Chris Puplava's picture

Soft helicopter money in Japan, relaxed austerity in Europe, expanded monetary stimulus by the Bank of England in reaction to the Brexit vote, and a US Fed on hold has propelled US markets to record highs. With the S&P 500 moving well past 2,100 and the Dow Jones Industrial...

Tom McClellan's picture

I like to watch the data on the number of shares outstanding in certain select ETFs, and one of the best for this purpose is the biggest one, SPY. It tracks the SP500, and it currently has $196 billion invested in it. So it is a big deal.

Adrian Ash's picture

Gold investment prices rose from 3-week lows but struggled to hold gains versus major currencies on Thursday as world stock markets retreated from new all-time highs amid news that neither Japan nor the Eurozone plan to add more....

Urban Carmel's picture

Since February, US equities have risen nearly 20%. Equities outside the US have risen 12%. A tailwind for this rally has been the bearish positioning of investors, with fund managers' cash in February at the highest level

Clif Droke's picture

One of America’s most prominent hedge fund managers is betting the farm that China’s economic troubles are far from over. His bet centers around the US dollar and by extension several Asian currencies. What happens to...

Michael Shedlock's picture

In a recent GMO commentary on Immigration and Brexit, founder Jeremy Grantham laid out precise reasons why Brexit was a mathematical certainty eventually. Curiously, Grantham thinks Brexit was a bad idea. On the second sentence...

Adrian Ash's picture

Gold prices fell to 2-week lows against all major currencies bar the Japanese Yen in London trade Thursday as the Bank of England surprised the markets by holding UK interest rates and its QE bond-buying scheme unchanged in...

Tom McClellan's picture

If you want to have a recipe for a sustainable bull market, the best ingredient to start with is “gobs of breadth”. Strong A-D data is a sign of plentiful liquidity. The stock market can encounter other types of problems, but if liquidity is strong...

Clif Droke's picture

Among the biggest relative strength leaders in the US broad market right now are the home builders and REITs. The US real estate sector is heating up and is also beginning to attract “hot money” inflows from foreign investors looking...

Charles Hugh Smith's picture

The possibility that Japan might launch helicopter money stimulus sent global stock markets soaring in a paroxysm of pleasurable anticipation. But exactly what is helicopter money and what connection does it have to stock valuations, if any?

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