The Swiss Way Of Health
The enigmatic independence of Switzerland is perhaps best demonstrated in the fact that its healthcare system manages to satisfy both free marketers and the statist-socialists in the country. It is a giant social safety net woven by individual responsibility and self-made wealth. Health insurance is almost entirely consumer-based, though there are strict cantonal regulations and […]
U.S. Dollar Strength Comes Roaring Back: FOMC, NFP Next Week
Next week brings a heavy outlay of drivers as we hear from the Federal Reserve on Wednesday, the Bank of England on Thursday for a Super Thursday event that carries a chance for an actual rate hike; and Non-Farm Payrolls is released on Friday. Ahead of this outlay, we have a significant breakout showing in […]
Russia Buys 34 Tonnes Of Gold In September
– Russia adds 1.1 million ounces to reserves in ongoing diversification from USD – 34 ton addition brings Russia’s Central Bank holdings to 1,779t; 6th highest – Russia’s gold reserves are at highest point in Putin’s 17-year reign – Russia’s central bank will buy gold for its reserves on the Moscow Exchange – Russia recognises gold’s role […]
US Q3 GDP Jumps By 3% – USD Follows
Better-than-expected US growth: 3% annualized according to the first read. This is significantly above 2.5% expected and at the magical 3% level. Personal consumption is up 2.4%, also above predictions. The US dollar is extending its gains. The moves are not huge but they could continue. The Fed could raise rates with more confidence and […]
Turbo Tech Trio
It’s all about tech this morning – – 280 companies reported earnings yesterday, but the megacap tech stocks had blowout earnings which are pushing them all higher. This really just leaves one last monster – – Apple – – to round out the good news when it reports next week.
Q3 GDP Advance Estimate: Real GDP At 3.0%
The Advance Estimate for Q3 GDP, to one decimal, came in at 3.0% (2.99% to two decimal places), a decrease over 3.1% for the Q2 Third Estimate. Investing.com had a consensus of 2.5%. Here is the slightly abbreviated opening text from the Bureau of Economic Analysis news release: Real gross domestic product (GDP) increased at an annual […]
Replicating Indexes In R With Style Analysis (Part II): Global Macro
<< Read Part I: Replicating Indexes In R With Style Analysis Imitation, Oscar Wilde famously observed, “is the sincerest form of flattery that mediocrity can pay to greatness.” The observation echoes the objective for using Professor Bill Sharpe’s style analysis to replicate investment indexes that, for one reason or another, can’t be purchased directly. If we can […]
ExxonMobil Earnings Rise 50 Percent To $4 Billion On Solid Business Performance
IRVING, Texas–(BUSINESS WIRE)–Exxon Mobil Corporation (NYSE: XOM): Cash flow from operations and asset sales exceeds dividends and net investments1 for the fourth-consecutive quarter Company makes fifth Guyana discovery; captures 12 high-potential blocks offshore Brazil Hurricane Harvey reduces earnings by an estimated $160 million, or 4 cents per share Exxon Mobil Corporation announced estimated third quarter 2017 earnings […]
Bullish Opportunity In Crude – Watch Out!
U.S CRUDE OIL 30 min 4 Hours Daily My Bias: topping in a large correction wave [4].Wave Structure: Double combination higher in wave [4] red.Long-term wave count: wave [4] target $70 After a week of indecisive action in crude, the time has come to change tack and sail with the wind again! Although the wave count in crude […]
Air Products Stock Popped But Is It A Long Term Play?
Yesterday Air Products (NYSE: APD) released earnings that beat estimates on all fronts. As a result, the stock price jumped more than 4%. But is this stock a buy for the long term investor? The answer isn’t so cut and dry as Air Products has faced a lot of headwinds over the past few years and […]
