E One Of The Best Things To Happen To Mining Since Dynamite?
TM Editors’ Note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. How does one buy something that they don’t even know about? The answer: they can’t. I do not believe that demand creates supply – but that the supply creates the demand (Say’s Law). […]
Wage Growth Dream Crushed – Weekly Earnings Rise Weakest In 18 Months
If the labor market is “tight”, and jobless claims are at 42 year lows… And the 0.5ppt point rise in the labor force participation rate is “heartening”… Then please Dear Janet, oh arbiter of all things labor-ic, explain – after exuberant hope and hype during 2015 that escape velocity was coming – why real average weekly earnings growth […]
Morning Call For March 17, 2016
OVERNIGHT MARKETS AND NEWS Jun E-mini S&Ps (ESM16 -0.30%) are down -0.45%, retreating from a 2-1/2 month high on global growth concerns. The markets lost their euphoria over the Fed’s decision Wednesday to scale back interest rate increases on concern over global growth. Caterpillar is down over 3% in pre-market trading after it lowered guidance […]
Fed Holds Rate Steady, Asia Markets Jump
The Federal Reserve held interest rates steady on Wednesday and indicated that moderate U.S. economic growth and strong job gains would offer opportunities for it to tighten policy this year. The U.S. central bank, however, pointed to ongoing risks from an uncertain global economy which could lead to rate hikes sooner than anticipated. The Fed […]
How To Make Your Retirement As Profitable As Possible
James Altucher thinks 401k retirement plans are scams. In a video that went viral after being posted last year on Business Insider, the 48-year old hedge fund manager, entrepreneur and best-selling author says that “I honestly think that you should just take your money out of 401ks.” His reasons? He lists three. You’ll have no […]
USDU Update… An Important Chart
Last week I showed you this potential H&S top forming on the USDU which is a more evenly balanced index for the US dollar which actually trades as an ETF. I built this chart using a line chart and then leaving the trendlines in place I converted to a bar chart. As you can see […]
The FTSE 100 Rises On A Dovish Fed
The FTSE 100 (FXCM: UK100) is slightly higher today in line with European indexes. The motivation for the latest rise is yesterday’s dovish message by the Fed. A key change was the reduction of the Fed implied rate by the end of the year, now signaling two rate hikes from four in December. This has […]
Bring On The Clowns
If we are not seeing a case of deliberate attempts to break the back of their own currencies among these Central Bankers, then “Scotty, beam me up!” With the Fed Fund futures showing sharp increases AHEAD of the FOMC statement of rate hike probabilities, yesterday’s ultra dovish statement had everyone positioned on the wrong side […]
World’s Second Largest Reinsurer Buys Gold, Hoards Cash To Counter Negative Interest Rates
The world’s second-largest reinsurer, German Munich Re which is roughly twice the size of Berkshire Hathaway Re, is boosting its gold reserves and buying gold in the face of the punishing negative interest rates from the European Central Bank. As caught by Mark O’Byrne at GoldCore and reported by Thomson Reuters this afternoon, the world’s largest reinsurer is far from […]
38% Of Companies To Reduce Employment In 2016, Only 29% Expect Increase: Five Consequences
Is the part-time hiring binge that has inflated job numbers for at least two years about to come to an end? I think so. More importantly, so do CEOs of large corporations. In December, a quarterly survey of large corporation CEOs showed a minuscule net of 1% (35% to 34%)of corporations expected an increase in […]
