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Asia Equity Markets: Solid Economic Growth Versus Political Risk

Asia Equity Markets: Solid Economic Growth Versus Political Risk

Asian economies have begun the year with continued solid – and in some cases robust –performance. Yet the major Asian stock markets have diverged, with some significantly outperforming and others underperforming. In this note we focus on Japan, China, and India. As this note was written, President Trump announced his administration’s intention to impose tariffs […]
Ten Reasons Why Apple Is Still Going To $200

Ten Reasons Why Apple Is Still Going To $200

Here it is the end of March, and Apple (AAPL) is already closing in on my 2018 target of $200. Indeed, with a market capitalization today of $930 billion, Apple is on the verge of becoming the world’s first $1 trillion publicly traded company. And here’s the really great thing about this year for Apple […]
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY – UOB

Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY – UOB

Currencies are looking for new directions as the quarter draws to a close and the new one begins. What’s next? Here are the views for major pairs: Here is their view, courtesy of eFXnews: EUR/USD: Neutral (since 05 Mar 18, 1.2335): Immediate pressure has shifted to the upside. No change in view. We highlighted yesterday (26 […]
Two Measures Of Inflation And Fed Policy – Thursday, March 29

Two Measures Of Inflation And Fed Policy – Thursday, March 29

Note: The charts below have been updated with the latest Personal Consumption Expenditures price index from the Bureau of Economic Analysis. The annualized rate of change is calculated to two decimal places for more precision in the side-by-side comparison with the Consumer Price Index. The BEA’s Personal Consumption Expenditures Chain-type Price Index for February, released this morning, shows […]
Italian Renaissance Bankers And How They Can Help Manage The Next Financial Crisis

Italian Renaissance Bankers And How They Can Help Manage The Next Financial Crisis

iStock.com/Golden_Brown Ignoring History Will Lead to Another Financial Crisis Without understanding history, we cannot explain the present. This is certainly the case with economics. Since the 1950s, the tendency has been to advance this discipline as a science, removing the human element and using many assumptions and more mathematical formulas to process them than the “Apollo 11” […]
Cryptocurrency Getting Slammed: What Is Going On?

Cryptocurrency Getting Slammed: What Is Going On?

Digital currencies plunged Thursday in a market sell-off that showed no sign of abating. The No. 1 digital currency, bitcoin fell below $7,500, trading to an intraday low of $7,331.52. A single bitcoin was last exchanged at $7,427.60, down 6.3%. Other major digital currencies have taken bigger hits with many losing more than 10%. Tron is […]
GDPNow Forecast Suggests Possible Inventory Problem Coming Up

GDPNow Forecast Suggests Possible Inventory Problem Coming Up

The GDPNow forecast jumped 0.6 percentage points this week, but nearly all of it was inventories. The Consumer has died. The GDPNow Forecast jumped 0.6% today, but 0.5 percentage points was an inventory adjustment. The GDPNow assessment of real final sales, the bottom-line measure of the economy, is only 1.2%, up 0.1 percentage points from a week […]
ETFs From Best & Worst Zones Of Q1

ETFs From Best & Worst Zones Of Q1

After a blockbuster start to 2018, the rally in the global stock market fizzled out to end the quarter. This is especially thanks to a series of challenges including inflation fears, speculation of faster-than-expected rates hike, Washington turmoil, and protectionist and anti-trade Trump policies. A massive tech selloff was the major culprit that sent the […]
Stock Market Success Down To AI And Homework, Not Luck

Stock Market Success Down To AI And Homework, Not Luck

Earlier this week, it was reported by CBNC financial that an in-depth working paper from Rice University found that investors made 1.5% more when researching stocks. With the average S&P 500 RoI only totalling 11.29%, that equates to a big extra chunk of money. Along with the advent of high technology, which has been accelerating every […]
Short-Term Market Signals

Short-Term Market Signals

SPX Trendline Battle, Relative Strength in RUT We reviewed the daily charts after yesterday’s close and noticed that the Russell 2000 Index, the NYA and transportation stocks all exhibited relative strength (the same holds actually for the DJI), particularly vs. the FANG/NDX group. This is happening just as the SPX is battling with an extremely […]