Category Archive: Finance, No picture
The Neatest Idea Ever For Reducing The Fed’s Balance Sheet
I mentioned a week and a half ago that I’d had a “really cool” idea that I had mentioned to a member of the Fed’s Open Market Desk, and I promised to write about it soon. “It’s an idea that would simultaneously be really helpful for investors and help the Fed reduce a balance sheet that they […]
EC Tilray Goes Cray-Cray
I’ve disclosed a few times here that last December I bought the ETFMG Alternative Harvest ETF (MJ) on the first or second day after it changed from a Latin America real estate ETF. When I first bought there was some excitement and the fund went up a little, then it went down a lot […]
A Look At Some Key Levels
Simply a quick look at our “Modern Family” key levels. S&P 500 (SPY) 289.50 pivotal area support. 291.74 the current all-time high, which today’s high came within inches of. Russell 2000 (IWM) Broke 170 on a day Dow made new highs. 168.94 the 50 DMA to hold, then 167.30. Over 170-we still want to see this […]
Turkey ETF Surges Post Rate Hike
On Sep 13, the Central Bank of Turkey hiked its main interest rate to 24%, a hike of 6.25% from the previous 17.75%. This resulted in lira appreciating by 4.3% against the U.S. dollar and iShares MSCI Turkey ETF (TUR – Free Report) gaining 5.9% on the same day. This is the biggest rate hike in President Erdogan’s 15-year […]
Red Hat Stock Plunges On Weak Q3 Earnings, Revenue Guidance
CNBC’s Courtney Reagan reports that Red Hat stock plunged following an earnings miss.
AutoNation CEO Jackson To Step Down In 2019 After Nearly 20 Years
Shares of AutoNation (AN) are climbing in morning trading after the company said its long-time chief executive officer will step down from his role in 2019 to become the company’s executive chairman. AutoNation is also undertaking a search to find its next CEO. LONG-TIME CEO MIKE JACKSON TO STEP DOWN IN 2019: AutoNation’s CEO Mike […]
U.S. Markets Ignore Tariff Worries: 5 Top-Ranked Picks
Wall Street shrugged off early losses on Sep 18 to close in the green as investors chose to ignore trade tensions. Stocks moved north after the latest tariffs from the United States and China were less harmful than expected. Consumer discretionary and industrials stocks emerged as the leading performers. Tech shares also gained after […]
Some Key Comments Were Made By Premier Li Regarding China’s Economy
(Audio length 00:13:18) Chris Temple joins me to focus on the comments made by China’s Premier Li regarding the challenges China continues to face and how it remains a developing country. This is the first time we have heard a high ranking official speak about weakness in the overall Chinese economy all while trade war […]
Digging Into Wealth And Income Inequality
That changes our perspective on the wonderfulness of ever-expanding household wealth. The assets of U.S. households recently topped $100 trillion, yet another sign that everything is going swimmingly in the U.S. economy. Let’s take a look at the Federal Reserve’s Household Balance Sheet, which lists the assets and liabilities of all U.S. households in very big buckets […]
