David Chapman

Articles by David Chapman

Weekly Update

With the hurricanes over, the cameras have moved away to focus on something else. Yet it is what happens afterwards that is more important. Surprisingly, the death toll was not that high, estimated currently at around 81...
“I don’t believe we will see another financial crisis in our lifetime.”



Janet Yellen, Fed Chair, June 27, 2017



Oh, Janet. We hope you are right. One should never say never—that has a nasty habit of coming back to bite you...
With the failure to even vote on the “Repeal And Replace Obamacare,” coupled with the ongoing investigations into the White House “Russian” connections, we thought it apropos to revisit the Presidential cycle. The Presidential cycle has...
I’d thought I would show another chart of the velocity of money but from a somewhat different perspective. I last showed a chart on the velocity of M1 in a Chart of the Week – The End of Cash? - April, 30, 2015. This is a chart of the...
Have the horses left the barn? One of the major tenants of Dow Theory is that the averages must confirm each other. The key to this basic tenant is that no important bull or bear market can take place unless both averages agree with...
Source: www.barchart.com

What is going on with bonds? Over the past few weeks, it appears that bonds are having a massive heart attack.  Just a few short weeks ago it appeared that the German Bunds (German bonds are called bunds)...
Charts created using Omega TradeStation 2000i.  Chart data supplied by Dial Data

Are Biotech stocks in a bubble? This is a question that is being asked. According to an article by Bloomberg (Biotech Index in Nosebleed Territory -...
Charts created using Omega TradeStation 2000i.  Chart data supplied by Dial Data

The banking system is supposed to be the backbone of the economy is it not. Ok maybe not. Many tout small business as the backbone of the economy...
There appears to be trouble brewing along a number of fronts of which Greece might only be one of them.  Above is the sinking ship known as Greece as represented by the Global FTSE Greece 20 ETF (GREK-AMEX). Greece is just one of a...
Source: www.research.stlouisfed.org

The Fed lost patience. Well they did not so much as lose patience, but they dropped the word “patient” in their “guidance” language. It seemed to be widely expected that they would. Then the Fed...

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Peru became the world’s largest producer of silver in 2012.

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