Archives by Month:
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
Stocks Jump, Dollar Dumps As Powell Flip-Flops On Inflation
Who could have seen that coming? On Tuesday Fed Chair Powell proclaimed hawkishly: “CONFIDENCE ON INFLATION GETTING STRONGER“ 700 Dow points lower and VIX back above 20 and we arrive at this morning and Powell’s flip-flop: “NO STRONG EVIDENCE OF DECISIVE MOVE UP IN WAGES, MORE LABOR MARKET GAINS CAN OCCUR WITHOUT CAUSING INFLATION” So dovish […]
Jobless Claims: Ludicrous Mode
At the risk of sounding like a broken record, weekly jobless claims continue to amaze us. In this week’s report, first-time claims came in at 210K, which was 15K below the consensus estimate of 225K. The last time a weekly print came in that low was in 1969! It has now been seven straight weeks […]
Crude Oil Declines On Rising U.S. Stockpiles
Global crude oil prices declined on continuous rising U.S.crude inventories. U.S. crude stockpiles rose by 3.02 million barrels to 423 million last week, representing the fourth increase in five weeks, according to the Energy Information Administration report released on Wednesday. The highest level since December 2017 and more than the 3 million barrels projected by […]
When America’s Fiscal Crisis Hits, Be Forewarned That Tax Increases Will Make A Bad Situation Worse
At some point in the next 10 years, there will be a huge fight in the United States over fiscal policy. This battle is inevitable because politicians are violating the Golden Rule of fiscal policy by allowing government spending to grow faster than the private sector (exacerbated by the recent budget deal), leading to ever-larger budget deficits. I’m more […]
Allergan Slides After Mylan, Revance Report Deal For Botox Biosimilar
Shares of Allergan (AGN) are under pressure this morning after Mylan (MYL) and Revance Therapeutics (RVNC) announced an agreement for the development and commercialization of a proposed biosimilar to Botox. Meanwhile, the Food and Drug Administration extended the PDUFA date for Allergan’s uterine fibroid candidate, ulipristal acetate, with Credit Suisse analyst Vamil Divan arguing it […]
Why The Next Recession Will Be A Doozy
SALTA, ARGENTINA – “Stocks Slide After Powell Testimony,” reads a headline at Bloomberg. The Dow dropped 380 points yesterday, leaving February as the worst month in two years. What did the new Fed chief say? Only that he thought the economy was doing so well that the Fed would be able to continue raising rates […]
4 Inverse ETFs That Soared More Than 20% In February
February was the month of heightened volatility as rising concerns over faster-than-expected rates hike continued to shake the complacency off the stock market. This is especially true as the CBOE Volatility Index (VIX), also known as the fear gauge, traded in a wide range of high of more than 50 to a low of 12.50. […]
Hamilton Lane Announces Pricing Of Class A Common Stock Offering
BALA CYNWYD, Pa., Feb. 28, 2018 (GLOBE NEWSWIRE) — Private markets asset management firm Hamilton Lane Incorporated (Nasdaq: HLNE) (“Hamilton Lane”) today announced the pricing of a public offering by Hamilton Lane and certain selling stockholders of 3,940,000 shares of Class A common stock, in the aggregate, at a price to the public of $34.25 per […]
Amazing But True: ‘Risk On’ Indicator Turning Bullish, Good For Stocks
Junk Bonds, in conjunction with other indicators, could provide decent clues about stock markets future direction. We do not consider it a primary indicator but we are definitely keeping its price action on our radar. Our article today will cover why. Before we look into the junk bonds performance and what they are indicating, we […]
Funding Infrastructure: Why China Is Running Circles Around America
“One Belt, One Road,” China’s $1 trillion infrastructure initiative, is a massive undertaking of highways, pipelines, transmission lines, ports, power stations, fiber optics, and railroads connecting China to Central Asia, Europe, and Africa. According to Dan Slane, a former advisor in President Trump’s transition team, “It is the largest infrastructure project initiated by one nation […]
