Category Archive: Finance, No picture
E A Review Of Three Stocks: HBI, KORS, VFC
A review of three apparel industry companies: Hanesbrands, Michale Kors and V.F. Corporation. Video Length: 00:10:16
Transport ETFs & Stocks To Surge On Busy Thanksgiving Travel
A higher number of Americans are gearing up for Thanksgiving travel by road or air encouraged by a booming economy, higher wages, rising consumer confidence and increasing levels of household wealth. The frenzy for trips during the Thanksgiving weekend is far more than the other years. According to travel service provider American Automobile Association (AAA), […]
Fed Vice-Chair Richard Clarida Cautions On Global Growth, Bond Yields Sink
Clarida says Fed is getting closer to neutral and that there is “some evidence” that the world economy is slowing. U.S. Treasury yields and the dollar slides as Fed’s Clarida Cautions on Global Growth. The Bloomberg Dollar Spot Index sank 0.5 percent and two-year Treasury yields dropped to the lowest since October after Clarida told CNBC […]
Household Debt And Credit Report: Up $219B In Q3
The latest household debt for Q3 2018 was up 1.6% from Q2 and currently at $13.51T and its peak. There were increases in all categories but home equity lines of credit. Here is an excerpt from the latest press release: NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly […]
In A Booming Economy, You Make And Sell Cars
In September 2015, the US EPA issued a notice of violation to Volkswagen. The European carmaker had, apparently, engineered its turbocharged direct injection diesel engines to turn on the vehicle’s emissions control only during testing. Discrepancies had been discovered by California regulators the year before, many involving European makes and models. The Volkswagen emissions scandal […]
USD/JPY Bullish Trend Under Threat After Cautious Fed Member Comments
Taking a break from our non-stop Brexit coverage, we want to highlight a key development that on the US monetary policy front that may mark a significant shift for markets heading into next year. In a marked shift from the previous “party line,” two Fed members came out with relatively cautious assessments of the US […]
What A No Brexit Deal Means For The Market
Yesterday, Sterling had the worst day since the day the UK voted to leave the United Kingdom. It dropped by more than 2% after the resignation of the Brexit minister, Dominic Raab. His resignation was followed by that of two other members of the cabinet. In his letter of resignation, he said that he would […]
Bitcoin: 3 Explanations For The Crash, Big Levels To Watch
BTC/USD crashed spectacularly and hit the lowest levels since October. It is hard to find clear reasons for the plunge that may have been a long time in the making. The technical levels to watch are broader than usual. Volatility is finally back. And with a vengeance. Bitcoin crashed not only below $6,000 but also […]
USD/JPY Extends Bearish Series Following Less-Hawkish Fed Rhetoric
USD/JPY is back under pressure as Fed officials scale back their hawkish tone ahead of the December meeting, and recent price action raises the risk for a larger pullback as the exchange rate extends the series of lower highs & lows from earlier this week. USD/JPY EXTENDS BEARISH SERIES FOLLOWING LESS-HAWKISH FED RHETORIC The rebound […]
