Many analysts believe that the frenzy surrounding Bitcoin is fading over the past few months as the volumes in the markets have dried up. However, volumes did increase a few days ago, thanks to the second Bitcoin auction conducted by the U.S. Marshal Service. This occurred due to the infamous closure of Silk Road, an…
Risk goes flying to ‘OFF’ as the consumer is happy, small business optimism is the highest its been in 7 years and it all good! Really, ‘as good as it gets’ one might say. All durations are up with short-term liquidity seeing the outflows. I guess we are back on the Fed rate hike bandwagon?…
Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) shows unadjusted sales declined compared to the previous month. This series is moderately noisy, and the real metric is the 3 month rolling averages – and that metric is decelerating but still average for the last 18 months. Econintersect Analysis: unadjusted sales rate of…
There seems to be no looking back for the tech behemoth Apple Inc. (AAPL –Analyst Report). The share prices of the world’s largest company have been riding high since the start of the year on a slew of good news that promises growth. Apple shares have delivered outstanding returns of nearly 50% in the year-to-date frame. In…
In 2008 HERA created the Housing Trust but also allowed for the suspensions of payments to it from the GSE’s via edict from FHFA under the following conditions: HERA authorizes the Director of the Federal Housing Finance Agency (FHFA) to suspend these allocations temporarily upon a finding by the Director that such allocations (1) are…
The following is an excerpt from John Burke at Wall St. Sector Selector Many of the questionable retirement investing ads start with the premise that the stock market is a risky place for your money. From there, they often try to convince you that something you never even heard about before would be a safer and more…
Not quite as many fireworks overnight, in another session dominated by central banks. First it was revealed that China had injected CNY400 billion into the banking system to add liquidity as the economy slows, which is ironic because on the other hand China is also seemingly doing everything in its power to crash its nascent…
Alibaba Group Holding Ltd (NYSE:BABA)’s inability to play nicely with regards to insider trading rules continues to be a point of concern for billionaire investor Mark Cuban. He argues the mega Chinese e-commerce company should never have been allowed to have their shares listed in the U.S. since the company has its headquarters in a…
My answer? Maybe. Not so helpful, eh? I will say this, however: we are at levels now not seen since the deepest depths of the financial crisis (remember that? It was about 300 years ago or so). I think energy is in serious trouble long-term, but I’ve stepped up with a medium-sized long position. Oh, and…
I’m told by my government keepers the economy is booming, jobs are being added by the millions, home prices are rising, and consumers are spending. Then why did foreclosures in the country jump by 6% over the prior year, marking the first increase in 26 months? This real data doesn’t match the government storyline. RealtyTrac…
