Archives by Month:

Archives by Year:

E
                                                
                        Arguing About Fed Policy Is A Waste Of Time

E Arguing About Fed Policy Is A Waste Of Time

When government (or a President) claims that Federal Reserve policy is hurting the economy, they are either grandstanding or are ignorant about the function and purpose of the Federal Reserve. No one wants to see the economy suffer, anymore than they want to see a plague, or infectious disease, affect millions of people. And no […]
EUR/USD Creates Double Bottom And Gets Carried Away By Brexit Hopes

EUR/USD Creates Double Bottom And Gets Carried Away By Brexit Hopes

The EUR/USD kicks off November with a significant recovery. Progress on Brexit and calmer markets support the pair. The technical picture is looking balanced for now. The EUR/USD is trading closer to 1.1400 as a new month begins. The primary driver is Brexit. Brexit Secretary Dominic Raab expressed hope to reach a deal by November 21st. The […]
Don’t Invent Income!

Don’t Invent Income!

Seems like a no-brainer – why would anyone want to invent income? That just means you’ll have to pay tax, right? Not always, especially if the income is for a minor and is only a relatively small amount – say, enough to qualify for the maximum Roth IRA contribution, for example. This is a follow-up to the […]
Gold Rallied Amid Massive Turnout From Central Banks

Gold Rallied Amid Massive Turnout From Central Banks

The price of precious metal rose during Thursday’s trading on Thursday as the dollar fell after hitting a 10-week high in the previous session as private sector jobs rose more than expected Meanwhile, the specter of trade tensions has returned despite President Trump’s chief economic adviser cutting off market fears that have escalated over reports that the […]
Luxury Home Prices In Singapore Soar 13% As Vancouver Prices Crash 11%

Luxury Home Prices In Singapore Soar 13% As Vancouver Prices Crash 11%

Singapore has now overtaken Hong Kong as the top city for luxury home price gains in Q3. Luxury home prices in Singapore were up 13% in the third quarter from the year prior, according to Knight Frank LLP’s Prime Global Cities Index. The rising prices were partly the result of a limited supply of higher end properties. Hong […]
U.S. Median Household Income Hits New High In September 2018

U.S. Median Household Income Hits New High In September 2018

Median household income in the United States increased to $63,007 in September 2018, a 0.5% increase over Sentier Research’s August 2018 estimate of $62,685. The following chart shows the nominal (red) and inflation-adjusted (blue) trends for median household income in the United States from January 2000 through September 2018. The inflation-adjusted figures are presented in terms of constant September […]
Gold Extends Losses As Dollar, Stocks Rise

Gold Extends Losses As Dollar, Stocks Rise

Gold prices ended Wednesday’s session down $8.34 an ounce, pressured by an improved risk appetite in the marketplace. Global stock markets were mostly higher yesterday. Asian shares are up today, following gains in U.S. stock indexes. A strong U.S. dollar also worked against the precious metals markets. In economic news, Automatic Data Processing Inc. reported […]
Explanation Of The Housing Market

Explanation Of The Housing Market

The housing market is much slower moving than equities since stocks have high liquidity. While it seems like a bad thing when stocks are falling and it’s in all the headlines, liquidity is a positive. Not being able to find a buyer for your real estate will cost you either time or money, meaning you […]
Trump Is Not Thrilled. But What About Gold?

Trump Is Not Thrilled. But What About Gold?

Trump is going to influence the US monetary policy or even to destroy the Fed’s independence. This is what many analysts say after the recent President’s comments. But are they right? We invite you to read our careful examination of Trump’s remarks about the Fed’s policy and find out what does it imply for the independence of […]
AUD/USD Weekly Analysis – Thursday, Nov. 1

AUD/USD Weekly Analysis – Thursday, Nov. 1

AUD/USD extended its upside movement from 0.7020 to as high as 0.7133. Further rally is still possible and next target would be at 0.7159 resistance. Support is located at the rising trend line on the 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.