Category Archive: Finance, No picture
Morning Call For Friday, Sept. 28
Overnight Markets And News Dec E-mini S&Ps (ESZ18 -0.25%) this morning are down -0.22% and European stocks are down -1.19% at a 1-week low as a sell-off in Italian bank stocks leads the overall market lower. Political risks in Italy are undercutting stocks after the Italian government agreed to set next year’s budget deficit target at […]
Sensex Ends Lower; Infibeam Crashes 70%
Indian share markets ended marginally lower on Friday, weighed down by automobile and information technology (IT) stocks. At the closing bell, BSE Sensex ended down by 97 points, while, NSE Nifty ended down by 47 points. Except energy stocks and bank stocks, all sectoral indices ended the day in red with metal stocks and realty stocks falling over 5%. Globally, Asian stock markets finished broadly higher today with shares […]
Fed Tightening Cycles: Broader View And Implications For Gold
It should be clear that the Fed’s tightening is bearish for gold, shouldn’t it? Our today’s about the history of the Fed’s tightening and its impact on the macroeconomic variables and the gold prices undermines that popular belief. We invite you to read it and draw precious metals investment conclusions from it. We often repeat that […]
The Fed, The Yield Curve And The Outlook For Emerging Markets
(Video length 00:23:11) Markets & Money Advisory’s founder and CEO Lars Christensen comments on the Fed rate decision, the risk of a yield curve inversion and the implications for global Emerging Markets.
Oil Mania Redux
By now, late September of 2018, it has become increasingly evident that something big is about to happen. What exactly that may be is anyone’s guess. But, whatever it is, we suggest you prepare for it now…before it’s too late. Several weeks ago, if you hadn’t heard, an undisclosed rich guy enthusiastically bid up and […]
Smucker: Will Next Year Recover 2018’s Market Loss?
This week I’m seeking a prestigious and long-term dividend paying stock from the consumer defensive sector. That defensive sector includes thirteen industries all related to providing those convenient packaged goods we’ve just gotta have. Industries like: beverages, brewed, soft, or distilled; confections; discount stores; education & training; farm products; food distribution; grocery stores; household & […]
USD/CAD Daily Analysis – Friday, Sept. 28
USD/CAD extended its upside movement from 1.2884 to as high as 1.3081, breaking above 1.3064 resistance. Further rally could be expected after a minor consolidation and next target would be at 1.3200 area. Near term support is at 1.2980, as long as this level holds, the uptrend will continue.
EUR/USD Suffers On Italy And The Fed, Bears In Control
The Italian government approved a deficit of 2.4%, breaching EU rules. A busy day of indicators ends the quarter as the Fed is still heard. The pair is entering oversold conditions, but the bears are in control. The EUR/USD is trading closer to 1.1600, extending the losses seen on Thursday. The Italian government approved a […]
‘We Do Not Think Markets Will Appreciate This’: Italy’s Populists Successfully Blow Up Budget
A deal has been reached by the full government on 2.4% [of GDP]. We are satisfied. It’s the budget for change. That’s a quote from a joint statement issued by League leader Matteo Salvini and Five Star chief Luigi Di Maio and it’s characteristically misleading. Italian assets came under pressure on Thursday when Salvini and Di Maio made […]
The Case For The Federal Reserve To Revalue Gold To $5000
Mark Valek, partner at Incrementum AG and co-author of the In Gold We Trust Report, comes on SBTV to discuss reasons for holding gold today and the case for the Federal Reserve to revalue US gold holdings to $5,000/oz – an idea proposed by Jim Rickards. We get Mark’s thoughts on how the world will look like with $5,000 gold. […]
