Category Archive: Finance, No picture
E Trump Versus Powell: Who Is Right About Immigration?
Immigration, needless to say, is a hot button topic and Fed Chairman Jerome Powell has expressed concern about cutting off the flow of immigrants. He views immigration this way: From an economic growth standpoint, reduced immigration would result in lower population growth and thus, all else equal, slower trend economic growth. As for Trump, even after he […]
Near Term Catalysts For The Gold Sector
(Audio length 00:11:10) David Erfle, The Junior Miner Junky joins me to outline the near term catalysts for the gold market. Unfortunately, most of these catalysts he sees are negative for the sector but if you employ the right strategy will prove to be great for your portfolio. Capital preservation right now is important while […]
E BoC Pushes Back
A Very Defensive Bank of Canada Governor Takes Issue with His Critics Several critics, including this author[1], have taken issue with the Bank of Canada signaling that the bank rate should continue to rise to 3 percent from its current level of 1.75 percent. The Governor makes the argument that economic growth is ‘solid’, thus […]
Treasury Yields: A Long-Term Perspective – Tuesday, Nov. 6
Let’s have a look at a long-term perspective on Treasury yields as of the October 26 close. The chart below shows the 10-Year Constant Maturity yield since 1962 along with the Federal Funds Rate (FFR) and inflation. The range has been astonishing. The stagflation that set in after the 1973 Oil Embargo was finally ended […]
Slowing New Zealand Employment To Curtail NZD/USD Rate Recovery
Updates to New Zealand’s Employment report may undermine the recent recovery in NZD/USD as job growth is expected to increase 2.0% after expanding 3.7% per annum in the second-quarter of 2018. Signs of slowing employment is likely to keep the Reserve Bank of New Zealand (RBNZ) on the sidelines as ‘downside risks to the growth outlook remain,’ […]
US Mid-Term Elections Dominate Price Action In All Markets
Waiting for the US mid-term elections was reflected in the markets this afternoon, and following an initial move higher, that was it for the rest of the session as all three indices rotated around the VPOC on the fast timeframe charts and lacking both direction and participation. The price action was no great surprise given […]
Beaten-Down Pharma ETFs To Buy Post Q3 Results
Total earnings for 76.7% of the total healthcare market capitalization are up 11% on revenue growth of 7.2%. The growth rates seem unimpressive when compared with some of the other sectors. Earnings and revenue beat ratios of 82.9% and 57.1%, respectively, are also not great either. Among the most notable players, Johnson & Johnson (JNJ – Free Report) was […]
The S&P 500, Dow And Nasdaq Since Their 2000 Highs – Tuesday, Nov. 6
This update is in response to a standing request for real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq Composite. It includes the latest monthly close data. Here are two overlays — one with the nominal price, excluding dividends, and the other with the price adjusted for inflation based on the Consumer Price […]
