Fed In Wait-And-See Mode; Next Hike Likely In September – SEB
What did we learn from Fed Chair Janet Yellen? Her prepared statement contained some worries about inflation, but she later balanced things out. Here is the view from SEB: Here is their view, courtesy of eFXnews: SEB Research comments on Fed Yellen’s testimony before the Congress. “Today’s testimony reinforces our view that the Fed is currently in […]
Gold Market Update
In the last update we had thought that gold might escape its usual seasonal malaise this year, but it didn’t and went into a rather sharp downtrend and dropped again quite sharply on Friday. The good news though is that this drop has not impacted the big picture at all, which remains strongly bullish, and […]
Bank Stock Earnings Preview
There are several banks reporting earnings on Friday before the market opens. The financials have seen a solid run over the last few weeks after their balance sheets all passed the stress tests. A great number of banks also increased dividends and raised their buybacks at that time, so does that mean we are going […]
Can You Trust This Mining Giant’s Dividend?
Rio Tinto (NYSE: RIO) is one of the world’s leading miners. It has been in business for 140 years and employs 50,000 workers in 35 countries. The company mines for aluminum, copper, diamonds, uranium and various other natural resources. But our SafetyNet Pro’s analysis of the company tells a different story… Last year, holders of […]
Dear Investor, Don’t Worry About The Recent Moves Higher In The Ten-Year
Add MKM Partners Chief Economist & Market Strategist Michael Darda to the increasingly long list of analysts who are looking for the US Federal Reserve to start a balance sheet diet in September. Oh, and about those recent moves higher in the US Ten Year Note, don’t worry, dear investor. There is a relative value […]
The Internet Of Things Showdown: Cisco Vs. Sierra Wireless
As technology advances, we are becoming more and more interested in the idea of home automation. We feel that it would be great to have the lights turn on at a certain time or even have the blinds automatically go up in the morning. This is called the internet of things and we are only […]
Is Trust In Banking Up Or Down?
Ever since the financial crisis, it’s not uncommon to read articles and studies about trust in banking and whether trust is “up” or “down.” In the past year alone: Ernst & Young reports consumer trust in banks is diminishing. September 2016 International Banker claims that trust is often found wanting in today’s banking relationships. December […]
Our Financial Buffers Are Thinning
While buffer has a specific meaning in chemistry, I am using the word in the broad sense of a reserve resource that absorbs the initial destructive impacts of crises or system overloads. Marshland along a sea coast is a buffer against destructive storm waves, for example. A savings account acts as a buffer against financial drawdowns or losses […]
Real Estate Busted Trendline
I’m noticing a terribly interesting breakdown happening place in real estate, encapsulated nicely with the sector fund shown below. Take note of how the long-term trendline is already broken, and as I’ve shown in the inset, we’ve got a nice little breakdown taking place on a short-term basis as well.
