Reducing the Noise: In a world replete with worthless news stories and often malicious misinformation campaigns determining what information is relevant can be daunting. I believe the following stories offer significant insight into current equity/commodity/credit/FX market behavior:
Comex Physical Silver Drops To Fresh All Time Low Of 28.8 Million Ounces, 3% Drop Overnight, 30% Drop In Six Weekshttp://ow.ly/5c1tz
China official warns on “excessive” holdings of U.S. assets http://ow.ly/5bYyd
Fitch says that smooth sailing likely for U.S. Equity REITs for remainder of 2011
4% inflation for 10 years based on compounding cuts the value of the US$ in half. You don’t need hyperinflation to destroy the value of the US$
Chinese Economic Slowdown May Lead to 75% Plunge in Commodities, S&P Says http://ow.ly/59nXn. I Love stories like this; expect higher commodity prices.
May Non-Farm Payrolls 54K, Below Consensus Of 165,000, Unemployment Rate 9.1% http://ow.ly/59nG1