Category Archive: Finance, No picture
E Fed Abandons R-Star While Trump Caves In
The Federal Reserve and Donald Trump live in strange worlds. We need to examine those worlds. We know that the Fed has abandoned the r* (R-star) and Trump fortunately caved in to Canada. We know that for Donald Trump and his cronies, as the Doors song goes, women seem wicked when they are unwanted. His […]
Clues From The Past: Market Valuation, Inflation, Treasury Yields
Note: The charts in this commentary have been updated to include the latest monthly data. Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations on investment returns. In a “normal” market environment — one with conventional business cycles, Federal Reserve policy, interest rates and inflation — […]
Wall Street Bulls To Flourish In Q4: 5 Solid Growth Picks
The Wall Street bull-run, which entered its longest ever expansionary phase on Aug 22, is showing no signs of abatement. Despite trade war concerns, a robust U.S. economy and strong earnings results boosted investors’ confidence in the stock markets. Strong economic fundamentals have once again aided market participants’ appetite for relatively risky assets like equities. […]
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, […]
