Category Archive: Finance, No picture
Gold Trends And Debt Bombs
Veteran trends forecaster Gerald Celente of Trends Research Institute speaks with SBTV about how the gold price performed from the 80’s to today – the peak in 1980, why the gold price was flat in the 90’s and what fueled gold in the 2000s. Gerald also gives a price forecast based on the current geopolitical […]
E The Oil Price Collapse Will Hit Canada
Revised data from Statistics Canada confirmed that Canada’s economy suffered even worse than previously reported from the massive decline in oil prices that began in 2014. The agency lowered the national growth figure to 1.1 percent in 2016, compared with 1.4 percent previously, and to 0.7 percent in 2015, from 1 percent. The collapse of […]
S&P 500 Snapshot: Up 2.1% From Last Friday
The S&P 500 climbed through the middle of the week, only to come down a bit on Friday. The index closed up 2.13% from last Friday, but down 0.92% from yesterday (Thursday). It is up 1% YTD. The U.S. Treasury puts the closing yield on the 10-year note at 3.19%. Here is a daily […]
Australian Dollar Can Hold Up As Long As Risk Appetite Does Too
Fundamental Australian Dollar Forecast: Neutral The Australian Dollar markets seems back to the thesis that the next interest rate move, when it comes, will be a rise Of course it probably won’t come soon, and futures markets reflect this But the currency has at margin a little more support here than it did The Australian Dollar has […]
NASCAR Offers To Acquire International Speedway For $42 Per Share
International Speedway Corporation announced that its board of directors has received a non-binding offer from NASCAR to acquire all of the outstanding shares of Class A common stock and Class B common stock of the company, other than the shares held by the controlling shareholders of ISC, for a cash purchase price of $42.00 per […]
Corporate Debt Demand Spikes To Four-Month High Amid US Elections
Talking Points: HYG saw $1.2 billion enter the fund as investors gained confidence in the staying power of regulations passed by the Trump administration The IVV,VOO and SPY funds saw $2.2 billion in new capital on a mixed but timidly green trading week Trade wars will likely be the driving force behind next week’s ETF flows […]
Third Point Discloses New Position In American Express In Quarterly Letter
In its Third Quarter 2018 Investor Letter, Third Point reported that the Third Point Offshore fund was down 0.1% in the quarter and is up 0.6% year-to-date, stating “Underperformance forces us to take a hard look at how our process let us down and, in this letter, we will try to share with you what […]
