The most apparent of the twin fears now is deflation.
Commodity prices continue their descent and www.amuamu.eu that’s what the headlines scream.
There it starts with oil prices and moves on from there.
A more curious effect is what’s happening with rental costs which are spiraling in money center American cities. There was an excellent article today posted by Zero Hedge, authored by Chares Hugh-Smith of Of Two Minds. One serious inflationary issue not addressed is the http://www.stel.it/buy-levitra-soft same reinforcing bubbles in tuition costs fed higher by student loans. These, one more apparent (deflation) while the other (inflation) is more hidden but both combine to render common government data useless.
Deflation’s impact was more dominant Monday driving stock markets lower. Heavyweight Apple (AAPL) was sharply lower, challenging important support levels. Much of help viagra price in canada this is due to economic weakness, including a boom/bust in stock markets there, reducing the demand for the company’s products.
Economic data included uninspiring manufacturing data with the ISM Mfg Index declining to 52.7 vs 53.7 expected & prior 53.5; PMI Manufacturer Index was flat at 53.8 vs 53.8 expected & prior 53.6; Personal Income was flat at 0.4% vs 0.3% expected & prior 0.4%; Personal Spending fell to 0.2% vs 0.3% expected % prior 0.4%.
Leading market sectors higher included: Volatility (VIX), Utilities (XLU), Germany (EWG), Natural Gas (UNG), REITs (IYR) and Bonds (TLT).
Leading market sectors lower included: Everything else.
The top 20 market movers by percentage change in volume whether rising or falling is available daily.
Volume increased on selling while breadth per the WSJ was negative. Money Flow (below) was quite negative.
Please forgive the short view Monday as this week we’re moving our office and so forth with movers and the like.
It’s not surprising TPTB don’t wish to discuss the important bubbles within the just try! U.S., it would embarrass them.
Let’s see what happens.
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Dave Fry is founder and publisher of ETF Digest and has been covering U.S. and global ETFs since 2001. ETF Digest was named one of the most informative ETF websites in the 10th Annual Global ETF Awards.
Disclaimer: The charts and comments are only the author's view of market activity and aren't recommendations to buy or sell only any security. Market sectors and related ETF's are selected based on his opinion as to their importance in providing the viewer a comprehensive summary of http://templesinaivt.org/canada-viagra-online market conditions for the featured period. Chart annotation's aren't predictive of any future market action rather they only demonstrate the author's opinion as to a range of possibilities going forward. More detailed information, including actionable alerts, are available to subscribers at www.etfdigest.com
|WTI Crude Futr||45.30||-1.82||-3.86 %||17:14|
|US Dollar||97.60||0.00||0.00 %||17:00|
|Brazil||1440.707||0.85 %||-12.29 %||-21.37 %|
|Russia||472.224||-0.01 %||-7.92 %||16.62 %|
|India||508.162||1.24 %||1.47 %||2.37 %|
|China||66.249||0.40 %||-10.93 %||0.32 %|