Category Archive: Finance, No picture
US Corn Crop Large, But Maturity Limits Upside – Bean Pods High
Market Analysis Pro Farmer’s Midwest Crop Tour results showed record yield potential when field scouts were moving through the eastern and western states of the Midwest, but their results for IL, IA and MN last two days revealed more corn yield variability and lower average yields than was anticipated before the tour began. Excess rains […]
Stocks And Precious Metals Charts – Probabilities And Possibilities, And The Wisdom To Know The Difference
“Most men of business think that ‘Anyhow this system will probably last my time. It has gone on a long time, and is likely to go on still’…Life is a school of probability.” Walter Bagehot Trump announced that his team has consummated a new trade deal with Mexico today, to replace NAFTA. One has to give […]
Gold Posts First Weekly Rise Since July: 5 Fund Picks
Gold prices touched its highest settlement in more than a year. This upsurge was prompted by the U.S. dollar registering its biggest weekly decline since February. The greenback weakened after Federal Reserve Chairman Jerome Powell signaled a “gradual” rate hike pace. Rising gold prices bode well for the overall precious metals market. Gold lost some […]
EC San Francisco Fed On The Predictive Power Of Yield Curve Spreads
A FRBSF maco economic letter discusses the yield curve and recessions. Please consider Information in the Yield Curve about Future Recessions. Although the U.S. economy is in a sustained expansion and many economic indicators show continued strength, concerns about a possible recession have emerged. One reason is the narrowing spread between long-term and short-term Treasury yields. […]
San Francisco Fed On The Predictive Power Of Yield Curve Spreads
A FRBSF maco economic letter discusses the yield curve and recessions. Please consider Information in the Yield Curve about Future Recessions. Although the U.S. economy is in a sustained expansion and many economic indicators show continued strength, concerns about a possible recession have emerged. One reason is the narrowing spread between long-term and short-term Treasury yields. […]
Understanding The CFNAI Components – Mon., August 27
The Chicago Fed’s National Activity Index, which we reported on yesterday morning, is based on 85 economic indicators drawn from four broad categories of data: Production and Income Employment, Unemployment, and Hours Personal Consumption and Housing Sales, Orders, and Inventories The complete list is available here in PDF format. In this morning’s Chicago Fed update, we learned that […]
Wave Of Solid Q2 Results Boosts Retail ETFs
Retail has been the hottest sector lately. The overall strength of the sector can be attributed to strong corporate earnings coupled with higher consumer spending and a booming economy. Total earnings from 85.1% of the sector’s total market capitalization reported so far are up 34.9%% on 9.7% higher revenues, with 91.7% of the companies beating […]
Comments On Gold And Silver – Long-Term Chart Considerations
(Audio length 00:11:41) Richard Postma is back and we are looking at the monthly charts today. We address the downtrend in gold and silver and what it means for the timing of a breakout.
USD/CAD Price Outlook: Loonie Threatens Breakout On Easing Trade Tensions
The Canadian Dollar has continued to trade within the confines of the initial August opening range with news that a working US-Mexico trade deal has been negotiated sending USD/CAD to the monthly lows today in New York trade. Here are the updated targets and invalidation levels that matter on the USD/CAD charts this week. USD/CAD DAILY PRICE CHART […]
Trump Announces Deal With Mexico, “We’ll See” About Canada
“Big deal looking good,” says Trump as he drops the name NAFTA due to “bad connotations”. A big deal looking good with Mexico! — Donald J. Trump (@realDonaldTrump) August 27, 2018 The Wall Street Journal reports Trump Hails U.S.-Mexico Trade Pact, Says ‘We’ll See’ With Canada President Trump said he had reached an agreement with Mexico […]
