Carney Delivers A Buying Opportunity in the British Pound With Talk Of “Evolving Guidance”

(This is an excerpt from an article I originally published on Seeking Alpha on January 27, 2014. Click here to read the entire piece.) “Escape velocity won’t come cheap.” – Mark Carney, Governor of the Bank of England (BoE), January 24, 2014 This was Governor Carney’s warning to the audience at the Davos CBI British … Read more

Increasing Unemployment, Decreasing Commodity Prices Portend Jawboning By the Reserve Bank of Australia

(This is an excerpt from an article I originally published on Seeking Alpha on February 13, 2014. Click here to read the entire piece.) So much for a trough in unemployment in Australia. The Australian Bureau of Statistics (ABS) produced another poor employment report. In January, Australia lost another 3,700 jobs, and the number of … Read more

January Jobs Report Positives: Residential Construction Momentum and the Participation Rate

(This is an excerpt from an article I originally published on Seeking Alpha on Feb 10, 2014. Click here to read the entire piece.) The U.S. non-farm labor report for January, 2014 seemed to get universal disapproval. Yet, the stock market soared in response anyway. The bearish tidings that began last week week have almost … Read more

What the Homebuilders Said to Close Out 2013: All Eyes On the 2014 Spring Selling Season

(This is an excerpt from an article I originally published on Seeking Alpha on January 6, 2014. Click here to read the entire piece.) {snip} The above quote pretty much sums up the attitude of homebuilders (ITB) going into 2014. It sounds like a classic sales pitch from a real estate agent, but the evidence … Read more

U.S. Jobs Report Pushes Australian Dollar Into Target, Australian Jobs Up Next

(This is an excerpt from an article I originally published on Seeking Alpha on January 13, 2014. Click here to read the entire piece.) I started this year with a bullish bias on the Australian dollar (FXA) with a short-term target set at the 50-day moving average (DMA) (see Australian Dollar Starts The Year With … Read more