Category Archive: Finance, No picture
They Want To Call It India’s Lehman, It’s Just Dollar Tightening
Eurobonds are not a perfect substitute for dollars, but they may be someone’s only alternative. In some ways, Reflation #3’s weakness can be found originating in this context. The “rising dollar”, or eurodollar squeeze, of 2014-16 was a failure and even run on credit-based dollar funding offshore. If banks won’t deliver dollars, what’s left? Bonds. […]
Post-RBA AUD/USD Weakness To Persist As Bearish Trend Remains Intact
AUSTRALIAN DOLLAR TALKING POINTS AUD/USD is under pressure following the Reserve Bank of Australia (RBA) meeting as the central bank keeps the official cash rate (OCR) at the record-low, and the rebound from the 2018-low (0.7085) may continue to unravel as Fed Chairman Jerome Powell strikes a hawkish outlook for monetary policy. POST-RBA AUD/USD WEAKNESS TO PERSIST AS […]
Agriculture Markets Report – Tuesday, Oct.2
A review of the day’s trading in the agriculture markets. Video Length: 00:08:51
A Blockchain Rallying Cry: Free The Hostages!
Blockchain Growth Driven By Tech Obsolescence. Many Organizations Held Captive By Legacy Technology May Be Set Free By Blockchain For those seeking a rationale for making an allocation to blockchain and cryptocurrency technology, the simplest argument may be this: it’s an “idiosyncratic” growth story. That is, the secular forces driving growth in blockchain—like the secular […]
Dow Levels And Key Stocks To Watch Now
(Video length 00:09:53) In tonight’s video, Corey Rosenbloom walks you through the Dow Jones daily chart, paying specific note to the trend, levels, and short-term ideas, and then highlights which stocks are key for the Dow (like AAPL, BA, GS, and others). Update your levels and trendlines as we begin Q4 for these leading stocks. […]
Tighten Those Hatches Further
Eventually, it comes for everyone. They say that the only sure things in life are death and taxes. While true, over the last eleven years we’ve come to depend on another “d”, dollar. Sure, the US economy can decouple, but only for a while. To this point, the eurodollar is undefeated. There seems to be […]
Why People Should Stop Saying “Government Should Be Run Like A Business”
One of the most oft-repeated sayings in political circles is that “the government should be run like a business.” Traditionally, those throughout history who have argued for the reorientation of government and society along the lines of a single business or enterprise have been advocates of socialism and totalitarianism, including individuals like Vladimir Lenin, Henri de Saint-Simon, […]
Addressing Questions For The Pop In PMs
(Audio length 00:11:15) I always read a lot of differing opinion on the PMs to try to keep a balanced outlook. Some of the recent comments have been the following… Another short term fall to a double bottom. That’s the buying opportunity. Filling a couple recent gaps on the downside. Tax loss selling season. Did […]
Market Remains Overvalued – Tuesday, Oct. 2
Here is a summary of the four market valuation indicators we update on a monthly basis. The Crestmont Research P/E Ratio (more) The cyclical P/E ratio using the trailing 10-year earnings as the divisor (more) The Q Ratio, which is the total price of the market divided by its replacement cost (more) The relationship of […]
Trade Deal – U.S. Makes A Trade Deal With Canada
Last Friday, it looked unlikely that America and Canada would reach the September 30th deadline to make a trade deal. But it happened on Sunday night. The action on Monday makes perfect sense as the Dow increased 0.73% and the Russell 2000 fell 1.39%. America and Canada came close to their previous deadline. These negotiations were […]
