Macro Charts

Monday, May 30, 2016

Did They Do it Again?

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I waited a few months to post this. The Economist Magazine famously called the bottom (by accident) for oil back in 1999 when they predic...

The Saudi Marie-Antoinette

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Marie-Antoinette, the wife  of France's King Louis XVI, heartlessly responded upon learning that the French population had no brea...
Saturday, May 28, 2016

Treasury Budget and Recessions

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I once again forgot where I saved this chart.  The idea is a little counterintuitive, however, it becomes clearer when we realize how ...

Oil and Equities Have Been Correlated

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The CME Group has an excellent piece  on this years correlation on US Equities and Oil prices. If this correlation continues and my foreca...

Why Oil Prices Should Rise

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US Global Funds put together the first three charts. Most of the increase in global oil production since 2004 has come from high cost prod...

Careful When Reviewing Charts

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I will not reference or pick on the service that made this chart, but do you see what they left out to make their point? Eisenhower is ...

Oil Elliot Wave Count

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EWT is not my strong suit and the count is not mine but from Breakpoint Trades . The count suggests a new bull could have started or is c...
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