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Renewed ‘Reflation’ From A Short-term Dollar Perspective

Renewed ‘Reflation’ From A Short-term Dollar Perspective

It’s worth revisiting the topic of the “rising dollar.” What determines its exchange value in the first place? Orthodox convention associates the general direction up or down with interest rate differentials, the infamous global carry trade. Not just any interest rate comps, either, but those of short-term money markets. Thus, if the Federal Reserve is […]
How Wall Street Banks “Masked” A Record $350 Billion In Subprime Exposure

How Wall Street Banks “Masked” A Record $350 Billion In Subprime Exposure

The latest monthly auto-loan data from the Fitch Auto ABS Index showed something very troubling: subprime delinquencies 60 days or more past due on the secondary market rose to 5.76% in February, the highest they’ve been in 22 years, or since 1996, and blowing past the highs hit during the 2008 financial crisis. At this rate, a […]
Has The Recession Already Started?

Has The Recession Already Started?

It started with a slow drip. Then it became a trickle. Now it is an undeniable torrent. Negative economic data reports, once as rare as hen’s teeth, have suddenly become as common as NRA bumper stickers at a Trump rally. The economic data flow has definitely turned sour. Is this a growth scare? Or is it the beginning […]
Honeywell (HON) Q1 Earnings Beat On Solid Top-Line Growth

Honeywell (HON) Q1 Earnings Beat On Solid Top-Line Growth

Honeywell International Inc. HON posted impressive first-quarter 2018 results with a year-over-year surge in revenues and adjusted earnings.The company’s adjusted earnings of $1.95 a share surpassed the Zacks Consensus Estimate of $1.89 by 3.2%. Notably, the reported figure increased 17.5% on a year-over-year basis. Operational Details Honeywell’s first-quarter revenues came in at $10,392 million, up 9.5% year […]
Ask Slim Market Week – Friday, April 20

Ask Slim Market Week – Friday, April 20

Stocks Fall Despite Mostly Great Earnings

Stocks Fall Despite Mostly Great Earnings

Stocks Fall Slightly As Tobacco Has A Bad Day On Thursday, the S&P 500 closed down 0.57%. American Express was up 7.6% and Amazon was up 1.9%, but the consumer staples stocks were slammed as they were down 3.14%. The sector had a rough day because Phillip Morris reported a weak quarter as the heat not […]
Forget Bitcoin, Consider Blockchain ETFs

Forget Bitcoin, Consider Blockchain ETFs

Audio length: 00:22:18 In this episode of ETF Spotlight, I talked with Eric Ervin, President and CEO at Reality Shares. Earlier this year, Reality Shares launched a blockchain ETF– the Reality Shares Nasdaq NexGen Economy ETF (BLCN – Free Report) .Blockchain is the technology that underpins bitcoin and other cryptocurrencies. After reaching record highs above $19,000 in […]
Fistfuls Of Dollars And The Good (Bitcoin), Bad (Bonds), & Ugly (Semis) Markets

Fistfuls Of Dollars And The Good (Bitcoin), Bad (Bonds), & Ugly (Semis) Markets

Take your pick – Good, Bad, or Ugly… Video length: 00:06:16 Good: The Dollar’s best week in over 4 months Silver’s best week in 4 months Bitcoin’s best 2-week gain in 4 months Not Good: 30Y Bond’s worst week in 3 months 10Y highest yield close since Dec 2013 Semi stocks worst week in a […]
Does The Rise In Oil Prices Tell A Wider Commodities Story?

Does The Rise In Oil Prices Tell A Wider Commodities Story?

On the latest edition of Market Week in Review, Mark Eibel, director, client investment strategies, and Sophie Antal-Gilbert, consulting director, discussed the rising trend for the price of oil and other commodities. Eibel labeled commodities the forgotten asset class and presented oil as a classic example of supply-and-demand. According to Eibel, there have been oil output cuts, […]