Monthly Archives: September 2017

GDP Estimates: GDPNow 3.2%, Nowcast 2.2%

The spread between the Atlanta Fed GDPNow model and the New York Fed Nowcast model narrowed a bit today. About one percentage point separates the models. GDPNow Forecast: 3.2 percent — September 1, 2017 The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2017 is 3.2 percent on September 1, down from…

EUR/CAD Back To 1.45?

There are 3 monetary policy announcements next week and only 2 are expected to be big market movers — the European Central Bank and Bank of Canada rate decisions. EUR/CAD will be in play and a strong trend could emerge if these central banks surprise. For the past few weeks, investors have been positioning for…

Spain Embraces The Ridesharing Economy

Economic theory tells us that barriers to entry in a particular sector tend to push prices up. In addition to increased costs, these restrictions also reduce the quality of the goods or services provided by incumbent companies and slow down the emergence of disruptive innovations. Spain’s Taxi Problem Spain’s taxi industry has traditionally been heavily regulated…

Central Bank Week Approaches As Fault Lines In DXY Trend Develop

The final four months of the year tend to provide the majority of volatility for trader’s annual calendar. This year could be no different as developing themes both geopolitical and market-based are expected to clarify themselves in the coming weeks and months, which leads to the repricing of previously mispriced assets and brings trading opportunities for those…

European Equity Bulls Need To Be Selective

Written by Tawhid Ali, Andrew Birse – Alliance Bernstein Solid economic growth and receding political risk continue to support sentiment towards European equities, despite the recent market pullback. As market conditions shift, a selective focus on companies with underestimated profitability is essential for investment success. European equities have given back some gains but are still up 5.0%…

3 Risks That Could Burn You In Marijuana Stocks

Marijuana stocks have been some of the best performers over the last few years. With rapidly easing social attitudes toward marijuana and a steady rate of legalization and decriminalization, marijuana looks set to be a major health and consumer product in the coming years. However, the future of marijuana stocks has a few storm clouds…

Thoughts On Trade, Growth And Inequality From “Fostering A Dynami...

The Kansas City Fed’s Jackson Hole symposium this year focused on the causes, implications and remedies for the slowdown in economic growth. Major themes revolved around productivity, fiscal policy, and international trade. Here I discuss some of the major points relating to international trade and inequality, encompassing a paper by Nina Pavcnik (Dartmouth), comments by David Dorn…

Dividend Income Update August 2017

Each month I will publish my dividend income. I will mainly do this for staying self motivated and to give you the readers the chance to follow my journey from the beginning on. The dividend income in the first couple of years will be on a very low level but investing in dividend stocks is…