Central Banks are under the mistaken belief that negative interest rates could be the magic kiss which turns their toad economics into Prince Charmings.Why exactly do they think this? What makes Draghi, Kuroda, and others think imposing negative interest rates will stimulate credit and lending in their respective economies? It is important to understand the…
That Was The Quarter That Was As we approach the end of the first quarter of 2016 it seems appropriate to look back at the events that shaped the trading landscape during this time, to see if we can learn anything that can inform our thinking in Q2. 2016 started with a bang rather than…
Ah, she just mentioned the high “debt to GDP levels in the Q&A”. Thank you sir! Point made. She just jawboned QE 4, which is why I decided to make a post about the speech. She did not mention “QE” but hinted about buying T bonds in the absence of bullets left in the Fed…
SINA Corporation (SINA – Analyst Report) is an online media company and our Bear of the Day after it recently became a Zacks Rank #5 (Strong Sell). Sina operates four major business segments: Sina Weibo, Sina Mobile, Sina Online, and Sina.net. The company has been labeled “The Twitter of China” as it’s a similar micro-blogging site that has…
Albert welcomes bestselling author, James Rickards, onto the program to discuss his new book, The New Case for Gold. Video Length: 00:48:43 Topics include: Financial Cyberwarfare and the risk to your wealth. The current financial war between the U.S. and Russia. The reason gold is real base money– M-sub-0. How bank account holders resemble pigs…
This past weekend, I did not write a weekly newsletter as I was traveling for the Easter holiday. Therefore, before I get to the “Dollar Paradox,” let’s take a look at the technical backdrop from last week to identify any important short-term changes to the overall outlook. As I noted then: “While my “emotions” are currently screaming to start…
The Markit Services PMI flash reading for March rebounded from the sub-50 reading in February, but only slightly. The calculation continues to suggest that the “services economy” is following the manufacturing and “goods economy” even if with some lag. The internals of the survey were not any better, with the new orders component falling to…
Many investors look to valuations of the underlying before deciding on an investment but history has shown us that many underlying with good fundamentals and low valuations can stay undervalued for a significant period of time. Therefore, we must go deeper with our analysis to ensure we attain the highest probability of success on our respective underlying….
EUR/USD is leaping to resistance at 1.1250 as Janet Yellen’s speech is released. She talks about caution when raising the rates. Given risks to the outlook, the Fed should proceed “cautiously” with rate hikes. The inflation outlook has become more uncertain according to the Fed Chair. EUR/USD is extending its gains and similar moves are…
Photo Credit: Mike Mozart Sonic Corp. (SONC) Consumer Discretionary – Hotels, Restaurants & Leisure | Reports March 29, After Market Closes Drive-in burger chain, Sonic, is scheduled to report fiscal second quarter earnings today, after the bell. Its signature business of drink combinations and friendly service by iconic carhops has been widely successful in recent history. Over…
