Post Brexit British Pound (GBP) – Potential Rally Coming?

This is just a quick post on the British Pound. The vote to leave the EU was a surprise to everyone including the pound. The pound was immediately crushed with a 15% drop. This is a gigantic move for one day and most importantly it plummeted through an old 30+ year support line at 140. It is […]

Gold – Time To Take Profits?

Gold has been one of the best trades of the year, especially gold miners whose share prices have doubled, even tripled in price. However, it’s time to take a cautious approach towards gold now as it appears to be struggling a little. Hitting strong resistance The main trend is of course still bullish and it […]

The Epic Collapse of Deutsche Bank

By Visual Capitalist A TIMELINE SHOWING THE FALL OF ONE OF EUROPE’S MOST ICONIC FINANCIAL INSTITUTIONS The Chart of the Week is a weekly Visual Capitalist feature on Fridays. It’s been almost 10 years in the making, but the fate of one of Europe’s most important financial institutions appears to be sealed. After a hard-hitting […]

Bond Market Says Runs For Cover

It’s worth following the bond market as they tend to be a far more accurate indicator of the state of the economy compared to stocks. I have continually highlighted over the past year that bond markets worldwide have been sending strong warning signs. This is a quick update. In the chart below I have plotted […]

The Wealth Inequality Problem in One Chart

By Visual Capitalist The Wealth Inequality Problem in One Chart IT’S CLEAR THAT AMERICA’S FINANCIAL AND POLITICAL SYSTEMS ARE BROKEN It seems that people don’t agree on much these days, but there is one growing exception to that rule. Across the board, Americans are finding that the “system” isn’t working for most people in its […]

US Bank Stocks Lose The Wind In Their Sails

Just a quick post of the Dow Jones US Banks Index. Financials are an important component to the economy and we need to see strength here to back up a general stock market rally. Unfortunately, they are showing signs of pretty serious weakness. I prefer long term trends to filter out the noise. The chart below […]

UK Stocks Still In Long Term Downtrend

It’s been a while since I posted an update on the UK’s FTSE. I prefer to follow and review the long term trends as these overlook short-term volatile news. Unfortunately the long-term chart still look bad. Have investors been lulled into a false sense of security with the past 3 months rally? The key point […]

Student Loan Delinquencies are Sky High

SIMPLE ARITHMETIC SHOWS ONE OF THESE LOANS IS NOT LIKE THE OTHER What do you get when you combine skyrocketing tuition costs, a lack of growth in high-paying jobs, moral hazard, and America’s largest-ever generation of students? It’s a recipe for a mountain of $1.3 trillion in student loan debt – much of which is […]

The History of Money in America: From Beads to Virtual Currency

By JEFF DESJARDINS at Visual Capitalist The first settlers in Pre-Revolutionary America were faced with a problem. There was a shortage of money in the colonies, and England prohibited settlers from minting their own coinage. To get around this, settlers used established foreign currencies such Dutch guilders or the Spanish pieces of eight. They also […]

Vancouver Real Estate Mania

On January 29th, 2016, Vancouver went crazy. The story of a humble 86-year-old home in Vancouver’s Point Grey neighbourhood was widely circulated by national media outlets and became a lightning rod for local frustration with skyrocketing property values. The “knockdown”, with its rotting walls and $2.4 million asking price, perfectly underscored how crazy the region’s […]