Category Archive: Finance
Perth Mint Gold Coins Sales Double In September
– Perth Mint gold coins see sales double on month in September – Perth Mint silver bullion coin sales surge 78% in September – Perth Mint sold 46,415 ounces of gold in September– Nearly six times more gold coins sold at Perth Mint than U.S. Mint in September – Sales surge at Perth Mint from […]
FX Markets Eye Commentary From BOJ And Fed; US Data In Focus
Amidst the flurry of central banks – the Bank of England, the European Central Bank, and the Federal Reserve – posturing that they will be tightening policy to various degrees, the Bank of Japan is perhaps one of the two major central banks (the other being the Swiss National Bank) that is clearly in a […]
Better Invest In A Horse
Britain intends to ban the purchase of internal combustion and diesel engine cars in 2040, hoping to make everyone switch to electric cars. California, China and France all have similar schemes in place. These government decisions naturally provide yet another implicit subsidy to Tesla Motors (Nasdaq:TSLA) whose first quarter’s production of its latest “mass market” […]
Seasonal Bottom Pick
Oil and product prices pulled back Friday as it became clear that Hurricane Nate would only cause a short-term impact on U.S. oil production and that there was no damage to off shore oil rigs. The fast storm means that production will come back on line quickly as the U.S. energy industry will rise to […]
EUR/USD Daily Analysis – Monday, October 9
EUR/USD extended its downside movement from 1.2092 to as low as 1.1669, facing an important support level at 1.1662. A breakdown below this level could take price to the resistance-turned-support trend line on the weekly chart, now at 1.1415. Near term resistance is located at the falling trend line on the 4-hour chart. A breakthrough this […]
Unexpected Sources Of Share Buybacks
A few years ago, WisdomTree coined the phrase “Forgotten Dividend Payers” to refer to mid-cap and small-cap companies that pay dividends. In a yield-starved environment, within the United States one could dip down the market capitalization-size spectrum to find higher dividend yields. The Share Buyback Phenomenon Share buybacks have generated a lot of attention within the low-yield environment that we’ve seen since the global financial […]
Pound Recovers On May Comments
In Monday trading, the Pound Sterling recovered from a fall which saw its largest single week’s decline in about a year. That recovery came after comments by Theresa May, the British Prime Minister, who promised she would be able to ward off any challengers and that she might be considering reshuffling her cabinet in order […]
One Chart Shows Investors Are Dealt A Losing Hand
The rise in the market has seemed unstoppable. Despite the Federal Reserve continuing to hike interest rates and tightening monetary policy, geopolitical risks from North Korea to Iran, mass shootings, failure of legislative agenda and weak economic growth – the market’s rise has continued unabated. Much of the recent rise, as discussed last week, has […]
Off-Price Retailers – Another Thorn In The Side Of Department Stores
A new report from Moody’s reinforces the negativity surrounding department stores like Macy’s (M), JC Penny (JCP) and Nordstrom (JWN). Unlike most that focus on the shift to digital commerce that is part of our Connected Society theme, Moody’s adds a perspective that meshes extremely well with our Cash-Strapped Consumer and Rise & Fall of the Middle Class investing themes — […]
China’s Exchange Rate Policies And U.S. Financial Markets
from the San Francisco Fed — this post authored by Thomas M. Mertens and Patrick Shultz Exchange rate stabilization or currency “pegs” are among the most prevalent interventions in international financial markets. Removing a peg to a safer currency can make the home currency more risky and less attractive to investors. When a country with […]
