Category Archive: Finance, No picture
Brexit Update: Up, Down, Up, Down, Down…Up…
As anticipated Monday, we’ve already spilled plenty of digital ink on this week’s Brexit developments (see here, here, and here for examples), but the hits just keep coming! The following is a brief (approximate) timeline of the headlines out of today’s rollercoaster of a cabinet meeting at 10 Downing Street [market comments in brackets]: 14:10 GMT: Cabinet members Mordaunt and McVey to […]
Stock Market Today – Gold Futures, Silver Futures
How to simplify the market. An overall market view. (Video length 00:05:19)
Risk Management Continues To Be Key For Metals Investors
David Erfle, Founder of The Junior Miner Junky newsletter joins me to further discuss a theme we have been expressing for metals investors. This theme is risk management for a sector that continues to languish. The key charts to watch are silver, SIL, and the US dollar. With Silver approaching the lows of late 2015 […]
Cyber Security ETFs To Shine On Robust Earnings
Amid the broad market sell-off, the cyber security industry appears well poised on higher IT spending budgets, increased cybercrimes and better-than-expected earnings for the July-September quarter. Most of the cyber security firms beat the Zacks Consensus Estimate for both earnings and revenues and offered robust guidance. Let’s check out the earnings of some of the […]
CPI Rises 0.3% In October Led By Gasoline Index: This Won’t Last
The Consumer Price Index rose 0.3% in October. The gasoline index was responsible for over one-third of the rise. The BLS Consumer Price Report for October shows an interesting development related to gasoline. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in October on a seasonally adjusted basis after rising 0.1 percent in […]
Gas To Be Second-Leading Global Energy Source By 2030: 5 Picks
Natural gas could replace coal as the second-largest energy source in the world by 2030, driven by the growing usage of liquefied natural gas (LNG) globally in order to curb air pollution, International Energy Agency (IEA) said earlier this week. The IEA’s World Energy Outlook 2018 report states energy demand is estimated to grow more than 25% […]
Live By The Oil Price…
It was like a scene out of the seventies. Americans lined in their cars all over the Southeast hoping that their local filling station would have gasoline. There were documented reports of shortages as far away as the Dakotas. This wasn’t typical behavior, fortunately, so it couldn’t have been too much like the oil embargo […]
Five Decades Of Middle-Class Wages: October 2018 Update
We’ve updated this series to include this morning’s release of the Consumer Price Index as the deflator and the October monthly employment update. The latest hypothetical real (inflation-adjusted) annual earnings are at $38,570, down 12.3% from 45-plus years ago. The Bureau of Labor Statistics has been collecting data on this workforce cohort since 1964. The […]
Amazon’s Split HQ Will Spark Apartment Boom In NY Queens And VA Crystal City
Amazon’s decision to split its headquarters will also split rental needs. Expect an apartment boom in two cities. Rent Cafe comments on an Amazon-Related Apartment Boom in two cities. Key Findings With a high occupancy rate of 98.2% in Long Island City, future Amazon employees may have a hard time finding an apartment for rent near work. […]
Oil Price On Longest-Ever Losing Streak: 5 ETF Zones To Benefit
Oil price resumed its downward trend after hitting the highest level since 2014 just six weeks back. In fact, U.S. crude dropped for the 12th consecutive session, marking the longest losing streak on record since 1983. Both the U.S. crude and Brent is in the bear territory, tumbling more than 27% and 24%, respectively, since […]
