Category Archive: Finance, No picture
Stocks Dive On IPhone Concerns: Production Plans Cut Again And Again
In recent weeks, Apple slashed production orders for all three iPhone models that it unveiled in September. The Wall Street Journal reports Apple Suppliers Suffer With Uncertainty Around iPhone Demand but it’s not just the supplies getting hit. The Nasdaq 100 is down close to 3 percent with the S&P 500 and Dow down close to 2 […]
Eurodollar Futures: Powell May Figure It Out Sooner, He Won’t Have Any Other Choice
For Janet Yellen, during her somewhat brief single term, she never made the same kind of effort as Ben Bernanke had. Her immediate predecessor, Bernanke, wanted to make the Federal Reserve into what he saw as the 21st-century central bank icon. Monetary policy wouldn’t operate on the basis of secrecy and ambiguity. Transparency became far […]
Economics Of Mushroom Production: Kennett Square And The Rise Of China
Mushrooms are a relatively small US agricultural crop, with total production of about $1.2 billion in the 2017-2018 growing year. But they do illustrate some economic lessons, including how a local area that develops a specialization in a certain product can be hard to dislodge, and how the rise of China is reshaping global production in […]
The Share Repurchase Bubble
A year ago, I wrote about the worrying increase in leverage among America’s blue chips caused by share repurchases (“Hollowed-out blue chips are the next subprime, November 13, 2017). Today I wanted to return to the subject because the travails of GE (NYSE: GE) are a reliable advance signal of the trouble ahead for the […]
Cheat Sheet – Monday, Nov. 19
US Dollar The market always has taken the Fed’s forecast for three rate hikes next year with a large dose of skepticism. The fed funds futures strip implies growing expectations that the Fed pauses after a hike in December and Q1 19. It is still unclear the direction of fiscal policy next year. It may be […]
Oil Rebound Fizzles Amid OPEC Uncertainty, RSI Stuck In Oversold Zone
Crude is back under pressure as there appears to be a rift between the Organization of the Petroleum Exporting Countries (OPEC) and its allies, and the current environment may continue to weigh on oil prices as the Relative Strength Index (RSI) struggles to recover from oversold territory. OIL REBOUND FIZZLES AMID OPEC UNCERTAINTY, RSI STUCK IN OVERSOLD ZONE […]
Fidelity’s Five Best Dividend ETFs
Fidelity MSCI Telecommunication Services ETF (FCOM ) Based on the MSCI USA IMI Telecommunication Services 25/50 Index, this fund seeks investments in the telecommunication services sector in the U.S. equity market. As of October 30, 2018, the fund had 97% of its $180 million assets distributed across just 21 individual holdings and 3% in cash. Because […]
Manufacturing Output Up For 5th Straight Month: 2 Fund Picks
Manufacturing output advanced for the fifth straight month in October, per data from the Federal Reserve. Despite a fall in vehicle production, manufacturing production rose and offset the fall in the utilities and mining output. This led to the headline industrial production number gaining over October. Given these positive trends, the addition of mutual funds […]
Week Ahead: Crude Oil, Brexit, And Black Friday
Last week, the uncertainty about Brexit was the biggest news. This is after the cabinet endorsed the new draft. The decision led to the prompt resignations of key ministers, including Dominic Raab, the Brexit minister who had an important role in the negotiations. This week, the following may be the biggest movers. Brexit This week, […]
Brexit Developments’ Impact On The GBP
In the last several days, anyone who has been within a trade with the U.S. dollar and British Pound pair may have been feeling a little on edge, as the spike in the market and complex fundamental announcements have caused quite a turn in the market with a rather huge candle size after United Kingdom […]
