It Has to Go Somewhere

It Has to Go Somewhere

  The famous investor Stanley Druckenmiller once quipped that what really moves the market is liquidity, or the availability of cash, rather than earnings or other traditional factors. Whether that is true or not could be debated, but it does make sense that if...
Global Yield Curve

Global Yield Curve

  Let’s take a look at this week’s featured indicator, the global yield curve, and how we use it to figure out whether it’s better to invest in bonds or stick with cash. This indicator’s primary metric is something called the Global Yield Curve Composite....
Recession Probabilities

Recession Probabilities

  A Recession, or a sustained slowdown in economic growth, is one of the worst things that can happen to the stock market. The problem? Recessions are hard to predict. Hard, but not impossible. We can still get close by assigning a probability to a recession...
Hot Commodities

Hot Commodities

  Commodities have been on fire lately. In particular, we’ve seen raw materials like copper, oil, and gold do really well. What’s going on? Well, it appears investors are betting that strong economic growth around the world will continue to boost global demand...
LEXI Alert

LEXI Alert

  This week’s indicator is sort of like a tornado siren for the stock market. It produces an alert when market conditions get risky. But unlike a tornado siren, it also gives an alert when conditions get less risky. We call it the Long Exposure Risk Index—or...