82.8% Expect Real Incomes Will Decline In 2016
Souring Attitudes Since December, the Fed has gone from pricing in four hikes to two. But that’s not the only thing that has changed. Consumer views regarding earnings expectations are down. So are their views about the stock market. Most importantly, consumers are more worried about the jobs than they were in December. This is […]
3 Stocks & ETFs For Green Returns On St. Patrick’s Day
St. Patrick’s Day is here and investors around the world are keen on trying their Irish luck for green returns. This will lead to an upsurge in investments, which act as catalysts to the stocks usually pushing them higher. Will it be possible this year when volatility and uncertainty are ruling the market? The answer […]
Our Economic Growth System Is Reaching Limits In A Strange Way
Economic growth never seems to be as high as those making forecasts would like it to be. This is a record of recent forecasts by the International Monetary Fund: Figure 1. World GDP Forecasts by the International Monetary Fund. Figure 2 shows world economic growth on a different basis–a basis that appears to me […]
Valeant Update For Today
Down another 10%, and – – incredibly – – only five dollars above where it was in 1972! (I’m serious).
Chart Of The Day: The Perfect Correlation – Stock Buybacks And The S&P 500 Since 2010
Stock buybacks have been propping up the S&P 500!
Thursday Humor? Bank Of Japan Asks Banks ‘What’ Caused USD/JPY Spike
According to sources, Reuters reports that The Bank of Japan is asking market-participants about the cause of this morning’s sudden 150 pip vertical rip in USD/JPY. Hhmmm, we wonder? Given BoJ’s “coincident” intervention in mid-Feb (marking the market bottom), we wonder who this mysterious knife-catcher is? This happened in Mid-Fed: for the first time since 2011 the BOJ intervened directly in […]
Oil’s Ups And Downs
The price of oil rose sharply last week to nearly $40 a barrel, presumably based on two pieces of information: falling rig counts in the United States and the announcement that major international oil exporters Saudi Arabia, Russia, and Venezuela would freeze oil production if other oil producing countries agreed to the same. The rally seemed genuine […]
Gold Flows East – Silver Follows
Louis Cammarosano, Smaulgld, and I sat down to discuss the flow of gold and silver as the path East is well worn at this point. While the West creates war, the East creates business. All the talking media idiots constantly complain about how China’s GDP has “dropped” down to around 6%. Did anyone ever factor in that maybe, […]
E The Daily Shot And Data – March 17, 2016
Greetings, We start with the United States where the Federal Reserve struck a dovish tone. While nobody expected a rate hike at this FOMC meeting, many viewed the latest pickup in inflation (discussed later) as potentially prompting the Fed to begin preparing the markets for more rate increases shortly. That didn’t seem to be the […]
Your Strategy Will Sometimes Lag And That’s Ok
Barron’s featured an ETF Roundtable that focused on smart beta funds. The actual discussion wasn’t all that interesting but there was an important general point made about investment strategies. Gray: Value investing is driven in part by behavioral biases—otherwise, why wouldn’t everyone just be Warren Buffett and buy cheap stocks and hold them? They don’t because if […]
