Understanding 2017 Corporate Tax Reform Issues
The Republican tax overhaul plans have sparked great uncertainty amid heated debates. This article provides a framework for thinking through the issues. My sister asked me, “How should we reform taxes, Bill?” I asked what goal she wanted to achieve. “Fairness.” “OK,” I said, “we can work on fairness. But you’re not concerned about economic growth?” She […]
Euro Falls On The Back Of Merkel’s Failed Attempt To Form A Coalition
Europe’s longest-serving leader is currently standing on the abyss of an uncertain future.Angela Merkel’s attempt to form a coalition with the Free Market Liberal party(FDP) collapsed over the weekend with the FDP walking out and with its leader saying there was no “basis of trust” to form a new German government. The failed negotiations now mean that […]
German Political Impasse Roils Euro… Briefly
News that the attempt to forge a four-party coalition in Germany collapsed Sunday saw the euro marked down in early Asian activity. The euro fell to nearly $1.1720 in the immediate response to the news, stabilized before turning higher in early European turnover. It quickly recovered and poked through $1.1800. The pre-weekend high was seen […]
WTI Crude Oil And Natural Gas Forecast – Monday, Nov. 20
WTI Crude Oil The WTI Crude Oil market has rallied significantly during the day on Friday, using the $55 level as support. It looks as if the $58 level above is going to be resistance, and I think that pullbacks will continue to offer buying opportunities. The $55 level should be the “floor” in the […]
Market-Beating Top Q3 Trades
Daniel Loeb has been one of the most successful money managers of the last two decades generating impressive returns that have been put him at number 240 on the Forbes top 400 wealth list.He is the founder and chief executive of the $11.9 billion Third Point LCC a hedge fund that has consistently outperformed average hedge […]
In Dramatic Rebound, Euro, DAX Recover All Losses; “Is Strong Government Overrated?”
Having tumbled 80 pips to a one week low in kneejerk response to the late Sunday news that Angela Merkel had failed to form a government following the collapse of the “Jamaica Coalition” talks – when the Free Democratic Party walked out, saying the differences with the Green party were too great to bridge – both the […]
Uranium Stocks Reawaken After Cameco Cuts Production
At the end of 2016 and the start of 2017 we saw an explosive breakout in the uranium miners, but that rally flamed out and the uranium market went back into a Stage 1 base. After that failure from about May of this year until the last couple weeks, the uranium miners drifted sideways and volume dried up, […]
Difficult Times Ahead For US Polyethylene Exports As Business Models Change
This wasn’t the chart that companies and investors expected to see when they were busy finalizing $bns of investment in new US ethylene and polyethylene (PE) capacity back in 2013-4. They were working on 3 core assumptions, which they were sure would make these investments vastly profitable: Oil prices would always be above $100/bbl and […]
EURUSD: Merkel Has Failed To Form A Coalition Government
Previous: On Friday the 17th of November, trading on the euro/dollar pair closed slightly up. Despite continued pressure on the euro due to difficulties in Germany in forming a coalition government, the single currency was bolstered by a surge in demand following a retreat by traders towards safe haven assets amid new developments concerning North Korea. […]
German Coalition Talks Pressure Euro, Global Stock Markets
The euro was lower against most of its principle trading partners on Monday after German coalition talks stalled, weakening the position of German Chancellor Angela Merkel further. The euro was trading at $1.174, down 0.46 percent as of 3:04 p.m. HK/SIN on Monday. The common currency was also down 0.48 percent against the yen, to 131.49, […]
