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Misconceptions About Trade Deficits

Misconceptions About Trade Deficits

Mar 30, 2018 Finance 0

Back in 1999, I wrote an article called “Untangling the Trade Deficit” for the Public Interest  magazine. I started this way: The competition for most misunderstood economic statistic is hard-fought, but there is a clear winner: the trade deficit. No other number is interpreted so differently by professional economists and the general public. Common reactions to the […]
Walmart Acquiring Humana Not Likely At This Point, Bloomberg Reports

Walmart Acquiring Humana Not Likely At This Point, Bloomberg Reports

Mar 30, 2018 Finance 0

Walmart (WMT) is in talks with Humana (HUM) for a closer partnership to provide health care to consumers at home and prevent illness, Zachary Tracer and Ed Hammond of Bloomberg reported late last night, citing a person familiar with the matter. Their report follows the Wall Street Journal’s, which said last night that Walmart was […]
AUD/USD Daily Analysis – Friday, March 30

AUD/USD Daily Analysis – Friday, March 30

Mar 30, 2018 Finance 0

AUD/USD remains in the downtrend from 0.7916, the rise from 0.7642 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and a breakdown below 0.7642 support could take price to 0.7600 zone. Resistance is now at 0.7700, only a break of this level could bring price back to 0.7760 zone.
E The Trump Republicans Have Completely Abandoned Fiscal Responsibility

E The Trump Republicans Have Completely Abandoned Fiscal Responsibility

Mar 30, 2018 Finance 0

“The national debt is currently higher than at any time in history outside of World War II and the years immediately after, and it is rising unsustainably. Moreover, recent tax and spending legislation have made a bad situation even worse.…. Spending under our baseline projections will rise from 20.8 percent of GDP in 2017 to […]
Is Bank Of New York Mellon Corp A Buy At Its Current P/E Multiple?

Is Bank Of New York Mellon Corp A Buy At Its Current P/E Multiple?

Mar 30, 2018 Finance 0

Bank of New York Mellon Corp (NYSE: BK) trades at a P/E multiple of 13.0x, which is lower than the Financials sector median of 18.7x. While this makes BK appear like a stock to add to your portfolio, you might change your mind after gaining a better understanding of the assumptions behind the P/E ratio. In […]
‘Let’s Get Out And Take A Breather’: A Look Across Asian Markets At Quarter End

‘Let’s Get Out And Take A Breather’: A Look Across Asian Markets At Quarter End

Mar 30, 2018 Finance 0

Overnight, we got the last trading in major markets of the quarter as Japanese, South Korean, and mainland Chinese equities all rose following Thursday’s mammoth gains on Wall Street. “Let’s get out of this quarter and take a breather,” PNC’s Rich Guerrini said, adding that “we need some market stability at this point and hopefully […]
4 Ways To Get Started With Impact Investments

4 Ways To Get Started With Impact Investments

Mar 30, 2018 Finance 0

If you haven’t figured it out by now, sustainable, responsible and impact investments are truly the future. The old ways of Wall Street appear to be melting away as more investors are looking to be active in the selection of their selections of retirement funds and their impact on society. While sustainability is nice (and […]
Crude Oil: Recovers, Rejects Lower Prices

Crude Oil: Recovers, Rejects Lower Prices

Mar 30, 2018 Finance 0

CRUDE OIL: The commodity turned higher off its intra day low on Thursday leaving risk of more strength on the cards. On the downside, support resides at the 64.50 level where a break will expose the 64.00 level. A cut through here will set the stage for a run at the 63.50 level. Further down, […]
Want To Trade Better? Think In Points

Want To Trade Better? Think In Points

Mar 30, 2018 Finance 0

Investors love to talk in percentages. The Dow is up 25% this year, up 200% this decade. This stock is a ten bagger. Blah, blah, blah. Traders — if they want to be successful — should disabuse themselves of that notion as soon as possible and talk in terms of points instead. Investing is the […]
Crypto Carnage Continues – Bitcoin Back Below $7,000, Ether Under $400

Crypto Carnage Continues – Bitcoin Back Below $7,000, Ether Under $400

Mar 30, 2018 Finance 0

Despite a brief bounce overnight, cryptos are sliding once again with Bitcoin below $7,000; Ethereum below $400; and Ripple back below 50c. “It’s a sea of red,” said one seasoned crypto-trader, adding after a stoic pause, “again!” Bitcoin is back below $7,000… Heading towards its early Feb lows… As CoinTelegraph notes, the overall market slump could be attribued […]