Category Archive: Finance
EC Three Reasons Why The ‘FANG’ Phenomenon Will End Badly
Those who do not wish to draw any parallels between today’s stock market and the 1999-2000 tech stock bubble typically claim that “All of those turn-of-the-century dot-coms weren’t making any money. Today’s 2017 superstars — Facebook (FB), Amazon (AMZN), Netflix (NFLX) and Google/Alphabet (GOOG) — make money hand over fist!” The problem with this rationalization is […]
Why “Early” Means Extremely Low Cryptocurrency Prices
This week is the 30-year anniversary of the 1987 crash. Can you believe it? Appropriately or ominously (depending on your view), the market continues its eight-year march up the charts. Nowadays, it’s setting records with each new high it hits. Are investors nervous? Should they be? This bull market is old by historical standards. At […]
RIA Chart Book: Q3-2017 Most Important Charts
Michael Lebowitz and I have produced a number of charts that have generated a lot of questions, comments, and shares over the last year. We decided that each quarter we will begin producing a “chart book” of the “most important charts” from the last quarter for you to review. We have provided the links in most cases back to […]
EUR/USD And GBP/USD Forecast – Thursday, Oct. 19
EUR/USD The EUR/USD pair initially fell during the day on Wednesday but found enough support to turn around and form a hammer. The hammer sits just below the 1.18 level, and a break above that level not only breaks the hammer from the Wednesday session, but it breaks above the hammer from the Tuesday session […]
Low Volatility In Everything
A rising number of investors are anxious about the “bull market in everything”, but the markets are calm, based on rolling 90-day volatility (standard deviation). It may be the calm before the storm, although research on volatility clustering suggests that the tranquil times can roll on for longer than expected. The tide will turn eventually, of course, and […]
Qualcomm, LG Electronics To Jointly Develop Next-gen Connected Car Technology
LG Electronics announced that it is teaming up with Qualcomm to jointly develop a range of next-generation connected car solutions. The two companies will also establish a joint research center in South Korea to develop 5G for vehicles and C-V2X technologies essential to the success of next-generation autonomous vehicles. With connection speeds of up to […]
Spain Will Begin Suspending Catalan Autonomy On Saturday – EUR/USD Falls
The Spanish government will convene on Saturday to begin suspending the Catalan autonomy and Spain will enter unchartered territories. The move by Puigdemont did not move the euro too much, but the quick response from Spain already sends EUR/USD some 40 pips to the downside. Spain is the fourth-largest economy in the euro-zone and led its recent […]
NZD/JPY Heading Towards Target
The New Zealand political coalition impacted New Zealand dollar attractiveness across the board on Thursday. While the Japanese Yen remained one of the most viable currencies, the decision of Haruhiko Kuroda to maintain the current monetary stance to stimulate growth through exports partially hurt its attractiveness but not against emerging currencies like the Kiwi. As previously […]
Kiwi Drop And Sterling Losses Punctuate Subdued FX Market
The 30th anniversary of the 1987 equity market crash the major US benchmarks at record highs. The drop in the market was at least partly a function of the lack of capacity, sufficient instruments, and regulatory regime. Each of these factors has been addressed to some extent. Circuit breakers have been introduced, and have evolved. The financial capacity has grown immensely. Sophisticated […]
Why Bankers Only See Horses And Technologists Are Creating Cars
I was at a large bank’s wealth management conference recently, where the CEO was being quizzed about various areas including a lot about technology and FinTech. He made several statements that I noted with interest: “Roboadvisory services improves our speed-to-market and human productivity, but does not replace humans. In particular, I can see that artificial […]
