Category Archive: Finance
Hidden Trigger For Another (Flash) Crash: Passive Investing
Back in December 2013, we put “passive investors” in the Danger Zone for not recognizing that they are actually making active management decisions while skipping out on the due diligence of knowing what they own. We showed how it is practically impossible to make a “passive” choice given the sheer number of index fund options in almost […]
3 Strong Buy Eaton Vance Mutual Funds For Your Portfolio
Eaton Vance Corp. (EV – Free Report) manages worth more than $380.9 billion of assets (as of March 31, 2017). Also, it aims to provide the best investment solutions to individual and institutional investors, family office and high-net-worth investors, and financial professionals. Founded in 1924, Eaton Vance is headquartered in Boston, Massachusetts. The company has offices in […]
Forex: Top Three Price Action Themes For This Week
Ever since the Brexit referendum, there’s been the fear that the ‘sharp repricing’ in the value of the British Pound would lead to unsavory levels of inflation. We were warned of as much by BoE Governor Mark Carney before the referendum ever happened; that a decision by voters to leave the EU would drive the value […]
Indicator Review: Not Much To Complain About
Good Monday morning and welcome back. It’s the start of a new week so let’s get right to our objective review the key market models and indicators and see where things stand. To review, the primary goal of this weekly exercise is to remove any subjective notions I might have in an effort to stay […]
Yellen Testimony Sparks Fresh Rally In Global Stocks
Following testimony by Federal Reserve Chairwoman Janet Yellen, Wall Street and European stocks surged last week, as investors weighed her dovish commentary. The week also saw an interest rate hike by the Bank of Canada (BOC) and mixed U.S. data releases. Yellen Testimony Dovish U.S. stocks logged multiple record highs after Yellen testified before both […]
Asian Stocks Soar To 9-Year High: ‘The Bar Has Reopened And People Are Getting Drunk’
Well, Chinese stocks may have been in a veritable free fall on Monday, but a combination of upbeat Chinese econ and downbeat US econ had other regional shares on the rise as investors bet on a slowing pace of policy normalization in the US. Japan was closed, but the MSCI Asia Pacific Index hit a goddamn nine-year high […]
Monday’s Missing Market Mechanism – Infrastructure
I’m back! In my quest to better understand the Global economy (and it’s affect on teens), I dragged my family off to France and the UK for the past two weeks and tested the effects of Socialism on two girls who were raised in an entirely Capitalist system. While we’re still tabulating the data, certain trends […]
History Of The Individual Retirement Arrangement
Note: it’s interesting to learn about IRA history in order to better understand why some provisions are the way they are. This IRA history is updated occasionally as new provisions are added. In 1974, Congress passed the Employee Retirement Income Security Act (ERISA) that, among many other provisions, provided for the implementation of the Individual […]
Blue Apron Battered Down 40% From IPO-Day As Amazon Files Meal-Kit Trademark
Who could have seen this coming? The latest hot tech IPO just went from bad to worse to worse as Blue Apron (APRN) tumbled over 10% in the pre-market (down over 40% from its IPO-day highs) after Amazon filed a trademark for a meal-kit service. As MarketWatch’s Tonya Garcia notes, the filing has the word […]
July 2017 Empire State Manufacturing Index Declined
The Empire State Manufacturing Survey declined but remains in positive territory. Important internals likewise declined. Analyst Opinion of Empire State Manufacturing Survey I am not a fan of surveys – and this survey jumps around erratically. Expectations from Bloomberg / Econoday were for a reading between 10.0 to 18.3 (consensus +15.0) versus the 9.8 reported. […]
