Category Archive: Finance
Durable Goods Orders Bounce In September – Remain Below 2007 Highs
While total durable goods orders have stagnated below 2007 highs for the last 4 years, thanks to a better-than-expected 2.2% jump in September, the YoY gain was an impressive-sounding 8.3% (the 8th month in a row of annual gains). Context is king… Under trhe covers, eveything was rosy: U.S. Sept. Durable Goods Orders Rise 2.2%; Est. Up 1% […]
Aussie Dollar Dips On Data
The Australian Dollar tumbled about 0.8% versus the US Dollar after Aussie inflation data disappointed market players. The Australian Bureau of Statistics reported that 3rd quarter CPI unexpectedly slowed, both quarter-over-quarter and year-over-year, to 0.6% and 1.8%, respectively, below expectations of 0.8% and 2.0%. On a quarterly basis, CPI was still above the last quarter […]
What Makes A Good Economic Model?
In order to make the data “talk,” economists utilize a range of statistical methods that vary from highly complex models to a simple display of historical data. It is generally held that by means of statistical correlations one can organize historical data into a useful body of information, which in turn can serve as the […]
Enbridge Inc Stock Struggles To Keep Up With The Market
As far as the stock market goes, pipeline companies are about as safe as investors could ask for. The dividends are relatively stable and the Beta is often less than 1.0. Beta is simply a calculation that represents the tendency of a stock’s returns to respond to swings in the general market. It’s determined by […]
The Price And Maria
The bullish fundamentals on oil are becoming more apparent as both Saudi Arabia and Russia are signaling that they are committed to reducing the global oil supply glut and that they are signaling an extension of the current production cut agreement to the end of the year. Yet, it was comments by Saudi Crown Prince […]
Founding Trio Of $158 PE Titan Carlyle Is Stepping Down From Day To Day Operations
Carlyle, the favorite private equity firm of Washington D.C. and the “military industrial complex”, has named two executives as successors to the ageing founders of the $158 billion fund, the latest rare move in an industry where similar succession plans are not usually telegraphed in advance. Kewsong Lee and Glenn Youngkin have been appointed as […]
Will The Next Fed Chair Be “Taylor-Made” For The Position?
In the midst of everything else that is making headlines in Washington, D.C., of late, one of the more interesting storylines concerns who the next Federal Reserve (Fed) chair will be. As a reminder, the term of the current chair, Janet Yellen, is scheduled to end on February 3, 2018. The process for finding a potential successor […]
Bull Of The Day: PayPal
Headquartered in San Jose, CA, PayPal Holdings (PYPL – Free Report) is a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. The company was spun-off from eBay in 2015. They facilitate customers to pay and get paid, withdraw funds from their bank accounts and hold balances in their PayPal accounts […]
Today’s Trades 10.25.2017 – NZD/USD, EUR/USD, GBP/JPY
Its another mixed day for the U.S. dollar, which is trading lower against European currencies and higher versus the Japanese Yen and comm dollars. AUD and NZD are singing to their own tunes with weaker data and political troubles hampering their gains. CAD on the other hand remains weak ahead of the Bank of Canada’s […]
This Extreme Situation Can Help You Bank Massive Profits
We’ve seen time… and time… and time again just how large a part human emotion plays in big market moves. Whether it’s classic Greenspan-ian “irrational exuberance” at market tops, bidding up everything from tulip bulbs to dot-com stocks, or – less so these days – despair that catches like wildfire, sending otherwise perfectly sound stocks […]
