Liquidity Supernova And The Big Ugly Flaw
April 21 – Reuters (Vikram Subhedar): “The $1 trillion of financial assets that central banks in Europe and Japan have bought so far this year is the best explanation for the gains seen in global stocks and bonds despite lingering political risks, Bank of America Merrill Lynch said on Friday. If the current pace of […]
Trump’s Steel Import Probe: U.S. Steel Over Reliance?
Domestic steel maker United States Steel and its foreign rival Reliance Steel are scheduled to report first-quarter earnings next week. Both companies are expected to come up with stellar performances. Which of these will come out ahead? Such a comparison comes into sharp focus considering Trump’s latest policy imperative: steel imports. Trump Probe Bolster Steel […]
Bonds: This Just In…
Note: We highlighted the contrary bullish bond play right here at TalkMarkets back on December 6. Now it appears it won’t be long before it goes the other way, as the media have begun to talk bullish. Wash, rinse, repeat… This is actually a tag-along to the regular ‘Bonds’ segment in this week’s NFTRH 444. […]
EUR/USD Spikes To 5-Month Highs After Early French Results
With projections all confirming Le Pen and Macron into the second round (though varying notably on who is leading), the markets appear comforted by Macron’s position as EURUSD has spike almost 100 pips breaking above 1.09 to 5-month highs… EUR/USD above 1.09… To its highest since Nov 11th… Breaking above the 200-day moving average…
Bi-Weekly Economic Review – Sunday, April 23
It wasn’t a very good two weeks for economic data with the majority of reports disappointing. Most notable I think is that the so called “soft data” is starting to reflect reality rather than some fantasy land where President Trump enacts his entire agenda in the first 100 days of being in office. Politics is […]
French Exit Polls: Macron Wins First Round 23.7%, Le Pen 21.7% – EUR/USD Should Rise
According to the exit polls, Macron leads with 23.7%, Le Pen with 21%. Well behind, Fillon and Melenchon are tied with 19.5%. French exit polls are relatively reliable as they use real data. It seems that neither Fillon nor Melenchon can beat Macron and push him out of the second round. Le Pen could eventually surpass Macron: 2% is not […]
Full Week Ahead Preview: Here’s “What To Watch” After France Votes
Well, it’s Sunday which means French voters are going to the polls to decide whether they want to do their part to help facilitate the end of Western Democracy as we know it. Here’s one voter who knows what she wants in that regard: Thanks Marine. Now if only you could convince the skeptics among […]
Macron, Le Pen Take Lead In Early Count Of French Vote: Live Feed
The first results are in and according to IPSOS exit polls, Macron leads with 23.7% of the vote, Le Pen is second with 21.7%, with Fillon and Mellenchon tied for third at 19.5%. However, according to official results, from the French interior ministry, Le Pen is leading with 24.2% of the vote, while Macron has […]
3 Reasons I Prefer PepsiCo Over B&G Foods
PepsiCo (PEP) has an excellent dividend history. It is a Dividend Aristocrat, a group of companies in the S&P 500 that have raised dividends for 25+ years. You can see the entire list of Dividend Aristocrats here. In five years, PepsiCo will become a Dividend King, a group of just 19 stocks that have 50+ […]
