US Debt Becoming A Problem For The Dollar
Some analysts speculated if the Fed would try to keep rates low to support the government’s spending binge. However, instead of worrying about the debt, the $400 billion spending plan and the tax cuts are being used as an excuse to raise interest rates and let the government bonds on the Fed’s balance sheet expire. […]
Liechtenstein Bank Offers “Direct” Cryptocurrency Investment And “Cold Storage” Wallet
Liechtenstein-based Bank Frick is offering clients the ability to purchase cryptocurrencies – with a promise of protection against hackers. Five currencies will be offered primarily to “professional market participants and financial intermediaries,” according to Frick; Bitcoin, Bitcoin Cash, Litecoin, Ripple, and Ether. “Our services are in high demand from companies across Europe. The companies know that we […]
Canada Will Be The Most Impact By A Steel Tariff
Canada is the largest exporter of steel to the United States. The decline in the Canadian dollar has helped this trend imparticular. Trump is clueless when it comes to the impact of currency on foreign trade. If he wants to do tariffs, they MUST be indexed to the currency. Failure to do that will cause serious consequences […]
AUD/USD Daily Analysis – Friday, March 2
AUD/USD stays below a falling trend line on its 4-hour chart and remains in the downtrend from 0.7893. As long as the trend line resistance holds, the bounce from 0.7712 could be treated as treated as consolidation for the downtrend. Further decline would likely be seen and next target would be at 0.7600 area. On […]
5 Top Stocks With Striking Net Profit Margin
The primary motive of any investor is to generate maximum returns. Thus, investors are always on the lookout for companies that are raking in huge profits. Net profit margin is the most effective way to measure a company’s profitability. A proper analysis of the same reveals how well a company is functioning and the headwinds […]
Currency Exchange Value Dynamics
In a recent article[i] I postulated that the dollar could lose all its purchasing power with a rapidity that will come as an unpleasant bombshell, even to those who already see inflation as society’s greatest problem in the future. The key to understanding why this may be so lies in human reactions to the monetary consequences […]
Marshall Islands: Why The Island Nation Wants To Launch A Cryptocurrency
The Big Picture Cryptocurrencies and, more broadly, the mechanism that underpins them — distributed ledger technology — continue to emerge in importance. One key trend within that sphere is the creation and adoption of cryptocurrencies by nation-states as they seek to harness the technology to their advantage. Some, such as Venezuela, have sought to bypass […]
Fed Rate Hike Odds Increase; BOC, BOE May Odds Drop
FOMC MARCH HIKE ODDS HOLD AT 100%; JUNE ODDS EDGE HIGHER Rate hike odds for the Federal Reserve’s March meeting remain at 100%, so we’ve turned our attention further down the glide path to see what market participants think. Even as the odds of the second (June) and third rate hikes (by November) in 2018 have been pulled […]
Nordstrom Shares Slip On Earnings Miss, But Comps Manage To Grow
Nordstrom Inc. (JWN – Free Report) just released its fourth quarter fiscal 2017 financial results, posting earnings of $1.20 per share and revenues of $4.6 billion. The stock is down about 3% to $49 per share shortly after the report was released. Currently, JWN is a #2 (Buy) on the Zacks Rank, and our consensus estimate trend […]
E Market Briefing For Friday, March 2
Combined catalysts that constantly deflect both rallies and declines are starting to wane; although there’s no argument that these battle line skirmishes ‘can’ persist for awhile, until heavy turbulence returns. What we had on Thursday actually broke only the 100-day Moving Average, with an excessive focus on Trump and protectionism. That means that if the […]
