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Stocks Love Lack Of Wage Growth

Stocks Love Lack Of Wage Growth

Inflation Feared Less There was so much information in the February labor report, it needs a few articles to get through each data point and explain what each indicator means. The stock market rallied because there was jobs growth, but not much wage growth. In the previous few years of this expansion, the market wanted […]
More Than Half Of 2018 Earnings Growth Is From Trump’s Tax Cuts And Stock Buybacks

More Than Half Of 2018 Earnings Growth Is From Trump’s Tax Cuts And Stock Buybacks

Heading into 2018, UBS has been one of the most bullish banks, with its equity analyst Keith Parker predicting the S&P500 hits 3,150 by year-end. And while UBS’ optimism is admirable if hardly unique with much of Wall Street expecting a similar return (which means that the pain trade is for everyone to be wrong), […]
Employment Report Shows The Bull Market Is Back On Track

Employment Report Shows The Bull Market Is Back On Track

Video Length: 00:04:01 Friday’s employment report was good news for the stock market bulls. The economy added 313,000 jobs in February. That’s the biggest one-month gain in almost two years. The closely watched participation rate rose by the most in almost eight years. The participation rate measures how many working-age individuals are employed or looking […]
Gold, Bitcoin Market Update – Monday, March 12

Gold, Bitcoin Market Update – Monday, March 12

Today I am talking about gold primarily, bitcoin, and the market in general. Video Length: 00:05:53 Here are the articles used in today’s video: Gold, Silver Lackluster As Investors Shun Safe-Havens SP Angel: Gold ‘Still Holds Its Haven Status’
Focusing On Currencies And Metals

Focusing On Currencies And Metals

I am happy to introduce a new guest to the show, Raghee Horner. Raghee is a futures and currency expert at the Simpler Trading website. I have been following her work for a few weeks now and I really like the blend of fundamental and technical research. In this segment we discuss the USD and […]
Schwartz’s Departure From Goldman Sachs May Pave Way For Solomon As CEO

Schwartz’s Departure From Goldman Sachs May Pave Way For Solomon As CEO

Shares of Goldman Sachs (GS) are in focus today after the bank said Co-Chief Operating Officer Harvey Schwartz will step down next month, suggesting that David Solomon could be in line to be the bank’s next chief executive officer. SOLOMON TO BECOME SOLE COO: Goldman Sachs announced on Monday that co-COO Harvey Schwartz will step […]
Housing Market Leverage

Housing Market Leverage

The most important line item for consumer liabilities is home mortgages because it’s the biggest segment. As you can see from the chart below, the home mortgage liabilities as a percentage of disposable income have followed the homeownership rate downwards following the 2008 recession. Liabilities To Disposable Income This is unusual because recessions are supposed to […]
Dropbox IPO Targets Valuation Between $7B And $8B

Dropbox IPO Targets Valuation Between $7B And $8B

Dropbox has filed an update on its upcoming initial public offering with the Securities and Exchange Commission. The company revealed today that its shares are expected to end up priced between $16 and $18 apiece, which would mean that it’s seeking a valuation between $7 billion and $8 billion. At the midpoint of its provided […]
EURUSD Seasonal Patterns – Best Times Of Year To Buy And Sell

EURUSD Seasonal Patterns – Best Times Of Year To Buy And Sell

See the times of year the EURUSD and Euro FX futures tend to do well and poorly, based on historical tendency. A seasonal chart shows the tendencies of an asset to move higher or lower, or peak and bottom, at certain times of the year. Instead of looking at the last 15 years of currency […]
What Will Blow The Stock Market To Pieces

What Will Blow The Stock Market To Pieces

GUALFIN, ARGENTINA – Investors were cheered up last Friday by the jobs report, which showed that the number of new jobs is about equal to the high set back in 2006 – just before the last crisis. As near as we can make out, it is just noise. Mountebank Market So let us continue with […]