EURJPY: With EURJPY under pressure, further weakness is envisaged on pullback in the days ahead. This is coming on the back of its Friday’s lower close on loss of upside momentum. This price development has left the cross targeting the 133.00 level. A break will aim at the 132.50 level. Further down, a turn below…
Following Friday’s plunge after OPEC “held” steady, confirming the strategy of crushing U.S. Shale is here to stay, WTI Crude has continued its carnage and is back to a $38 handle for the first time since the August-month-end meltup… very close once again to cycle lows. Testing cycle lows… Charts: Bloomberg
Don’t ever take a fence down until you know why it was put up. – Robert Frost We have seen the same song sung over and over again by the Doctors of Doom; the markets are going to crash, the world is going to come to an end, or some other pretentious title. Let’s cut to…
The US Federal Reserve (Fed) and European Central Bank (ECB) have created a very dangerous situation. Throughout the last six years, there has been a sense of coordination between the Fed and ECB. This was evident both in terms of where capital went as well as how it was delivered via monetary policy. For instance,…
The U.S. stock market was running up against some major headwinds for most of 2015. That is why the S&P 500 failed to make a meaningful new high this year. The good news is that as 2015 draws to a close, these headwinds have all disappeared. As a result, the S&P will have an easier…
Every year Dalbar releases their annual “Quantitative Analysis of Investor Behavior”study which continues to show just how poorly investors perform relative to market benchmarks over time. More importantly, they discuss many of the reasons for that underperformance which are all directly attributable to your brain. George Dvorsky once wrote that: “The human brain is capable…
After shocking traders with his lack of enthusiasm for quantitative easing – and seeing the euro rise in value, shocking European central bankers – ECB head Mario Draghi reversed course and pledged to “do whatever it takes,” saying the size and endurance of his quantitative easing muscle would not be limited by man or markets. For institutional…
Vanguard is one of the world’s largest asset management corporations that manage around $3 trillion in assets. It offers nearly 160 domestic funds and 120 funds for foreign markets (as of Dec 31, 2014). It offers asset management and financial planning services to clients across the world. Unlike other mutual fund companies, Vanguard is owned…
The end of the fiscal year is a good time to review your financial plan. If your savings plan or the market as a whole has swerved off course, now is an opportune time to adjust accordingly. Here’s what to look for: Saving Goals Are your long-term and short-term goals the same as they were…
The New York Times ran an article on Sunday talking about how the Chinese invasion of U.S. real estate is only expanding. They aren’t just buying condos in Manhattan or McMansions in Silicon Valley – they’re buying properties in new developments in places like Plano, TX, just north of Dallas. In the market for homes over $1…
