Australian Dollar (Futures) Rally?
Just so there is no confusion, this analysis is based on the December 2017 Australian Dollar futures contract. While the FOREX AUD/USD and the AD futures contract pretty much moves in tandem, they’re not exact so when doubt refer to the actual futures contract price data. The Australian Dollar has been in decline since making […]
Will Artificial Intelligence Recharge Economic Growth?
There may be no more important question for the future of the US economy than whether the ongoing advances in information technology and artificial intelligence will eventually (and this “eventually” is central to their argument) translate into substantial productivity gains. Erik Brynjolfsson, Daniel Rock, and Chad Syverson make the case for optimism in “Artificial Intelligence […]
Explaining The Evils Of Debt And Deficits, One More Time
Andrew Ross Sorkin had a good piece mocking the Peter Peterson funded Fix the Debt campaign since many of its CEO leaders are now gladly on the tax cut bandwagon. Unfortunately, the piece ends with sermonizing on the need to reduce deficits and debt. “In the end, Mr. Peterson is right. The country — and businesses — […]
Quant Strategies In The Cryptocurrency Space
Written by Nicolas Rabener, FactorResearch INTRODUCTION The year 2017 might be regarded as the year where cryptocurrencies became mainstream. Investment funds focused on cryptocurrencies were launched, the CBOE announced Bitcoin futures for the end of the year and some everyday expenses like booking flights at Expedia can be paid in Bitcoins. Institutional investors have been […]
Tesla Could Rise Above $400 Per Share In Next Few Months, Says Morgan Stanley
Morgan Stanley analyst Adam Jonas said he expects Tesla shares to be extremely volatile in 2018. He assumes that Tesla’s battery module production bottlenecks may be resolved in weeks, which could result in the stock price rising to $400 or more over the next few months, he tells investors. However, following a “hypothetical 1H18 pop,” […]
October 2017 Chemical Activity Barometer Continues Solid Gains Into 3rd Quarter
from the American Chemistry Council The Chemical Activity Barometer (CAB) notched another solid increase over October’s reading both on a three-month moving average (3MMA) basis and an unadjusted basis. The CAB was up 0.4 percent and 0.3 percent, respectively. The increases continued a bounce back from the effects of Hurricanes Harvey and Irma. Compared to a […]
(A)Typical At The Bottom
The National Association of Realtors (NAR) estimates sales of existing homes rose 2% in October 2017 from a downwardly revised September estimate. The trade group tries its best to put recent results in the best possible terms, claiming in its press release that at 5.48 million (SAAR) the number of resales is “their strongest pace […]
5 Best-Performing Aggressive Growth Mutual Funds Of Q3 (Revised)
Markets gained traction in the third quarter primarily due to strong quarterly earnings which came in above estimates. This led to benchmarks hitting record highs in the period. Another major push came in the form President Trump’s new tax code which sought to reduce tax rates considerably. Also, the U.S. economy has improved at an […]
Has The Market’s Timer Popped?
The larger the bird, the longer it takes to cook. Luckily, the handy red timer thingy pops when the bird of any size has roasted to perfection. Why then, do some people still overcook or undercook a turkey? Perhaps, it’s because they ignore the pop-up technology. The market’s indices made new all-time highs. Not surprising […]
