the TREND letter's blog

Joseph Granville, a technical analyst who has been publishing the Granville Market Letter from Kansas City, Missouri, for more than 40 years, talks about the outlook for the U.S. stock market. He speaks with Adam Johnson on Bloomberg Television's "Street Smart." CLICK HERE if video does not display in your browser. 

Each day we hear more speculation that the next round of QE is coming from the Federal Reserve. We have already seen recession take hold in Europe, the UK, and Japan. We see no reason why North America is not going to follow this global trend down.

The January 22nd Flash Report was sent to subscribers. 

While talks stalled by the Greece Bank Creditor Group as they bicker over what the "voluntary" cuts will be on Greek debt, the yield on the 1 year Greek bonds has now soared to over 400%!

Recent economic data out of Germany shows that even the strong economies of Europe are starting to get hit by the slowing economy. CLICK HERE for direct link. 

While banks are reporting that bonuses will be down 20 - 30%, the real question is why are they not down much more. Gary Kaminsky makes the argument.

A Flash Report dated January 8, 2012 has been sent to subscribers.

The Shanghai composite index tends to lead North American markets by about 4 to 6 months. While Wall Street and the Mass Media continue to announce that we have hit the bottom and the markets will now move into a new uptrend, the Shanghai market suggests otherwise.

While the mass media is pumped over the latest jobs report of 200K, the reality is that the average duration of unemployment is 40.8 weeks, just lower than last month's record. In addition, there are 7.5 million people who have left the labor force since January of 2007.

A Flash Report dated January 02 2012 has been sent to subscribers.