Category Archive: Finance
Diamonds Are Forever, But Bonds Are A Girl’s Best Friend
Since Greenspan’s intervention in 1987, it is “Bonds, Long Bonds” that have been a girl (investor’s) best friend… even though diamonds may be forever. For almost 40 years, US government bonds and diamonds traded at around the same ‘price’. All that changed in the late-80s as Greenspan ‘saved the world’. The question is – as BofA’s […]
WTI Crude Oil And Natural Gas Forecast For October 18, 2016
WTI Crude Oil The WTI Crude Oil market went back and forth during the course of the session on Monday, showing a proclivity to bounce around the $50 level. At this point in time I believe that the markets will continue to go sideways overall, and with that being the case I feel that it’s […]
You Will Never Earn A Decent Yield On Retail Money Market Funds Ever Again
This past Friday, October 14th, commenced federally mandated rules on money market funds – what we typically think of as cash in our investment accounts – and marked the end of the era of prime money market funds. Money market funds first came about in 1971 at a time when banks were prohibited from paying an interest rate on […]
Sell AUD/USD – Credit Suisse Trade Of The Week
The Australian dollar has been range-bound against the greenback for quite some time. The team at Credit Suisse sees a sell opportunity, and they explain: Here is their view, courtesy of eFXnews: Currency investors should consider selling AUD/USD this week, advises Credit Suisse in its weekly FX pick to clients. “Since the start of October, expectations […]
US Dollar Develops In Wave C Of Larger Zigzag
EUR/USD 4 hour The EUR/USD seems to be indeed building a bearish ABC zigzag (green). The Fibonacci levels of wave B (green) are expected to act as resistance and price could turn around at one of them for a continuation within a larger contacting triangle (wave d green). If the bearish breakout is very impulsive, […]
E The Daily Shot And Data – October 18, 2016
Emerging Markets 1. Let’s begin with emerging economies where Gulf-based bank shares are seeing sharp declines. One of the reasons for the sell-off is the loss of bank deposits. The correction is not limited to Saudi Arabia as Abu Dhabi banks also come under pressure – pushing the nation’s overall stock market lower. Elevated Saudi […]
9 Step Guide To Start Saving For Retirement Now
Are you sick of working your nine to five job with a boss who tells you what to do everyday? Do sit at your desk and dream of the moment you can finally retire? Does spending your retirement in a constant state of vacation and relaxation sound like a dream? If you answered “yes” to […]
Trading Week Off To A Quiet Start
Asian stocks were slightly higher on Tuesday, despite concerns about weak data from China, as the MSCI index gained 0.5 percent, the Hang Seng index looked towards modest gains and the Australia benchmark index was up 0.4 percent in early trade. “It’s been an incredibly quiet start to the week as most currencies remain rangebound […]
RiverNorth And DoubleLine Release New Strategic Bond CEF
The arrival of new strategies within the closed-end fund (CEF) universe is always an interesting event. There are much fewer new CEFs released on an annual basis than the exchange-traded fund world, which makes this experience more noteworthy. This is primarily due to the fact that investment banks and fund managers must raise a large […]
