Category Archive: Finance, No picture
Gold’s First Up Week In The Last Seven; S&P Surpasses Heaven
Our subject is Gold, but briefly let’s start with stocks as they’re breaking the mold. The S&P 500 marginally broke its all-time closing high yesterday (Friday) in settling at 2874.69: that is 1.82 points higher than the previous such high of 2872.87 set back on 26 January of this year. “From which you’d said there’d […]
A Classic Connection Foretells
US Equities put in new all-time highs despite the rancor surrounding the presidency. The classic takeaway is that the market reaction to news is more important than the news event itself. Are you ready for a parabolic move up? It is certainly possible. The dollar took a breather from the tear it’s been on and […]
Forex Forecast And Cryptocurrencies Forecast For August 27-31, 2018
First, a review of last week’s events: EUR/USD As expected, the US-China talks did not bring clarity: the only information came from the PRC Ministry of Commerce, which reported that the talks were frank and useful. Such a wording can be considered as the absence of specific results. The speech by Fed Chairman Jerome Powell […]
AUDUSD Weekly Analysis – Sunday, August 26
AUDUSD remains in the downtrend from 0.8135 and the price action from 0.7202 is likely consolidation for the downtrend. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to resume and a breakdown below 0.7202 support could trigger another fall towards 0.7000. The […]
Macroeconomic Considerations
The force that had pushed the US 10-year Treasury yield to 3% and the dollar above JPY113 at the start of the month, and the euro to $1.13 a couple of weeks ago, has dissipated. The 10-year yield is near 2.80%. The dollar was near two-month lows against the yen a week ago, and the euro […]
Weekly Economic And Political Timeline – Sunday, August 26
This week will see an even lighter week than last week, with no central bank input due at all. There will be only a very few major economic data releases, primarily concerning the U.S. and Canadian Dollars. The market is likely to be most active on Wednesday. Monday is a public holiday in the United Kingdom. U.S. […]
Reliable Yields Are The Best
Before jumping at an attractive yield, investors should pause to consider its consistency. In recent years, traditional MLP investors were victims of one of the greatest betrayals in U.S. financial history. Older, wealthy Americans were drawn to companies that paid out most of their cashflow in distributions. For years, America’s energy came from roughly the […]
E US Monetary Policy Vs. Budget Deficit
The Fed is still on track to gradually tighten its monetary policy by using two related instruments, raising interest rates and gradually reducing its securities holdings. What follows inititally is a bit of familiar history. In response to the severe economic downturn and the financial crisis that gripped the U.S. in 2008 and 2009, the […]
