Don't tell this to the TIP ETF, check out the recent break out. It could be related to the 1,014 October 102 calls open in the money. TIP closed at 102.88 today up 0.36 and the Oct 102 call was up 0.40 to 1.00. I'm wondering when those were bought.
TIP October Option Chain (Courtesy of Yahoo Finance)
Also a little history on Levy Forecasting (The Levy Forecasting Center, LLC)
"PREDICTING THE PULSE OF THE ECONOMY (New York Times)
By PENNY SINGER
Published: Sunday, January 10, 1988
WHAT everyone in business needs is a good crystal ball. But to be of value, forecasts must be accurate, and a Chappaqua consulting group, Levy Economic Forecasts, has compiled one of the best records in the country for predicting turning points of the business cycle in the United States for the last 40 years.
Forecasting the economic future is the business of S. Jay Levy, who started Levy Economic Forecasts with his late father, Jerome Levy, in Manhattan in 1949. In 1956 the company moved to Chappaqua to distance itself from the turmoil of Wall Street - in order to gain perspective on its work, Jay Levy said, Now with his son, David, as his partner, Mr. Levy publishes Industry Forecast, the oldest, paid-circulation publication of its kind in the country. Published monthly since 1949, the Levys's newsletter has attained a reputation for accuracy by predicting recession periods over a 25-year span." (Read full article)
Tech Ticker Video Sources:
First Video: Seek Bonds, Not Stocks as Deflation Is the Threat, Not Inflation
Second Video: America's "Very Soggy" Outlook: Why the Recovery Won't Be V-Shaped
Last Video (not embedded): No Way Has Housing Bottomed, Says David Levy