Thanksgiving Travel To Be Highest In 12 Years: 5 Picks
More Americans will hit the roads or take to the skies this Thanksgiving weekend, a number that would surpass the levels of the past 12 years. Traveling by car, train or plane is in the cards, courtesy of an uptick in personal income and steady wage growth. Upbeat consumer confidence and a healthier economy are […]
Market Talk – Wednesday, November 22
Another solid day for Asia with many talking that the key takeaway was the Hang Seng clearing the 30k mark, the first time in 10 years. It even managed a close above this psychological level adding another 0.6% to the 36% already achieved this year. The Nikkei also added 0.5% an impressive performance given that […]
Recent Investment November 2017
It has been a while since my last investment but as I said a couple of days ago I will do one more investment in 2017. I purchased 45 units of the following ETF iShares Dow Jones Asia Pacific Select Dividend 30 UCITS. The ETF shows an index composed of 30 stocks with leading dividend yields […]
The Best Long-Term Indicator You Never Looked At
Investors devote countless hours searching for stock market indicators. They analyze earnings, dividends, momentum and esoteric theories looking for the ultimate tool. They rarely consider demographics, but that’s one of the most important long-term indicators. Demographic data is a detailed look at a population. It breaks a large group into small units. Advertisers use demographic data […]
Stocks And Precious Metals Charts – Thankfulness
The Fed minutes noted that inflation remains persistently subdued. No surprise there, since top down stimulus to my knowledge has never worked, and is certainly not doing anything now except distorting the economy and straining the social fabric. So lets pass a massive tax cut that favors, to a remarkable degree, the already wealthy. Peak […]
Recapping The Fed Minutes And An Update On Oil
Chris Temple joined me after the Fed minutes were released to recap some of the points that he noted. We discuss the ongoing inflation debate within the Fed and the changing of the guard with a number of seat switching next year. We also look at the oil price which continues to move up ahead […]
The Natural Gas Gap Is Finally Filled
Make it 8 of the last 9 (and now 3 straight) days that prompt month natural gas prices have moved lower. Finally, prices were able to fill the gap below them, just before traders headed out for the Thanksgiving Holiday. We had been all over this gap, alerting clients in our Weekly Natural Gas Report […]
What Spot In The Yield Curve Is Likely To Invert First?
The yield curve has flattened considerably over the last year. Will it invert? Where? The following chart explains. US Treasury Yields 5-Year Duration and Shorter I created that chart last night. Today today’s Plunge in Durable Goods Orders, the yield on 2-year treasuries fell 4.1 basis points to 1.735%. The yield on 3-year treasuries fell 4.6 […]
EUR/USD – Back To 1.20?
EUR/USD will be the main focus for the next 48 hours with November PMIs scheduled for Thursday release followed by the German IFO report on Friday. Marginally firmer data is expected for Germany and softer numbers are expected for France but with industrial production and factory orders falling over the past month, we believe […]
Energold Drilling – 3Q 2017 Results
Yesterday Energold Drilling released its 3Q 2017 report. Firstly, let me look at the drilling prices reported by two Energold’s main divisions: Mineral and Energy: source: Simple Digressions The chart on the left shows mineral drilling prices. And it is easy to spot that in 3Q 2017 the prices went up but the increase was much less […]
