Market News & Insights

Economic Chart Spotlight: Global Monetary Policy Converges

The big focus this week is on whether the Fed will either hike rates, announce Quantitative Tighening (QT) aka balance sheet normalization, do both, or do nothing…. but a bigger set of trends are playing out at a global level in the monetary policy space. The key chart in this article came…

U.S. Corn Futures Weekly Outlook: Stocks, Yields In Focus

December corn futures closed UP 1 ½-cents per bushel week-on-week, finishing at $3.56 ¾ on Friday. Corn bulls continue to defend the $3.50 price support area. But they are in need of a script-altering catalyst if prices are to sustain any rally attempt. Fundamentally, the corn market remains mixed. WEEKLY…

Macro Market Commentary: Faith Trumps Fear

With every market-moving tweet, promise, provocation and policy proposal, President Trump has changed the investing and trading landscape. Finance Twitter is but a petri dish of sentiment representing what’s happening beyond the stream. And clearly it is lit up with arguments–sometimes loud, angry, fact-maligning rants–for and against the POTUS and his…

Credit Conditions & Demand Holding Up

In this week’s chart spotlight I want to share a couple charts with you regarding current credit conditions. In the August report from the National Association of Credit Managers (NACM), its Credit Managers Index (CMI) ticked higher. But there were other data points within this report that caught our eye…

U.S. Corn Futures Weekly Outlook: 2016 Deja Vu?

Corn Market – Weekly Highlights Below is a list of key happenings in the Corn market and a few concepts that traders should be aware of.  Further below is a section focusing on my price outlook for December Corn Futures… and why bulls need to start playing defense. Monday’s Weekly…

U.S. Corn Futures Trading Outlook: All Eyes On $3.50

Corn Market – Weekly Highlights Below is a list of key happenings in the Corn market and things that traders should keep their eye on.  Further below is a section dedicated to my price outlook for December Corn Futures… and why bulls need to hold $3.50 into September. Monday’s Weekly…

The Power Of Plastic: Credit Cards Boost Spending, Dog Savings

Credit Cards – Early Studies In 1986, a professor at Purdue University placed a group of study subjects at a variety of tables in a restaurant.  Some of the tables had Visa (NYSE:V) and MasterCard (NYSE:MA) logos, while some did not.  The subjects at the logo tables were found to…

U.S. Financial Markets Update: Uncertainty Creeps Back In

Optimists hope that government will eventually move on to tax reform, while pessimists worry that the Obamacare repeal-failure means tax reform is even less likely. Meanwhile, geopolitical concerns (here and abroad) are adding to market uncertainty for investors. Despite the worries, the economy continues to grow and add jobs. Below…

U.S. Corn Market Outlook: Yields Back On The Radar

U.S. CORN PRODUCTION REPORT SUMMARY AND MARKET REACTION On Thursday August 10, the USDA released its August 2017 Crop Production report and it was not without its share of surprises (and criticisms). The National Agricultural Statistics Service “NASS” offered its first state-by-state yield estimates for the 2017/18 U.S. corn crop….

Why A Recession May Be Right Around The Corner

An Indicator of Peril Thanks to Jesse Felder, we recently stumbled upon a measure of economic conditions that has reliably signaled every recession since 1948. The data point, Real Value Added, is currently in negative territory and may, therefore, be a harbinger of an economic downturn. If it is a…