Category Archive: Finance, No picture
Japan GDP — Not Bad, But No Room For Complacency
The drop in Japan’s third-quarter GDP does not mark the start of a recession, but it does underscore that neither the Bank of Japan (BOJ) nor fiscal policy has room to change. If anything, the GDP report confirms BOJ Governor Kuroda’s recent assertion that the balance of risk to the macroeconomic outlook has become more asymmetrical, tilted toward the downside. All said, […]
Does Any Of This Make Sense?
Does any of this make sense? No. But it’s so darn profitable to the oligarchy, it’s difficult to escape debt-serfdom and tax-donkey servitude. We rarely ask “does this make any sense?” of things that are widely accepted as beneficial— or if not beneficial, “the way it is,” i.e. it can’t be changed by non-elite (i.e. […]
Sensex Ends 197 Points Higher; Healthcare & FMCG Stocks Witness Buying
Indian share markets continued to trade on a positive note during closing hours of trade and ended the day higher. Gains were largely seen in the healthcare sector and FMCG sector, while metal stocks witnessed selling pressure. At the closing bell, the BSE Sensex stood higher by 197 points (up 0.6%) and the NSE Nifty closed higher by 66 points (up 0.6%). The BSE Mid Cap index […]
USD/CAD Daily Analysis – Friday, Nov. 16
USD/CAD is facing the support of the price channel on the 4-hour chart. As long as the channel support holds, the pullback from 1.3263 could be treated as consolidation for the uptrend and another rise towards 1.3300 is possible after the consolidation. Only a clear break below the channel support could signal completion of the […]
E Elliott Wave Analysis: GBP/USD And Gold Update
Cable was hit hard recently, and decline may not be over yet within wave C/3 as current price move above 1.2750 seems slow so it can be a fourth wave that may find some new seller at around 1.2837. Only above 1.2950 we may say that bulls are back! GBP/USD, 1h As we can see […]
The Intolerable Scourge Of Fake Capitalism
All is now bustle and hubbub in the late months of the year. This goes for the stock market too. If you recall, on September 22nd the S&P 500 hit an all-time high of 2,940. This was nearly 100 points above the prior high of 2,847, which was notched on January 26th. For a brief […]
Why Natural Gas Prices Are Breaking Out
In August I warned of a disconnect between natural gas prices and supply risks. Prices have risen nearly 60% since, and may yet go higher. Major disconnects between prices and fundamentals don’t last forever. And when these disconnects revert back to the fundamentals, prices can move quickly and investors can make a lot of money. […]
In A Booming Economy, You Borrow And Build
We often forget the middle 2000’s was not uniquely a housing bubble. It commanded our attention because that’s what ended up affecting so many Americans personally; whether foreclosures or just the negative “wealth effect” of declining real estate values. This was also pretty easy to understand, an asset bubble though complicated in its full manifestations […]
Empire State Manufacturing Survey: Continued Growth In November 2018
This morning we got the latest Empire State Manufacturing Survey. The diffusion index for General Business Conditions at 23.3 was an increase of 2.2 from the previous month’s 21.1 . The Investing.com forecast was for a reading of 19.3. The Empire State Manufacturing Index rates the relative level of general business conditions in New York state. A level […]
What Is The Lindy Effect And How Can It Help Your Retirement?
A beginner’s look at the Lindy effect. The definition of the Lindy effect as follows; The Lindy effect is a concept that the future life expectancy of some non-perishable things like a technology or an idea is proportional to their current age, so that every additional period of survival implies a longer remaining life expectancy. […]
