Watch Out When SMH and IYT Agree

Mish Schneider | June 24, 2019

Gold up, TLT up, UUP down and IMW down.

This is not a good sign for the SPY, QQQ, or DIA which all managed to consolidate rather than trend lower.

The Economic Modern Family is also pointing to weakness as …


Did the Market’s Year of the Pig Mascot Just Pull a Rabbit Out of a Hat?

Mish Schneider | June 20, 2019

This year, I have written a lot about the Chinese New Year of the Brown Earth Pig.

According to some top forecasters, the year of the pig is in the water element, which should wreak havoc in many areas.

One …


Silver to Gold Ratio-Tip of the Inflation Iceberg

Mish Schneider | June 19, 2019

Recently, I posted these exact same charts.

At the time, the ratio did not look ready to do much.

Since then, and with the help of lower global interest rates, the chart looks a bit different.

Are we getting ready …


Economic Modern Family Still Not Fully Convinced

Mish Schneider | June 18, 2019

Until the market sees what the Fed is thinking and possibly doing, all we can do now is wait.

The dichotomy between most of the Family and the S&P 500 continues to daunt those who look “inside” the market.

Furthermore, …


Can the Market Ignite into Flames Without a Match?

Mish Schneider | June 17, 2019

How many of you have tried this while hiking or camping in the woods?

You gather a stack of dried sticks, hold a mirror so that the sun reflects on those sticks, and then try to ignite a fire.

I …


The Yellow Jacket and the Ant: A Market Legend

Mish Schneider | June 16, 2019

There is a Nez Perce tribal legend about the Yellow Jacket and Ant.

In the legend, the ant invades the living space of the yellow jacket because he sees that the bee is eating salmon.

The ant, becoming jealous, starts …


Hence, the Market Manipulates the Investors

Mish Schneider | June 13, 2019

With the market ignoring any potential bad news, it seems to live in each hopeful moment, like that of a dog.

A dog’s main motivation is treats.

The market’s main motivation is also treats-vis-à-vis, bad news means the Federal Reserve …


India, Russia and China Make Three

Mish Schneider | June 12, 2019

Will Dubby Fuqua Artist Arnold Lieberman Gallery

To counter Trump’s’ protectionism, India and Russia are backing a “new” multilateral trading system.

Today, published in South China Morning Post, Lee Jeong-ho wrote an article about how Putin, Xi, and Modi are …


QE Made the Market Float: Now It Could Turn Out a Drag

Mish Schneider | June 11, 2019

Every day of our lives, we learn and experience new strategies, opinions, and patterns that have to be incorporated into our personal belief systems.

Sometimes, facts are simply rejected because they contradict our philosophies.

Other times, facts seem to be …


How the Gold:Silver Ratio Chart Saved Us

Mish Schneider | June 10, 2019

A while back I did a Daily blog on this ratio.

Since then, gold rallied up to $1330 an ounce (give or take.)

Silver rallied up to $14.05

The bullish articles and tweets have lit up my computer screen.

Here’s …