Yuan Devaluation Swirls Markets
Yuan devaluated heavily following weak Chinese export data Flight to safety temporarily sends U.S. 10 year bond yield to lowest level since April Gold prices surge to highest in over three weeks Investors flee Emerging Markets, leading to depreciation in E.M. currencies Equity records significant losses by mid-week, though U.S. markets see some recovery July’s […]
Income Inequality: Race And Gender Issues
Introduction Here we analyse the evolution of two specific features of gender dependent personal income for three races in U.S. population: white, black and Hispanic. Our analysis includes extensive processing of actual data and theoretical consideration at the microeconomic level. In contrast to all other studies of income inequality we quantitatively predict individual incomes in a given […]
USDJPY: Susceptible, Faces Corrective Weakness Risk
USDJPY: Having capped its strength at the 1.2506 level to close marginally higher the past week, further corrective weakness is envisaged. On the upside, resistance resides at the 124.50 level with a turn above here aiming at the 125.00 level. A break will target the 125.50 level. Further out, resistance comes in at the 126.00 […]
Will IMF Help Athens Pay Its Debts?
Eurozone finance ministers gave the green light to an 85 billion euro bailout for Greece on Friday, an indication interpreted by some lawmakers as a definite sign that Greece is interested in remaining a member of the euro area. The bailout approval came about despite the growing resistance within Alexis Tsipras’ Syriza party as well […]
Currency Wars Take The Spotlight As Stock Investors Must Gauge Which News Is Relevant
Much ado was made of China’s surprise 3% devaluation of their currency last week. But keep in mind, the yuan is pegged to the dollar, and with the dollar so strong, every major floating currency and commodity is down a lot more than that. Deflation is now a real threat. Then, there is the suddenly […]
The Dollar Rally – From The Japanese Perspective
The Japanese yen has peaked against the dollar. The dollar in fact elected a yearly bullish reversal at the end of 2014. This is yet another confirmation that we are facing a strong dollar ahead ushering in this age of deflation, which should start to hit in the USA after October. This is impacting everything not the least […]
How The Wall Street Ponzi Works – The Stock Pumping Swindle Behind Four Retail Zombies
In the nearby column Jim Quinn debunks Wall Street’s latest claim that the American consumer is bounding back. He points out that on an inflation-adjusted basis retail sales are still barely higher than the were a year ago, and, for that matter, are only 4% higher in real terms than they were way back in November 2007. That’s right. Nearly eight years […]
82% Of Economists Expect September Rate Hike… It’s Not Such A Sure Thing
As we get closer and closer to the month of September, the discussions with regard to the Federal Reserve’s interest rate is coming up more and more. While no one knows exactly when the Fed is going to raise rates, we’ve seen quite a few predictions recently. As a matter of fact, a recent Fortune poll shows […]
Gold Ends Week Above $1110
Gold prices settled at $1115.06 per ounce, gaining nearly 1.9% over the course of the week, as increasing demand for protection against volatility in global equities markets lured some buyers back into the market. Gold had enjoyed a bounce earlier in the week, following the turmoil caused by Beijing’s surprising actions, but dented some of […]
3 Investing Tips For Millennials
An April survey from Bankrate.com found that just 26% of Americans under 30 are invested in the stock market. Heavy student debt is one obvious reason, but there are other factors, as well. The financial crises of the last decade have given millennials the impression that Wall Street isn’t exactly honest and that investing is best left […]
