Category Archive: Finance
ETF Investors Think June Rate Hike Baked In, Eyeing Shorts On Gold Rally
On a day when the US unemployment numbers showed a noticeable number of people leaving the workforce amid a pale 138,000 jobs created – expectations were for 185,000 jobs — traders are nonetheless preparing for a 25 basis point increase in the Fed Funds June rate hike. Traders expect June Rate Hike Financial analytics firm S3 Partners, Ihor Dusaniwsky, […]
Don’t Expect Fed To Cause Apocalypse
Don’t expect Fed to cause Apocalypse The Fed has ample room to shrink its balance sheet by draining excess commercial bank reserves held at the Fed without causing either the economy to crater or debt and equity markets to crash. Indeed this has been rapidly underway since the start of 2016. As mentioned previously the […]
Autos And Liquidity Preferences
When looking at the bond market or eurodollar futures, both tugged by JPY, I don’t think it was just the payroll report that pushed new levels of anti-reflation today. Instead, there is too much that is consistent with a weak payroll report, and by that I mean a string of them. Yesterday, for example, automakers […]
Crude Oil Inventories Drop Once Again – Where Are The Oil Bulls?
Although the EIA showed a larger-than-expected drop in crude oil inventories, the black gold closed the day only four cents above Wednesday’s closure. Where are the oil bulls? Fundamental Factors and Crude Oil Yesterday, the Energy Information Administration showed that crude oil inventories dropped 6.4 million barrels, exceeding the 4.4 million-barrel drop forecast. Additionally, gasoline […]
Market Recap – Is An Uber IPO On The Horizon?
Market Digest – Week Ending 06/02/2017 Following the holiday weekend, U.S. and international stocks were relatively flat amidst myriad political news and economic data points. Equities subsequently rebounded Thursday with ADP reporting stronger than expected private payroll figures and oil stabilizing after recent declines. Gains continued into Friday despite mixed data on U.S. labor, where […]
The Stock Market Crash Of 2017 That Never Was But Could It Still Come To Pass?
I add this, that rational ability without education has more often raised a man to glory and virtue, than education without natural ability. Marcus T. Cicero For the past few years much the angst of many experts we have consistently stated that the markets were not ready to crash. From late 2016 to early 2017, […]
E Tech Talk: Buying BAD
I’ve periodically commented in this column that the oil industry’s new normal is one in which oil prices – having briefly cratered at below US$27 in February 2016 – have been drifting in the US$50 range since last October. The tough part of that story is that it’s unlikely to change. World-wide, for every barrel […]
Gold, Silver Or Bitcoin-crypto Currencies: Where Will The Big Money Be Made?
When the Central Banks finally lose control of propping up the markets, will the big money be made in owning gold, silver or crypto-currencies? This is the question many investors who are focused on “alternative assets”, outside the typical mainstream stock, bond and real estate markets, are asking. Most investors who have been concerned about […]
