Category Archive: Finance, No picture
The Emergence And Erosion Of The Retail Sales Tax
About 160 countries around the world, including all the other high-income countries of the world, use a value-added tax. The US has no value added tax, but 45 states and several thousand cities, use a sales tax as an alternative method of taxing consumption. John L. Mikesell and Sharon N. Kioko provide a useful overview of the […]
5 ETF Ways To Bet On China’s New Tariff Threats
Trade war fears have once again flared up with China threatening to impose tariff on $60 billion worth of American goods if the United States places more tariffs on Chinese imports. The list includes new 5,207 products including aircraft, soya bean oil, smoked beef, coffee and flour imported from the United States, with charges ranging […]
Will Gold See A Tradable Bounce Off $1200 Support?
There are no two ways about it: 2018 has been an absolutely brutal year for gold bulls. The yellow metal came into the year with some impressive momentum, rallying from around $1240 in mid-December to hit a peak above $1360 by late January, but the proverbial “wheels have fallen off” since then. Gold held up […]
Forget The Trade War Already: China Is Cutting Taxes
The market’s obsession with trade wars may finally be exhausted and priced in. Move on to the next market mover: massive Chinese tax cuts, which should aid the WisdomTree ICBCCS S&P China 500 Fund (WCHN) and the WisdomTree China ex-State-Owned Enterprises Fund (CXSE), our passive ETFs for the country. Sure, China exported $457 billion worth of goods and services to […]
AUD/USD Price Analysis: Aussie Consolidation In Focus Ahead Of RBA
AUD/USD trading in key consolidation range ahead of major event risk- intraday levels to know The Reserve Bank of Australia (RBA) interest rate decision is on tap tonight and Aussie is trading right in the middle of a multi-month consolidation pattern we’ve been tracking for weeks now. Here are the updated targets and invalidation levels that […]
Monetary Paradigm Reset
Explaining a new paradigm can be both simple and impossible at the same time. For example, Copernicus taught that the other planets and Sun do not revolve around the Earth. He said that all the planets revolve around the Sun, including Earth. It isn’t hard to say, and it isn’t especially hard to grasp. Indeed, […]
SoftBank Cashes In
Shelly Palmer talks with Stephanie Sy on CNN Money about SoftBank’s Vision Fund and their spectacular earnings. Original Airdate: August 6, 2018
Stocks To Buy On The Outbreak Of Trade Peace
So, how will the trade war end? It could be the crucial trading call of 2018. “That which can’t continue, won’t,” I paraphrase the noted economist Herbert Stein. I think that logic neatly applies to our global trade wars today. In 1970, some 25% of world GDP was accounted for by international trade. Today it […]
Crude Forecast: Bullish RSI Trigger To Fuel Higher Oil Prices
OIL TALKING POINTS Oil prices may exhibit a more bullish behavior over the coming days as the Organization of the Petroleum Exporting Countries (OPEC) and its allies emphasize their commitment in rebalancing the energy market, and crude may continue to retrace the decline from the July-high ($75.24) as it appears to be on track to threaten the range-bound […]
E Forex Analysis Of GBP/USD For Monday, August 6
First, we look into the previous day trade and what happened on August 3, 2018, and the GBP/USD pair opened at 1.30145 and went high at 1.30378 and gone to low at 1.29850 and finally closed at 1.29965. The calculated pivot point for the day is 1.30064. The difference between high and low was nearly […]
