The monetary tectonic plates are shifting, and predicting the next global financial earthquake is relatively easy. I recently suggested that the devaluation of the yen was Japan’s Monetary Pearl Harbor: a direct attack on the currencies of its major trading partners: the euro (European Union), the won (South Korea), the Australian dollar (AUD) and the U.S….
The release of the most recent Federal Reserve minutes suggest that the U.S. central bank is keen on raising interest rates in 2015 and more, that the FOMC is relatively unconcerned about the greenback’s strength. As a consequence, the U.S. Dollar rose close to a fresh 7-year high against the Japanese Yen and FX traders…
by Basit Zafar and Wilbert van der Klaauw – Liberty Street Economics, Federal Reserve Bank of New York Today, we are releasing new data on consumers’ experiences and expectations regarding credit demand. We have been collecting these data every four months since mid-2013, as part of our Survey of Consumer Expectations (SCE). Other data sources describing consumer credit either…
I used Barchart to sort the Dow Industrial Index stocks by the highest Barchart technical buy signals. The 5 top stocks were: Boeing(NYSE:BA), Nike (NYSE:NKE), Nike (WMT), Intel (NASDAQ:INTC) and Coca-Cola (NYSE:KO): Boeing (BA) Barchart technical indicators: 100% Barchart technical buy signals Trend Spotter buy signal Above its 20, 50 and 100 day moving averages 6 new highs and up 6.05%…
Russia added another 600,000 oz to its reserves in October. Nothing to see here. Move along. Click on picture to enlarge
That way I could apply for my Guru card and that rarefied club might finally accept me! 2 Days ago NFTRH+ made a post on Intel (now public), referencing a daily chart pattern that had just formed, with a target of 40, which rather coolly was in confluence with the 40 +/- NFTRH+ target from June, when…
Just a heads up about our core indicators and portfolio allocations. At the moment our core measures of risk are positive. It appears that they’ll stay that way into the close tomorrow. It would take an extremely sharp down day tomorrow to push them back to negative. As a result, the core portfolio allocations will…
Aeterna Zentaris Inc. (NASDAQ: AEZS) (TSX: AEZ) announced the opening of a new clinical site at the Hollings Cancer Center of the Medical University of South Carolina in Charleston, South Carolina, for the Company’s ongoing multinational, pivotal ZoptEC (Zoptarelin doxorubicin in Endometrial Cancer) Phase 3 trial in women with advanced, recurrent or metastatic endometrial cancer. The…
The Million Dollar Baby Blue Cross Refuses to Pay the Bill. Heath Insurance is getting to be a real fraud. A Canadian couple bought insurance before they went on holiday when the wife was 6 months pregnant. Her water broke and she spent several weeks in a hospital. The baby was born 9 weeks premature. Blue…
A few weeks ago, Uber New York General Manager Josh Mohrer, who has been known to fight his fair share of public battles in defense of Uber on Twitter, tweeted an offer to reporters: In response to articles that questioned Uber’s claims that drivers made an average of $25 an hour (or that the median driver…
