September Begins Down, but Ends Up Nearly 2% in Week 1

Excerpt from Louis Navellier's Marketmail - 9/10/2019

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Even though the stock market initially stumbled last week, like any good bull market, every dip is seen as a good buying opportunity. Both the S&P 500 and NASDAQ gained 1.8% last week. When the market was volatile, I was online with an explanation why. Here are links to my Tuesday and Thursday podcasts.

As I discussed on the Tuesday podcast, I expect energy prices to decline in September due to weaker seasonal demand. There are billions more people in the Northern Hemisphere than in the Southern Hemisphere, so as the summer driving season winds down and the weather cools, demand for crude oil and natural gas ebbs. Currently, natural gas prices are near record lows and crude oil prices may fall to $45 to $48 per barrel, due to the fact that excess supply will persist. This is great news for continued low inflation. The Fed’s favorite inflation indicator, the Personal Consumption Expenditure (PCE) index, has risen only 1.4% in the past 12 months, well below its 2% target, and may drift lower as energy prices ebb

In This Issue:

Bryan Perry leads off with an examination of the likelihood of 50-to-100-year Treasury bonds – a trend already underway in Europe and in some U.S. corporate bonds. Gary Alexander is “off the grid” in Alaska but writes from his historical viewpoint about what drives markets – and what puts them to sleep. Ivan Martchev has just returned from his native Bulgaria, so he examines his two native lands for clear trends over the last 30+ years. Jason Bodner sees a welcome return of big institutional buying in the last week, while I examine the latest drama in China and Britain, along with last week’s economic tea leaves.

Income Mail: The Coming of “Ultra-Long” Treasury Bonds to the U.S.

By Bryan Perry

50-Year and 100-Year Corporate Bonds in the U.S. are Alive and Well

Growth Mail: With no Internet Service, an Eerie Quiet Overtakes the Market

By Gary Alexander

America is (or Was?) the Land of Exploration and Innovation

Global Mail: A Stranger in the Homeland

By Ivan Martchev

The Euro is An Unfinished Experiment

Sector Spotlight: I’m Changing My Tune to Short-Term Bullish

By Jason Bodner

Rates are Crazy Low – and Going Lower

A Look Ahead: Don’t Be Surprised if We See a Trade Agreement by Year’s End

By Louis Navellier

Economic Indicators are “Mixed” but Not Strong Enough to Prevent Rate Cuts