Category Archive: Finance, No picture
America’s Indo-Pacific Economic Vision Is Merely Geopolitical Maneuvering
The Trump administration’s Indo-Pacific Vision is not an alternative to Chinese and other development initiatives in the Asia Pacific. It is a geopolitical play that is likely to benefit mainly advanced economies. What the Asia Pacific needs is a sustainable, long-term plan for accelerated economic development – not new geopolitical divisions. On July 30, U.S. […]
USDCAD Daily Analysis – Wednesday, August 15
USDCAD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2961 had completed at 1.3170 already. Further decline is still possible and next target would be at 1.2961 support. Resistance is at 1.3170, only a beak of this level could trigger another rise towards 1.3300.
Tesla’s Hail Mary Play And Convertible Bond Hokey Pokey
Elon Musk’s Tweet about going private was likely an act of desperation. Tesla will not meet stated profitability goals. It’s looking increasingly likely that Musk’s August 7 Tweet about taking the company private was a purposeful distraction as well as a violation of security laws. Here is the Tweet once again. Am considering taking Tesla […]
Crude Oil Prices May Fall If EIA Inventory Data Echoes API Call
Crude oil prices swung lower as members of a UK union at three Total-owned rigs agreed to negotiations on hours and pay following a series of strikes. The news hinted at the possibility that further supply disruption might be avoided. The down move as amplified as API reported that US inventories unexpectedly added 3.66 million barrels […]
Cotton Recent Fall Presents An Interesting Buying Opportunity
Cotton is an important agricultural crop used for the apparel industry. Cotton-made products are known for their quality, beauty, and their durability but lightweight. As the world’s population has increased, so has the need for cotton. This is because every day, cotton-made clothes are worn by more than 6 billion people. Cotton’s producing industry is […]
AUDUSD Daily Analysis – Wednesday, August 15
AUDUSD extended its downside movement from 0.7453 to as low as 0.7222. Further decline is still possible after a minor consolidation and next target would be at 0.7100 area. Near-term resistance is at 0.7283, only a break of this level could signal completion of the downtrend.
Pure Corruption
In December 1999, Princeton Professor Ben S. Bernanke wrote a relatively obscure paper largely denouncing the Bank of Japan’s shyness. Japan’s economy had by then been mired in its first Lost Decade, one which at that moment not everyone was sure should have been lost. It was fashionable at the time to pile on the BoJ. Dr. […]
Hyperinflation Has Destroyed Venezuela
Has coffee become an unattainable luxury? It is if you live in Venezuela’s capital of Caracas. In July, the price of a cup of coffee was 2 million bolivars. In a country where the minimum wage has been raised to 3 million bolivars, coffee has become as unaffordable as food, housing, clothing, and medicine. Venezuela is in […]
5 Of Today’s Biggest Marijuana Stock Gainers – Tuesday, August 14
Out of over 200+ marijuana stocks, here are 5 of the biggest marijuana stock winners in trading on Tuesday, August 14th including CV Sciences, Inc. (OTC: CVSI) and more… Bang Holdings Corp. (OTC: BXNG) Shares of Bang Holdings Corp. rose 54.90% on higher than the average trading volume on the OTC markets, closing the day at $0.474 USD per share. Recently, Bang Holdings announced that the […]
Metals Under Pressure, Will The Fed React?
Chris Temple joins me this morning to recap the market moves to start the week and take a step back to look at the big picture. With the rest of the world’s markets struggling and money continuing to flow into the US will the Fed get in front of it or wait until international events […]
