Category Archive: Finance, No picture
Is The Stock Market Cheap? – Wednesday, Sept. 5
Here is the latest update of a popular market valuation method using the most recent Standard & Poor’s “as reported” earnings and earnings estimates and the index monthly average of daily closes for the past month. For the earnings, see the table below created from Standard & Poor’s latest earnings spreadsheet. TTM P/E ratio = […]
Is The Stock Market Cheap? – Wednesday, September 5
Here is the latest update of a popular market valuation method using the most recent Standard & Poor’s “as reported” earnings and earnings estimates and the index monthly average of daily closes for the past month. For the earnings, see the table below created from Standard & Poor’s latest earnings spreadsheet. TTM P/E ratio = […]
Crude Dollar Trade
On November 7, 1973, President Richard Nixon addressed the nation via a broadcast television appearance. The topic wasn’t what you might think. Rather than trying to reassure Americans about the unfolding Watergate scandal, Nixon instead attempted to encourage the country about its energy situation. The month before, Egypt and Syria had launched a surprise attack against Israel. […]
GBP/USD Rate Forecast: Rebound Mired By Downward Trending Channel
BRITISH POUND TALKING POINTS GBP/USD has filled the gap from earlier this week, with the exchange rate snapping the recent series of lower highs & lows, but the broader outlook warns of a further decline as pound-dollar continues to track the downward trending channel from earlier this year. GBP/USD RATE FORECAST: REBOUND MIRED BY DOWNWARD TRENDING CHANNEL […]
How US Multinationals Shifting Income To Foreign Countries Reduces Measured GDP
US corporations work their accounting system so that sales and profits turn up in non-U.S. jurisdictions (for example, here’ s description of the Double Irish Dutch Sandwich technique). One implication is that corporations pay lower US and overall taxes; another is that because of this shifting, measured US GDP is smaller than it would otherwise be. Karen […]
What To Expect From BOC Tonight
If BoC shuns from assuring a rate hike next month, Long USD/CAD? Bank of Canada (BOC) is expected to let rates remain unchanged tonight BoC has raised rates 4 times since mid-2017 with the latest increase in July. The odds of a rate hike slipped from 23% to 20% after GDP data fell short of […]
How Much Lower Can The Metals Stocks Go?
As the continued sell-off in the metals stocks continued yesterday I chatted with David Erfle, Founder of The Junior Miner Junky, about what levels the sector could see in the near-term. We also balance out gold’s relative strength against the other metals. (Audio length 00:10:26)
Nike The New Social Justice Warriors
A review of stocks, ETFs, stock market indexes and cryptocurrencies. Video Length: 00:10:34
Gold Should Prepare For Further Fed Hikes
98.4 percent. That are the market odds of the September Fed hike. But what will happen later? In this edition of the GNM, we dig into the recent FOMC minutes to answer this question. September Is Certain At the end of August, the Fed released minutes from the recent FOMC meeting. They signal broad support for another interest-rate […]
July Trade Deficit At $50.08B
The U.S. International Trade in Goods and Services, also known as the FT-900, is published monthly by the Bureau of Economic Analysis with data going back to 1992. The monthly reports include revisions that go back several months. This report details U.S. exports and imports of goods and services. The Bretton Woods agreement, which established a […]
