Chinese Ministers Talk About Equities, Housing, Commodities And More
Multiple Chinese ministers made remarks at press conferences of the annual National People’s Congress. Here are the highlights and how they could impact China’s economy and financial markets. China Securities Regulatory Commission (CSRC)Chairman Liu Shiyu: “Stabilizing markets, strengthening regulations and progressing in reforms were the regulator’s key tasks in 2016.” This is likely continue to be the case in […]
Why U.S. New Home Sales Are Stalling
Previously, in looking at the total market cap of the new homes sold in the United States, we found that the market for new homes in the U.S. began to noticeably decelerate after September 2016. Since market capitalization is the product of both new home sale prices and the quantity of new home sales, to find out […]
GBP/USD Bearish Channel Aims For 1.20
GBP/USD 4 hour The GBP/USD remains in a downtrend as long as price stays in the bearish channel (red lines). Price is moving towards the Fibonacci targets of wave 5 and wave 3. A bearish continuation could see price move towards 1.20 which is a psychological round level, previous bottom (green) and 161.8% Fibonacci target. […]
E Daily Markets Forecast Outlook – Thursday, March 9
Thursday Market Commentary – March 09, 2017 Stocks Sell Near-Term – Update: Near-term downtrend remains intact. Look for 5% to 7% correction from the near-term highs on March 01 now in the major indexes. US Dollar Index Hold to Buy Near-Term – Near-term forecast remains the same from Tuesday. The possibility exists for a decline in the USD […]
Are Central Banks Losing Control?
If you want a central banker to choke on his croissant, read him this quote from socio-historian Immanuel Wallerstein: “Countries (have lost the ability) to control what happens to them in the ongoing life of the modern world-system.” Stated another way, Wallerstein is asking: what do central banks no longer control? The quote is from Wallerstein’s recent […]
Dividend Paying Stocks – Part Of The Solution?
All dividend-paying stocks are not equal. Some may be very high risk; some will putter along, while others may be the salvation for those desperate for income. Why consider them? How do you pick the right ones? Since the 2008 bank bailouts, even with the recent increases, interest rates have been at historically low levels. […]
CAD: Trough In 2017, Recovery In 2018: Where To Target? – Credit Agricole
The Canadian dollar is struggling with the tumbling price of oil. What’s next? Here is their view, courtesy of eFXnews: In our view, USD/CAD will be dominated by the trend in the ‘big dollar’ over the coming months. This is because Canadian domestic data has little impact on Canadian rates at the moment and because […]
A Tech Stock To Play A Rising China Stock Market
One global stock market that has an extremely interesting trend is China’s stock market. It is no secret that InvestingHaven’s research team is bullish long term, and loyal readers have followed the trend since last year. InvestingHaven was among the lonely voice last year to fire an alert to international investors, in the first half of […]
GOP Presents Its Healthcare Plan
The stock market is pricing in flawless results from the GOP in terms of fiscal policy. To analogize, it’s like when the market is expecting a company to beat earnings estimates and raise guidance. If the company meets expectations, the stock falls after hours because it’s priced for perfection. I have a few charts to […]
Credit QE
Although he didn’t state it specifically in his November 2010 Washington Post op-ed formally justifying QE2, it was very clear that then-Fed Chairman Ben Bernanke intended it to work through lending and especially the bank channel. Though he doesn’t explain, nor has any official ever, why a second one was needed given that the first […]
