Once again, US 10-Year Treasury yields are approaching 60-year historical lows set in mid-2012 and mid-2016, as shown on the following monthly chart.
US 10-Year Treasury Yields Near 60-Year Lows
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
What Does Dr. Copper Signal For Global Markets?
The following monthly chart of Copper shows that price is hovering above the apex of a very large long-term triangle.
Since early 2018, it hasn’t been able to break out above the upper edge of this triangle, confirming the weakness that we’ve been seeing in global markets, to date. My last article summarizes this weakness in a nutshell.
I’ve shown the Rate-of-Change (ROC) and Average True Range (ATR) indicators in histogram format with an input value of one period. I’d watch for a series of larger spikes on each to signal, either serious and sustained buying, or a plunge to further lows (as another gauge to track global market strength/weakness). Otherwise, continued smaller spikes would accompany more range-bound, tepid trading in Copper, as well as global markets, in general.
(more…)World Market Weakness & Negative Yielding Debt
The following 1-year daily charts of major world markets show that some of them have broken below their mid-year lows, while others are close to a retest.
Trade War Battles Escalate As The Alligator Bites
My post of July 14 discussed the trade war between China and the US and the effects it was having on China, in particular. Since that date, I added several important updates on that post, which are definitely worth reading…the latest one was earlier today (Monday).
The following World Stock Markets heat map shows the major losses incurred by world markets at their respective closes today…not a pretty picture.
(more…)Market Battle Fatigue: China Versus USA
There have been numerous reports of an economic slowdown (and even contraction in some sectors) in China, one of which describes those in detail at ZeroHedge. While some of China’s difficulties may have been exacerbated by a fairly recent trade war with the U.S., it certainly didn’t start them…other factors were already in play and bear responsibility for its inception, as explained therein.
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