An alert sent of mine brought to my attention that this October is going to be Fibonacci 987 months off the 1932 low. Wow! That is bigger than the 2007 pivot I told you about seven months ahead of time.
The crash in grains from the spring highs is a consequence of planting too many acres when set against perfect El Nino weather. Over the next 45 to 60 days the market will assuredly imagine the most bearish over supply situation possible.
The 2014 World Cup is going to be bigger than ever -- it's shaping up to be the most watched, most lucrative and expensive tournament in soccer history -- it's also going to be one of the biggest energy-consuming, greenhouse gas-spewing World Cups in history.
It’s impossible to have full blown prosperity in an era where fast food workers stage a world strike. That’s why we can’t party like its 1999. We would need the kids at McDonalds to fire up their laptops and start trading Facebook.
Data showed that the U.S. economy contracted by 1% during the first quarter of the year. Consumer spending declined in April, the first decline in a year even though disposable income rose. The overall economic picture remains bleak.