New Low Observer
90.9K posts

New Low Observer
@NewLowObserver
Dow Theory, Price, & Research Specialists. We're touching the financial & economic third rail, so you don't have to. 皆さんがそうしなくてもいいように、私たちは金融と経済の第三レールに触れています。

Scott Bessent on CNBC: “The market and the economy have become hooked, become addicted, to excessive government spending and there’s going to be a detox period.”





Bill Gross is short treasuries for a reason. “A single rate increase by the Federal Reserve in no way makes for a trend.” “...what initially seems ‘bizarre’ is only a natural change in regime, a change that we haven’t seen since the early 1940’s.” newlowobserver.com/2015/12/intere…




Exxon Mobil throws in the towel and announces it’s evaluating “to significantly reduce capital” spending in the near term. Among Big Oil, $XOM was running on a counter-cyclical spending spree | #OOTT #Coronavirus #OilPriceWar


"...as soon as a man starts protecting himself against it [inflation], as soon as he buys a house or a load of gold coins or a painting or a stamp collection-that man wants his inflation hedge to go up. He becomes (deep in his heart) an inflationist." -Richard Russell


1790-1852: Great Britain Bankruptcies A peak or new high in BKs is a good sign. In our chart of bankruptcies (BK), 7 out of ten peaks in BKs occurred at the trough in the economic cycle. This is how recoveries begin.


May 1920: Developed and Potential Petroleum Reserves












