Category Archive: Finance, No picture
Apocalypse, Or Not?
Members of the American libertarian movement, particularly extremist preppers, are often associated with a belief that a complete breakdown in society is the only outcome from government economic policies and will lead to complete social disintegration. At the center of their concerns is monetary destruction, with other issues, such as the erosion of personal freedom […]
Micron Slides As Baird Sees Gross Margin Nearing Peak
Shares of Micron (MU) are sliding this morning after Baird analyst Tristan Gerra said the stock is no longer a top semi large-cap idea as gross margin is near a peak. Furthermore, the analyst believes DRAM pricing is also likely peaking in the third quarter as NAND oversupply worsens. Meanwhile, his peer at Deutsche Bank […]
The Dark Years Are Here II
Hindsight is the most exact of all sciences. Most people who live their life backwards have a miserable life. Having been around for a while, I tend not to look back, especially not at negative events. Much better to embrace uncertainty since everything going forward from here is uncertain. We can’t do anything about the […]
EUR/USD Initiates Bullish Series Despite Disappointing Euro-Area Data
EURO TALKING POINTS EUR/USD climbs to a fresh weekly-high (1.1659) even as data prints coming out of the euro-area instill a weakened outlook for the monetary union, and recent price action warns of a larger advance as the exchange rate initiates a fresh series of higher highs & lows. EUR/USD INITIATES BULLISH SERIES DESPITE DISAPPOINTING EURO-AREA […]
First Look At August: ADP Says 163K New Nonfarm Private Jobs
The economic mover and shaker this week is Friday’s employment report from the Bureau of Labor Statistics. This monthly report contains a wealth of data for economists, the most publicized being the month-over-month change in Total Nonfarm Employment (the PAYEMS series in the FRED repository). Today we have the ADP August estimate of 163K new nonfarm private employment jobs, […]
How (And Where) To Stay Bullish On IG Credit
Investors are nervous. In a recent JPMorgan survey,1 the bank highlighted that investment-grade (IG) credit would likely face several headwinds through the end of the year due to increased supply, less-favorable fundamentals and noise from the midterm elections. In our view, a straightforward way to combat these challenges is by taking a fundamental approach and increasing positions in the short […]
Trump Is Winning The Trade War
Market will rip on a Mexico/US Deal Trump continues to throw the U.S.’s economic weight around. He has picked fights with pretty much every major trading partner: Europe, Canada, Mexico and China. Any movement in his favor means major economic boosts in the form of greater exports and domestic production. The stock markets have already concluded […]
Canada, The Petroyuan Thesis, And Balance Of Trade Issues In Pictures
As NAFTA negotiations linger on, let’s step back and see what Trump’s threats are all about. The US has had a goods surplus with Canada every month since 1985. Nonetheless, Trump is incredibly annoyed at Canada and threatens to put tariffs on Canadian cars. Well, Trump better make that US cars because Canada does not […]
FANG Stocks & Nike Politics Now Impacting Stock Charts
A discussion on the FANG stocks, on Nike and their decisions to allow their left-leaning politics to influence their businesses.Is their strategy helping them to become more profitable or are they hurting their business? Video Length: 00:25:56
Weekly Unemployment Claims: Down 10K, Lowest In Over 48 Years
Here is the opening statement from the Department of Labor: In the week ending September 1, the advance figure for seasonally adjusted initial claims was 203,000, a decrease of 10,000 from the previous week’s unrevised level of 213,000. This is the lowest level for initial claims since December 6, 1969 when it was 202,000. The […]
