Investmentment Markets Overview — W/E 27th June 2014

It was bad week for the “A list ” of Central Bankers’, as the 3rd and final estimate of US Q114 real GDP slumped to an annual rate of – 2.9%, which is a heck of a turn-around from the + 2.5% reported for Q413 and the initial already gloomy estimates of 0.1% and – 1% made by the Bureau of Economic Analysis. Meanwhile, the German ifo survey signals that GDP growth within the Euro-Zone is set to slow during the second half of 2014, whilst for the UK, although the final Q114 GDP reading held-up at the earlier stated 0.8%, “Charmer Carney” at the Bank of England took a grilling in front of a treasury select committee on “inconsistent guidance.” As to “why is this bad for the CBs,” the short answer is that the curtain is being drawn ever wider to expose just how impotent they are in controlling these three major economies, not to mention their respective interest rates, which are about to play havoc with the financial markets and in particular real estate.

Subscribe to the Full Investment Markets Overview Newsletter which contains the following:-

Additional Commentaries:
•US economic data . . .
•Euro-Zone . . .
•The UK . . .
•Out East . . .
•The $US index . . .
•Within the commodities complex . . .
•Economic data due next week includes . . .

Returning to the subject of Central Banks’ impotence in respect of “market interest rates,”Jan Loeys at JPMorgan Chase & Co. In it, JPM focus on the problems that individual investors could cause…..

Charts:
1.Indices Weekly
2.US New Home Sales V GDP
3.E-Z M3 MS V E-Z Economic Sentiment
4.Japan Unemployment V Household Spending
5.Commodity 1 Week Moves

Table:

13 Indices, 11 columns of detailed information, for accurate analysis

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The Catalyst for Change is often only seen in hindsight.”

Click Here to view Details of the full version of this Newsletter which includes full text and detailed Charts for each section

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