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5 Quality Picks As Fed Hikes Rate, Turns Hawkish For 2019

5 Quality Picks As Fed Hikes Rate, Turns Hawkish For 2019

Mar 22, 2018 Finance 0

As expected, the Federal Reserve, headed by the new chairman Jerome Powell, raised interest rates for the sixth time since the financial crisis by 0.25% to 1.50-1.75%. The central bank hinted at gradual hikes for this year with two lift-offs but turned hawkish for 2019 and 2020, citing growing confidence in the strengthening economy. The […]
Market Talk – Thursday, March 22

Market Talk – Thursday, March 22

Mar 22, 2018 Finance 0

Having seen the US markets actions to the Fed hike, we had a rather dull response in Asia which resulted in a mixed session. Tech and Real Estate pushed the Hang Seng down just over 1% through on-going data concerns, then also worries over increased funding costs. The Shanghai also fell -0.5% when the reverse […]
Goldilocks Or Frankenstein: Saxo Bank “Technology Winter” Presentation

Goldilocks Or Frankenstein: Saxo Bank “Technology Winter” Presentation

Mar 22, 2018 Finance 0

It’s easy to see things the way you want, not how they are. Goldilocks or Frankenstein? Think about “peak expectations” Saxo Bank CIO and Chief economist Steen Jakobsen made a presentation yesterday following the Fed rate hike announcement. The macro presentation Goldilocks or Frankenstein was on the Technology Winter, Monopolies and FED policy mistakes. Via email, Jakobsen […]
March 2018 Kansas City Fed Manufacturing Was Unchanged

March 2018 Kansas City Fed Manufacturing Was Unchanged

Mar 22, 2018 Finance 0

Of the three regional manufacturing surveys released for March, all were in expansion. Analyst Opinion of Kansas City Fed Manufacturing Kansas City Fed manufacturing has been one of the more stable districts and their index was unchanged. Note that the key internal “new orders” was in contraction this month. There were no market expectations from […]
Stocks Plunge As Trade Turmoil, Credit Crisis, & Tech Wreck Loom

Stocks Plunge As Trade Turmoil, Credit Crisis, & Tech Wreck Loom

Mar 22, 2018 Finance 0

Seemed appropriate…   All of a sudden, ‘stuff’ matters: Powell hawkish Trump lawyer resigns Trump trade wars start Funding market stress surges Credit markets spike Facebook new lows Tech tax and regulation The Dow dumped over 700 points on massive volume, broke below it 100DMA to its lowest since Feb 9th… and lowest close since […]
Fed Hikes & Raises Forward Guidance

Fed Hikes & Raises Forward Guidance

Mar 22, 2018 Finance 0

Fed Raises Rates In A Hawkish Hike As expected, the Fed raised interest rates by 25 basis points. In my opinion, the hike was hawkish because the Fed was one vote away from switching its expectations to 4 hikes this year instead of 3. My expectations have been slightly more dovish than the street because […]
3 Tips To Avoid The Active Vs Passive Trap

3 Tips To Avoid The Active Vs Passive Trap

Mar 22, 2018 Finance 0

As financial products evolve into increasingly automated and systematic strategies I have begun to notice a big problem – fund managers are increasingly referring to their strategies as “passive”. It’s clear why this is happening – a systematic strategy could arguably be referred to as a passive strategy and passive is synonymous with good. So […]
Why Big Tech Is Not As Flush As It Looks

Why Big Tech Is Not As Flush As It Looks

Mar 22, 2018 Finance 0

Many have marveled at the massive amount of cash built up on the balance sheets of big tech companies in recent years. It’s truly astounding and almost incomprehensible. When you put together the assets of Apple, Microsoft, Cisco, Oracle and Intel the total recently surpassed a $1 trillion. (To put this astronomical number into perspective, […]
Ares Management Gains After Lawmakers Include Favorable Measure In Spending Bill

Ares Management Gains After Lawmakers Include Favorable Measure In Spending Bill

Mar 22, 2018 Finance 0

  Shares of private equity giant Ares Management (ARES) are trading higher after the recent spending bill included provisions that private equity firms have been aggressively lobbying over. According to Bloomberg, private equity firms Apollo Global Management (APO) and Ares Management are set to benefit from a last minute measure added to the $1.3T spending […]
E Raymond James Upgrades Pandora Stock Two Notches, Bucking Recent Bearish Trend

E Raymond James Upgrades Pandora Stock Two Notches, Bucking Recent Bearish Trend

Mar 22, 2018 Finance 0

Research firm Raymond James upgraded Internet music streaming company Pandora (P) two notches today to a Strong Buy from a Hold rating. The firm placed an $8 price target on the stock, well below the current price of Pandora stock of around $5.50 per share.  According to Raymond James, the company’s acquisition of digital audio […]