Volatility ETFs Jump On Rising Fear
Volatility has crumpled the global stock market this week dampening the appeal for riskier assets. This is especially true as stocks around the world logged in their longest losing streak in eight months on Nov 15. The uncertainty in tax reform, as well as a flattening yield curve, is weighing heavily on the stocks. Notably, […]
If QE Was Mostly Placebo, What About The Unwind?
During the Great Depression, countries discovered their balance sheets. Fiscal spending helped augment aggregate demand. After the WWII, high income countries have typically run persistent deficits, resulting in the accumulation of debt. During the Great Financial Crisis, central bank balance sheets were discovered. Central banks bought a variety of assets, but especially their own government bonds. The idea was […]
The Fed’s Bubblenomics
If you Google “dot com bubble,” you will get nearly 1.2 million hits, and 3.3 million hits if you Google “tech bubble.” A Google search of “housing bubble” will return nearly 11 million hits. (The searches were conducted on March 29, 2017). And if you search Amazon books for financial crisis 2008 you will get […]
Philly Fed Manufacturing Index: Continued Expansion In November
The Philly Fed’s Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a generally reliable clue as to the direction of the broader Chicago Fed’s National Activity Index. The latest Manufacturing Index […]
GBP/USD Remains Bid As BoE Officials Endorses Normalization Cycle
GBP/USD outperforms against most of its major counterparts despite the slew of mixed data prints coming out of the U.K. economy, and the British Pound may exhibit a more bullish behavior ahead of Bank of England’s (BoE) December 14 meeting as the central bank looks to further normalize monetary policy in 2018. Keep in mind, the Monetary […]
Stitch Fix Has Sown Up A Good Clothing Business
Stitch Fix (SFIX) is a service that aims to upgrade your wardrobe right at home. They have embellished the story by talking about “using AI and data science” to make “the future of retail” for clothing. The company is offering 10 million shares at $18-20 with Goldman Sachs and JP Morgan leading the charge. At the […]
Keep Calm And Carry On
“Before long, we will all begin to find out the extent to which Brexit is a gentle stroll along a smooth path to a land of cake and consumption.” – Mark Carney, Bank of England Governor In 1939, the British Government, through the Ministry of Information, produced a series of morale-boosting posters which were […]
Uranium Energy Corp (UEC) Stock Price Looks Explosive Going Into 2018
The uranium market did extremely well exactly one year ago, around year end, and help quite well this year even if it was volatile. InvestingHaven’s research team suggested there is a significant probability that the uranium market could be very bullish 2018. So what does that mean for uranium miners: which uranium stock will the outperformer […]
Smucker (SJM) Posts Upbeat Q2 Earnings & Sales, Shares Up
The J. M. Smucker Company SJM posted second-quarter fiscal 2018 results and earnings and revenues beat the Zacks Consensus Estimates. However, the company lowered the higher end of its earnings guidance for fiscal 2018, thanks to anticipated higher freight expenses and industry-wide headwinds for the remaining part of the fiscal year. We also note that in […]
Viacom (VIAB) Q4 Earnings Miss, Revenues Beat Estimates
Viacom, Inc. VIAB reported mixed results in the fourth quarter of fiscal 2017 (ended Sep 30, 2017), wherein revenues outpaced the Zacks Consensus Estimate but earnings lagged the same. The company’s earnings (on an adjusted basis) of 77 cents per share missed the Zacks Consensus Estimate of 85 cents. The bottom line, however, expanded 11.6% on a […]
