The Traderszone Network

When President Mugabe’s party, ZANU-PF, regained control in 2013, economic instability ensued and government spending surged along with public debt. With the central bank’s inability to finance the government (read: print Zim dollars), Zimbabwe resorted to monetary trickery and mischief.

My trend-following models are all green, across all four time frames and market breadth at month-end.  However, even as the Dow 30 made new highs over the past few days, other key indexes declined, and one has to watch if this divergence persists, because looking at all the positive July returns in the SPX since 1950, there is only a 24% chance that both August and September will be positive.

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My trend-following models are all green, across all four time frames and market breadth at month-end.  However, even as the Dow 30 made new highs over the past few days, other key indexes declined, and one has to watch if this divergence persists, because looking at all the positive July returns in the SPX since 1950, there is only a 24% chance that both August and September will be positive.

read more

This is the first reading for April to June GDP, the ‘advance’
– Consensus expectations are for 0.6% q/q (sa) and 2.1% y/y
– Previously (i.e. for Q1) GDP was 0.6% q/q and 1.9% y/y

This is the first reading for April to June GDP, the ‘advance’
– Consensus expectations are for 0.6% q/q (sa) and 2.1% y/y
– Previously (i.e. for Q1) GDP was 0.6% q/q and 1.9% y/y

The abrupt dismissal of White House communications director Anthony Scaramucci may be linked to the financier’s China dealings, one expert said.

The abrupt dismissal of White House communications director Anthony Scaramucci may be linked to the financier’s China dealings, one expert said.