As something of a proxy for Mexico itself, or at least its infrastructure, I can’t say that the weak performance of PINFRA (OTCPK:PUODY) (PINFRA.MX) shares, flat since my last update, is wholly unreasonable. Mexico’s economic growth has been feeble after all, with GDP declines in the last two quarters andRead More →

The first sign of a possible cyclical stock market bottom came with a rare breadth thrust covered in January 2019 The same “keep an open mind” message applied to the S&P 500’s (SPY) stand at an upward-sloping 200-week moving average, which aligns with a possible major cyclical bottom within theRead More →

Yields on U.S. government debt rose Wednesday as Treasury prices gave back some of the previous session’s large gains following a news report that said the U.S. and China remained on track to complete a phase-one trade deal before a Dec. 15 deadline despite President Trump’s comments about a delayRead More →