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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
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Dots

...If the dots don't connect, gather more dots until they do...

TGIF

TGIF

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Friday, December 23, 2011

Diverging Data

A variety of data released today, shows a divergence between a decline in personal spending and income versus an increase in new home sales (although sales remain depressed at the lows of their 2008/09/10 levels), as shown on the three graphs below (courtesy of www.forexfactory.com).

It appears that more household debt is being accumulated than can be effectively managed.


Canada's GDP declined from 0.2% to 0.0%, as shown on the graph below...another indicator of a slowdown in global growth.