Category Archive: Finance, No picture
Look At These 3 Best Dimensional Mutual Funds
Dimensional Fund Advisor offers investment solutions from different asset classes to institutional and individual investors, investment consultants and financial advisors. With a workforce of more than 1200, Dimensional Fund Advisor has 13 offices in nine different countries, including the United States. It invests in both domestic and foreign equities, fixed income securities, retirement income funds, […]
Defining Accommodative
Here are two statements from the Federal Reserve’s Federal Open Market Committee (FOMC) immediately following their interest rate decisions of August 1, 2018 and September 26, 2018. August 1, 2018 – In view of realized and expected labor market conditions and inflation, the Committee decided to maintain the target range for the federal funds rate at […]
September Producer Price Index: Core Final Demand Up 0.2% MoM
Today’s release of the September Producer Price Index (PPI) for Final Demand came in at 0.2% month-over-month seasonally adjusted, up from last month’s -0.1%. It is at 2.6% year-over-year, down from 2.8% last month, on a non-seasonally adjusted basis. Core Final Demand (less food and energy) also came in at 0.2% MoM, up from -0.1% […]
Top 5 Charts Of The Week – Wednesday, Oct. 10
This week we look at the following charts and themes: 1. Global leading indicator breadth – a softening in global growth, and wobbles in global equities 2. China and Copper – the bad, the ugly, and the good of slowing growth in China (and what it means for copper) 3. Treasuries futures positioning – traders […]
Fastenal Q3 Earnings And Revenues Surpass Estimates
Fastenal (FAST – Free Report) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.99%. A quarter ago, it was expected that […]
Global Fixed Income: Breaking New Ground?
It was an incredibly volatile week in the bond market on both sides of the Atlantic, as the month of October got underway. The overarching theme at week’s end was higher yields in both the U.S. and the eurozone. Was this renewed move to the upside in rates caused by any groundbreaking developments? And what could this mean going forward? […]
The First Casualty Of Trade War Is Truth
As Trump tariffs continue to spread, an ideological war of words is redressing harsh protectionist realities. What is the state of Chinese growth amid the US tariffs? And what is the impact of the trade wars on global economic prospects? Recently, US academic Yasheng Huang argued on Wall Street Journal that “Jack Ma is retiring. […]
Morning Call For Wednesday, Oct. 10
Overnight Markets And News Dec E-mini S&Ps (ESZ18 +0.04%) this morning are down -0.04% and European stocks are down -0.23% as T-note yields move higher after New York Fed President Williams said “further gradual increases in interest rates” are the best way to foster a sustained expansion and also reduce risk-taking in financial markets. Supply pressures […]
US Inflation Needs To Be Really Bad To Stop The USD
US Core Inflation is expected to recover after a blip in August. Fed expectations for a hike in December are set to strengthen. Barring a second consecutive disappointment, the USD will likely remain bid. The US publishes its Consumer Price Index report for September on Thursday, October 11th, at 12:30 GMT. The Fed has two mandates: employment […]
Are Italy’s Stocks Worth Going Long?
Just look at the news – Italy is not so sunny anymore: its public debt is >120% of the GDP (double the EU maximum) and its coalition government plans to borrow 1,6% of the GDP this year. On top of it, the bad news keeps coming: a Genova bridge collapsed in August, putting Atlantia S.p.a., […]
