Category Archive: Finance, No picture
Bitcoin Price Analysis & Bitcoin Forecast – Saturday, August 31
This video will show you what is expected on the Bitcoin market based on the technical analysis. Which support and resistance levels are in front of the BTC price and which breakout is gonna happen. Based on the technical analysis this video analysis on BTC | Bitcoin will show you what to expect.Video Length: 00:03:40More […]
In The Last 18 Months Food Prices Have Risen By Just Over One Percent
Image Source: UnsplashYes, I am serious. The media have no intention of allowing the data to get in the way of their bad economy stories. So now that food prices have pretty much stopped rising, the Guardian is coming to the rescue to tell readers how they can cope with rising food prices.Here’s the picture on food prices […]
More On The Preliminary Benchmark In Context
Image Source: UnsplashRecall the preliminary benchmark deducted 818K from the March NFP reading.Figure 1: Level of nonfarm payroll employment from CES (blue), implied from CES preliminary benchmark (red), from Philadelphia early benchmark (tan), Goldman Sachs estimate of preliminary revision (light blue). Early benchmark calculated using ratio of sum-of-states early benchmark to sum-of-states. Source: BLS via FRED, BLS, Philadelphia Fed, […]
Drowning In Data Soup: Why Factor Investing Cannot Be Scientific
Image Source: Pexels The Nature of Financial Data Late last year, Marcos M. López de Prado, a hedge fund manager and professor who has pioneered machine learning in finance and who is currently global head of quantitative research and development at one of the world’s largest sovereign wealth funds, published a monograph called Causal Factor Investing: Can […]
Three Big Fish That Got Away
Image Source: UnsplashBelow are three stocks that have these things in common: (a) I identified them all as bearish candidates when they were vastly more expensive (b) I bought puts on them (c) I sold the puts not long afterward, probably at a loss (d) I missed out on multi-hundred-percent gains on CONSERVATIVE (many months out, in the money) put options. What a dope!More By This […]
Business Cycle Indicators As Of August’s End
Image Source: PexelsJuly nominal consumption growth at consensus (+0.5%). Month-on-Month annualized real consumption growth at 4.5%, with June revised up from 2.6% to 3.2%. Moreover, annualized personal income ex-transfers grew 1.9% in July. Here is a snapshot of some key indicators followed by the NBER Business Cycle Dating Committee.Figure 1: Nonfarm Payroll (NFP) employment from CES (bold […]
Avoid These Pitfalls Of Biotech Investing
Image Source: Unsplash“It’s either water, or it’s not water. And we know it’s not water.”That’s what the CEO of a small cap biotech company once said to me in a hotel suite during the J.P. Morgan Healthcare Conference.He was talking about his company’s groundbreaking cancer drug that was in clinical trials. He was basically telling me […]
Poland’s 2025 Budget: Manageable But Fiscal Adjustments Needed
Image Source: Pexels The Ministry of Finance plan The Ministry of Finance has published a detailed budget plan for 2025, which includes a market-important plan for financing borrowing needs in 2025 and a breakdown of the supply of individual instruments. The net borrowing needs of the state budget in 2025 will amount to PLN367bn vs PLN252bn in […]
Stocks End August Flat After Early Collapse; Bonds & Gold Soar On Rate-Cut Hopes
Image Source: PexelsThe S&P 500 traded in a 500+ point band in August (about 10%) as investors first became very concerned that an imminent recession was being ignored by the Fed, before becoming more convinced that a recession may not be that imminent and the Fed is poised to cut rates at its September meeting.Along the way, […]
Gold’s Defiant Summer
Image Source: Unsplash Gold is finishing one of its most-defiant summers in memory. Gold rallied to new record highs in recent months despite odds stacked against it. Gold was extremely overbought heading into summer 2024, its primary drivers weren’t performing well or really favorable, and the AI stock bubble continued to distract investors. Yet gold defied […]
