Of Fiscal Consolidation, GST Updates, And Other Top Cues To Watch Out Today
On Wednesday, Share markets in India turned negative in the noon session and ended their day on a negative note. At the closing bell yesterday, the BSE Sensex closed lower by 90 points. While, the NSE Nifty finished lower by 32 points. Meanwhile, the S&P BSE Midcap Index finished down by 0.9% while the S&P […]
E Suppose You Were A Fly On The Wall At An FOMC Meeting
Let us suppose that you are a fly on the wall at the September FOMC meeting. Here is a representative sample of the information you would have heard regarding the key factors affecting inflation. If you were faced with these data would you support a continuation of rate hikes? Featured in the FOMC minutes are […]
What The Vice Index Really Says About Retail Forecast
Total Retail Spend Grows On Hurricane-Linked Demand First, I want to point out that the two hurricanes that have devastated Texas, Florida, and Puerto Rico have been horrible. Hundreds of thousands, if not millions of peoples’ lives were affected. And their circumstances have changed dramatically over these past couple months. BUT… these hurricanes were a […]
E The Potentially Rising Cost Of Oil
Oil hasn’t been the highest performing investment/commodity as of late. For the past several years, oil has been at somewhat of a historically low price (all things considered; like inflation etc.). There have undoubtedly been various currents flowing towards this end, among them OPEC members increasing outflow from their reserves, the rise of the “Bakken”, […]
E Market Briefing For Thursday, Oct. 12
Sink or swim on tax reform is essentially how President Trump put it, in a speech late Wednesday afternoon. His point was that the economy could not really ‘take off’ without the cuts (and capital repatriation), and while that’s not really doubtful, it does contradict those who believe it already is flying. In these quarters, […]
The Market’s Star Wars
Unusual to capture both Darth Vader and Yoda in the same screenshot, I acted fast when I saw them both flying close together at the Balloon Fiesta. Of course, we root for Yoda – the representation of the “good guys.” And naturally, we remain aware of the power of the dark side represented by Darth […]
Billion-Dollar Unicorns: Coupa Close To 52-Week High
It has been a year since Billion Dollar Unicorn Coupa (Nasdaq: COUP) listed successfully on the stock exchange. However, its stock soon tumbled on concerns of continuing losses. It has since recovered. Coupa’s Background San Mateo-based Coupa was founded in 2006 by former Oracle executives Noah Eisner and Dave Stephens. While setting Oracle’s iProcure product […]
Dividend Yield Or Dividend Growth, Which Is The Most Important?
This is a guest contribution by Robert Kovacs. Fellow dividend growth investors (DGIers), how many times have you read online that you shouldn’t chase dividend yield but should instead focus on growth? If you’re like me and my son Sam, you’ve seen this way too many times. The idea has become a widely accepted mantra […]
Emerging Economies Go From Doom To Boom
Quick update today on the latest round of OECD Composite Leading Indicators and an observation on monetary policy trends within emerging markets. The main point is that from a cyclical perspective emerging economies are seeing a new, more accelerated, phase of their economic recovery, with the composite OECD leading indicator for EM reaching the strongest reading since […]
Germans Have Quietly Become The World’s Biggest Buyers Of Gold
When I talk about Indians’ well-known affinity for gold, I tend to focus on Diwali and the wedding season late in the year. Giving gifts of beautiful gold jewelry during these festivals is considered auspicious in India, and historically we’ve been able to count on prices being supported by increased demand. Another holiday that triggers […]
