Category Archive: Finance, No picture
China’s Effort To Rein In Property Bubble Has Rents Soaring And “Rental Loans”
Rental loans, intended to ease the cost of living in big cities contributes to China’s property bubble mess. Once an economic bubble is inflated, it is damn near impossible to let the air out slowly. China’s effort to rein in a property bubble by making it harder to buy homes has the price of rent […]
Best Commodity ETFs Of Q3
Commodities’ weak performance continued in the third quarter, marking the longest losing streak in more than three years. The Bloomberg Commodity Index, which measures returns on 22 raw materials, declined 2.5%. This was largely due to a strong dollar, trade frictions and concerns over the Chinese demand outlook. Additionally, weakening economic growth in many parts […]
The Four Totally Bad Bear Recoveries; Where Is Today’s Market?
This chart series features an overlay of the Four Bad Bears in U.S. history since the equity market peak in 1929. They are: The Crash of 1929, which eventually ushered in the Great Depression, The Oil Embargo of 1973, which was followed by a vicious bout of stagflation, The Tech Bubble crash and, The Financial Crisis following the record high in […]
The S&P 500, Dow And Nasdaq Since Their 2000 Highs – Wednesday, Oct. 3
This update is in response to a standing request for real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq Composite. It includes the latest monthly close data. Here are two overlays — one with the nominal price, excluding dividends, and the other with the price adjusted for inflation based on the Consumer Price […]
4 Best Warren Buffett Stocks To Buy For Q4
Berkshire Hathaway Inc. (BRK-B – Free Report) Chairman and CEO Warren Buffett is a great role model if you want to be an astute investor. He has accumulated a fortune of more than $87 billion over his career after getting into the investing game pretty early. Buffett’s investing style is quite simple. He uses a more qualitative […]
Lennar Stock Up On Q3 Earnings Beat, Revenues In Line
Lennar Corporation’s (LEN – Free Report) shares gained 5.5% in the pre-market trading session, following the release of third-quarter fiscal 2018 results, wherein earnings surpassed the Zacks Consensus Estimate. The company’s third-quarter adjusted earnings of $1.40 per share topped the consensus mark of $1.19 by 21 cents. The reported figure mainly excludes acquisition and integration costs […]
Do Markets Care About Midterms?
As fall hits its stride, the looming midterm elections in the U.S. Congress are increasingly becoming a focal point for the nation. On Nov. 6, contests across the country will decide whether the Democratic party wrests control of the House of Representatives, the Senate or both chambers of Congress from the Republican party, which has […]
ISM Non-Manufacturing: All-Time High
The Institute of Supply Management (ISM) has now released the September Non-Manufacturing Purchasing Managers’ Index (PMI), also known as the ISM Services PMI. The headline Composite Index is at 61.6 percent, up 3.1 from 58.5 last month and an all-time high. Today’s number came in above the Investing.com forecast of 58.1 percent. Here is the report summary: […]
US Dollar Set To Rise Further As US Joins Global Slowdown
In our previous commentary previous commentary on the US dollar, we wrote that the buck was set to rise further thanks to our forecast for slowing US growth and inflation. Given the US dollar’s safe haven qualities, the currency performs the best when economic conditions deteriorate. Following the publication of our last commentary, the performance of the […]
Brexit: Conservative Conference Concluded, Time For A Climb Down – GBP/USD Long?
UK PM May repeated her message that no Brexit deal is better than a bad deal. She staved off the rebellion and had the mandate to change her policy. The GBP/USD is still on the back foot, but this can change. UK Prime Minister Theresa May delivered a successful speech in Birmingham. Contrary to the […]
