Category Archive: Finance
E South Africa Inflation Eases As Food Prices Fall
Consumer prices in South Africa eased in March as the headline inflation rate fell to 6.1% on a year over year basis. Headline consumer prices were seen falling to a 6-month low as a result. The nation’s inflation rate was registered at 6.3% in February. Economists polled by Bloomberg were expecting to see a headline […]
Risk Is On After French Elections: What’s Next For Euro, Yen And USD?
Another election, another surprise, and another even more surprising market reaction. Marine Le Pen is advancing to the second round of French elections, to be held on May 7th. As the news that Ms. Le Pen would be advancing made its way around-the-world to start the week, markets gapped-higher and have continued to show strength. Gold […]
March 2017 CFNAI Super Index Moving Average Declined
The economy’s growth slowed based on the Chicago Fed National Activity Index (CFNAI) 3 month moving (3MA) average – but economic growth remains marginally above the historical trend rate of growth. If one views the single month index to grasp what is going on – it significantly declined. Analyst Opinion of the CFNAI This Month […]
US Equity And Economic Review: The Trump Trade Is Over
On Thursday, the Conference Board released the latest leading and coincident economic indicators. There are 2 reasons there are some of my favorite statistics. First, they organize 14 economic indicators in an easy-to-understand format. Second, they have a long history of accurately predicting the overall pace of growth. A combined reading of the Conference Board’s […]
Gold Sovereigns – ‘Treasure’ Trove Found In UK – Don’t Be The Piano Owner
The gold sovereigns – semi-numismatic gold coins made up of both gold sovereigns and half gold sovereigns dating from the reigns of Victoria, Edward VII and George V – were discovered inside an old piano after it was donated to a school last year. A gold sovereign from that period is currently valued at between […]
Illinois Tool Works Inc. Boosts Outlook As Q1 Results Beat The Street
Illinois Tool Works Inc. (NYSE: ITW) early Monday posted better than expected first quarter earnings results and lifted its 2017 profit outlook, as it continues to improve margins for its products.
Hasbro’s (HAS) Q1 Earnings & Revenue Beat Estimates
Hasbro Inc. (HAS – Free Report) along with its subsidiaries, provides children’s and family leisure time products and services globally. Hasbro’s product segments comprise Games, Girls, Preschool and Boys categories. Given Hasbro’s strong product line-up, which includes its core brands, licensed brands and lucrative product associations, the company remains well positioned for future growth. Moreover, the company’s consistent […]
Chinese Internet Leaders Will Shake The World
A decade ago, Chinese internet companies were still marginal internationally. Today, they are world-class industry innovators. In the internet economy, the leadership is shifting from the advanced West to the emerging East. Today, China’s leading internet companies rival their counterparts in the West in terms of scale, value and innovation. Yet, their impact outside of […]
E Does The Fed Have To Shrink Its Balance Sheet?
In March, the FOMC majority opinion held that it was time to start to shrink the Fed’s balance sheet and that the reduction should be carried out in a “predictable manner”. Various Fed members want to halt the program of reinvesting principal payments from maturing securities, starting as soon as this year, according to the […]
Fear Index Tanking, After Hitting This Resistance!
Below is a chart for VIX (Fear Level) over the past few years. A rally had taken place in the VIX, driving it up to falling resistance and its 50% retracement level at (1), in the chart below. CLICK ON CHART TO ENLARGE We shared the chart above last week on Twitter last week. One of the reasons Premium and Sector members bought XIV, […]
