on Apr 24, 2012 •
The Swiss team sticking to their medium term call of another wave down but near term they are calling for a multi week rally here this week. They like risk assets ie the CRB as well AUDUSD and believe a new high is to come for some EM indexes. Medium term they stick to their...
on Apr 17, 2012 •
The Swiss team assert that the bear is likely to push this lower and that a continuation to 1340 is the path of least resistance. They sight 1388 as a key level s&p500. Take note that on today’s sharp spike up we are back over 1388 as i type. If we do push on here...
on Apr 14, 2012 •
And a few more.. (On the latest, end of March Case Shiller US house prices adjusted for inflation using the official inflation nos, we are back to the year 2000 house prices. This chart shows the end of Feb index readings, official inflation adjusted).
on Apr 13, 2012 •
A wide ranging and therefore good report from WF today from their weekly international economic commentary. I therefore post it up for weekend reading. The quick summary, the data appears to be softening from Bejing to New York to London. I’m starting to get that all too familiar feeling of “deja vu” here and now....
on Apr 12, 2012 •
I’ve been making the case for global equities since the 2008/9 financial crisis. Developed world equities have come a long way, more than doubling, since the 2009 lows but does this make them expensive here? Not in my and many other’s opinion (inc GS’s as below). The same recent positive gains cannot be said for...
on Apr 10, 2012 •
The swiss team reconfirming their near term correction call and providing targets etc.. All the best Rich Weekly10-04
on Apr 4, 2012 •
The Swiss team unsurprisingly maintain their bearish short and medium term views. They expect a pro commodity pro risk rally in the aud and some commodities short term but sight this as only an opportunity to sell. The Eurostoxx50 looks very weak as well as the Shanghai and Audusd and many commodities. Here the report....