October 18, 2019 By Steve Blumenthal “If we pay attention to cycles, we can come out ahead. If we study past cycles, understand their origins and import, and keep alert for the next one, we don’t have to reinvent the wheel in order to understand every investment environment anew. And we have [...]Read More >

By Steve Blumenthal October 16, 2019 S&P 500 Index -- 2,990 Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators.  Market trends persist over time and stem from changes in risk [...]Read More >

October 11, 2019 By Steve Blumenthal “I believe that we are on a classic journey that we haven’t seen in our lifetimes but has happened many times before, most recently in the late 1930’s. It is being driven by the same big forces that drove the dynamics in the late 1930’s. In particular, now, [...]Read More >

By Steve Blumenthal October 9, 2019 S&P 500 Index -- 2,914 Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators.  Market trends persist over time and stem from changes in risk [...]Read More >

October 4, 2019 By Steve Blumenthal “ There's a way to do it better - find it."    - Thomas Edison " It's kind of fun to do the impossible."   - Walt Disney Fresh signs of a global economic slowdown have driven equity markets lower this week and driven expectations for a Fed rate cut higher.  [...]Read More >

By Steve Blumenthal October 2, 2019 S&P 500 Index -- 2,924 Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators.  Market trends persist over time and stem from changes in risk [...]Read More >

September 27, 2019 By Steve Blumenthal “When I look at markets, I first start to create a long-term big picture. I look at structural trends in economics, in demographics, in politics, etc. etc. And then I try to analyze the business cycle and were we sit in the cycle.” – Felix [...]Read More >

By Steve Blumenthal September 25, 2019 S&P 500 Index -- 2,968 Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators.  Market trends persist over time and stem from changes in risk [...]Read More >

September 20, 2019 By Steve Blumenthal “I’m not saying that the past is prologue in an identical way. What I am saying that the basic cause/effect relationships are analogous: a) approaching the ends of the short-term and long-term debt cycles, while b) the internal politics is driven by large [...]Read More >

By Steve Blumenthal September 18, 2019 S&P 500 Index -- 2,984 Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators.  Market trends persist over time and stem from changes in risk [...]Read More >

September 13, 2019 By Steve Blumenthal “…nothing is new under the sun. Almost everything we see happened before at some point in human history, though of course with different details and magnitude. So we can’t throw out precedent completely. Well, except for negative interest rates. That really [...]Read More >

By Steve Blumenthal September 11, 2019 S&P 500 Index -- 2,981 Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators.  Market trends persist over time and stem from changes in risk [...]Read More >

September 6, 2019 By Steve Blumenthal “To refer to a personal taste of mine, I’m going to buy hamburgers the rest of my life. When hamburgers go down in price, we sing the ‘Hallelujah Chorus’ in the Buffett household. When hamburgers go up in price, we weep. For most people, it’s the same with [...]Read More >

By Steve Blumenthal September 4, 2019 S&P 500 Index -- 2,924 Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators.  Market trends persist over time and stem from changes in risk [...]Read More >

August 30, 2019 By Steve Blumenthal “We advise the U.S. side not to underestimate the Chinese side’s ability to safeguard its development rights and interests. Don’t say we didn’t warn you!” – Commentary in the People’s Daily, the official newspaper of the Communist Party of China May 29, [...]Read More >