Category Archive: Finance, No picture
Dollar Daze
It used to be that if the US sneezed, the whole world would catch a cold. Placed in terms of how the global economy worked, the point was easily made that US demand pretty much directed how it would fare for everyone else. Without US economic growth, the world would surely stumble as it had […]
Fed Hawkish In 2019?
Fed Hawkish – FOMC Minutes FOMC Minutes from the September 25th to 26th meeting were released at 2:00 PM on Wednesday. The Minutes stated, “Participants generally anticipated that further gradual increases in the target range for the federal funds rate would most likely be consistent with a sustained economic expansion, strong labor market conditions, and inflation near 2 […]
Shift In USD/JPY Sentiment Persists Even As Rebound Stalls
JAPANESE YEN TALKING POINTS USD/JPY fails to extend the series of higher highs & lows from earlier this week even as the Federal Open Market Committee (FOMC) Minutes fuel bets for above-neutral interest rates, and the exchange rate may continue to threaten the bullish trend from earlier this year amid the ongoing shift in retail […]
The Continued Fall In US Markets Leading To Gold And USD Moves
(Audio length 00:14:22) Craig Hemke, Founder of TF Metals Report shares his thoughts on the move down again in US equity markets. After a couple days of recovery, the US markets are giving it all back and then some today. We are seeing money move into gold (slowly) and the US Dollar. A few technical […]
Bank Of England Raises Alarm On Subprime Lending
Andy’s Notes: This situation should easily qualify as the perfect shining example of hypocrisy in the next release of Webster’s dictionary. The BOE has supervised the inflation of one of the world’s largest asset bubbles in the form of housing in the UK. Everyone knows (sic) that ‘good’ inflation is risking stock markets and home […]
PayPal Stock Dips Ahead Of Q3 Earnings: What To Watch
Shares of PayPal (PYPL – Free Report) slipped 0.65% during regular trading hours Wednesday just one day before the fintech firm is scheduled to release its third-quarter financial results. PYPL is currently in the midst of a turbulent six months, but that could change with a big Q3. So, let’s see what to expect from PayPal Today. […]
Traders Are Still At Both Ends Of The Fear/Greed Spectrum, And That’s A Problem
At first glance, it looks like the rebound effort following last week’s marketwide drubbing has already failed. The buying effort slowed to a crawl on Wednesday, and today’s – Thursday’s – trading is decidedly bearish. We’re not yet back to last week’s lows, but it appears we’re pointed in that direction again. Before jumping to […]
Coca-Cola Names Brian Smith As President And COO, Effective January 1, 2019
The Coca-Cola Company announced key changes in top leadership, including the election of a new president and chief operating officer and a succession plan for the chief financial officer. The board of directors has elected Brian Smith to serve as president and COO, effective Jan. 1, 2019. He will report to James Quincey, the company’s […]
Italy Bond Yields Surge In Confrontation With ECB President Mario Draghi
Mario Draghi warns “Undermining EU budget rules carries a high price for all”. Italian bond yields surged. Mario Draghi did not mention Italy by name, but his threat Undermining EU Budget Rules Carries High Price For All was well understood by the bond markets. Speaking to European Union leaders at a summit devoted to euro zone integration, […]
Federal Reserve Independence – Under Attack Again?
The last few days, President Trump has made inflammatory and in some instances misguided remarks as to the nature of current Fed policy, its impact on the stock market and potentially on the economy. Examples follow: “It is a correction (the decline in the stock market) that I feel is caused by the Federal Reserve.” […]
