Category Archive: Finance, No picture
Barrick Gold To Acquire Randgold: ETFs Set To Shine
Merger and acquisition activities across the globe has been hitting record highs this year. The frenzy has spread to the gold mining space as the world’s largest gold producer Barrick Gold (ABX – Free Report) has agreed to buy Africa-focused rival, Randgold Resources Ltd (GOLD – Free Report) in an all-stock deal. Per the terms of the deal, each […]
E Special Fund Report
I wound up having to spend less time at Bronx Science than expected—because two students whom I was supposed to help prep for their college acceptance interviews failed to turn up. These Chinese-Americans clearly lack respect for their elders, like me. So here is a special blog with news in it rather than tables, to […]
In India, ‘Another Fed-Induced Tightening Tantrum’
Following last week’s dollar weakness and concurrent reinvigoration of the reflation trade (perhaps temporary), Nomura’s Charlie McElligott is out with his latest daily missive which, as usual, offers a quick “lay of the land”, so to speak. Earlier on Monday, Mario Draghi, speaking in Brussels, struck a relatively hawkish tone, adding to the policy convergence impetus […]
China: The Emerging Markets (Relative) Haven
The S&P China 500 is down 25% since January 26,1 an ugly and quick plunge that fits the common definition of a bear market. Who in their right mind would use “haven” in the same sentence as “China”? We will, in context. Compared to cash in a Zurich vault, no, China is not even close to a haven. But is […]
Weekly Technical Perspective On The Japanese Yen (USD/JPY) – Monday, Sept. 24
In this series we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. The Japanese Yen is trading just below yearly range resistance with the FOMC interest rate decision on tap this week. Here are the key targets & invalidation levels that matter on the USD/JPY weekly chart USD/JPY WEEKLY PRICE CHART […]
Some Good News From Tesla
I’ll give you a chance to pick yourself off the floor first. While the media focus seems to be overwhelmingly on problems with the Tesla 3 (TSLA) production these days, the fact is that some of the company’s other business lines are growing like gangbusters. Orders for the groundbreaking Tesla Powerwall were up an eye-popping […]
Rethinking The Fed’s 2% Inflation Target: Spotlight On An Absurd Debate
Is the Fed’s 2% inflation target too high or too low? That’s the big debate now amongst central bankers. The Wall Street Journal reports Policy Makers Rethink a 2% Inflation Target. From Ottawa to Oslo, policy makers have been considering whether that level of consumer-price growth, a Holy Grail for the world’s major central banks over […]
Eurodollar University Collateral; May 29 – We Know Who It Wasn’t
At one time, economics actually cared about eurodollars. Maybe it was because the thing was so new, it was a hot, sexy topic, the kind of strange and unusual deviation from the norm that can grasp someone’s attention and hold it. Perhaps it was the way in which it all began, an entire monetary system […]
Five Dividend Stocks Rewarding Shareholders With A Raise
As part of my monitoring process, I review the list of dividend increases every week. I use this process to evaluate existing holdings and also to identify hidden dividend gems. I find it helpful to observe the pulse of dividend increases in my overall monitoring process. I looked at the list of dividend increases and then […]
The Happy New World Of Tariffs
As President Trump imposes tariffs on China and elsewhere, much dark muttering is heard from the media and conventional economists about Smoot-Hawley and the 1930s. They are too gloomy. Two factors have changed since the 1930s: bloated government and the invention of computers, and their combination means that the Victorian dream of universal free trade […]
