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Ramageddon Could Take The USD/ZAR Pair To 16

Ramageddon Could Take The USD/ZAR Pair To 16

When Cyril Ramaphosa was sworn in as the South African president, investors around the world were hopeful of the country. Money started to flow. They were impressed with the role of Ramaphosa to the liberation of the country. They were also impressed with his resume in business, which included the founding of one of the […]
Trump: ‘GDP Growth Eclipses Unemployment For 1st Time In 100 Years’

Trump: ‘GDP Growth Eclipses Unemployment For 1st Time In 100 Years’

Recently even CNN  has been forced to admit (begrudgingly) that President Trump “deserves at least some credit” for the contemporary economic boom in the US. And the president, of course, hasn’t been shy about giving himself credit (where credit is due, at least for now, even if it comes at the expense of a soaring budget deficit). […]
3 Signs That Inflation Is Under Control

3 Signs That Inflation Is Under Control

The 2-year US Treasury yield curve has been on everyone’s mind lately. Will the curve invert – and by how much? If it does, will we head into a recession? History tells us that when the curve inverts, a recession is likely because inflation is out of control. (An inversion typically happens when the Fed […]
5 Top-Ranked Nasdaq Stocks Defying The Worst September Start

5 Top-Ranked Nasdaq Stocks Defying The Worst September Start

After peaking at the end of the last month, the Nasdaq Composite Index logged in the fourth straight decline last week, slumping 2.6% — the worst start to September since 2008. The sluggish trading was stemmed from a steep sell-off in the tech sector, which came following the congressional scrutiny of social media companies and […]
What Is Flipkart’s Game Plan?

What Is Flipkart’s Game Plan?

Photo Credit: vignesh kumar/Flickr.com Last month, Walmart completed its $16 billion acquisition of a 77% stake in India’s leading online marketplace Flipkart. Since the acquisition was announced in May, Flipkart has been rolling up companies and has also launched a loyalty program to up its game against Amazon. Let’s take a closer look. Flipkart’s Recent Acquisitions […]
Japanese Investors Buy Treasuries And French Bonds And Sell Bunds And Gilts

Japanese Investors Buy Treasuries And French Bonds And Sell Bunds And Gilts

Japan reported a slightly larger than expected July current account surplus earlier today. The July balance has improved over June without fail since 2003. Japan’s current account surplus is not driven by the trade balance.  In fact, Japan recorded a trade deficit of JPY1 bln on a balance-of-payments basis in July, its third deficit in the […]
Tech Leadership Testing Key Breakout Test

Tech Leadership Testing Key Breakout Test

    Since the 2009 lows, Semiconductor ETF (SMH) has gained nearly 50% more than the S&P 500 (see upper left chart). The rally off the 2009 lows has it testing the highs of 2000, as it is creating what looks like a narrowing pennant pattern since the 2018 highs in March. After hitting the highs 6-months […]
US Dollar Reacts At Resistance: ECB, BoE Highlight This Week

US Dollar Reacts At Resistance: ECB, BoE Highlight This Week

FX TABLES SET FOR A BIG WEEK OF DATA It’s been somewhat of a slow open to September after an abnormally busy summer across FX; but with a fairly full economic docket for this week, the impasse may be soon giving way. The US Dollar has been in a state of flux since mid-August, with prior […]
10 Best Dividend Paying Stocks For The Enterprising Investor – September 2018

10 Best Dividend Paying Stocks For The Enterprising Investor – September 2018

There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected ten of the best dividend paying stocks for the Enterprising dividend stock investor.  These companies have the highest dividend yields among the undervalued companies reviewed by ModernGraham which are suitable for Enterprising Investor according to the ModernGraham approach. Defensive Investors […]
Secular Trends In Employment: Goods Producing Versus Services Providing – Monday, Sept. 10

Secular Trends In Employment: Goods Producing Versus Services Providing – Monday, Sept. 10

The Department of Labor has monthly data on employment by industry categories reaching back to 1939. At the highest level, all jobs are categorized in either Service-Providing Industries or Goods Producing Industries. The adjacent chart illustrates the ratio of the two since 1939. The latest monthly employment report showed a gain of 201K nonfarm payrolls, […]