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The Race To Repatriate Gold Reserves Accelerates

The Race To Repatriate Gold Reserves Accelerates

For years, a trend has developed that, much to the dismay of global financial elites, has taken hold and will only accelerate from this point on. The trend I speak of is none other than the global repatriation of gold reserves from Western powers such as the United States and the United Kingdom. Since the […]
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                        Western Asset Mortgage Is At Risk Of Another Dividend Cut

E Western Asset Mortgage Is At Risk Of Another Dividend Cut

Western Asset Mortgage (NYSE:WMC) in an mREIT that has seen many dividend cuts over the last 5 years. Given that it recently reported earnings, we decided it was time to check back in on the name to assess performance, and where we see the stock going. In this column, we specifically hone in on specific […]
Even Without The Law, Fiduciary Rule Awareness Remains

Even Without The Law, Fiduciary Rule Awareness Remains

After lengthy delays and attempts to kill the regulation, the Department of Labor’s Fiduciary Rule went in to partial effect in June 2017. Now, the fifth circuit court has struck down to the rule, after concluding that the rule “overreached” and was “unreasonable.”While the ruling could end the Fiduciary Rule as law, it cannot erase the awareness the DoL raised […]
Is The Global Economy Cooling Off?

Is The Global Economy Cooling Off?

Video Length: 00:05:18 New economic numbers suggest moderation in global growth rate Global economic growth is always an important issue for markets, Eitelman said, as it typically drives equities higher over time. Since the middle of 2016, the world’s economy has been in a positive acceleration phase, he said—in other words, a period where global […]
Strong Ethanol And Feed Usage, But Stocks Are Up On Bigger Crop

Strong Ethanol And Feed Usage, But Stocks Are Up On Bigger Crop

Market Analysis The corn market’s attention will be split on March 29 between the USDA’s quarterly stocks report and 2018’s planting intentions which will be released at the same time. After a record US corn yield produced record sup-plies last fall, America’s ethanol corn demand has been on a record average weekly pace during the […]
Why The Spotify IPO Is Both Unusual And Intriguing

Why The Spotify IPO Is Both Unusual And Intriguing

On April 3, 2018, the music streaming service Spotify is expected to hit the public markets for the first time. However, while IPOs are usually large, hype-driven spectacles that involve investment bankers and roadshows to financial institutions, the Spotify IPO is taking quite a different route. For a variety of reasons, this will make the […]
Gold Miners’ Q417 Fundamentals

Gold Miners’ Q417 Fundamentals

The gold miners’ stocks remain deeply out of favor, trading at prices seen when gold was half or even a quarter of current levels. So many traders assume this small contrarian sector must be really struggling fundamentally. But nothing could be farther from the truth! The major gold miners’ recently-released Q4’17 results prove they are […]
COT Blue: A Decade Of Weird

COT Blue: A Decade Of Weird

On July 15, 2008, Federal Reserve Chairman Ben Bernanke sat in front of Congress for the second of his required Humphrey-Hawkins reports for that year. The original act meant for these to be more than bland economic obfuscation, where the original Full Employment and Balanced Growth Act of 1978 demanded monetary targets. The Fed stopped […]
Housing Starts And Permits Well Below Most Pessimistic Estimates

Housing Starts And Permits Well Below Most Pessimistic Estimates

Economists expected a small pullback in housing starts and permits. Instead, those aspects of the report were a disaster. Rolling Back January Gains Mortgage News Daily reports Housing Starts and Permits Roll Back January Gains. The two principal measures of residential construction activity had been expected to decline a bit in February after a strong performance to kick […]
Increased Productivity Is Eliminating Steel Industry Jobs, Not Imports

Increased Productivity Is Eliminating Steel Industry Jobs, Not Imports

From an AP news report: In the 1980s, American steelmakers needed 10.1 man-hours to produce a ton of steel; now they need 1.5 man-hours (see chart below), says Joe Innace of S&P Global Platts. Most American steel is now made at super-efficient mini-mills, which use electric arc furnaces to turn scrap metal into steel. (Traditional integrated steel […]