McDonald’s ‘Simplicity’ More Than A PR Stunt
McDonald’s (MCD) has a problem. While the recent introduction of all-day breakfast has made for a quick turnaround in same-store sales — a whopping 5.7% growth in Q4 of last year — it also made one of the fast-food giant’s problems worse: expanding its already gigantic list of menu items. In 2014, McDonald’s had 121 menu items. […]
Europe Remains Stuck In Deflation For Second Month
The last time Europe had at least two consecutive months of deflation was in late 2014/early 2015 when the ECB launched its sovereign QE, and when prices staged a modest rebound into the rest of the year. One year later, it’s more of the same, and as Eurostat revealed earlier today, after a headline price […]
Dynamic Inefficiency
This is a post about macroeconomic theory. It is technical and I honestly don’t know how much is already in the literature. The aim is to address an important policy question — is public debt a burden on future generations. It is possible in theory that the answer is no and that higher public debt […]
The Stock Whisper Of The Day: UUP, GDX, MU, USO, MDVN, VXX, UNG
Hot stocks of the day: UUP, GDX, MU, USO, MDVN, VXX, UNG Video length: 00:06:11
Canadian GDP Leaps 0.6%- USD/CAD Breaks Support
The Canadian economy grew by 0.6% in the wake of 2016, double the early expectations for January. year over year, this is a rise of 1.5% instead of 1.1% expected At the same time, US jobless claims missed with 276K. USD-CAD slides under support at 1.2930 and reaches down for a new a new low at […]
DAX 30 Gives Back Some Of Its Gains Following Yesterday’s Strong Rise
The DAX 30 (FXCM: GER30) is lower by 0.40% at the time of writing in what appears to be a normal profit taking pullback following the gains that were witnessed yesterday. Other stock markets such as the FTSE 100 are lower today following the presence of softer mining stocks, in turn following soft copper prices. The overall trend of the DAX 30 is […]
EC Top ETF Stories Of First Quarter 2016
The start to the first quarter of 2016 was a nightmare, given the twin attacks from oil price slide and China turmoil that intensified fears of a global slowdown. However, these concerns started to fade in the back half of the quarter on continued signs of improvement in the domestic and international markets, pushing global […]
Premarket Biotech Digest 2016-03-31: VRX Debt, OPK RAYALDEE NDA, ICPT Presentation
Top Pick of the Day: CTRV Acadia Pharmaceuticals (ACAD 26.01 +2.20 9.24%) shares, not surprisingly, surged on Wednesday following a positive recommendation from the FDA’s Ad Comm late Tuesday. With Nuplazid now a step closer to reaching commercialization stage, the question is how much is ACAD worth. Analysts believe that the drug could achieve peak sales of […]
Federally Fueled Thursday – Rally Almost Out Of Gas
One BILLION Dollars! That’s how much ADDITIONAL money the ECB begins pumping into the markets as of tomorrow morning per Draghi’s 33% increase in QE. That means, of course, he was already pumping $3Bn/day into the markets and that didn’t help but, clearly, investors believe somehow that this is going to be the straw that […]
