A major warning flag is waving as this continues to collapse.
This Continues To Collapse
April 4 (King World News) – Here is the latest from Peter Boockvar as the world awaits the next round of monetary madness: We’ve talked a lot about the differing messages that bond and stock markets have been sending about the economy and outlook. Maybe it’s just as simple as the bond market curve flattening is just reflecting the current slowdown that is clearly upon us while the stock market is just believing it’s temporary and a rebound in growth will occur in coming quarters…
KWN receives so many emails from its global readers and listeners about which high-quality mining companies they should invest in, and as a result we have added another remarkable company to the list. This is one of the greatest gold opportunities in U.S. history and you can take a look at this remarkable company and listen to the just-released fantastic interview with the man who runs it by CLICKING HERE OR BELOW
Quantifying the extent of the economic data disappointments in the US, the US Citi Surprise index fell yesterday to the lowest level since July 2017 (see chart below).
U.S. Citi Surprise Index Continues To Collapse
For all major economies, it’s getting close to the weakest since 2012 (see chart below).
Citi Surprise Index For Major Economies
Weakest Since 2012
In contrast, the economically sensitive, internationally exposed US semiconductor index closed at a record high yesterday. Interesting times (see chart below).
VERY STRANGE: Semiconductor Index
Hits All-Time High
Legend Art Cashin had this to say about Boockvar’s note on semiconductors hitting all-time highs:
As the King of Siam supposedly said – “It is a puzzlement”.
Cashin also noted:
Three Fed speakers may produce a headline or two.
Trump due to meet with Chinese Vice Premier in early afternoon. Watch out for tweets. Stick with the drill – stay wary, alert and very, very nimble.
***KWN has released the powerful audio interview with Andrew Maguire and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***Also just released: Short Seller Just Warned, “This Is Actually Far Crazier” CLICK HERE TO READ.
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