tag:blogger.com,1999:blog-56341268025836900372024-03-13T22:12:31.468-06:00Global Capital ReservesTrading blog for Global Capital Reserves. Technical analysis, grains specialty. Futures, commodities.S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comBlogger7073125tag:blogger.com,1999:blog-5634126802583690037.post-61590240393128150802022-08-10T18:50:00.001-06:002022-08-10T18:52:42.366-06:00Headline Today on Marketwatch -- Grocery Inflation Getting Worse! Unfortunately, although overall inflation was down modestly last month, grocery inflation is only getting WORSE! Despite this, stocks skyrocketed more than 500 points today! S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-13839645979031396462021-05-08T12:37:00.003-06:002021-05-08T12:37:31.988-06:00Food Hyperinflation Is Now Coupled With Dollar Devastation Unfortunately, we are seeing the soon arrival of both food price hyperinflation coupled with the destruction of the value of the US dollar, as depicted in these two charts. The first depicts the devaluation of the US Dollar over the past several weeks, and the second chart shows the latest update of the price of corn and other food commodities. S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-13505841713787486222021-05-04T14:22:00.001-06:002021-05-04T14:22:09.382-06:00Food Prices Continue to Skyrocket! This is today's chart showing the price of food commodities! S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-21270415283791639482021-04-23T13:12:00.002-06:002021-04-23T13:18:49.327-06:00Inflation and Food Costs Go Even Higher Yesterday, the price of corn futures rose limit up. "Limit up" is the most any commodity is allowed to move in a single day. But today, after moving modestly lower overnight, the price of corn (and other food commodities) rose and closed even higher. S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-67804972450701398482021-04-21T14:02:00.002-06:002021-04-21T14:02:56.836-06:00Food Inflation This Way Comes This is the price chart for corn over the past 9 months. This is typical for food commodities during the same period. Inflation is rapidly building! S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-64774585393250097142020-09-16T11:00:00.001-06:002020-09-16T11:00:47.306-06:00If Record High Stocks and a "Lost Decade" Aren't the Definition of a Bubble, What Is? This article this morning on Marketwatch includes an interview with Tony James of the Blackstone private equity group. In it, he mentions some consequences which may soon occur if Joe Biden is elected president just weeks from now. The article states that, "James said higher taxes and stepped-up regulation, which are expected
if former Vice President Joe Biden wins the White S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-21009805993211107042020-09-03T09:51:00.000-06:002020-09-03T09:51:01.794-06:00Dow Plunges 700-800 Points S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-10208159077070020482020-09-02T11:57:00.003-06:002020-09-02T15:25:06.321-06:00Stocks Soar 450 Points Even As US Debt Exceeds GDP It's hard to believe that this is news that would lead stocks to rally to a fresh new all-time record high, but it has. The Wall St Journal today has an article with the below headline:The Wall St Journal says that, "U.S. government debt is on track to exceed the size of the
economy for the 12 months ended Sept. 30, a milestone not hit since
World War II." The US is taking on a staggeringS Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-1779785053179072672020-09-01T12:12:00.001-06:002020-09-01T12:12:15.045-06:00Market Pros Expect a Crash? How Dare They! In an article on Marketwatch today, Mohamed El-Erian, Allianz’s chief economic adviser, explains that “...the seemingly endless rally… gives the impression that prices are
endorsed and supported by the entire professional investment community.... After all, "he continues, "despite the vocal concerns over valuations having
split away from underlying corporate and economic fundamentals, fewS Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-4100940457585934432020-08-24T08:50:00.001-06:002020-08-24T08:52:09.007-06:00Stocks Reach New Record Highs Even As Corporate Bankruptcies Soar Financial analyst Daniel Lacalle today shares the following insight:"One of the most alarming facts about this crisis is the pace at which
bankruptcies are rising. Despite an $11 trillion liquidity injection and
government aid in 2020, stocks and bonds at all-time highs and
sovereign as well as corporate yields at all-time lows, companies are
