Category Archive: Finance
This Will Be The Biggest Buyer Of Stocks In 2018
In July, many were surprised to learn (even though we have shown this many times prior), that according to Credit Suisse analysts there has been just one buyer of stocks since the financial crisis: the corporate sector, also known as “stock buybacks.” Well, don’t change the channel, because according to Goldman’s just-released forecast of fund flows in 2018, […]
Gold Comes From Neutron Star Collision
Gold comes from the merger of neutron stars. How cool is that? We always maintained that gold is a unique element and an investment. Its extraordinary features were the very reason why people chose the yellow metal as money. Just think about it: there are more than 100 elements, but it was gold that became a market medium […]
General Motors Downgraded To Equal Weight At Morgan Stanley
As previously reported, Morgan Stanley analyst Adam Jonas downgraded General Motors to Equal Weight from Overweight following the stock’s 40% rise over the past year, which he attributes to investors having “finally noticed” the company’s “bold and difficult moves” to reposition the core business. However, he believes the consensus view is now that GM […]
China’s Minsky Moment
Sometimes you have to love the naivety of the markets. At this week’s Communist Party Congress meeting in Beijing, the governor of the PBoC (People’s Bank of China) said the following; “If we are too optimistic when things go smoothly, tensions build up, which could lead to a sharp correction, what we call a ‘Minsky […]
Steep Skews A Bearish Signal?
(Video length 00:04:12) Steve Sosnick, Chief Options Strategist at Interactive Brokers, discusses possible reasons for steep skews and dampening volatility.
Canadian Dollar Falls On BOC Rate Decision – USD/CAD Hits High Resistance
The Bank of Canada decided to leave the interest rate unchanged at 1% as expected and seems to be in no rush to raise rates anytime soon. They talk about “caution” regarding further hikes even though other statements are relatively upbeat about the economy. The BOC sees the economy as running close to its potential […]
Is A Rapid Advance In The Japanese Stock Market Imminent?
The Japanese stock market is quite unique: it would need to rally by approximately 80% to reach its former historical peak. What’s more, said peak was attained on the final trading day of 1989, more than 25 years ago. In short, Japanese stocks have been anything but a good investment. Japanese market about to break […]
FHFA House Price Index: Index Up 0.7% In August
The Federal Housing Finance Agency (FHFA) has released its U.S. House Price Index (HPI) for August. Here is the opening of the report: Washington, D.C. – U.S. house prices rose in August, up 0.7 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.2 […]
2018 IPO Prospects: Lyft May Go Public Sooner Than Uber
2018 IPO Prospects: Lyft may go Public Sooner than Uber Posted on Wednesday, Oct 25th 2017 Earlier this year, I had observed how it may be a while before we see the IPOs for ride-sharing apps like Uber and Lyft. For Uber, that prophecy appears to be holding good considering the widespread scandals surrounding the company with reference […]
Nasdaq Reports Third Quarter 2017 Results; Delivers Strong Profitability And Income Growth
Net revenues1 were a record $607 million in the third quarter of 2017, an increase of 4% compared to the third quarter of 2016. Subscription and recurring revenues, which includes revenues from our Corporate Services, Information Services, and Market Technology segments, as well as our Trade Management Services business, increased 5% compared to prior year period […]
