All eight indexes on our world watch list have posted gains for 2017 through November 27. The top performer thus far is Hong Kong’s Hang Seng with a gain of 34.93%, followed by India’s BSE SENSEX at 26.81%. In third is Tokyo’s Nikkei with 17.69%. The Last Four Weeks The tables below provide a concise…
It was the strength of the Yen that took top discussion point today in Asia, or alternatively, the US Dollars weakness. Having shown early gains, the Nikkei tended to drift and was probably influenced by a much weaker China market. The Shanghai index finished near 1% lower as concerns start to grow following the sell-off…
“Consequences are unpitying.” George Eliot “Nemesis is long delayed sometimes, but it comes in the end.” Agatha Christie The sounds emanating from the markets and the news feeds can mean only one thing— a page in history is turning, and a new chapter is about to begin. Today was a precious metals December futures options…
The EUR/USD ended the day at its lows after hitting a high of 1.1961. A reversal as strong as today’s is generally a precursor to further weakness. While it is difficult to say what caused the currency’s underperformance, 1.1975 was about the level where ECB President Draghi described currency moves as volatile. Back in September…
After the collapse of German coalition talks last week, the euro took the news in stride. At the time, we wrote that strong GDP growth is the primary driver behind the ongoing euro bull market. Despite the obvious significance of political instability in Germany, the most important economy in the Eurozone, the impact was unlikely to…
It may sound quaint today, but there was once a time when high-speed internet was not ubiquitous, and for many Americans, the only place to find a high-speed internet connection was at work. Due to the lack of high-speed internet access, Americans would head back to work after a long holiday weekend and start shopping….
In this interview, Jordan Roy-Byrne talks about an article he posted here. Gold and gold mining stocks have been going sideways all year now and people have forgotten about them and do not care about them. It will take a key rally through $25.50 on the GDX to make people want to buy as now all…
Black Friday was once the king of all shopping. A retailer could make its year up on that one day, often by gimmicking its way to insane single-day volume. