Peso, Loonie Spike After NAFTA Discussions End With “Success”… Delay Until 2018
NAFTA negotiators said they “successfully completed” Round 4 of their discussions… adding that talks will be extended past the end-2107 deadline (odd definition of success?). Nevertheless, this seems to have appeased the FX markets as both the peso and loonie are spiking… *NAFTA NEGOTIATORS SAY THEY SUCCESSFULLY COMPLETED ROUND 4 *NAFTA MINISTERS SAY MEXICO TO HOST ROUND […]
5 Top-Ranked Profitable Stocks To Boost Your Portfolio
Profitability analysis is used to measure the company’s ability to manage its revenues effectively and provide stunning returns to its investors. This analysis helps to detect a profitable company over a loss-making one. The most successful way to identify a company’s profitability is by using ratio analysis. There are four important profitability ratios, namely gross […]
E Residential Construction Will Boost The Canadian Economy In The Third Quarter
“Canadian homebuilding activity remains robust, with the best population growth in 25 years proving fundamental support. And, after declining modestly in Q2, residential investment looks to have added to growth again in Q3.” (BMO EconoFacts, October 10, 2017) Canadian housing starts fell in September after eight straight monthly gains. Nonetheless, the housing construction sector remains […]
ECB Considering 30 Billion Euros Of Tapering
After a few months of coming close, the yield curve has finally met the flattest point since before the last recession. The difference between the 10 year and the 2-year bond yield is 76 basis points which is tied with the summer of 2016 for the lowest difference this cycle. Meeting the low could be […]
GBP/USD – Back To 1.3000?
Today’s MPC member testimony in front of UK Parliament cast a particularly dovish tenor in the pound as UK monetary authorities clearly appeared reluctant to hike rates despite inflation data at five-year highs. The BoE officials are concerned that the slowdown in the Uk economy could turn into a recession if monetary conditions are tightened […]
More Short Setups Are Starting To Pop Up
This market, as much as it has consistently moved higher by 2 points here, and 3 points there, has managed to put traders and investors alike, to sleep. Traders these days, conveniently turn on their computer and expect the market to be either 1-2 points higher or 1-2 points lower. If it is the latter, […]
Long-Term Household Income And Wealth Gains Favor Older Americans
from the St Louis Fed — this post authored by William Emmons, Lead Economist, Center for Household Financial Stability Household income went up in 2016, and relatively fewer families were in poverty or were without health insurance, according to a Census Bureau report. And senior citizens benefited most of all. According to the Census Bureau’s annual […]
How Many Hours Americans Need To Work To Pay Their Mortgage
How Many Hours Americans Need to Work to Afford a Home When it comes to the cost of living in cities, a general rule of thumb is that housing prices are much higher in the country’s economic and population hubs, especially in the cities along the coasts. Particularly in recent years, prices have been pushed […]
Boeing Rival Airbus Steps Into C Series Fight With Bombardier
Shares of Boeing (BA) are in focus in morning trading after rival Airbus (EADSY) announced plans to buy a majority stake in Bombardier’s (BDRBF) C Series jet program. Boeing called the agreement, which comes amid a decision by the Commerce Department to hit Bombardier with tariffs that would quadruple the price of the C-Series aircraft, […]
3 Micro Cap Stocks That Are Worth Looking Into
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. As a long term investor, you need to own every piece of the investment puzzle to be fully diversified. And while investors tilt their asset allocations more towards safer, large cap stocks, there […]
