Former Chief Market Strategist for Sutton & Associates, LLC, Freelance Writer
Contributor's Links: Institute for Economic Awareness

Andy Sutton is formerly the Chief Market Strategist for Sutton & Associates, LLC, a Registered Investment Adviser in the Commonwealth of Pennsylvania. He writes the periodic Economic and Financial Commentary “My Two ... more

ALL CONTRIBUTIONS

Something’s Rotten In Denmark – The ‘Fed’ Balance Sheet
Let’s remember why the not-so-US Fed’s balance sheet go so big to begin with. It was buying worthless assets from its (owner) banks.
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Russia Continues To Diversify Its Foreign Exchange Reserves
Russia is the third largest gold producer in the world. In January – December 2018, 8.5mn ounces (265 tonnes) were produced in the country.
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The Brexit ‘Punishment’?
The devaluation helps exporters, but it also skewers the domestic population – precisely the group responsible for all the ruckus. Punishment? Absolutely.
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The Motive Behind The ECB’s Handling Of Banca Carige
So why is the ECB treating this midsize bank as too big to fail? Because they want to steal it and set a rather important precedent.
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What Was Mnuchin Thinking? – The Atlantic – With Commentary
If they’re communicating this poorly in the absence of a crisis, just imagine how disastrously they might perform in the presence of one.
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Shutdown – One Way To Slow The Deficit?
Will the fact that certain portions of the government are now shutdown will mean less spending? Not likely.
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Comments

Latest Comments
Goldman: Treasury Markets No Longer React To Economic Data
3 years ago

Treasury bonds are instruments of the USGovt. We can all agree on that. They are backed by the 'full faith and credit of the USGovt'. That is the statement made by Treasury officials and while I think that statement is an utter joke, I think we can all agree that is the mantra that comes forth. If the economy does well, then the government should (in theory) be able to meet its debt obligations. if the economy is in the toilet, such ability might be called into question. So yes, Treasuries used to respond to economic data - appropriately - and the fact that they don't really do that anymore should be a point for everyone to ponder.

Maybe it's like Gary pointed out - that hungry buyers see Treasuries as the cleanest trash out there. I know I certainly wouldn't take my hard earned money and loan it to an entity (at a negative rate) when i know that entity is in debt way over its head and has absolutely no plans of changing its behavior. But the dollar and Treasuries have always been the 'safe haven'. It's a hard habit to break, especially when everything else looks worse except for metals and I know that is really going to get some people going ;)

I certainly wouldn't call it misplaced fear when someone decides they want out of USGovt debt. Sounds a lot like 'flat earth' economics to me.

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STOCKS I FOLLOW

CYB WisdomTree Dreyfus Chinese Yuan Fund
DIA SPDR Dow Jones Industrial Average
DUG ProShares UltraShort Oil & Gas
GS Goldman Sachs Group Inc.
MS Morgan Stanley
PGH Pengrowth Energy Corporation
PWE Penn West Petroleum Ltd.
QQQ PowerShares QQQ Trust Series 1
SPY SPDR S&P 500
UBS UBS AG
UDN PowerShares DB US Dollar Index Bearish Fund
USO United States Oil Fund, LP
UUP PowerShares DB US Dollar Index Bullish Fund
WFVK Wilshire 5000 Total Market ETF
XHB SPDR S&P HMBLDRS IDX FND
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PERSONAL BLOG

Latest Posts
The Global Dollar Shortage – Palisade Research
There’s a lot here and it flies in the face of what most people believe and how they understand money.

Work Experience

Chief Economist
Sutton & Associates, LLC
January 2007 - Present (12 years 11 months)

Andy is the former Chief Market Strategist of Sutton & Associates, LLC. While the firm is no longer registered as an Investment Advisor, Andy continues to conduct research on various topics including GDP, money supply, econometric modeling, and economic indicators. He also continues to author and co-Author articles in the 'My Two Cents' series.

Education

Moravian College
MBA (Economics)
1997 / 2002
Business Administration / Economics
Moravian College
B.Sc
1989 / 1994
Medical Technology / Biochemistry

Publications