Category Archive: Finance
Natixis Warns, US Economy Will “Slow Down Substantially” In 2018
As US GDP growth rises at 3% or more for the second quarter in a row, French investment bank Natixis urges investors to prepare for the U.S. economy to “slow down substantially” as early as 2018. Video length: 00:00:53 Patrick Artus, chief economist at Natixis, warned that the current level of corporate investment is “abnormally high” and suggested a downward […]
Weekly Forecast: A Crowded Field With Fed, BoE, BoJ And NFPs Ahead
The economic docket is packed with high profile market-moving event risk through the coming week. A key theme to emerge from this run will be monetary policy with the Fed, BoE and BoJ all on tap. The question is whether this packed schedule will translate into more productive volatility. US Dollar Forecast: US Dollar Rally Sees Risks […]
Trump Will Announce New Fed Chair Next Week: It Won’t Matter
Round robin speculation on the next Fed chair shifted for the third time this past week. In April, Gary Cohn had the inside track. Then speculation shifted to John Taylor. Now the speculation is on Fed governor Jerome Powell. President Donald Trump said Friday he would announce his choice for the next leader of the […]
AUD/USD Forecast Oct. 30 – Nov. 3 2017
The Australian dollar was under pressure after inflation figures disappointed, dropping to the lowest levels in three months. Trade balance and retail sales stand out as we turn the page to November. Here are the highlights of the week and an updated technical analysis for AUD/USD. Australian inflation failed to meet expectations in Q3, rising by only […]
What Could Pop The Everything Bubble?
As central bank policies are increasingly fingered by the mainstream as the source of soaring wealth-income inequality, policies supporting credit/asset bubbles will either be limited or cut off, and at that point all the credit/asset bubbles will pop. I’ve long held that if a problem can be solved by creating $1 trillion out of thin […]
Longer-Term Outlook, Saturday
It is a good sign for the stock market when Regional Banks are participating in the advance because it indicates rates are rising due to some strength in the economy. So how do we interpret this chart below that shows the Regionals trending sideways all year? First, I would say they got ahead of themselves […]
Global Markets Remain Upbeat
Global markets continued to remain buoyant in the week gone by. The US markets ended higher by 0.6% on the back of a tech rally fueled by strong quarterly performance by IT heavyweights such as Amazon, Microsoft, Alphabet and Intel. Even the U.S. dollar rallied backed by a brightening outlook for tax cuts, better-than-expected third […]
ECB Tapers QE Exactly The Amount Expected
On Thursday the ECB released its plan for QE for 2018. It was exactly as expected as the bond buying was cut in half to 30 billion euros per month for 9 months and then lowered to nothing over the next three months. Draghi made some missteps this year with the way he handled guidance, […]
Industrials ETFs In Focus On Q3 Earnings
The earnings season is off to a flying start with equity markets scaling record highs, owing to a slew of upbeat economic data, strong corporate performance and President Donald Trump’s tax reform proposal. However, the performance has been a mixed bag for industrials companies, with some beating market expectations, while a few failed to do […]
