Top Advisors Corner

April 2018

Top Advisors Corner

Tom McClellan: Deficits and Gold

by Tom McClellan

If you are a gold investor, then the one thing you want most is rising deficits. Luckily for you, Congress appears to have granted just what you want. This week’s chart compares the trailing 12-month federal deficit (as a percentage of GDP) to gold prices... Read More 

Top Advisors Corner

David Keller: Dialing Up the Dollar

by David Keller

After spending the last 16 months in a fairly orderly downtrend, the US Dollar is showing signs of a short-term reversal. After putting in a higher low in late March, the greenback may be poised for a return to the highs of late 2017... Read More 

Top Advisors Corner

Tom McClellan: 3 Months Into Tax Relief, How Is It Going?

by Tom McClellan

There is a very strong seasonal pattern in the way that tax receipts come into the federal government. The nice thing about that regularity is that it allows us to easily compare how the current year is doing versus past years... Read More 

Top Advisors Corner

Tom McClellan: Fed is Behind, But Still Screwing Up

by Tom McClellan

Make me Emperor for a day, and I would compel the FOMC to outsource interest rate policy to the bond market... Read More 

Top Advisors Corner

Tom McClellan: Backmasking The DJIA's Price Pattern

by Tom McClellan

The stock market is continuing to display a weird backwards rerun of its own behavior 9 years ago. I wrote about this here back on Jan. 18, 2018, in a Chart In Focus article titled, “Ending How It Began (Parabolically)?”... Read More