Better Invest In A Horse

Better Invest In A Horse

Britain intends to ban the purchase of internal combustion and diesel engine cars in 2040, hoping to make everyone switch to electric cars. California, China and France all have similar schemes in place. These government decisions naturally provide yet another implicit subsidy to Tesla Motors (Nasdaq:TSLA) whose first quarter’s production of its latest “mass market” […]
Seasonal Bottom Pick

Seasonal Bottom Pick

Oil and product prices pulled back Friday as it became clear that Hurricane Nate would only cause a short-term impact on U.S. oil production and that there was no damage to off shore oil rigs. The fast storm means that production will come back on line quickly as the U.S. energy industry will rise to […]
EUR/USD Daily Analysis – Monday, October 9

EUR/USD Daily Analysis – Monday, October 9

EUR/USD extended its downside movement from 1.2092 to as low as 1.1669, facing an important support level at 1.1662. A breakdown below this level could take price to the resistance-turned-support trend line on the weekly chart, now at 1.1415. Near term resistance is located at the falling trend line on the 4-hour chart. A breakthrough this […]
Unexpected Sources Of Share Buybacks

Unexpected Sources Of Share Buybacks

A few years ago, WisdomTree coined the phrase “Forgotten Dividend Payers” to refer to mid-cap and small-cap companies that pay dividends. In a yield-starved environment, within the United States one could dip down the market capitalization-size spectrum to find higher dividend yields. The Share Buyback Phenomenon Share buybacks have generated a lot of attention within the low-yield environment that we’ve seen since the global financial […]
Pound Recovers On May Comments

Pound Recovers On May Comments

In Monday trading, the Pound Sterling recovered from a fall which saw its largest single week’s decline in about a year. That recovery came after comments by Theresa May, the British Prime Minister, who promised she would be able to ward off any challengers and that she might be considering reshuffling her cabinet in order […]
One Chart Shows Investors Are Dealt A Losing Hand

One Chart Shows Investors Are Dealt A Losing Hand

The rise in the market has seemed unstoppable. Despite the Federal Reserve continuing to hike interest rates and tightening monetary policy, geopolitical risks from North Korea to Iran, mass shootings, failure of legislative agenda and weak economic growth – the market’s rise has continued unabated. Much of the recent rise, as discussed last week, has […]
Off-Price Retailers – Another Thorn In The Side Of Department Stores

Off-Price Retailers – Another Thorn In The Side Of Department Stores

A new report from Moody’s reinforces the negativity surrounding department stores like Macy’s (M), JC Penny (JCP) and Nordstrom (JWN). Unlike most that focus on the shift to digital commerce that is part of our Connected Society theme, Moody’s adds a perspective that meshes extremely well with our Cash-Strapped Consumer and Rise & Fall of the Middle Class investing themes — […]
China’s Exchange Rate Policies And U.S. Financial Markets

China’s Exchange Rate Policies And U.S. Financial Markets

from the San Francisco Fed — this post authored by Thomas M. Mertens and Patrick Shultz Exchange rate stabilization or currency “pegs” are among the most prevalent interventions in international financial markets. Removing a peg to a safer currency can make the home currency more risky and less attractive to investors. When a country with […]
Stocks, Bonds Plunge In Turkey As Spat With U.S. Spills Over

Stocks, Bonds Plunge In Turkey As Spat With U.S. Spills Over

Late Sunday evening we explained how Turkish autocrat and genocidal goblin, Recep Tayyip Erdogan, has engineered a diplomatic crisis with the U.S. by effectively taking hostages and demanding the extradition of arch nemesis Fethullah Gulen in exchange for their release. Washington has been putting up with this for quite a while, but last week’s arrest of a U.S. Consulate […]
Global Markets Bounce As Germany, China, Spain Lift World Stocks, Turkey Crash Ignored

Global Markets Bounce As Germany, China, Spain Lift World Stocks, Turkey Crash Ignored

With no North Korean nuclear test over the weekend contrary to a Friday morning rumor, S&P futures rebounded and edged higher as European stocks gain, led by Spanish shares after mass demonstrations in favor of Spanish unity and speculation Catalonia may back down on unilateral independence demands, while Chinese mainland stocks reopened catching up to […]