Category Archive: Finance, No picture
Money System: For Wonks And Quants
Audio Length: 00:59:19 We like putting monetary realities in perspective and sometimes we might drone on a bit about the inner workings of money and our banking system. It’s fascinating! This week we continue our extended conversation with one of America’s brightest monetary intellectuals, Dr. Robert Hockett, who talks with me about our monetary system […]
AUD/USD Rate Rebound Fizzles Amid Turnbull Turmoil
AUSTRALIAN DOLLAR TALKING POINTS AUD/USD gives back the rebound this month as Australia Prime Minister Malcolm Turnbull struggles to secure his seat, and the exchange rate appears to be on track to test the August-low (0.7203) as it snaps the series of higher highs & lows carried over from earlier this week. BEARISH AUD/USD TRENDS REMAIN IN PLAY AMID […]
Who Is Who In China Retail
We present a deep-dive of the major trends shaping China retail, an overview of key players, and the investment potential in the industry. An overriding trend in the China retail sector is the consolidation of major players into either the Alibaba camp or the Tencent camp. We analyze the business model of the top 10 […]
5 Value Picks From Top-Ranked Life Insurance Industry
Banking on a favorable operating backdrop, the insurance industry seems well-poised for growth. Improving rate environment and a favorable employment backdrop should keep the momentum alive in the life insurance space. The Federal Reserve has already made two rate hikes this year, taking the tally to seven increases since December 2015. The Central Bank has […]
The Market’s Four Directions
Apache Crown Dancers wearing black masks represent the four directions. North, South, East, and West. So far this week, Transportation (IYT ) posted a topping pattern based on a new high followed by a high-volume break of the prior day’s lows. At the same time, Semiconductors tested the key weekly moving average, held it and […]
How “Wealthy” Would We Be If We Stopped Borrowing Trillions Every Year?
These charts reflect a linear system that is wobbling into the first stages of non-linear destabilization. The widespread presumption is the U.S. is wealthy beyond words and will remain so as far as the eye can see: wealthy enough to fund trillion-dollar weapons systems, trillion-dollar endless wars, multi-trillion dollar Medicare for all, multi-trillion dollar Universal Basic […]
Italy Capital Flight Escalates: Highest Two-Month Total Ever
Capital Flight in Italy escalates at a record pace. It’s seen in Target2 balances and spreads rather than an EM crisis. Thanks to Holger Zschaepitz for this set of Tweets. Silent Capital Flight #Italy saw record-high capital outflow of €76bn in May-Jun, larger than €51bn outflow in Jun-Jul2011 and €56bn in Feb-Mar2012, Citi has calculated. […]
Musk Hires Morgan Stanley As Advisor On Going Private Transaction
First Elon Musk said he had hired Goldman Sachs (along with a bunch of other advisors), even though the bank initially denied it had been formally retained. Then, moments ago Fox Biz News’ Charlie Gasparino reported that Elon Musk had also retained Morgan Stanley to assist him in his “funding unsecured” bid to take Tesla private. SCOOP @elonmusk retains […]
New Home Sales Sink 1.7% To 627,000 Units: Builder Spec Homes Most Since 2009
New home sales in July were 627,000 units SAAR. Economists expected a rebound in new home sales to 649,000 from 631,000. The Econoday economists missed the mark badly once again in their housing estimates. Sales in July slipped to 627,000 units seasonally adjusted annualized (SAAR), well under consensus and even lower than the bottom estimate of 630,000. […]
Fed Minutes Analysis Continuation
Fed Minutes Analysis – Other Risks The Fed Mentioned: Inverted Yield Curve I will continue my discussion in a previous article of the risks the Fed mentioned in its Minutes. The Fed mentioned the yield curve again, but ultimately since it is expected to raise rates in September, it doesn’t seem like it matters. It’s just lip […]
