The British Pound Finds Fresh Support In The UK’s Economic About-Face

(This is an excerpt from an article I originally published on Seeking Alpha on September 7, 2016. Click here to read the entire piece.) The theme was consistent for the Markit economic indicators for August: the UK economy rebounded sharply and strongly from the initial post-Brexit blues. Almost across the board, measures of economic activity … Read more

Hate the Game, Not the Player? – Mylan Is Out of Tune Amid An Angry Chorus

(This is an excerpt from an article I originally published on Seeking Alpha on August 29, 2016. Click here to read the entire piece.) This is the message actress Sarah Jessica Parker posted on Instagram Thursday, August 25, 2016 to join a chorus of protest and complaint about the extremely high cost of the EpiPen® … Read more

The Market’s Not Buying A September Hike But Gold Is Still Topping

(This is an excerpt from an article I originally published on Seeking Alpha on August 28, 2016. Click here to read the entire piece.) Going into the Jackson Hole Economic Policy Symposium, various “Fed heads” were interviewed about the prospects for the next rate hike. The chorus in the days and weeks before Jackson Hole … Read more

Awaiting the Next Sell Signal As the S&P 500 Enters the Season’s “Danger Zone”

(This is an excerpt from an article I originally published on Seeking Alpha on August 8, 2016. Click here to read the entire piece.) Almost a year ago, I wrote about an interesting signal that tends to accompany a significant top in the S&P 500 (SPY) – “significant” meaning preceding a sell-off of 10% or … Read more

Housing Market Review – Slowing Data and A Fed-Related Overhang Mute Strong Sentiment (September, 2016)

The last Housing Market Review covered data reported in August for July, 2016. New home sales soaring to a fresh post-recession high made the big headline even as sentiment among home builders remained essentially flatline for the year. This time around, new home sales cooled off month-over-month as builder sentiment finally showed life with a … Read more