what could be a significant event. The price of the Crude Light Oil contract, traded on Globex, is nearing its 100 day…
China Trade Balance (Mar), which came at CNY 18.8 bln vs exp CNY 250.0 bln, with exports -14.6% y/y (in yuan terms), while imports were -12.3% y/y (yuan terms), all components being a big miss, that has sent the rate at its day lows of 0.7610 from 0.7675/80 (AUD). It is interesting to see Chinese…
(There is an old rap song written and performed by Nine in the 1990’s. It was called “The Cypha”. In rap parlance, the cypher is where you find yourself if you are bold enough to freestyle or battle rap. One rapper after another in the “cypher” takes turns attempting to convey rap skill superiority. Follow…
