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Is Trump’s Tax Plan Feasible?

Is Trump’s Tax Plan Feasible?

The stock market roared higher on Monday because Macron appears to have locked up the French presidential election. He beats Le Pen in all the polls by at least twenty points. This makes me wonder what it takes for stocks to fall. Stocks rallied after the populist wins which were Brexit and Trump. They then […]
EUR/CAD – Runaway To 1.5000?

EUR/CAD – Runaway To 1.5000?

The gap open in the euro that blasted the pair through the 1.0900 level continues to exert its force higher even into what is likely to be a generally dovish ECB meeting this Thursday. In the meantime, the loonie has been hammered by the double whammy of weaker oil prices and a new set of […]
Current Research On How ETFs Can Affect Financial Markets

Current Research On How ETFs Can Affect Financial Markets

We’ve heard a lot of questions recently from clients and readers regarding how ETFs might affect financial markets. The short answer is “nobody knows.” The long answer is researchers are trying to figure it all out. In this piece we inventory some of the more interesting research articles on the subject and encourage readers to […]
Crude Hammering A Bottom?

Crude Hammering A Bottom?

My bearishness toward energy has been chilling quite a bit lately. As I mentioned, I sold my ERY long position on Friday (at a nice profit), and I’ve been reducing the quantity of my energy shorts. It’s kind of a shame, since this was sort of the last bastion of bearishness, but crude seems to be forming a hammer on its front […]
This Emerald Shines Bright Ahead Of IPO

This Emerald Shines Bright Ahead Of IPO

Overview Emerald Expositions Events (Pending:EEX) filed for its IPO on March 31, 2017. The company expects to raise $295M through the offer of 15.5 million shares at an expected price range of $18 to $20 and to make its debut on Thursday, April 27. If the underwriters price the IPO at the midpoint of that range, Emerald […]
5 Best-Ranked Liquid Stocks For Impressive Returns

5 Best-Ranked Liquid Stocks For Impressive Returns

The liquidity position of a company often indicates whether its business is going in a profitable direction. A company with a favorable liquidity position has the potential to provide higher returns as liquidity drives growth. However, one should exercise caution before investing in such stocks. While a high liquidity level may imply that the company […]
More Small Things

More Small Things

On April 23, 2015, the US Treasury auctioned off $18 billion in inflation-indexed bonds maturing in April 2020. These 5-year TIPS stopped out at the lowest yield for that particular security class in almost a year before then. Coming as it did during the spring of 2015, it was met with the usual textbook applied […]
Sentimental Journey

Sentimental Journey

Like a good attorney, we rarely ask a question for which we don’t have the answer. In the case of looking at sentiment in the economy and in the stock market, we like watching to get a feel for what our professional and individual investor clients are going through to see if it matches what […]
Potential Government Shutdown And Gold

Potential Government Shutdown And Gold

If the U.S. Congress does not pass a bill before April 28, the government will run out of money. What would this mean for the gold market? The specter of a government shutdown is haunting the U.S. again. The deadline is set for April 28. Without the funding bill presented to the President before Friday, […]
Blistering Foreign Demand In Blockbuster 2 Year Auction; Highest Indirects In 8 Years

Blistering Foreign Demand In Blockbuster 2 Year Auction; Highest Indirects In 8 Years

With the barnburner rally in equities today, the just concluded TSY auction of $26 billion in 2Y paper could have been excused if it disappointed. It did not, in fact it may have been the strongest 2Y auction in years with some truly blistering results. The high yield of 1.280% stopped through the 1.284% When […]