Category Archive: Finance, No picture
Pension Liabilities Skyrocket: It’s The Promises, Stupid
Unrestrained benefit growth is behind many state fiscal crises: Special spotlight on Illinois. This is a guest blog courtesy of Wirepoints and authors Ted Dabrowski and John Klingner. It’s the Pension Promises, Stupid! You can trust public pension apologists to deflect any critique that calls out the failure of defined benefit plans. Unsurprisingly, their response to a recent Wall […]
E Forex Analysis Of EUR/USD For Wednesday, August 15
In Forex Trading, every day is not an independent day, it is an extension day of the previous day trading. First, we look into the previous day trade and what happened on August 14, 2018, and the EUR/USD pair opened at 1.13994 and went high at 1.14287 and gone to low at 1.13299 and finally […]
Wicksell’s Elegant Model
“It’s unbelievable how much you don’t know about the game you’ve been playing all your life.” – Mickey Mantle The word discipline has two closely related applications. Discipline may refer to the instruction and nurturing of an individual. It can also carry the connotation of censure or punishment. The purpose of discipline, in either case, is to […]
An Analyst Says Asset Allocation “In Serious Decline.” Really?
A Forbes columnist last week warned that asset allocation is falling on hard times. Rob Isbitts, founder and chief investment officer of Sungarden Investment Research, writes that “if you started investing in a typical asset allocation strategy any time since mid-2012, your returns have been progressively worse.” Using a set of BlackRock asset allocation ETFs as evidence, […]
Lackluster U.S. Retail Sales Report To Curb EUR/USD Losses
Updates to the U.S. Retail Sales report may spark a bearish reaction in the U.S. dollar as household spending is expected to increase 0.1% in July versus the 0.5% expansion the month prior. A marked slowdown in private-sector consumption may dampen the appeal of the greenback as it casts a weakened outlook for growth, with the U.S. […]
BTC/USD Forex Signal – Wednesday, August 15
Yesterday’s signals were not triggered, as there was no bearish price action at $6,178 but the earlier long trade from $5,950 would be nice in profit if it had been allowed to run. Today’s BTC/USD Signals Risk 0.75% per trade. Trades may only be entered between 8am London time and 5pm Tokyo time, over the next […]
America’s Indo-Pacific Economic Vision Is Merely Geopolitical Maneuvering
The Trump administration’s Indo-Pacific Vision is not an alternative to Chinese and other development initiatives in the Asia Pacific. It is a geopolitical play that is likely to benefit mainly advanced economies. What the Asia Pacific needs is a sustainable, long-term plan for accelerated economic development – not new geopolitical divisions. On July 30, U.S. […]
USDCAD Daily Analysis – Wednesday, August 15
USDCAD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2961 had completed at 1.3170 already. Further decline is still possible and next target would be at 1.2961 support. Resistance is at 1.3170, only a beak of this level could trigger another rise towards 1.3300.
Tesla’s Hail Mary Play And Convertible Bond Hokey Pokey
Elon Musk’s Tweet about going private was likely an act of desperation. Tesla will not meet stated profitability goals. It’s looking increasingly likely that Musk’s August 7 Tweet about taking the company private was a purposeful distraction as well as a violation of security laws. Here is the Tweet once again. Am considering taking Tesla […]
Crude Oil Prices May Fall If EIA Inventory Data Echoes API Call
Crude oil prices swung lower as members of a UK union at three Total-owned rigs agreed to negotiations on hours and pay following a series of strikes. The news hinted at the possibility that further supply disruption might be avoided. The down move as amplified as API reported that US inventories unexpectedly added 3.66 million barrels […]
