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Soybean Farmer Edition

Soybean Farmer Edition

Many observers have noted that the Chinese must eventually come to the US for some of their soybean needs, as the supply of Argentine and Brazilian soybeans are depleted and American soybeans are harvested. Current futures for November 2018 do not indicate a price recovery to pre-Trump tariff war levels, even if they do come. […]
August 11, 20018 Week In Review: How Trump’s Policies Moved Stocks

August 11, 20018 Week In Review: How Trump’s Policies Moved Stocks

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly: 1. CHINA TARIFFS: The Trump administration finished plans to implement new tariffs on $16B of Chinese imports to […]
NZD/USD Drop May Gain On Brexit, Turkish Financial Exposure Fears

NZD/USD Drop May Gain On Brexit, Turkish Financial Exposure Fears

New Zealand Dollar Fundamental Forecast: Bearish NZD OUTLOOK TALKING POINTS: Dovish RBNZ and concerns over European bank exposure to Turkey sent NZD/USD lower Local economic event risk for the New Zealand Dollar sparse, placing focus on sentiment Brexit and lingering Turkish fears can weaken stocks. USD may also act as a safe haven AUD/NZD may act as “risk neutral”, rising on better-than-expected […]
Papa John’s Announces Assistance Program For North America Franchisees

Papa John’s Announces Assistance Program For North America Franchisees

Papa John’s International, Inc. announced a new assistance program for its franchisees in the United States and Canada. This program has the full support of the company’s Franchise Advisory Council and the Papa John’s Franchise Association, and follows conversations with representatives from the FAC and PJFA to help address the sales and operating challenges following […]
RecessionAlert Weekly Leading Index Update – Saturday, Aug. 11

RecessionAlert Weekly Leading Index Update – Saturday, Aug. 11

The latest index reading came in at 18.4, up from the previous week. RecessionAlert launched an alternative to ECRI’s Weekly Leading Index Growth indicator (WLIg). The Weekly Leading Economic Index (WLEI) uses fifty different time series from these categories: Corporate Bond Composite, Treasury Bond Composite, Stock Market Composite, Labor Market Composite, Credit Market Composite. RecessionAlert emphasizes that WLEI […]
Week In Review: Shanghai Junshi Biosciences Files For $500 Million Hong Kong IPO

Week In Review: Shanghai Junshi Biosciences Files For $500 Million Hong Kong IPO

Shanghai Junshi Biosciences has filed for a Hong Kong IPO that is expected to raise up to $500 million (see story). Junshi is developing a pipeline of 13 biologic drugs, including immuno-oncology treatments. Its most advanced candidate, toripalimab, is a PD-1 mAb whose NDA is currently being reviewed in China as a second-line treatment for melanoma. Earlier this […]
Broad Market Not Participating

Broad Market Not Participating

MON Sector Strength – TUE Rates – WED Medium-Term – THU Commodities Currencies – FRI Sentiment – SAT Longer-Term The Short-Term Trend The short-term trend is down as of Friday. The Junk Bond chart shows the break in trend clearly. This chart below shows how the NYSE stocks remained reasonably healthy over the last few […]
EUR/USD Forecast Aug. 13-17 – Can It Recover From The Turkish Tumble?

EUR/USD Forecast Aug. 13-17 – Can It Recover From The Turkish Tumble?

EUR/USD collapsed on the Turkish crisis that threatens to cause some damage to euro-zone banks. Will it continue falling? The upcoming week features further fallout from this crisis and also all-important GDP figures. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Turkey is suffering from high inflation and […]
What $335 Billion In AUM Says About The Future For Emerging Markets, The Yuan And The Trade War

What $335 Billion In AUM Says About The Future For Emerging Markets, The Yuan And The Trade War

It’s a tedious time to be long emerging market assets. Thanks to Donald Trump’s policies, the dollar is caught in a self-feeding loop that seems to tip further greenback strength one way or another. Late-cycle fiscal stimulus is buoying the U.S. economy and raising the risk of an inflation overshoot, thus giving the Fed every reason to […]
Trump Praises Mexico, Threatens Canada With Tariffs On Cars

Trump Praises Mexico, Threatens Canada With Tariffs On Cars

President Trump says deal with Mexico moving nicely but Canada must wait, barriers too high.  Deal with Mexico is coming along nicely. Autoworkers and farmers must be taken care of or there will be no deal. New President of Mexico has been an absolute gentleman. Canada must wait. Their Tariffs and Trade Barriers are far […]