Category Archive: Finance
Indian Indices Continue Momentum; Sensex Up Over 300 Points
After opening the day on a positive note, stock markets in India have continued their momentum. Sectoral indices are trading on a positive note with stocks in the realty sector and telecom sector witnessing maximum buying interest. The BSE Sensex is trading up 310 points (up 0.9%) and the NSE Nifty is trading up 98 points (up 1%). Both – the BSE Mid Cap index is trading […]
How Tax Reform Will Net The US Big Returns
In December 2017, US President Donald Trump signed into law his country’s first major tax reform since the Reagan era. Sometimes new legislation is seismic in its effects, directly altering the playing field on which the citizens of the country operate. At other times, a new law can serve as a useful signpost for greater changes that […]
Dollar Struggles Ahead Of Fed Announcement
The Federal Reserve’s two-day policy meeting will end later today, and traders worldwide are eagerly awaiting the central bank’s announcement, which is expected to include an interest rate hike and hints towards future hikes. The greenback struggled against its primary trading partners, searching for direction just after noon in Hong Kong on Wednesday. The dollar index hit […]
USDCAD Daily Analysis – Wednesday, March 21
USDCAD broke below 1.3040 support, suggesting that the uptrend from 1.2803 had completed at 1.3124 already. Range trading between 1.2870 and 1.3124 would likely be seen over the next several days. However, as long as 1.2870 support holds, another rise towards 1.3200 is still possible.
EURUSD: Pair Corrects Ahead Of FOMC Decision
Previous: On Tuesday the 20th of March, trading on the EURUSD pair closed down. The euro was driven down by weak data from Germany and the Eurozone, as well as a broadly resurgent dollar in light of a rise in US bond yields and a collective adjustment of positions in anticipation of the FOMC meeting. US10Y […]
Is The S&P 500 The Best Investment For The Future?
Before this article receives hate comments from both bullish and bearish investors, the purpose of this article is to discuss the average historical and projected lifespan of companies included in the S&P 500 index, as well as discussing whether the S&P 500 should be considered as an active manager going forward, rather than a passive […]
US-Canada Bilateral Trade Balance In Goods And Services At Quarterly Frequency
Is the trend more important than if there is actually a surplus or deficit, as one commenter suggests? On a bilateral basis, I don’t think either is particularly important, but as a matter of fact I think we need to verify that the US-Canada bilateral trade balance in goods and services is (barely) positive in 2017, and trending upward on […]
The Blind Interviewing The Blind; Or, Bubble Time
At the end of last month, the Brookings Institute hosted a conversation where one of their most distinguished current scholars introduced and interviewed one of their newest. The former was former Federal Reserve Chairman Ben Bernanke welcoming the latter, former Federal Reserve Chairman Janet Yellen. Listening to them talk was a total delight (thanks T. Tatteo for […]
Tax Rule Change Crashes Pipeline Stocks
Last week, the stock prices of one particular class of companies crashed after regulators at the U.S. Federal Energy Regulatory Commission acted to terminate a tax benefit that it had previously allowed. Here’s an excerpt from the FERC’s official 15 March 2018 press release: FERC Revises Polices, Will Disallow Income Tax Allowance Cost Recovery in MLP […]
WTI Crude Oil And Natural Gas Forecast – Wednesday, March 21
WTI Crude Oil The WTI Crude Oil market rallied significantly during the trading session on Tuesday, reaching towards the $64 level before pulling back slightly. We gained over 2%, which of course is a very bullish sign and suggests that perhaps we will continue to see buyers jump into this market. Not only do we […]
