Two things I find very interesting are housing and interest rates, which are intertwined. This is definitely one of the things we need to keep an eye on. Folks, this is why I am bearish interest rates and bearish bonds. I think we are going to see interest rates increase and the price of bonds [...]
Today, Europe is a headline I want to cover. All you have to do is look at the charts these past few months. Even prior to expiration, you saw a different market in the morning and a different market in the afternoon. I was speaking to people in Iowa about this. These people spoke in [...]
Folks, as you may have noticed, The Jack B. Show took a hiatus last month. We’ve retooled some things, made some great additions to the program and I’m proud to say we’re back with a new and improved daily podcast, which you can get on iTunes and right here at TheJackBShow.com. I’d like to take [...]
Folks, I mentioned yesterday how the PPI came out a little hotter than expected, and that I wanted to see today’s CPI come out in line with it. That turned out to be the case. When you subtract the core, producer prices increased .2% in September, while consumer prices rose .3%. That tells me that [...]
Folks, after nine straight sessions of gains and an 11% move in the S&P, the markets are in the red this morning on news from—you guessed it—Europe. Germany once again lowered expectations on finding an end to the European Union’s debt crisis, saying that a summit of European finance leaders wouldn’t be likely to produce [...]
Folks, I told you earlier this week how I was very interested in those inflation numbers coming out of China. Well, that number came out exactly where we wanted it to. For September, CPI in China was 6.1% and PPI was 6.5%. Some of you might be saying, Jack, 6+% inflation—that still seems high. And [...]
Folks, I love it when we start out a week in the green. Though we may find out that the markets are a little illiquid today due to the Columbus Day holiday, everything is on fire early in the session. If you’re looking for the reason behind this bounce, look no further than Europe. Although [...]
Folks, yesterday, Jim Cramer interviewed Treasury Secretary Tim Geithner on CNBC. I probably don’t need to remind you that I think Mr. Geithner is a little long in the tooth as far as that position is concerned, but he said something very important that I wanted to make sure you all caught: there is no [...]
Folks, as you may have heard, there was some good news out of Germany earlier today. Chancellor Angela Merkel approved giving new power to the European bailout fund—what they’re calling the European Financial Stability Facility. It still has to get through parliament, but it’s a baby step. This measure certainly isn’t going to end the [...]
Folks, Chicago Fed President Charles Evans made an appearance on CNBC this morning, and what he said was very interesting. Essentially, Evans told us that he’s nervous about economic recovery, about the lack of job creation and about sluggish housing. Without saying that the Fed is going to continue to force-feed us inflation, he said [...]