Category Archive: Finance
Chinese Economy And Gold
In the 2015 October edition of the Market Overview, we analyzed the impact of the Chinese slowdown, as well as the stock market crash and the devaluation of yuan, on the gold market. Two years later, it is worth providing investors with an update about the second biggest economy in the world, especially since the 19th […]
Why Tax Cuts Are Such A Heavy Lift
The Senate has passed its version of the annual budget resolution, which would permit a simple majority to pass a $1.5 trillion 10-year tax cut. That’s a modest amount—only about three-quarters of a percent of GDP—and factoring in some revenue gains from increased economic growth, it would increase the budget deficit by no more than one-fifth—likely […]
Sugar Or No Sugar With Your Coffee?
Good day to all and happy Friday… Today, I enjoy my coffee with a bullish attitude as I am expecting prices to bottom and turn around from 122-123 upwards. #COFFEE #KC one more new low with a new divergence in the RSI would be a nice buy setup pic.twitter.com/ihgTa2j9qd — Alexandros Yfantis (@alexanderYf) October 13, […]
WTI Crude Oil And Natural Gas Forecast – Friday, Oct. 20
WTI Crude Oil The WTI Crude Oil market fell during the day on Thursday, reaching towards the $51 level. There is a significant amount of support below though, so even if we pull back from here, I suspect that the buyers will come back rather soon. With this being said, I think it’s only a […]
Tax Prospects Lift Rates And Dollar Ahead Of Weekend
The US Senate approved a budget resolution that is a necessary step toward using a parliamentary maneuver that prevents the Democrats to block tax reform by filibuster. This has helped spur dollar gains against all the major currencies and nearly all the emerging market currencies. The US 10-year yield is extending this week’s rise. It was […]
Above-Forecast Canada CPI To Derail USD/CAD Rebound
Another 0.4% rise in Canada Retail Sales paired with marked pickup in the Consumer Price Index (CPI) may derail the near-term rebound in USD/CAD as it encourages the Bank of Canada (BoC) to further normalize monetary policy over the coming months. After delivering two consecutive rate-hikes, recent comments from Governor Stephen Poloz and Co. suggests the central bank will […]
Great Expectations – Stock Market Breaks 2017 Pattern In Strong Pre-Earnings Rally
A persistent theme for 2017 has been stocks surging to record highs during each quarterly earnings cycle. The first three-quarters of 2017 earnings have seen a series of 6-week explosions to the upside: February, April-May, and July. In fact, removing these three 6-week surges would leave the stock market completely flat for the year through August. The […]
Hedge Fund Strategies In The Aftermath Of Global Crisis
Mariya Domina Repiquet, a candidate for the Master of Science in international finance at the University of Strasbourg, has written a paper analyzing hedge fund investment styles and strategies just after the global financial crisis, that is, in the period 2009-10. The work combines a trip down memory lane (important memories, an important lane) and a […]
U.S. Dollar Rises From The Ashes
After a disastrous year, the U.S. dollar has finally shown signs of real progress. Earlier this month, the U.S. dollar index (DXY) jumped to its highest level since August on political support and weakness from other major currencies. The dollar index, a measure of the greenback against a basket of six peers, reached a settlement […]
Two Different Approaches To Economics And One Approach To Pseudo-Economics
by Philip Pilkington In the comments to my piece on Janet Yellen the hypocrisy of my position was pointed out, as it so often is, by a certain reader of this blog. What was my hypocrisy on this particular occasion? It was the fact that I complained about Yellen’s obsession with ‘closing’ models but, in other circumstances, […]
