Baby Boomer Employment Across Time – Review
With the release of the September employment report, let’s review the status of the 20th century Baby Boom, which was one of the most powerful demographic events in the history of the United States. The chart below illustrates the 19-year surge in births following World War II that stretched from 1946 through 1964. The boom […]
British Pound May Rise As BOE Credit Survey Boosts Rate Hike Bets
The US Dollar fell against its G10 FX peers in Asia Pacific trade as regional markets took their turn to price in the release of minutes from September’s FOMC meeting. The document revealed that many Fed officials are concerned that low inflation is not temporary, pouring a bit of cold water on rate hike speculation. The yields-sensitive Australian and […]
Trump Is Just Asking For It
Well, our fearless leader was at it again: Ummm… actually, I think the news, both fake and real, have done a crackerjack job of reporting the stock market, thank you very much. The notion that this ridiculous bull market is some kind of secret is a load of cra*. But you’re probably accustomed to that […]
USDCAD Daily Analysis – Thursday, Oct. 12
USDCAD broke below 1.2448 key support, indicating that the uptrend from 1.2601 had completed at 1.2598 already. Further decline could be expected and next target would be at 1.2300, followed by 1.2061. Near-term resistance is at 1.2598, only break above this level could trigger another rise towards 1.2750.
Why Does FINRA Have An Investment Portfolio?
So here’s a weird one involving FINRA that you might have picked up in the last few days. Apparently, it has a large, $1.6 billion, investment portfolio and the returns have been weak, according to the Wall Street Journal, underperforming a 50/50 equity/fixed income portfolio for quite a few years. The WSJ article is woefully incomplete. […]
EURUSD: Pair Ready For A Downwards Correction
Previous: On Wednesday the 11th of October, trading on the euro/dollar pair closed up. In the European session, the euro appreciated to 1.1845. In the US session, buyers advanced further to 1.1869. The single currency was boosted by a general weakening of the US dollar and a slide in US bond yields. The euro was also […]
S&P 500 And Nasdaq 100 Forecast – Thursday, Oct. 12
S&P 500 The S&P 500 initially fell on Wednesday but turned around to show signs of strength after the FOMC Meeting Minutes came out, showing that the markets can still expect the same amount of hawkishness out of the Federal Reserve that we have seen recently. Because of this, I think that it’s only a […]
FOMC Minutes Verdict: December Hike Still On
The Fed’s meeting minutes from the September meeting came out slightly more dovish than expected. Nevertheless, the FOMC remains on track to raise rates in December. This is the verdict according to the three opinions below: Here is their view, courtesy of eFXnews: USD: FOMC Minutes Didn’t Add Much To Dec Hike Call – CIBC […]
It’s Not Just The Markets: Economic Volatility Tumbles To 50 Year Lows
After a September with the lowest implied vol on record, October is starting off with the lowest (annualized) realized vol on record. Of course, as we have shown previously when looking across capital markets, it’s not just equities: vol has dropped to all-time lows across virtually every asset class. All of this should be familiar to […]
