Tag Archive: JP Morgan

Thoughtful Disagreement with Ted Butler

Too Big to Fail? Dear Mr. Butler, in your article of 2 October, entitled Thoughtful Disagreement, you say: “Someone will come up with the thoughtful disagreement that makes the body of my premise invalid or the price of silver will validate the premise by exploding.” Ted Butler – we first became aware of Mr. Butler in 1998, and as far as we know, he has been making the bullish case for silver ever since.

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Prepare for Another Market Face Pounding

“Better than Goldilocks” “Markets make opinions,” goes the old Wall Street adage.  Indeed, this sounds like a nifty thing to say.  But what does it really mean? Perhaps this means that after a long period of rising stocks prices otherwise intelligent people conceive of clever explanations for why the good times will carry on.  Moreover, if the market goes up for long enough, the opinions become so engrained they seek to explain why stock prices...

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Bank of England releases new data on its gold vault holdings

An article in February on BullionStar’s website titled “A Chink of Light into London’s Gold Vaults?” discussed an upcoming development in the London Gold Market, namely that both the Bank of England (BoE) and the commercial gold vault providers in London planned to begin publishing regular data on the quantity of physical gold actually stored in their gold vaults.

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Global PMIs Contracting More – Are Stocks Overvalued?

updated August 05,2012 We publish a detailed analysis of global PMIs and compare them with the main risk indicators S&P500, Copper, Brent and AUD/USD some days after most PMIs came out. Abstract: Thanks to positive US consumer confidence, stock markets are highly valued, whereas the Purchasing Manager Indices (PMIs) for the manufacturing industry are contracting …

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Global Macro with all Global PMIs July 4th

updated July 4,2012 This page inside our macro data menu contains global PMIs  compared with the main risk indicators S&P500, Copper, Brent and AUD/USD as of the day after most PMIs came out. JP Morgan’s Global PMI:  Click for details inside the table, History of composite PMI  

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JP Morgan: Reflections on negative interest rates in Switzerland

Negative interest rates naturally attract attention given Switzerland’s use of these between 1972-1978.

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