Category Archive: Finance, No picture
Gold Prices Test 2015 Uptrend Support Ahead Of Jackson Hole
Fundamental Forecast for Gold:Bullish GOLD TALKING POINTS: Gold prices drop into multi-year uptrend support; haven flows battling USD strength What’s driving gold prices? Review DailyFX’s 2018 Gold Projections Gold prices are lower for a sixth consecutive week with the precious metal plummeting nearly 2.6% to trade at 1179 ahead of the New York close on Friday. Despite the magnitude of […]
Weighing The Week Ahead: A Message From Jackson Hole?
The economic calendar is light, and many are already on vacation. Even actual economic news has not competed with the ‘what can we talk about on a slow Friday’ story over the last few weeks. The real news this week begins with the FOMC minutes on Wednesday and ends with Chairman Powell’s speech Friday morning. […]
Book Review: Faber, The Best Investment Writing, Vol. 2
If you didn’t read the first volume of Meb Faber’s The Best Investment Writing (and you should have and of course still can), you’re got another crack at learning from a lot of smart folks who collectively manage hundreds of billions of dollars. The second volume of The Best Investment Writing (Harriman House, 2018) includes more than 40 articles, and, since […]
Weekly Forex Forecast – Sunday, August 19
GBP/USD The British pound had a very indecisive week, and I think this could be the first signs of life. If that’s the case, buying the dips could work out, but as soon as we break down below the lows of the week, that would be very dangerous. I would be much more comfortable buying […]
EURUSD: Halts Weakness, Eyes Further Recovery Higher
The EURUSD pair looks to correct further higher in the new week as it faces further recovery threats. On the upside, resistance comes in at 1.1450 level with a cut through here opening the door for more upside towards the 1.1500 level. Further up, resistance lies at the 1.1550 level where a break will expose the […]
Growth & Income? Try Pipelines
The chart below is a sobering one for pipeline investors. Over the past five years, the S&P has returned 13.1% p.a., versus -2.7% for the Alerian MLP Infrastructure Index (AMZIX). An allocation to AMZIX contributed almost a 16% p.a. performance drag, such that $100 invested in the S&P500 in July 2013 would now be worth […]
A Chinese Frankenstein, Fallen Angels, And A Pitch To Buy T-Note
Articles I’m reading — Hayden Capital’s latest investor letter is out and as always, it’s a great read. Fred Liu, Hayden’s managing partner, has quickly become one of my favorite investors to follow. Each of his letters offer a master class in fundamental value investing. In his latest, he talks about the global competitive landscape, […]
Five Traps In The Week Ahead
Turkey: Officials have taken steps to make it more difficult and more expensive to short the lira, but that did not prevent a 5% slide ahead of the weekend. There is no interest rate, within reason, that can compensate for such currency risk. When S&P cut its sovereign credit rating to B+ from BB- and […]
