The Federal Reserve’s Path: Four Hikes, Two Hikes, Zero Hikes, QE4
Three months ago, the Federal Reserve anticipated raising overnight lending rates four times in 2016. Now they are projecting just two hikes. At this rate, by the time June rolls around, Janet Yellen’s Fed will declare zero changes to interest rate policy for the entire calendar year. And in the fall? If there’s enough financial […]
Fed Remains Cautious
Cautious Federal Reserve As is typical of FOMC days the stock market was goosed higher today along with crude oil prices which rallied $2.12 a barrel to $38.46 a barrel given the Fed smash on the US dollar today. The Federal Reserve in its FOMC meeting announced once again they would do nothing, saying not a lot […]
5 Top Growth Stocks To Invest In Right Now
Investors look to adopt an investment strategy to garner above-market returns. However, if the company grows at the market’s projected growth rate, the stock’s performance will be in line with market returns. Thus, for better gains compared to the market, investors need to focus on stocks that have the potential to record strong earnings growth […]
EC A Look Inside The Minds Of The FOMC
Picture Credit: TZA Doing nothing never did more. Time for the quarterly examination of the composite views of the Federal Open Markets Committee, along with some choice comments on its chief partner-in-crime, the ECB. Ready? Let’s go! Now, I promised a look inside the minds of the FOMC, and hypothetically, that is what this will be. To […]
February 2016 Leading Economic Index – Modest Economic Expansion To Continue Through Early 2016
The Conference Board Leading Economic Index (LEI) for the U.S marginally improved this month – and the authors believe “the outlook remains positive with little chance of a downturn in the near-term”. This index is designed to forecast the economy six months in advance. The market (from Bloomberg) expected this index’s value at 0.1 % […]
Three Things I Think I Think – Financial Crisis Edition
Here are some things I think I am thinking about: Warren Buffett on the financial crisis, investing with a sound premise & silly Congressional ideas. 1 – What Caused the Financial Crisis according to Warren Buffett? The National Archives released documents related to the Financial Crisis late last week. Among them were some interviews with Warren Buffett on […]
Possible Implications Of A Brexit
One of the top headlines these days is the issue of a Brexit or a British exit from the European Union. As it turns out, some Britons and political leaders believe that the EU policies are already infringing on UK sovereignty and its stance on immigration might not be the best for all its members. […]
Analyst Sees Trouble Ahead For Fox From ‘Skinny Bundles,’ Downgrades Shares
Research firm BTIG downgraded 21st Century Fox (FOXA, FOX), saying that the company will not be spared from the media sector’s upcoming problems. WHAT’S NEW: Traditional media companies will be hurt by the shrinking of paid TV bundles, BTIG analyst Richard Greenfield wrote in a note to investors today. Although Greenfield had previously been enamored […]
Bad News For The Bears: Gartman Will Be Long VIX Until The S&P Hits 2,118
Yesterday morning, after reading the latest Gartman letter, we reported that in what may have been the worst possible news for vol longs, Gartman said he had become a “buyer of the VIX.” As a reminder this is what he said: NEW RECOMMENDATION: we are taking a “punt” on the short side of the equity market,but […]
U.S. Fakes A “Manufacturing Rebound”
For roughly six months; numbers from the U.S.’s (dubious) “manufacturing indices” have shown the U.S. economy sinking further into its Greater Depression — which dates back to at least 2007. Now, suddenly, these indices have “catapulted” higher (lol), supposedly indicating a manufacturing rebound into the U.S. How? We’re told by all the charlatan economists and government mouthpieces […]
