Category Archive: Finance, No picture
Japan Avoids A Technical Recession, But GDP Disappoints
Japan’s fourth quarter GDP was revised up to avoid a technical recession, and yet it still missed market expectations. We believe sluggish private consumption should remain a concern for the BoJ in order to change its policy direction. We therefore see a higher chance of a policy change in April than in March.BingStrong exports and non-residential investment led the […]
FX Daily: Data Versus Powell, Round Two
Image Source: Unsplash The dovish-perceived testimony by Fed Chair Jerome Powell last week shifted all attention to US data. The first input, US jobs data, raised more concerns about data quality than answering questions on the labor market. We expect a 0.3% MoM core CPI this week, which remains inconsistent with a cut before June and can offer the dollar some […]
Dare To Be Different
I skate to where the puck is going to be, not where it has been. Wayne Gretzky BingI took my wife to dinner Saturday night at a local, boutique hotel. The Willcox Hotel was established in the late 19th century to cater to the Winter Colony of wealthy northerners who spent their winters in South Carolina. Today it […]
Economic Data Forecasts For The Weeks Of March 11 And 18
Here are my forecasts for upcoming economic data. Prior Forecast Observation Week of March 11 March 12 NFIB Small Business Optimism Index – February 90.6 89.9 Consumer Price Index – February 0.4% 0.4 CPI Core 0.3 0.4 […]
US30 | Dow Jones Analysis And Week-Ahead Forecast
More By This Author:NZDUSD Analysis & NZDUSD Price Prediction Forecast USDX Index Analysis Today, US Dollar Index & USDX Dollar Forecast USDJPY Daily Analysis And Price Prediction Forecast
The Business Cycle – Profiting In Bull Or Bear Markets
Image Source: UnsplashI was recently asked, “How do you select stocks using the business cycle?” This video answers that question in detail.00:10:48More By This Author:The Business Cycle – The Bullish Way To Read The Yield Curve The Business Cycle This Indicator Has A Great Record The Business Cycle, The Stock Market, And Interest Rates
Weekly Forex Forecast – Sunday, March 10
Image Source: UnsplashLast week saw chances of a US rate cut at the May Fed meeting increase, although the very strong US jobs data release on Friday increased speculation that there will be no rate cuts at all in 2024, triggering a late selloff in US stock markets. Fundamental Analysis & Market Sentiment I previously wrote on March […]
What A Trip: Psychedelic Medicine Company MindMed Shares Rocket 50% After Positive Data
Image Source: UnsplashShares of clinical stage biopharmaceutical company MindMed were heavily monitored on Friday after the stock rocketed higher during Thursday’s cash session by more than 51% on more than 30x the company’s average volume. The company announced on Thursday that it had received breakthrough therapy designation by the FDA and announced positive 12 week durability data from a Phase 2B […]
Qualcomm Dividend Increase
Image Source: UnsplashQualcomm Incorporated (QCOM) recently increased its quarterly dividend by 6.25%, from 80 cents to 85 cents per share. The dividend increase will be effective for quarterly dividends payable after March 21, 2024.Qualcomm’s contribution to my portfolio’s projected annual dividend income will increase by $20 to $340.I own 100 shares of the stock at an average cost basis of $109.75 per share. Following this increase, […]
