Category Archive: Finance
G20: Accommodating America
This is an unusual time. The US has often played a leading role in shaping the global financial architecture.As a result of last year’s election, the US appears to be defecting from that global system that it helped build, while others, who often seem to chafe under US leadership, are defending it. The G20 finance ministers and central […]
Signet Jewelers Ltd. Posts Mixed Q4 Earnings & Offers A Weak Outlook
Written by StockNews.com Signet Jewelers Ltd. (NYSE: SIG) early Thursday [Mar 9, 2017 | 7:08am] posted mixed fourth quarter earnings results and offered a weak outlook for the current year, as both mall-based and online sales continue to struggle. The Bermuda-based jewelry retailer, which operates the Kay, Sterling, and Zale brands, reported adjusted Q4 earnings per […]
Thursday – Oil Failure Drags Down The Markets
Well that was kind of obvious. As I noted for Reuters yesterday morning: “OPEC has unrealistic expectation as to what their production cuts can achieve, U.S. production over the next two years is expected to wipe out much of the OPEC cuts.” Yesterday afternoon, despite the 5% sell-off in oil during the day, I told our […]
Energy Credit Risk Soars As Crude Carnage Continues
Just when you thought it was safe to go all-in on energy stocks, credit, and commodities because, well, what could go wrong; crude’s collapse in the last few days (amid record long speculators) has smashed Energy credit markets and sent high-yield bond prices cratering. WTI Crude collapsed to a $48 handle at its lows today… Sending […]
Oil Price Forecast: Is The Bear On The Way Back?
Oil prices have spent much of the past 24 hours heading-lower, falling below a key psychological level at $50/brl and a 17+ year trend-line that’s held as support in WTI since mid-December. The catalyst appeared to be a comment from oil magnate Harold Hamm; who warned that U.S. production growth ‘is going to have to […]
Import And Export Price Year-over-Year Inflation Again Significantly Grows In February 2017
Import and export price growth continues after years of deflation. Analyst Opinion of the Import / Export Price Situation Yikes – seems like inflation is rampant? The elephant in this significant inflation is fuel / oil. If one ignores these commodities, the year-over-year inflation rate for imports and exports is almost zero. Import Oil prices […]
EUR/USD: Trading The US Nonfarm Employment Change
US Nonfarm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming industry. A reading which is higher than the market forecast is bullish for the dollar. Here are the details and 5 possible outcomes for EUR/USD. Indicator Background Job creation is one of the most […]
Why We Like Japanese Small Caps Now
The last decade has not been a great time to be an investor in international stocks, but small-cap stocks internationally outperformed large-cap stocks, and Japanese small-cap stocks (WisdomTree Japan SmallCap Dividend Index) on a dividend-weighted basis actually outperformed the large-cap, market capitalization-weighted index (MSCI Japan Index)” by over 400 basis points (bps) per year over the last decade. As value-oriented investors, we often believe in […]
Doc Copper; Breaking Bearish Rising Wedge Support
Ole Doc Copper has been creating a series of lower highs and lower lows since 2011. During this time period, stocks did well and many commodities did not. At the same time Doc Copper was soft, global growth had little to brag bout. Also during the decline in Doc Copper, interest rates did the same. […]
E NZD/USD Under Heavy Selling Pressure
By James Harte Dairy Prices Weighing on NZD The New Zealand Dollar has come under fresh pressure across the board over the last week. One contributing factor has been the relative improvement in the outlook for the dairy supply which is expected to keep prices, and thus NZD, under pressure. Instead of being a function […]
