Saturday, November 19, 2011

Market Data: Week Ending November 18, 2011


Market Index 12/31  Close 11/18  Close Week Change Simple YTD %
Dow Industrials Avg 11,577.50 11,767.00 -2.85% 1.64%
S&P 500 1,257.64 1,213.90 -3.78% -3.48%
Fed Funds Rate 0.10% 0.08% 0.01% -20.00%
10 yr T-note Yld 3.29% 2.01% -0.05% -38.91%
5 yr T-note Yld 2.01% 0.92% 0.01% -54.23%
5 yr TIPS - 'Real' Yld -0.06% -0.83% 0.25% -1283.33%
Implied 5 yr Inflation % 2.07% 1.75% -0.24% -15.46%
2 yr T-note Yld 0.59% 0.28% 0.05% -52.54%
2-10 Yr Slope 2.70% 1.73% -0.10% -35.93%
90 day T-bill Yld 0.12% 0.00% 0.00% -100.00%
Gold ($/oz) $1,421.40 $1,725.10 -$63.00 21.37%
WTI Oil ($/brl) $91.38 $97.67 -$1.32 6.88%
VIX "Worry Index" 17.75 32 1.96 80.28%





Credit Spreads 12/31  Close 11/18  Close Week Change Simple YTD %
Inv Grade Credit Idx 4.78% 4.72% 0.14% -1.26%
Low Grade Credit Idx 8.32% 8.06% 0.24% -3.12%
Markit CDX Inv Grd Idx 85 136 4.62% 60.00%
Markit CDX Mid Grd Idx 131 243 8.97% 85.50%
Low Grade to 10 yr T-Note Spread 503 605 29 20.28%

Friday, November 11, 2011

Market Data: Week Ending November 11, 2011


Market Index 12/31  Close 11/11  Close Week Change Simple YTD %
Dow Industrials Avg 11,577.50 12,112.00 1.07% 4.62%
S&P 500 1,257.64 1,261.60 0.67% 0.31%
Fed Funds Rate 0.10% 0.07% 0.00% -30.00%
10 yr T-note Yld 3.29% 2.06% 0.03% -37.39%
5 yr T-note Yld 2.01% 0.91% 0.04% -54.73%
5 yr TIPS - 'Real' Yld -0.06% -1.08% 0.04% -1700.00%
Implied 5 yr Inflation % 2.07% 1.99% 0.00% -3.86%
2 yr T-note Yld 0.59% 0.23% 0.01% -61.02%
2-10 Yr Slope 2.70% 1.83% 0.02% -32.22%
90 day T-bill Yld 0.12% 0.00% -0.03% -100.00%
Gold ($/oz) $1,421.40 $1,788.10 $32.00 25.80%
WTI Oil ($/brl) $91.38 $98.99 $4.73 8.33%
VIX "Worry Index" 17.75 30.04 -0.12 69.24%





Credit Spreads 12/31  Close 11/11  Close Week Change Simple YTD %
Inv Grade Credit Idx 4.78% 4.58% 0.10% -4.18%
Low Grade Credit Idx 8.32% 7.82% 0.12% -6.01%
Markit CDX Inv Grd Idx 85 130 7.44% 52.94%
Markit CDX Mid Grd Idx 131 223 5.19% 70.23%
Low Grade to 10 yr T-Note Spread 503 576 9 14.51%

Monday, November 7, 2011

Market Data: Week Ending November 4, 2011


Market Index 12/31  Close 11/04  Close Week Change Simple YTD %
Dow Industrials Avg 11,577.50 11,983.20 -1.52% 3.50%
S&P 500 1,257.64 1,253.23 -2.16% -0.35%
Fed Funds Rate 0.10% 0.07% 0.00% -30.00%
10 yr T-note Yld 3.29% 2.03% -0.29% -38.30%
5 yr T-note Yld 2.01% 0.87% -0.26% -56.72%
5 yr TIPS - 'Real' Yld -0.06% -1.12% -0.26% -1766.67%
Implied 5 yr Inflation % 2.07% 1.99% 0.00% -3.86%
2 yr T-note Yld 0.59% 0.22% -0.07% -62.71%
2-10 Yr Slope 2.70% 1.81% -0.22% -32.96%
90 day T-bill Yld 0.12% 0.03% 0.03% -75.00%
Gold ($/oz) $1,421.40 $1,756.10 $8.90 23.55%
WTI Oil ($/brl) $91.38 $94.26 $0.94 3.15%
VIX "Worry Index" 17.75 30.16 5.63 69.92%





Credit Spreads 12/31  Close 11/04  Close Week Change Simple YTD %
Inv Grade Credit Idx 4.78% 4.48% -0.03% -6.28%
Low Grade Credit Idx 8.32% 7.70% -0.13% -7.45%
Markit CDX Inv Grd Idx 85 121 7.08% 42.35%
Markit CDX Mid Grd Idx 131 212 3.92% 61.83%
Low Grade to 10 yr T-Note Spread 503 567 16 12.72%

Tuesday, November 1, 2011

James Rickards interviewed by James Turk

James Rickards is talking candidly with James Turk of GoldMoney.com, about economic issues around the world, especially the Euro countries, the US and China. A common thread throughout the interview is the impact on the value and uses of gold. He also speculates freely about what various outcomes might look like as politicians wrestle with ways to create a needed solution and still be reelected. The interview took place during August 2011 and is still relevant.


Author of "When Money Dies" Interviewed by James Turk

Adam Fergusson is interviewed by James Turk of GoldMoney.com. The focus is on Fergusson's understanding of inflation, and then hyperinflation, as researcher and historian of the Weimar Republic or 1920's Germany experience.