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




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Friday, November 16, 2012

Foreign Demand for Long-Term Securities Plunges

Data released today (Friday) shows that foreign demand for long-term securities plunged to nearly zero, as shown on the graph below.

The sharp drop in this economic data is one of quite a few that have been surfacing over the past several weeks (which I've written about on my Blog) and may be forecasting much more weakness to come in the overall economy during the upcoming weeks/months.

Industrial Production data also released today also shows this type of sharp drop, as shown on the graph below. The overall trend is down and has been for several years...this can't be blamed on the hurricane.

Weakening demand equals weakening data...if the demand is not there, no amount of Central Bank money printing is going to change economic data...simple math.