I’ve been shocked over how much QE and stimulus the central banks have signed on for in the last seven years, but they’re finally starting to reach their limit. The U.S. already did in 2014 when the Fed finally tapered. And this week, the markets are betting on a rate hike – never mind the trouble…
The stock whisper of the day is: (BAC), (SUNE), (TLT), (TBT). Video Length: 00:04:45
Just one more day until FOMC, folks! Exciting, isn’t it? Having gone from 100 shorts to 37 (and intending to cut further before Janet), and actually having a couple of large long positions, it’s far less distressing to see ES and NQ up so strongly. I didn’t chop shorts arbitrarily; I tried to keep those whose charts…
HCP (HCP) is one of a kind. It is the only REIT that is also a Dividend Aristocrat. As a REIT, HCP must pay out at least 90% of its income to shareholders. The fact that HCP has increased its dividend payments for 30 consecutive yearsshows while paying out 90%+ of its profits to shareholders shows the…
As every holiday movie watcher knows, it’s your Christmas spirit—the very power of your belief—that gives Santa’s reindeer the get-up-and-go to deliver a sackful of toys. But like those woebegone characters who openly question the very existence of gift-bearing emissaries from the frozen north, we doubted Valeant’s ability to wring new sales from old drugs, to conjure organic growth from existing…
OVERNIGHT MARKETS AND NEWS March E-mini S&Ps (ESH16 +0.81%) are up +0.83% and European stocks are up +2.37% as a rally in crude oil gives energy producers a lift. Also, European automakers moved higher after Eurozone Nov new car registrations rose more than expected at the fastest pace in 5 months. Mining stocks gained as…
Today’s note, “Storm Warning,” looks at the Category 5 deflationary hurricane forming off the Chinese coast as Beijing accelerates the devaluation of the yuan against the dollar under the guise of “reform”. I say forming … the truth is that this deflationary storm has already laid waste to the global commodity complex, doing trillions of dollars in damage. I…
Though analysts’ forecasts are practically unanimous in calling for a Federal Reserve rate hike in the coming days markets remain cautiously nervous of a surprise. As a result, the US Dollar Index slipped to a 7-week trough and kept the greenback under broad pressure. The Fed chairman, Janet Yellen, has been promising a rate hike…
The start of the Fed’s most eagerly awaited two-day policy meeting in years has finally arrived with the market expecting Yellen to announce the first 25 bps rate hike in 9 years tomorrow with nearly 80% probability, and so far US equity futures are enjoying a last minute relief rally, while emerging market stocks rose…
In a few days I’ll be providing a list of my Top 10 REITs to own in 2016. I own more than 10 REITs now and part of my job as a REIT analyst is to filter out the best companies to own with a goal of providing durable income and reliable share price appreciation….
