A pair of conflicting headline stories caught my eye. One headline says Americans have too little savings while the other says we are saving so much that it’s a problem. Let’s have a look. Most Americans Have Too Little Savings MarketWatch reports Most Americans Have Less Than $1,000 in Savings. Americans are living right on…
The financial sector, which accounts for around one-fifth of the S&P 500 index (SPY), had a sluggish- to-decent Q3. Weak capital market activities and global growth worries along with a low interest rate environment dealt a blow to the space. However, modest gains in loan growth amid low interest rates, investment banking activities thanks…
This is the first of what we hope will be a series of articles designed not only to highlight potential trade set-ups for you to watch out for, but also to enhance your learning with some real-time market analysis. This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching….
Monday: September Industrial Production data is due to be released in China, with analysts seeing annual gain for the print relatively stable at a 6% increase. Third Quarter’s Gross Domestic data will also be released in China, in hope of preserving Q2’s achievement of a 7% Quarter over Quarter gain. September Retail Sales and Unemployment…
The automotive sector is experiencing significant innovation, led by Tesla (TSLA). The need for better technology here is obvious. Even Apple (AAPL) is reportedly interested in making an “Apple Car.” Apple’s Tim Cook refused to talk about it. This means Tesla gets all the attention. Tesla unveiled the autopilot system on October 14. The software…
You may be more familiar with McGraw-Hill Financial (MHFI) by its very widely used (at least in investment circles) S&P brand. Not only is McGraw-Hill Financial a Dividend Aristocrat – but the company actually created the Dividend Aristocrats Index. McGraw-Hill was created in 1917 with the merging of the McGraw Publishing Company and the Hill…
■ S&P (SPY) adds 0.9% weekly on encouraging U.S. economy indications ■ U.S. Initial Jobless Claims falls to lowest since July ■ Gold prices rise to highest since June ■ Euro weakens in speculation of ECB introducing new Quantitative Easing measures next week Markets ended a fairly mixed weekly trading session, last week, on a…
It looks as if it is going to be a reasonably busy week ahead, although the focus will not fall on the USD but instead on the three currencies whose Central Banks are reporting this week: the Euro, the Canadian Dollar, and the Australian Dollar. Euro It will be a fairly significant week ahead for…
I see this question more and more as indexing grows in popularity. People generally think that more indexing will make the markets function less efficiently . I don’t think this is true at all. Unfortunately, the question and its answers are usually shrouded in misunderstandings about how assets are priced and myths about what it…
There is certainly something special about a Ferrari (RACE). Although I’ve never owned one myself I’ve been a long-time addict of the the Alfa Romeo Spider which might be considered a “poor man’s Ferrari.” I do get the appeal of the car. My mechanic always has a few Ferraris on the floor of the shop…
