How To Explain ETFs To Anyone
Odds are you’re going to be seeing a LOT of your family of the next week (and possibly month), and the discuss of retirement planning may come up in one of those many discussions. One of the main things that family and friend like to ask me about are ETFs — a simple and effective […]
EUR/USD: Uncertainty In Germany Continues To Weigh Down On The Euro
Previous: On Monday the 20th of November, trading on the euro/dollar pair closed down. The euro was under pressure from the off due to the fact that German chancellor Angela Markel has failed to reach an agreement with other parties to form a coalition government. After a drop to 1.1722 (-73 pips), the euro hit a […]
Taiwan Yields Put Rest Of Asia To Shame
Four Pillars of GDP: Driven by private consumption Taiwan’s GDP has been growing at a slow pace of late, 2.4% in the most recent quarter. Private consumption and investment have been the main contributors to GDP growth, but exports have put a slight drag on overall growth. Good profitability and the highest dividend in Asia […]
Industrial Metals Stock Outlook – November 2017
Industrial metals such as iron, aluminum, and copper are essential to regular technology and infrastructure. President Trump’s promise to go on an infrastructure binge naturally gave a boost to the price of industrial metals. Growth in U.S. GDP and continued improvement in end-use sectors like automotive, aerospace, construction and packaging also bode well for metals. In fact, […]
Oil Prices Steady Despite U.S. Production Increase
Oil prices were fairly stable on Tuesday despite predictions that U.S. output would climb more quickly than expected, causing perhaps as much as an 18 percent increase in active rigs in 2018. Energy consultancy FGE said on Tuesday morning that the production cuts by OPEC and its non-member partners could reduce the stocks surplice to approximately […]
Will Spain Be The First To Default On Pensions?
The Pension Crisis is brewing rapidly and we will begin to see this make headlines much more so around the world. There is hardly a country not in trouble (Norway the exception), where pensions are underfunded as governments have relied upon tax revenue. As the crisis in Spain brews, it will be the pension crisis […]
Crude Oil Prices Eye Inventory Data As Gold Awaits Yellen Speech
Crude oil prices paused to consolidate amid a lull in top-tier news flow, as expected. The weekly API inventory flow report is now in focus. Official EIA statistics due on Wednesday as expected to show a 1.7 million barrel drawdown and this release will be judged against that baseline. A larger outflow is likely to boost prices while a smaller […]
Doomsday Preppers Are Switching Allegiance From Gold To Bitcoin
The gold versus Bitcoin debate is complex, nuanced and still in its embryonic stages when put into the perspective of gold’s known 2,700-year use as money versus Bitcoin’s very modest eight-year track record. From a pure investment perspective, as the following Bloomberg chart shows, Bitcoin has obviously “wiped the floor” with its esteemed rival and, […]
USD/CAD Daily Analysis – Tuesday, November 21
USD/CAD is facing 1.2819 resistance once again. A breakout of this level could take price towards 1.2916 previous high. Near-term support is at the rising trend line on the 4-hour chart. Only a clear break below the trend line will indicate that the short-term uptrend from 1.2666 is complete, then deeper decline to test 1.2666 […]
Where The Economy Stands For 2018
Where The Economy Stands For 2018 The market has certainly gotten a bit rocky. They say November is historically a strong month for the markets. That’s mostly because funds are cleaning up their positions and taking new positions. That buying tends to be bullish. I track labor metrics to understand the breadth and depth of […]
