Dollar Drop Extends Post-Fed, Stocks, Bonds And Commodities Rally
The Federal Reserve’s cautiousness has sent the dollar reeling. The Fed’s backtracking to two hikes this year from four is still met with skepticism by the market. It previously had a June hike nearly discounted but has not pushed that out until September. With a backdrop of BOJ, and ECB and PBOC easing policy, […]
Oil Market Analysis – EIA Weekly Summary Report
Dollar weakness pushed all commodities higher on Wednesday afternoon causing shorts to be squeezed in the oil market. I am sure Bears are surprised where Oil is now given the negative sentiment on Tuesday, we are trading in a range between $35.96 and $39.64 the last nine days. If there is any weakness if the […]
Goldcorp Nearing Junk Status
The gold market has been struggling mightily since the dawn of the world’s recovery from the Great Recession. While it’s seen significant growth over the last six months with uncertainty reigning in equity markets, gold prices are still down 11.65% over he last five years. Goldcorp (NYSE:GG), a major producer of the precious metal, has taken quite […]
8 Canadian Dividend Stocks That Are Buys Right Now
The stock market is definitely not a place for the faint of heart. At one point in time this February, the S&P 500 dropped by more than 10% (-10.51% on February 11th, 2016). On the Canadian market, the TSX dropped by more than 15% since its highest point in 2015. Now that we have been […]
Supply And Demand Fundamentals Drive Gold Rally
Shaky economic news, negative interest rates, and stock market turmoil have helped drive the recent gold rally, but an even more fundamental principle underlies the yellow metal’s surge – simple supply and demand. As a recent CNBC report put it: Consumers are lapping up gold at a time supply is declining, helping underpin a rally in the […]
Feeding Your Portfolio Baby Formula
With baby DivHut turning one recently you could say that the month of March centered mostly around him as well as my personal one year anniversary of being a father. After one year of changing diapers, feedings and formula, among other things, I began to think about his portfolio as well as other baby-centric dividend stocks. After […]
What To Do When You Miss The Move In An ETF
Every correction in the stock or bond market unfolds in a different manner. While our natural inclination is to try and make comparisons to prior events or rationalize statistical probabilities for a turn, there is no easy way to know when an investable bottom has truly materialized. From a valuation perspective, cheap can always get […]
EUR/USD And GBP/USD Forecast – March 17, 2016
EUR/USD During the session on Wednesday, the EUR/USD pair initially fell to try to find support at the 1.1050 level, found it, and then turn right back around to break out to the upside. This was helped by the fact that the Federal Reserve has finally cut down forecast for interest-rate hikes going forward. While […]
Law Of Bad Ideas Strikes Again: Reverse Wage And Price Controls
It was bound to happen. Even more radical ideas to produce inflation in a deflationary world have surfaced. The latest absurd ideas come from Olivier Blanchard, former chief economist at the IMF, and Adam Posen, president of the Peterson Institute for International Economics. Their ideas? Wage and price controls in reverse, effectively demanding wages and […]
Gold Jumps As Dollar Declines After Fed’s Decision
Gold rallied nearly 2.5% on Wednesday as the dollar plunged after the U.S. Federal Reserve opted to leave interest rates unchanged and cut its expectations for rate rises this year. The Federal Open Market Committee said “A range of recent indicators, including strong job gains, points to additional strengthening of the labor market. Inflation picked […]
