Category Archive: Finance
Sears Death Spiral Accelerates: Vendors Halt Shipments As Cost Of Default Insurance Soars
When we commented back in March on the unexpected “going concern” notice in Sears’ 10-K which sent the stock crashing, we pointed out the immediate spin provided by Eddie Lampert’s distressed retailer which promised that its comeback plan may help alleviate the concerns, “satisfying our estimated liquidity needs 12 months from the issuance of the financial statements”, […]
Yuan Outlook Mixed On PBOC’s Guidance, Chinese PMI
Fundamental Forecast for CNH: Neutral Asian Stocks, US Dollar Gain As Markets Look To Jackson Hole Debt Ceiling Fears Compete with Jackson Hole for Dollar Bearing The USD/CNH dipped 6.6419, the strongest level for the Yuan since September 15, 2016, following Fed Chair Yellen’s speech at the annual Jackson Hole meetings. The omission on Fed’s monetary policy in […]
Investing In Water – Recent Investment August 2017
I am still busy with investing in stocks, ETF’s, p2p lending etc. Although I said for the rest of the year I will concentrate more on investing on ETF’s I invested again in a European company. My last investment does not really fit into my dividend strategy. Although the company has a dividend yield of 4.1% I […]
Turkish Delight: Trading ‘The Great British Selloff’ Again
Amid the trials and tribulation of the greenback, it’s worth keeping the pound in your thoughts and prayers, because it too is having some trouble. Right up until the bearish dollar sentiment that accompanied Yellen’s comments in Jackson Hole helped the pound turn things around, sterling was on pace for its fourth straight week of […]
Plenty Of Small-Cap Earnings Still To Come
There aren’t that many large-cap earnings reports still to come, but plenty of small-cap companies have yet to report Q2 results. At this stage, Q2 results are awaited from only 9 S&P 500 index members, though the number of companies from the small-cap S&P 600 index yet to report results is 131. We have 67 […]
Ford To Abandon “Traditional Credit Scores” For Underwriting Decisions As Sales Stall
So, what do you do when your sales are stalling because you’ve already financed new cars for every man, woman and child with a credit score north of 500? Well, you simply abandon credit scores in the underwriting process and instead explicitly mandate that your loan officers approve every potential car buyer that walks through […]
DowDupont Will Be Included In Dow Jones Industrial Average Index
As many readers know, effective September 1, Dow Chemical (DOW) and DuPont (DD) will merge into one company, DowDupont (DWDP). Effective that same day, S&P Dow Jones Indices will replace DuPont, a component of the Dow Jones Industrial Average Index, with DowDuPont. S&P notes, “Replacing du Pont with the new DowDuPont allows the Dow Jones Industrial Average […]
Riding The Storm Out
Review & Update The Case For “Scenario 2” Q&A Videos Sector & Market Analysis 401k Plan Manager As loyal readers are already aware, I live in Houston. Normally, during the month of August, temperatures tend to compete with the surface of the sun while rain tends to be a more random occurrence. In other words, […]
Weekly Trading Forecast: Key Data Flow Keeps Fed, ECB In Focus
British Pound Forecast: GBP: Signs of Stability Begin to Emerge The British Pound fell again last week, as we forecast, but signs of stability were emerging by the week-end, suggesting that its decline may have come to an end, for now. Japanese Yen Forecast: Japanese Inflation Weak but Stable; Yen Trends Remain Elusive The four-month range in USD/JPY continued as […]
Recession Alert Weekly Leading Index Update
The latest index reading came in at 21.1, up from 20.8 the previous week. The RecessionAlert Twitter Feed, @RecessionAlert2, had an interesting observation about the indicator levels in February. RecessionAlert has launched an alternative to ECRI’s Weekly Leading Index Growth indicator (WLIg). The Weekly Leading Economic Index (WLEI) uses fifty different time series from these categories: Corporate Bond Composite, […]
