Category Archive: Finance
Hilton Reports Exceptional Second Quarter Results, Raises Full Year Outlook
Hilton Worldwide Holdings Inc. (HLT), a leading global hospitality company with a portfolio of 14 world-class brands comprising more than 5,000 properties with over 825,000 rooms in 103 countries and territories reported exceptional second quarter fiscal results. The company’s portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by […]
The Fed Remains On Course – To Trouble
The Federal Reserve (Fed) is widely expected to continue to tighten its monetary policy this year. According to a latest Reuters Poll, the Fed is likely to start shrinking its US$4 trillion balance sheet in September and, moreover, raise further its key interest rate, which is currently standing in a range of 1.0 to 1.25 […]
Why This Iconic 5.2% Yielder Is On The Verge Of A Downgrade
Since I reviewed Ford’s (NYSE: F) dividend safety a year ago, the stock has received an upgrade. Last year, the rating was not particularly high due to declining cash flow and the fact that it eliminated its dividend in 2006. The recent upgrade occurred because the elimination of the dividend aged out of the system. One of […]
U.S. Recession Probability Low After Fed’s July 2017 Meeting
The Federal Open Market Committee (FOMC) are the decision makers at the Federal Reserve who meet every six weeks to decide how to set short term interest rates in the United States. They held their most recent meeting on Wednesday, 26 July 2017 where, frankly, they didn’t decide on very much…. The Federal Reserve kept interest rates unchanged on Wednesday […]
FOMC July Meeting – Three Things We Have Learned
FOMC July Meeting – Three things we have learned The two-day FOMC meeting concluded yesterday with the release of the monetary policy statement. With no press conference scheduled, the markets were widely expected to see no changes. As expected the US Federal Reserve kept the policy rate unchanged. The Fed also maintained that it would […]
Gold Markets Rallying Toward $1260
Gold markets have been very choppy and volatile as of late, and of course the Wednesday session was always going to be interesting as the FOMC released an interest rate announcement and of course statement. Now that we have had that, and it has been a bit dovish, the gold markets turned around and rallied […]
Stocks Watchlist: CRM, VEEV, GS
Today’s stock picks Long Salesforce (CRM) Long Veeva Systems (VEEV) Short Goldman Sachs (GS)
US Dollar Continues Downtrend After Fed Leaves Rates Unchanged
EUR/USD 4 hour As expected the Federal Reserve (Fed) left the interest rates unchanged for the US, which caused the US Dollar to weaken against multiple currencies, including the Euro. Prior to the FOMC statement in the US, the EUR/USD retraced back to the 23.6% Fibonacci level of wave 4 vs 3 but price bounced […]
Trading The US Q2 2017 GDP With EUR/USD
The “new normal” of economic growth has been around 2-2.5%. In 2016, overall GDP growth stood at 1.6%. Economic activity decelerated in the first quarter of 2015 to 1.4% annualized. The euro-zone has surpassed the US in growth. Everybody is expecting a pickup in the second quarter, to around 2.5% annualized, but there are reasons […]
Dr.Copper’s False Hope – “We’ve Seen All This Before, Too Many Times”
Copper prices surged to the highest levels since May 2015 in the last few days, prompting the ubiquitous “must mean the economy is doing well” narrative from every hope-fuelled reflationist. There’s just one problem, we’ve seen all this before too many times. The most recent spike in copper prices has been explained by the news that China may ban imports […]
