by Gary Gordon | Feb 20, 2020
It happened in 1990. It happened in 2000. It happened in 2008. Each time that the New York Fed’s Recession Probability Model cracked 30%, economic contraction occurred shortly thereafter.
by Gary Gordon | Feb 18, 2020
The Bloomberg U.S. Startups Barometer is a weekly indicator that tracks the well-being of the environment for private tech companies. The index peaked at 1545.32 on June 24, 2019. On February 10, 2020 it fell to 833.74. The Bloomberg Startups Barometer may only be...
by Gary Gordon | Feb 16, 2020
Proof positive that the Fed manipulation of rate policy has done little for the typical American. Workers must put in nearly 130 hours to afford a single share of the S&P 500. Why is that significant? It’s approximately 3x more than it was just 10 years ago. In a...
by Gary Gordon | Feb 14, 2020
A near-record stretch of calm has ignited options traders’ desire to buy speculative call options. Over the past 6 weeks, they’ve bought (to open) 70 million more contracts than they’ve sold (to close). According to Sentiment Trader’s data, there has never been...
by Gary Gordon | Feb 12, 2020
This week, the yield on an index of double-B U.S. corporate bonds (junk) hit a record low of 3.47%. The vexatious combination of historically low yields and disturbingly weak credit protection on junk debt is a humongous warning sign. ...
