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Hurricane Florence

Hurricane Florence

There has never been a storm quite like this. If Hurricane Florence makes landfall in North Carolina or Virginia, as a Category 4 storm, it will be the first storm of such a strong magnitude to hit so far north. If it impacts, damage will be major, and we pray that there are no fatalities. […]
Is There Any Gold In Jackson Hole?

Is There Any Gold In Jackson Hole?

No, we are not in Wyoming. But we have carefully followed the Fed’s key conference in Jackson Hole. What does the recent central bankers’ meeting in Wyoming imply for the gold market? Why Powell Was Dovish in Jackson Hole The Fed’s annual Jackson Hole Symposium, entitled this year “Changing Market Structure and Implications for Monetary […]
August 2018 Small Business Optimism: Shatters Record Previously Set 35 Years Ago

August 2018 Small Business Optimism: Shatters Record Previously Set 35 Years Ago

from the National Federation of Independent Business The Small Business Optimism Index soared to 108.8 in August, a new record in the survey’s 45-year history, topping the July 1983 highwater mark of 108. The record-breaking figure is driven by small business owners executing on the plans they’ve put in place due to dramatic changes in […]
US Equity Bull Run: Second Longest Based On Economic Expansions

US Equity Bull Run: Second Longest Based On Economic Expansions

How old is the bull market in US stocks? By some accounts, we’re knee-deep in the oldest run on record. But some analysts beg to differ. Thanks to several possibilities for measuring such things, there’s a debate about the appropriate methodology for dating the age of the current run-up in stock prices. Here’s one more: measuring the bull market […]
Buy These 3 Franklin Templeton Funds For Striking Gains

Buy These 3 Franklin Templeton Funds For Striking Gains

With around $737.5 billion assets under management as of Mar 31, 2018, Franklin Templeton Investments is a well-known global investment management firm. The company offers investment management strategies and integrated risk-management solutions to individuals, institutions, pension plans, trusts, and partnerships. Founded in 1947, Franklin Templeton Investments prides itself in offering “exceptional asset management” to its […]
Bubble Watch: The Fed Has Burst The Everything Bubble

Bubble Watch: The Fed Has Burst The Everything Bubble

The Fed has burst the Everything Bubble. No one has noticed it. Indeed, everyone in the US seems to be blissfully unaware. But the reality is that the massive bubble created between 2008 and 2018 is in the process of bursting. And the Fed was the needle. If you think I’m being dramatic, consider what […]
E
                                                
                        Markets: Uneven

E Markets: Uneven

Driving requires a good road and a good operator. Trading requires a good market and balanced risk-takers. There is an interesting divergence in moods for business and consumers around the world. The compare and contrast clearly helps to explain why the USD, US rates and US stock market has a different momentum and trajectory for […]
New Record High For The NFIB Small Business Optimism Index

New Record High For The NFIB Small Business Optimism Index

The National Federation of Independent Businesses (NFIB) reported that August’s Small Business Optimism Index set a new record high at 108.8. The prior high mark for the index was set 45-years ago (July 1983) when the index reached 108. NFIB’s President & CEO, Juanita Duggan, stated in the report, “Today’s groundbreaking numbers are demonstrative of what I’m […]
Tesla Downgraded To Neutral From Buy At Nomura Instinet

Tesla Downgraded To Neutral From Buy At Nomura Instinet

Nomura Instinet analyst Romit Shah downgraded Tesla (TSLA) to Neutral from Buy and cut his price target for the shares to $300 from $400. The electric carmaker closed yesterday up $22.26, or 8.5%, to $285.50. In a research note titled “No Longer Investable,” Shah expresses concern that the “erratic behavior” of CEO Elon Musk will […]
Morning Call For Tuesday, Sept. 11

Morning Call For Tuesday, Sept. 11

Overnight Markets And News Sep E-mini S&Ps (ESU18 -0.31%) this morning are down -0.20% and European stocks are down -0.37% on global trade concerns after Reuters reported that China asked the World Trade Organization (WTO) for authorization to impose trade sanctions on the U.S. Losses in European stocks were contained after the German ZEW economic confidence […]