Oil Plunge Accelerates After EIA Forecasts Spike In April Shale Output
It is going from bad to worse for oil bulls (such as Pierre Andurand), who after giving up hopes to see the first rebound in oil prices in 7 days, are now watching oil tumble to the lowest price since the Vienna oil meeting, down to $47.28. The main catalyst, as discussed earlier, was Saudi Arabia’s surprising […]
Most Likely Scenario: Federal Reserve Might Raise The Rates By 25bps
The US Dollar Index remains within our projected plan since almost two weeks, with attempts to break above the key resistance which stands at 101.80 to 102.0. Last week the US Jobs Report was actually the catalyst for the survival of the bearish pattern, which is the head and shoulders on the daily chart as […]
Garbage In, Garbage Out At The Federal Reserve
The monetary matadors at the Federal Reserve have stared into the eyes of mild price inflation for years. They didn’t move a muscle for years and have finally twitched ever so slightly, a couple times in the last few months, with a promise of more. It is the view of Fed Chair Janet Yellen that […]
5 Reasons To Diversify Into Japanese Stocks
Donald Trump’s election is having profound ripple effects across the global economy. Japan is among the early beneficiaries of the president’s policies. The Land of the Rising Sun recently enjoyed a healthy uptick in GDP, which makes its government debt far less frightening. Political stability also looks likely going forward. A weakening yen helps Japan’s […]
February 2017 Producer Price Final Demand Year-over-Year Inflation Jumps To 2.2%
The Producer Price Index year-over-year inflation jumped from 1.6 % to 2.2 %. This inflation cycle began in the 2H2016. Analyst Opinion of Producer Prices After last month’s pause in inflation, it has returned with a vengance this month. From the BLS: On an unadjusted basis, the final demand index climbed 2.2 percent for the […]
Allergan Has Struck A $90 Million Upfront Deal To Partner With Editas Medicine, Inc.
Allergan (AGN) has struck a $90 million upfront deal to partner with CRISPR/Cas9 leader Editas Medicine, Inc. (EDIT) on up to five programs aimed at curing eye diseases. EndPts.com Editas recently won…a nasty scrap over patent rights to its CRISPR/Cas9 technology (a faster, easier way to do gene editing) squaring off against CRISPR Therapeutics (CRSP) and Intellia […]
2017 IPO Prospects: HelloFresh Needs The Profitability Spice
Photo Credit: SITS Girls/Flickr.com As per a report by Slice Intelligence, the growth rates for food subscription services is slowing down. Back in 2015, food subscription services like Blue Apron and HelloFresh were seeing growth of nearly 200% each quarter. Those growth rates have dropped to under 60% in the last quarter of 2016. HelloFresh’s Financials […]
E UK Readers: Last Chance For A Guaranteed Inflation-Beating Investment
I have long feared that inflation will rip through our savings, sooner or later. Possibly there will be deflation first, but our various feckless governments will eventually try to repair their dodgy budgets by stealing value from our savings. In fact, it’s already happening, if you look at the derisory interest on bank accounts, which […]
China Suffers Worst Start To A Year For Retail Sales Growth Since 2002
With its credit impulse wearing off (and inflation spikes stalling any hopes of renewed stimulus anytime soon), it appears China’s always-happy consumer is not so happy as 2017 begins. Against expectations of a 10.6% year-over-year gain in year-to-date cumulative retail sales, February saw just a 9.5% rise – the weakest February since 2002. Presumably there is some lunar-new-year adjustment that […]
Bull Market; Weakness Cracks Could Be Starting
This past week the bull market in stocks, celebrated its 8-year anniversary, off the March 2009 lows. The bull trends off the lows in 2009 are still solidly in play, as key indices remain inside of long-term rising channels. Make no mistake the series of higher lows and higher highs has NOT been broken. Speaking of broken, […]
