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Week In Review: How Trump’s Policies Moved Stocks – Sunday, October 29

Week In Review: How Trump’s Policies Moved Stocks – Sunday, October 29

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly: 1. CONSTELLATION BRANDS: Responding to investors’ concern over potential risk to Constellation Brands (STZ) if the U.S. withdraws […]
‘Where The Wild Things Are’

‘Where The Wild Things Are’

On Friday evening, we brought you some excerpts from the latest note by Deutsche Bank’s Aleksandar Kocic,in which the best analyst on the Street reminds you that the ECB decision represents a continuation of a regime characterized by a communication loop between central banks and markets. That communication loop (call it “transparency”) effectively makes it impossible for market […]
EUR/USD Weekly Analysis – Sunday, October 29

EUR/USD Weekly Analysis – Sunday, October 29

EUR/USD broke below 1.1662 key support, indicating that the bullish movement from 1.0340 had completed at 1.2092 already. Further decline could be expected and next target would be at the resistance-turned-support trend line on the weekly chart now at around 1.1400. A clear break below this trend line could trigger a further downside move to the 1.1100 […]
Weighing The Week Ahead: Fed Chair, Tax Proposal, Data Avalanche, Earnings – A Pundit’s Paradise

Weighing The Week Ahead: Fed Chair, Tax Proposal, Data Avalanche, Earnings – A Pundit’s Paradise

There is so much on the calendar next week that it is impossible to choose a single theme. The economic calendar includes all the major reports. It is still the heart of earnings season. Announcements are expected about a new Fed Chair (and perhaps other appointments), the tax reform proposal, and Special Counsel Mueller’s first […]
Natixis Warns, US Economy Will “Slow Down Substantially” In 2018

Natixis Warns, US Economy Will “Slow Down Substantially” In 2018

As US GDP growth rises at 3% or more for the second quarter in a row, French investment bank Natixis urges investors to prepare for the U.S. economy to “slow down substantially” as early as 2018. Video length: 00:00:53 Patrick Artus, chief economist at Natixis, warned that the current level of corporate investment is “abnormally high” and suggested a downward […]
Weekly Forecast: A Crowded Field With Fed, BoE, BoJ And NFPs Ahead

Weekly Forecast: A Crowded Field With Fed, BoE, BoJ And NFPs Ahead

The economic docket is packed with high profile market-moving event risk through the coming week. A key theme to emerge from this run will be monetary policy with the Fed, BoE and BoJ all on tap. The question is whether this packed schedule will translate into more productive volatility. US Dollar Forecast: US Dollar Rally Sees Risks […]
Trump Will Announce New Fed Chair Next Week: It Won’t Matter

Trump Will Announce New Fed Chair Next Week: It Won’t Matter

Round robin speculation on the next Fed chair shifted for the third time this past week. In April, Gary Cohn had the inside track. Then speculation shifted to John Taylor. Now the speculation is on Fed governor Jerome Powell. President Donald Trump said Friday he would announce his choice for the next leader of the […]
AUD/USD Forecast Oct. 30 – Nov. 3 2017

AUD/USD Forecast Oct. 30 – Nov. 3 2017

The Australian dollar was under pressure after inflation figures disappointed, dropping to the lowest levels in three months. Trade balance and retail sales stand out as we turn the page to November. Here are the highlights of the week and an updated technical analysis for AUD/USD. Australian inflation failed to meet expectations in Q3, rising by only […]
What Could Pop The Everything Bubble?

What Could Pop The Everything Bubble?

As central bank policies are increasingly fingered by the mainstream as the source of soaring wealth-income inequality, policies supporting credit/asset bubbles will either be limited or cut off, and at that point all the credit/asset bubbles will pop. I’ve long held that if a problem can be solved by creating $1 trillion out of thin […]
Longer-Term Outlook, Saturday

Longer-Term Outlook, Saturday

It is a good sign for the stock market when Regional Banks are participating in the advance because it indicates rates are rising due to some strength in the economy. So how do we interpret this chart below that shows the Regionals trending sideways all year? First, I would say they got ahead of themselves […]