Category Archive: Finance
The Land Of The Falling JPY Aligns With Big Test For US Economy: SW Report
JPY drops past 114 per USD after victory helps validate view of gov’t supported JPY weakness NZD remains weak on new government formation that has similar ideology of Japan IGCS favors keeping an eye on further EUR strength against weaker FX (e.g., JPY, NZD, CAD) A stubborn block of JPY strength was removed from the market on Sunday. The broadly expected victory by Japanese […]
Why Governments Will Not Ban Bitcoin
Those who see governments banning ownership of bitcoin are ignoring the political power and influence of those who are snapping up most of the bitcoin. To really understand an asset, we have to examine not just the asset itself but who owns it, and who can afford to own it. These attributes will illuminate the political and financial […]
Kimberly-Clark Reports Q3 2017 Results And Confirms Previous Guidance
Kimberly-Clark Corporation (NYSE: KMB) today reported third quarter 2017 results and confirmed its previous guidance for full-year 2017 net sales and earnings per share. With brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depends, Kimberly-Clark holds No. 1 or No. 2 share positions in 80 of the 175+ countries their products are sold in. Third Quarter […]
Is A Taylor Tantrum On The Horizon?
Back in 2013 bond markets were jolted by the potential that the Fed would unwind its balance sheet more quickly than previously believed. The basic thinking was that QE puts downward pressure on interest rates so unwinding QE will put upward pressure on interest rates. That isn’t quite what happened, but markets are gonna market. […]
The US Stock Market Just Did Something It Has Never Done Before
It has now been 242 days since the US equity market dipped by 3% or more. That has never, ever, happened before. Rick Astley said it best…“never gonna let you down… or desert you”. It’s ironic then that stocks had their worst day in 6 weeks. GE schizophrenia shows the utter farce that this so-called ‘market’ has […]
Stocks And Precious Metals Charts – Too Much Capital In Too Few Hands
Markets reversed today from this morning’s action. Let’s see if this sets a trend, or is merely another inconsequential wiggle.
Updated Thoughts On General Electric (GE)
Knowing how much patience to exercise with an underperforming holding is one of the hardest (and often most humbling) challenges in investing, in my opinion. As a long-term dividend growth investor, when I purchase shares of a company, I hope to hold my ownership stake forever and keep portfolio turnover as low as possible. Of course, […]
Are ICOs Replacing IPOs?
Background image created by Dragana_Gordic – Freepik.com Last week I was in Barcelona speaking at the LBMA/LPPM Precious Metals Conference, which was attended by approximately 700 metals and mining firms from all over the globe. I found the event energizing and stimulating, full of contrary views on topics ranging from macroeconomics to physical investment markets […]
More Proof This Bull Market Will Last
Stocks are in a bull market. At least that’s what the price action is telling us. Skeptics argue that the bull market is built on a pile of sand. And, they warn, sand piles have a habit of collapsing suddenly. But the chart below shows the stock market isn’t ready to collapse. My Peak Velocity indicator shows this […]
GBP/USD: Threatening Further Upside On Corrective Recovery
The GBP/USD pair looks to follow through higher on the back of its Friday price recovery. Support lies at the 1.3150 level where a break will turn attention to the 1.3100 level. Further down, support lies at the 1.3050 level. Below here will set the stage for more weakness towards the 1.3000 level. Conversely, resistance […]
