Wall Street is still looking strong and the odds are high that this trend will continue throughout 2015. Stock market investors can count on the currency market as well, as U.S. stocks are profiting from the strong dollar. What else do they need to take into account? Specifically for stock portfolios stability, growth,…
With little fresh news during the holidays and many pros on vacation, I expect a time of reflection and prediction. Publications hungry for content and TV producers needing to fill slots will highlight forecasts of any and all flavors. This happens every year, but the mid-week holidays are pushing it a little earlier than usual,…
It seems the one primary area that people disagree with the view of the future is the rise in the dollar that is on the horizon. I have warned that in discussions behind the curtain, there will be a move to replace the dollar as the reserve currency. I have also stated that the only possible…
Recently, President Barack Obama announced that the U.S. intends to normalize its diplomatic and economic relations with Cuba, which has been considerably strained since 1961. Although the U.S. Congress can completely lift the broad legal restriction on trade between the nations, Obama’s announcement indicates that agricultural, banking and financial institutions and telecommunications industries will gain…
by Erik McCurdy The following technical and cycle analyses provide short-term forecasts for the 10-year Treasury note yield. For intermediate-term outlooks see the latest intermediate-term forecast and for long-term outlooks see the latest long-term forecast. technical Yields closed sharply lower Tuesday (16 December 2014), returning to previous lows of the downtrend from April. Technical indicators are extremely bearish overall, strongly favoring a…
In October it was Jim Bullard’s “QE4” hint that sent the stock market on an all-time record-breaking run of gains, which no lesser institution than the central banker’s central bank – The BIS – lamented “the markets’ buoyancy hinges on central banks’ every word and deed.” And then just two days ago, the Fed did it again….
Falling oil prices have been making all the news, but what are the positives for American consumers? Although oil prices began to decline in early August, the drop became more significant after September 30th. The Thanksgiving Day decision by OPEC oil ministers to leave the organization’s oil production quota unchanged at 30 million barrels per…
Some investors are suffering from fear of heights at these levels. In itself it is not so surprising, because share prices have been on a tear since March 2009. That does not necessarily mean that there is no more money to be made on the stock market, however. Central banks across the world…
At a recent annual business update meeting, Coca-Cola Enterprises Inc. (CCE –Analyst Report) maintained its previously issued 2014 guidance. Moreover, the western European bottler of The Coca-Cola Company (KO – Analyst Report) warned that currency headwinds will hurt its profits in the New Year. 2015 Outlook In 2015, constant currency adjusted earnings per share are expected to increase in the…
Deals and Financings Neusoft (SHA: 600718), a China software, medical device and internet healthcare company, raised $610 million from investors, which it will spend to increase its healthcare offerings (see story). Of the total, $440 million will be put into Neusoft Medical, a company that makes imaging equipment such as CT, MRI, X-Ray, ultrasound and PET…
