China Money Growth Monitor
The June money supply and credit stats out of China confirmed a couple of important trends that we’ve previously identified. The first is the gradual slowing in M2 growth, albeit the absolute pace is still fairly rapid. The second is the continued rapid expansion of credit to support economic growth. The third, and in my view […]
Fed Chairman, Yellen: Additional Gradual Rate Increase Still Possible
The Federal Reserve Chairman, Janet Yellen, said in her testimony in front of the Congress that the current economic path is expected to call for more gradual increments in the Federal Fund rates. The economy moved upwards in Q2 due to household and business investment spending and stronger world economy. She described the inflation response […]
Yellen, Employment & Policy Errors
In Janet Yellen’s semi-annual testimony on Capitol Hill yesterday, she made reference to the ongoing strength of employment as one of the reasons for continuing to “normalize” monetary policy by lifting interest rates and reducing the existing bond holdings of the Federal Reserve. To wit: “Since my appearance before this committee in February, the labor market has continued to strengthen. […]
GBP/USD Recovering On Central Bank Divergence – Can It Last?
Ian McCafferty is a consistent hawk in the Bank of England’s Monetary Policy Committee. While his colleagues are deliberating the options of raising rates against rising inflation yet a slowing economy, McCafferty has other ideas. In an interview with The Times, he suggested reviewing the Bank’s policy of Quantitative Easing. He suggests bringing an early end to […]
Sterling And Antipodeans Trade Higher
The US dollar is mostly consolidating yesterday’s move. Sterling is pushing back through $1.29 as the hawks on the MPC may not have been dissuaded by disappointing PMI readings and the softer earnings growth. The table is being set for another 5-3 vote at next month’s MPC meeting. The Australian and New Zealand dollars are up about 0.6%, gaining nearly […]
Achieving Alpha Through Momentum Stocks
Most investors approach the market with a simple game plan: Buy low and sell high. Not a bad way to make your bones at all. In fact, the “value” investment strategy — buying undervalued stocks relative to a company’s industry or the broad market — is based on this idea. But thanks to record-low interest […]
WTI Crude Oil And Natural Gas Forecast – Thursday, July 13
WTI Crude Oil The WTI Crude Oil market had a very volatile session during Wednesday, as currency markets were moved drastically by Janet Yellen’s comments for the Congressional members. However, more importantly, we saw a very bearish inventory number, so I think that we are going to continue to see selling on the rallies, and […]
E Should You Bet On The Smart Drug Market?
The biotechnology industry is one of the most popular targets for investors seeking untapped growth opportunities. There has been a lot of research in recent years on alternative treatments for various diseases and conditions. Every startup biotech company out there is seeking a breakout product that will repay years of research and development in their […]
Putting The Latest Silver Crash Under A Lens
On Thursday, July 6, in the late afternoon (as reckoned in Arizona), the price of silver crashed. The move was very brief, but very intense. The price hit a low under $14.40 before recovering to around $15.80 which is about 20 cents lower than where it started. Buyers of silver are rejoicing. They can now get […]
USD/CHF Forex Signal – Thursday, July 13
Yesterday’s signals were not triggered as none of the key levels were ever reached, although the support at 0.9600 was just a couple of pips below the low of the day. Today’s USD/CHF Signals Risk 0.50% per trade. Trades must be taken before 5pm London time today only. Short Trade 1 Go short after bearish price […]
