Daily Reading – Monday, September 19, 2011
FT Alphaville: Breaking on FedWire…
This is getting ridiculous.
At this rate there won’t be any point logging on to read the FOMC minutes on Wednesday evening. FedWire, the unofficial/official news service of the Federal Reserve, has done such a comprehensive briefing the market on what to expect that there can’t possibly be any surprises… can there?
FT Alphaville: Chinese decoupling, meet Chinese stagflation
This China decoupling thing was never really going to take off, was it?
Jesse’s Café Américain: A Closer Look at the Gold Continuation Triangle, and the Coming Breakout to 2100
The Gold Daily and Silver Weekly charts are growing rather large since the key breakouts that mark this leg of their bull markets. It does give the big picture, but it could make things a little more difficult to see for the short term movements. Here is a closer look at daily gold.
npr: U.S. Skating On Thin Ice
Last year economist Lakshman Achuthan said he thought the United States had emerged from the depths of a recession, but today the picture looks a bit more grim. Unemployment is hovering above 9 percent and there were no new jobs created in August. On top of that, consumer confidence is at its second-lowest level of the year.Kate Milford /ECRILakshman Achuthan is managing director of the Economic Cycle Research Institute.
“We are skating on very thin ice,” Achuthan tells Guy Raz, host of weekends on All Things Considered.
The Slope Of Hope: Very Interesting NASDAQ 100 Analog
I have integrated the present $NDX chart (shown floating the lower portion) with the same chart from 2008. There are some very intriguing parallels here.