Category Archive: Finance
Everything Is Wonderful… Ex-Energy, Ex-Retail And Ex-Banks
As long as central banks around the globe are creating monetary credits at a breakneck clip of $200 billion per month, assets from stocks to real estate to higher yielding securities may have a floor underneath them. In particular, saber rattling in North Korea, government shutdown threats, natural disasters from Harvey to Irma, slower job […]
The Startups That Are Making Cryptocurrencies And The Blockchain Incredibly Easy To Use
We see how fast cryptocurrencies are growing. Going from a market cap of $20 billion at the beginning of the year to $148 billion today, cryptocurrencies have been on a tear. One of the more remarkable aspects? It’s expanded in spite of the difficulties that come with buying and selling cryptocurrencies. Sometimes it’s not easy […]
September 2017 Beige Book: Reading Between The Lines – Rate Of Economic Expansion Improved
The consolidated economic report from the 12 Federal Reserve Districts (Beige Book) stated “expanded at a modest to moderate pace across all twelve Federal Reserve Districts in July and August“. The previous report stated “the pace of growth ranging from slight to moderate“. Analyst Opinion of this month’s Beige Book Seems like the rate of […]
Copper Leading The Australian Dollar?
We are long AUD/USD and looking forward to the pair playing some catchup with copper prices. The chart below compares weekly copper futures prices to the AUD/USD spot price. Copper has moved above a key intermediate-term swing resistance level; Aussie has not. The bottom pane of the chart shows the 10-year benchmark spread between Australia […]
Dave & Buster’s Share Drop On Forward Earnings Guidance
Dave & Buster’s Entertainment, Inc. (NASDAQ: PLAY) Shares of the family entertainment and dining company Dave & Buster’s, sold off hard in the after-hours session after they reported their earnings on Tuesday September 5th 2017. Even though revenues increased 14.9%, comparable store sales increased 1.1%, net income increased and they reported that they repurchased approximately […]
Gold Is Making A Comeback At The Center Of The International Monetary System
Physical gold is about to mark its return at the center of the settlement system for oil transactions – a first step toward a reintroduction at the center of the international monetary system. The months and years to come shall mark a radical change within the international monetary system, driven by China and the oil […]
Long-Term Trends In Employment By Age Group – Wednesday, September 6
Note: This commentary has been updated with the latest numbers from last week’s Employment Report. The Labor Force Participation Rate (LFPR) is a simple computation: You take the Civilian Labor Force (people age 16 and over employed or seeking employment) and divide it by the Civilian Noninstitutional Population (those 16 and over not in the military […]
Online Travel Agencies Slide After Trivago Cuts Guidance
The shares of online travel agencies are falling after one of the companies in the sector, Trivago (TRVG), lowered its 2017 guidance. GUIDANCE CUT: Trivago now estimates that its 2017 revenue will increase 40%, down from its previous estimate of a 50% gain. The company predicted that its earnings before interest, taxes, depreciation, and amortization, […]
Emerging Markets Are Still A Bargain
When I used to be a journalist, one of the rules of the game was to “follow the money.” As an investor, the rules are still the same… Follow the money — in this case, into emerging markets. Back in mid-July, I wrote a story for Winning Investor Daily entitled “Wall Street Rushes Into Global Stocks” and […]
Gold Price In September 2017
It was not so long ago, when we wrote about the record-breaking volume in gold. We described the implications of the extreme monthly volume and we discussed the very high readings in case of the individual sessions. We even described these sessions as the most important sessions of the year – at that time. Well, […]
