Category Archive: Finance, No picture
US GDP Highest Growth Rate In 4 Years
The US economy advanced an annualized 4.1 percent on quarter in the second quarter of 2018, well above an upwardly revised 2.2 percent expansion in the previous period and in line with market expectations. It is the strongest growth rate since the third quarter of 2014 amid higher consumer spending and soybean exports while business […]
Italian Bond Market Crisis Coming Up
Italy’s 10-Year bond yield surged around the Italian election. There’s heavy issuance in Sept and ECB tapering in Oct. The yield on Italian bonds surged in May on the victory of the League- and Five Star in the national election. The alliance does not intend to follow EU budget rules. Heavy issuance is coming up […]
Gold Prices Echo Externally Inspired US Dollar Volatility, RBA On Tap
Gold prices declined as the US Dollar returned to the offensive, sapping the appeal of anti-fiat alternatives epitomized by the yellow metal. The greenback rose to the highest level in 13 months against an average of its major counterparts. Meanwhile, a sentiment-driven rally in crude oil prices was aborted as reports of swelling Saudi exports crossed the wires. RBA IMPACT […]
AUDUSD Daily Analysis – Tuesday, August 7
AUDUSD stayed in a trading range between 0.7310 and 0.7483 for several weeks. Near-term resistance is at 0.7411, a break of this level could take the price towards 0.7483 resistance. Near-term support is at 1.7348, a breakdown below this level could trigger further downside move to test 0.7310 previous low support.
Sensex Opens Flat; Metal & Auto Stocks Gain
Asian stock markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.2% while the Hang Seng is up 0.7%. The Shanghai Composite is trading up by 1.4%. The three major US stock indices closed higher on Monday as investors applauded a strong US earnings season with results from Berkshire Hathaway impressing and […]
Here’s Why This FAANG Powered ETF Can Keep Outperforming
(Audio length 00:24:56) In this episode of ETF Spotlight, I talked with John Frank, QQQ equity product strategist at Invesco. We discussed the Invesco QQQ ETF (QQQ, which is based on the Nasdaq-100 Index. The Nasdaq-100 index is made up of 100 largest non-financial companies listed on the Nasdaq. While most investors think of QQQ […]
When Is Investing Like Gambling?
Last May, Kit Chellel wrote a very interesting article for Bloomberg News about Bill Benter, who won $900 million betting on horse races. The races he bet on were run on a parimutuel system, where odds are updated in proportion to how bettors bet, with the house simply skimming a commission off the top. One passage in […]
A Strategy For This Market
(Video length 00:08:51) Stocks melt higher in very low volume trading. You may want to watch this video now for a very low risk strategy with massive potential that is perfect for this kind of market…
Another Way Of Looking At The Pension Crisis: As “A Stealth Mortgage On Your House”
Money manager Rob Arnott and finance professor Lisa Meulbroek have run the numbers on underfunded pension plans and come up with an interesting – and highly concerning – new angle: That they impose a “stealth mortgage” on homeowners. Here’s how the Wall Street Journal reported it today: The Stealth Pension Mortgage on Your House Most […]
5 Reasons Your Company Should Offer A 401(k) Plan
Many business owners are reluctant to offer a 401(k) retirement plan due to concerns over ongoing administration, costs, and compliance. Another layer of complexity is that the value of a 401(k) plan can vary widely depending upon how well it is run and if it’s being used. Among clients that we work with, here are […]
