Category Archive: Finance, No picture
Weekly Market Digest: Markets Regain Footing As Global Tensions Ease
Global stocks rebounded over most of the week as tensions surrounding trade and EM contagion abated. Investors welcomed Treasury Secretary Mnuchin’s invitation to host additional talks with China, as well as the Turkish central bank’s decision to sharply increase rates to support its ailing currency. However, the rally flatlined on Friday due to reports that […]
A Decade After Lehman’s Collapse, $133M Loss Overwhelms A Clearing House
Talking Points: $133 million trade loss was enough to wipe out safeguards maintained by the clearing house The event will draw the scrutiny of regulators looking to avoid similar instances The inability of the clearing house to cover the losses suggests some of the same risks remain 10-years after the Great Financial Crisis Energy Derivatives Trade […]
USD/CHF Coiling Ahead Of SNB
Political headlines and trade fears are dominating the headlines in today’s North American session, leading to a slight risk-off tone despite a positive open for risk assets. As a result, we’ve seen the US dollar, Japanese yen, and Swiss franc ascend to become the strongest major currencies on the day after bringing up the rear […]
Pieces Of The US & Global Stock Market Puzzle Come Together
All through the summer we had a “top-test” view on the primary US stock index, the S&P 500. We were 100% right on that; SPX spent all summer grinding upward to that test. That is where the would-be market genius aspect of the analysis ends because it appears that the favored outcome of that test – that it […]
4 ETFs Set To Soar In The Aftermath Of Hurricane Florence
Hurricane Florence has wreaked havoc on the coast of the Carolinas where conditions are fast deteriorating. Florence, the first major hurricane to threaten the eastern United States this year, has now downgraded to a Category 1 storm. Still, it may lead to catastrophic flooding, life-threatening storm surge and destructive winds in Southeast U.S. over the […]
A Long-Term Look At Inflation – Friday, Sept. 14
The Consumer Price Index for Urban Consumers (CPI-U) released yesterday morning puts the year-over-year inflation rate at 2.70%. It is substantially below the 3.76% average since the end of the Second World War and above its 10-year moving average, now at 1.57%. For a comparison of headline inflation with core inflation, which is based on […]
Apple Tech Leads Sector & Overall Market Higher
Apple Tech – Stocks Rally Again On Thursday It’s wrong to suggest the correction isn’t almost over as the market has been up every day this week, following a week where it was down every day. The S&P 500 is less than 10 points away from its all-time closing high. It’s now up 9 basis […]
The Long Term Charts Tell A Very Different Story For The USD And Bonds
Doc joins me today to share his longer-term outlook for the USD and bond market. Looking at the monthly charts Doc does not see the USD moving much higher and for the bond market, there is a good chance of a breakdown in the near term. (Audio length 00:10:59)
