In This Issue:
Warren Buffett's 'Desert-Island Indicator'
So what's the WBDII saying?
Doing the stock-crude-trade polka
Of bonds, stocks, commodities and the buck
What does it all mean for markets ahead?
Last month, we examined the four major global stock indexes with specific focus on the Chinese Shanghai Composite Index (SSE) to see what they might tell us about where U.S. stocks were headed. The SSE has just come off a 20+% correction and is again moving higher. We also explored the relationship between the carry trade and stocks with specific focus on the New Zealand dollar/Japanese yen cross (NZD-JPY) which led the SPX at the 2007 peak and off the March 2009 lows.
Filed under: intermarket relationships, China, high-priced stocks, Matt Blackman, Macro Market Monitor, Chinese stocks, housing stocks, Tradesystemguru.com, New Zealand dollar, Shanghai Composite, leading indicators, US dollar, gold, Japanese yen, Baltic Dry Index, Commodities, Railroads, Warren Buffett, Oil, Bonds, futures trading, forex trading