Found 138 search results for keyword: label/Great Graphic

Great Graphic: Treasury Holdings

The combination of a falling dollar and rising US interest rates has sparked a concern never far from the surface about the foreign demand for US Treasuries. Moreover, as the Fed's balance sheet shrinks, investors will have to step up their purchases.

Read More »

Great Graphic: Euro Monthly

The euro peaked in July 2008 near $1.6040. It was a record. The euro has trended choppily lower through the end of 2016 as this Great Graphic, created on Bloomberg, illustrates. We drew in the downtrend line on the month bar chart. The trend line comes in a little below $1.27 now and is falling at about a quarter cent a week, and comes in near $1.26 at the end of February.

Read More »

Great Graphic: Progress

The world looks like a mess. While the economy appears to be doing better, disparity of wealth and income has grown. Debt levels are rising. Protectionism appears on the rise. Global flash points, like Korea, Middle East, Pakistan, Venezuela are unaddressed. At the same time, this Great Graphic tweeted by @DinaPomeranz, with a hat tip to @bill_easterly is a helpful corrective.

Read More »

Great Graphic: Sterling Toys with Three-Year Downtrend Line

Sterling is the second major currency this year after the euro (and its shadow the Danish krone). The downtrend line from mid-2014 is fraying. Is this the breakout?

Read More »

Great Graphic: Euro Pushes below November Uptrend

Euro is lower for the third day, the longest downdraft in a month and a half. It violated the November uptrend. It is testing the $1.1800 area, which houses a few technical levels (retracement, moving average and congestion).

Read More »

Great Graphic: US 2-year Yield Rises Above Australia for First Time since 2000

The US and Australian two-year interest rates have diverged. There is scope for a further widening of the spread. Directionally the correlation between the exchange rate and the rate differentials is strong, but not stable. Near-term technicals are supportive but the move above trendline resistance is needed to confirm.

Read More »

Great Graphic: Is that a Potential Head and Shoulders Pattern in the Euro?

The euro is breaking out to the upside. The measuring objective is near $1.2150, which is near the 50% retracement of the euro's drop from the mid-2014 high. Key caveat: It is about the upper Bollinger Band and rate differentials make it the most expensive to hold since the late 1990s.

Read More »

Great Graphic: Euro Approaching Key Test

Euro is testing trendline and retracement objective and 100-day moving average. Technical indicators on daily bar charts warn of upside risk. Two-year rate differentials make it expensive to be long euros vs. US. Beware of small samples that may exaggerate seasonality.

Read More »

Great Graphic: The Euro’s Complicated Top

Euro looks like it is carving out a top. The importance also lies in identifying levels that the bearish view may be wrong. Widening rate differentials, a likely later peak in divergence than previously anticipated, and one-sided market positioning lend support to the bearish view.

Read More »

Great Graphic: Potential Head and Shoulders Bottom in the Dollar Index

This Great Graphic was composed on Bloomberg. t shows the recent price action of the Dollar Index. There seems to be a head and shoulders bottoming pattern that has been traced out over the last few weeks. The right shoulder was carved last week, and today, the Dollar Index is pushing through the neckline, which is found by connecting the bounces after the shoulders were formed.

Read More »

Great Graphic: Young American Adults Living at Home

This Great Graphic caught our eye (h/t to Gregor Samsa @macromon). It comes from the US Census Department, and shows, by state, the percentage of young American adults (18-34 year-olds).The top map is a snap shot of from 2005. A little more than a quarter of this cohort lived at home. A decade later, and on the other side of the Great Financial Crisis, the percentage has risen to a little more than a third.  

Read More »

Great Graphic: Home Ownership and Measuring Inflation

Home ownership varies throughout the EU but is overall near US levels. Germany has the lowest home ownership, and Spain has the most.  Italy has the least amount of mortgages. US include owner equivalent rents in CPI, the EU does not.

Read More »

Great Graphic: Small Caps and the Trump Trade

The Russell 2000, which tracks the 2000 smallest companies in the Russell 3000, is threatening to turn positive for the year. It had turned negative in the second half of last week. Many pundits saw its decline and the penetration of the 200-day moving average for the first time in over a year as a sign of an impending down move in the broader equity market.

Read More »

Great Graphic: Italy-It is Not Just about Legacy

A little while back I was part of a small exchange of views on twitter. It was about Italy. I was arguing against a claim that Italy's woes are all about its past fiscal excesses. It is not just about about Italy's legacy.

Read More »

Great Graphic: CRB Index Hits 2017 Down Trendline

The CRB Index gapped higher today and it follows a gap higher opening on Tuesday, which has not been filled. Today's gains lift the commodity index to a trendline drawn off the January and February highs and catches the high from late May. It intersects today near 181.35 and the high has been a little over 181.17.

Read More »

Great Graphic: What Is the Swiss Franc Telling Us?

Swiss franc weakness is a function of the demand for euros. SNB indicates it will lag behind the other major central banks in normalization process. Easing of political anxiety in Europe is also negative for the franc.

Read More »

Great Graphic: Dollar Index Bottoming?

The Dollar Index set the year's high on January 3 a little above 103.20. Today it made a marginal new lows for the year at 95.464. The previous low, set at the end of last month was 95.47.

Read More »

Great Graphic: Aussie is Approaching 15-month Trendline

This Great Graphic, made on Bloomberg, depicts the Australian dollar since April 2016. We drew in the trendline from that April high, through the November high and the March 2017 high. It nearly catches last month's high as well. It comes in now near $0.7725.

Read More »

Great Graphic: Dollar Breaks Out Against Yen

The dollar is at new lows for the year against the euro and Swiss franc. Draghi's comments earlier that transitory forces are dampening price pressures were seen as broadly similar to the Fed's leadership's assessment about US prices. The implication is that the ECB will announce tapering its purchases as it extends them into next year.

Read More »

Great Graphic: US Wage Growth Exceeds Productivity Growth

One of the longstanding challenges to growth US aggregate demand has been that wages have not kept pace with inflation and productivity.  The decoupling appears to have taken place in the late 1960s or early 1970s depending on exactly which metric one uses.In my book, the Political Economy of Tomorrow, I argue the decoupling of men's wages from productivity and inflation made it possible and necessary for women to enter the workforce in large...

Read More »
Page 112345...Last »