Article Digest- June 18, 2013

Desperately Seeking a Worldwide Vision

William Blake evoked the green pastoral land of rural England as an idyll – a place where the English could build their new Jerusalem in stark contrast to what he described as the “dark satanic mills” of theindustrial revolution that he felt were destroying the English character with excessive commercialism. Read More…


Why Hindenburg Omen Matter Right Now

The much-ballyhooed Hindenburg Omenhas generated plenty of criticism over the years. But a deeper dive into the data this time around suggests there may be more to worry now about than many analysts are letting on to believe. Read More…


Goldilocks Gets Botox

One report I read over the weekend said, “If you wanted to put together a fake jobs report that would be the most soothing to a frazzled market, it would have read pretty much as just released.”
It was neither too hot to cause markets to worry that QEwas overheating things nor too cold to suggest that the Fed was flailing and failing in their policies. Read More…


Inflation Shield Loses Its Appeal

Investors are fleeing debt that protects them against inflation, amid signs that the Federal Reserve is preparing to trim its bond purchases.

The route has sent the yield on 10-year Treasury inflation-protected securities into positive territory for the first time since December 2011. When bond prices fall, yields rise. The selloff in TIPS shows that investors believe the U.S. recovery is on track and that the risk of an inflationary spike is receding. Read More…