going bust at the fastest pace since the S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-48765795084226239772020-08-23T18:51:00.002-06:002020-08-23T18:51:47.568-06:00Are We At a "Dire Turning Point"? An article today on The Atlantic website asked an important and valid question. Are we reaching a "dire turning point" that could send the economy into collapse? S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-55173989800918059592020-08-21T13:10:00.001-06:002020-08-21T13:10:49.594-06:00Stock-Market "Disconnect" From Reality! The Wall Street Journal today has an article the suggests that the stock market is "disconnected" from reality. Despite this, the Dow is up 200 points and the S&P500 index is at a new all-time record high! This bubble just gets bigger and bigger.S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-33358152340211815062020-08-20T13:14:00.000-06:002020-08-20T13:14:12.981-06:00Stocks Rise Despite Dreadful Economic News! This headline on CNBC today seems to summarize well the risk! Ironically, stocks have been modestly HIGHER all day despite this news! First time claims for state unemployment benefits rose above 1 million again, a sign to some economists that the economy’s rebound could be decelerating.S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-2272494556019536002020-08-19T11:44:00.001-06:002020-08-19T11:44:19.933-06:00Jim Cramer Tells Us Not to Be Fooled By This Market! Jim Cramer told us today on Marketwatch not to be fooled by new market highs! He warns us that despite a new high for the S&P 500 index, the economy really isn't as strong as that new high would imply. "‘The S&P’s new highs are a tale told by an idiot, full of sound and
fury, signifying nothing about the hardship of millions of people on
food stamps, or the millions about to be S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-68300350403826246542020-08-18T13:52:00.001-06:002020-08-18T13:52:09.662-06:00 A Washington Post article today suggests that stocks are "divorced from reality" because the economy "trails behind" while stock hit new record highs. S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-9607036720588476952020-08-17T12:40:00.002-06:002020-08-20T13:18:16.715-06:00Stocks Rise... As Manufacturing Slumps S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-83712451327512349112020-08-16T16:42:00.002-06:002020-08-16T16:42:58.149-06:00Center for Disease Control Predicts "Worst Fall Ever"! S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-32858014531489267612020-08-16T15:24:00.001-06:002020-08-16T15:27:32.208-06:00Dow Has Best 100 Days While GDP Drops 32.9%! What? Someone needs to tell this market that it needs a dose of reality! In Q2, US GDP dropped 32.9%, but the stock market ROSE the most since 1933. S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-39286921119250334112020-08-16T15:10:00.002-06:002020-08-16T16:34:03.983-06:00Market Continues to Ignore Reality “Never before have I seen a market so highly valued in the face of overwhelming uncertainty,” says James Montier on Marketwatch today. S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-82559465969936230392020-08-03T16:57:00.004-06:002020-08-03T16:57:59.723-06:00Despite Covid19, Stocks Reach New HighsS Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-69070912459163160802020-07-30T11:58:00.000-06:002020-08-03T16:58:16.189-06:00Welfare or.... Collapse? An article on Marketwatch today suggests that Washington must ramp up still more stimulus spending, or... the economy and the stock market will "collapse":
S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-40228335872273637862020-07-17T14:27:00.000-06:002020-07-17T14:27:27.951-06:00This Stock Market Will Eat You!
I thought this was an interesting perspective today by MN Gordon at Economic Prism:
"At the moment, we struggle to find a time when the outlook for future stock market returns has ever been shoddier. Make of it what you will. Do what you want. Chase shares of Tesla higher, if that’s what makes you happy.
"Just recognize you’re merely drawing lots. This stock market willS Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-50295668133213892272020-07-13T14:10:00.000-06:002020-07-13T14:10:26.645-06:00Stocks Crash Into Red When Fed Hints At Less Money Creation
After being up more than 500 points today, the Dow and the S&P both crashed into the red today after the Fed hinted at an end to its "facilities" of creating new money. Wow!S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-51642728481060668512020-07-13T14:06:00.000-06:002020-07-13T14:06:16.187-06:00Stocks Rise 500+ On Horrible Economic NewsS Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.comtag:blogger.com,1999:blog-5634126802583690037.post-62248206345049082042020-07-02T20:14:00.000-06:002020-07-02T20:14:51.973-06:00Stocks Soar As Covid-19-Soars Also! Where's the Logic?
Now where's the logic in this headline? It doesn't make any sense!
There was some good jobs-related news today, but even that has been called into question. S Benardhttp://www.blogger.com/profile/13505057247204928237noreply@blogger.com