US Dollar Losing Fed Lift, Gambles With Trade, Hopes For Risk
In contrast to the charge the Dollar mounted through the final three-month period of 2016, the benchmark currency seemed to stall through the first quarter of 2017. While not a full tide change, the bulls were much more circumspect about their ambitions. What lies at root to this downshift is an evolving fundamental landscape which […]
Still Looking Healthy But Risky, Too
Even with last Thursday’s drop in price, sentiment for the S&P 500 Index (SPX) is still showing healthy signs. Take a look at price targets tweeted by traders on Twitter. Notice that the first time SPX dipped near 2320 traders were tweeting price targets as low as 2200. On the current decline, traders aren’t so […]
Overall And Core CPI Fall In March
I know Donald Trump is lots of fun and everything, but people should be paying at least a little attention to inflation, or the lack thereof. Remember, last time we tuned in the Federal Reserve Board was embarked on a process of tightening through a sequence of interest rates hikes. The concern expressed by proponents […]
Brad Birkenfeld: Lucifer’s Banker
Just how bad is the ongoing fraud in the banking system? Get ready for a mind-bowing expose by a former insider at UBS. Brad Birkenfield, author of Lucifer’s Banker: The Untold Story of How I Destroyed Swiss Bank Secrecy, recounts the efforts he uncovered by his employer to help its clients cheat the US government out […]
April 17 Daily Trading Opportunities
During the session on Monday, several of the world’s largest economies are still celebrating Easter, including most of Europe and Australia. Because of this, markets could be a bit thin, but we are watching the following three assets. WTI Crude Oil The WTI Crude Oil market tried to rally during the session on Thursday and […]
Chart: Fintech Investment In 2016
According to a new report by Singapore-based venture capital firm Life.SREDA, last year was a mixed bag for fintech. On the one hand, the Money of the Future Report pegs 2016 as the first year to have an overall decrease in fintech funding after taking into account any outliers. By their calculations, dealflow slowed in the last couple […]
E Top Ten Reasons Self Driving Cars Are Useless
It is time to tell it like it is. Self driving cars are practically useless. They are dangerously useless too. I have looked at the top ten major reasons they are useless and the case to be made is strong. I personally believe self driving cars are a scam, and we will see that they […]
GBP/USD Forecast April 17 – 21
GBP/USD rebounded strongly last week, gaining 140 points. The pair closed the week at 1.2517. It’s a light week on the release front, with just one economic event, Retail Sales. Here is an outlook for the highlights of this week and an updated technical analysis for GBP/USD. Strong British numbers helped the pound move higher, as wage growth beat the […]
One More Way ETFs Are Distorting Markets
If you follow trends in markets, you probably already knew (or at least surmised) that HY ETFs are having observable effects on the junk bond market. It’s not entirely clear that’s a good thing. As we’ve gone to great pains to explain, an ETF can’t be more liquid than the underlying assets and as Howard […]
3 Reasons Why Cisco Is A Better Dividend Growth Stock Than Intel
The technology sector is a surprisingly good source of dividend stocks. This wasn’t always the case. During the heyday of the tech sector, hardly any tech stocks paid dividends at all. But after the tech bubble burst, investors began pushing for technology companies—many of which have high cash flow and huge amounts of cash on their […]
