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The Impact Of Fed Rate Hikes On Core Fixed Income

The Impact Of Fed Rate Hikes On Core Fixed Income

While fixed income strategists have called for rising rates in nearly every year since the financial crisis, 2018 has marked one of the worst starts for bond investors since 1996.1 With 10-year rates up more than 45 basis points (bps), many investors are questioning what if any changes they should be making to their portfolios. Central to […]
Largest US Radio Company Files For Bankruptcy

Largest US Radio Company Files For Bankruptcy

On Thursday, iHeartMedia – the largest radio conglomerate in the US – finally succumbed to its enormous debt burden and filed for a long-anticipated Chapter 11 bankruptcy protection (iHeartMedia Inc., 18-31274, U.S. Bankruptcy Court, Southern District of Texas) after the company and a majority of its creditors reached an agreement for a pre-pack deal to […]
EUR/USD, GBP/USD Bounce At Previous Tops Within Wave 4 Patterns

EUR/USD, GBP/USD Bounce At Previous Tops Within Wave 4 Patterns

GBP/USD 4 hour The GBP/USD made a break and pullback above the long-term resistance trend line (dotted red) and is now testing a lower time frame resistance level. The next break could be a bullish continuation within wave 5 (blue). Price will need to stay above the support trend lines (green) otherwise the uptrend is […]
Locating Distress In California’s Economy

Locating Distress In California’s Economy

California’s economy struggled in 2017, to the point where it was quite reasonable to ask if the state was experiencing a recession. In answering that question, we found that economic and employment data from multiple sources were consistent with recessionary conditions being present within the state, which is to say that some sectors of California’s economy were indeed […]
Sensex Finishes 150 Points Lower; Metal & Energy Stocks Fall

Sensex Finishes 150 Points Lower; Metal & Energy Stocks Fall

Indian share markets witnessed selling pressure in the afternoon session amid mixed Asian markets. At the closing bell, the BSE Sensex closed lower by 150 points and the NSE Nifty finished lower by 60 points. The S&P BSE Mid Cap finished up by 0.5% while S&P BSE Small Cap finished up by 0.8%. Losses were largely seen in FMCG stocks, oil & gas stocks and metal stocks. We […]
Manhattan Bridge Capital Aims For Improvements

Manhattan Bridge Capital Aims For Improvements

The Financial Services sector includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurances, Savings, and all such financial concerns. Today I’m reviewing a credit services company. It’s a small cap stock, Manhattan Bridge Capital Inc. It’s trading ticker symbol is LOAN.  Manhattan Bridge Capital Inc originates, […]
Stocks To Trade: CLR, EA, WTW

Stocks To Trade: CLR, EA, WTW

Thursday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long Continental Resources (CLR)   Long Electronic Arts (EA) Short Weight Watchers (WTW)
Amazon Japan Raided For Antitrust Violations, “Cooperation Payments”

Amazon Japan Raided For Antitrust Violations, “Cooperation Payments”

There was a time when the phrase “cooperation payments” evoked images of burly, muscle-bound goons, walking around town, sometimes armed with a baseball bat but usually relying only on their reputation of being able to extract cold hard cash from local merchants in exchange for “protection”. This morning in Japan, it appears nothing has changed. […]
What Event Will Sink The Stock Market? Yields? Tariffs? Trump?

What Event Will Sink The Stock Market? Yields? Tariffs? Trump?

The answer is not yields, tariffs, war, famine, or Trump; although any of those could contribute to the selloff. Here is a Tweet discussion leading up to the correct answer which will likely surprise many. Goldilocks vs the Bears @LizAnnSonders @hussmanjp @biancoresearch @TheBubbleBubble @JeffSnider_AIP @Hedgeye Is Goldilocks in the room or out of the room? […]
Will Higher Mortgage Rates Kill The Housing Market?

Will Higher Mortgage Rates Kill The Housing Market?

U.S. Mortgage Rates have risen for 9 consecutive weeks, hitting their highest levels since January 2014. Source Data: Freddie Mac That certainly seems like a sharp increase, but is 4.46% high? Only when compared to recent history, which includes the all-time low in yields from November 2012 (3.31%). In a historical context, mortgage rates today […]