Ford To Abandon “Traditional Credit Scores” For Underwriting Decisions As Sales Stall
So, what do you do when your sales are stalling because you’ve already financed new cars for every man, woman and child with a credit score north of 500? Well, you simply abandon credit scores in the underwriting process and instead explicitly mandate that your loan officers approve every potential car buyer that walks through […]
DowDupont Will Be Included In Dow Jones Industrial Average Index
As many readers know, effective September 1, Dow Chemical (DOW) and DuPont (DD) will merge into one company, DowDupont (DWDP). Effective that same day, S&P Dow Jones Indices will replace DuPont, a component of the Dow Jones Industrial Average Index, with DowDuPont. S&P notes, “Replacing du Pont with the new DowDuPont allows the Dow Jones Industrial Average […]
Riding The Storm Out
Review & Update The Case For “Scenario 2” Q&A Videos Sector & Market Analysis 401k Plan Manager As loyal readers are already aware, I live in Houston. Normally, during the month of August, temperatures tend to compete with the surface of the sun while rain tends to be a more random occurrence. In other words, […]
Weekly Trading Forecast: Key Data Flow Keeps Fed, ECB In Focus
British Pound Forecast: GBP: Signs of Stability Begin to Emerge The British Pound fell again last week, as we forecast, but signs of stability were emerging by the week-end, suggesting that its decline may have come to an end, for now. Japanese Yen Forecast: Japanese Inflation Weak but Stable; Yen Trends Remain Elusive The four-month range in USD/JPY continued as […]
Recession Alert Weekly Leading Index Update
The latest index reading came in at 21.1, up from 20.8 the previous week. The RecessionAlert Twitter Feed, @RecessionAlert2, had an interesting observation about the indicator levels in February. RecessionAlert has launched an alternative to ECRI’s Weekly Leading Index Growth indicator (WLIg). The Weekly Leading Economic Index (WLEI) uses fifty different time series from these categories: Corporate Bond Composite, […]
Chinese Large Cap Stocks On Their Way To Test All-Time Highs
Large cap stocks in China have performed very well in 2017. As said many times before China was in our top 5 favorite stock markets in emerging markets. India was our top pick among emerging markets. The strongest segment in China’s stock market are large cap stocks, represented by FXI ETF. The 5-year chart of FXI […]
Draghi Fears “Return Of Protectionism”; Warns Regulators Against “Rekindling Incentives That Led To Crisis”
As a reminder, it was in Jackson Hole three years ago that Draghi laid the groundwork for the launch of the ECB’s 2.3 trillion-euro asset-purchase program. They looked pensive before he spoke… Following Yellen’s “unhawkish” nothing-burger of a speech (which has sent the broad dollar index to 2 year lows), all eyes were on whether ECB President […]
Week In Review: Columbia China Building $150 Million Hospital In Jiaxing
Deals and Financings Columbia China has begun construction on a $150 million 500-bed multi-specialty hospital in Jiaxing, Zhejiang Province (see story). ColumbiaChina is a 50-50 joint venture between Columbia Pacific Management of Seattle, a senior living/hospital company focused on Asia, and Temasek, the sovereign wealth fund of Singapore. The new hospital, which is Columbia’s second in China, will open in 2019. Columbia China currently operates Shanghai Kaiyuan Orthopedic Hospital, a 232-bed facility. […]
Insider Selling During Share Buybacks? Something Stinks…
Video Length – 00:01:30 <iframe align="middle" frameborder="0" height="315" scrolling="no" src=" 8.25.17-sitfa ” width=”560″> Transcript: The cheek smacker this week goes out to the 10 CEOs who have been selling their stock in their own companies while doing stock buybacks. Something stinks! Stock buybacks are designed to reduce the number of outstanding shares so there are fewer shares […]
Risk Looms As Nasdaq Displays Weakness
This is a crucial weekend update to watch with lots of opportunities to discuss as the monsters of tech are hitting key threshold areas. Watch this video to find out what expect next week, what crucial levels to watch, and why risk still looms in the market. Video Length – 00:20:58
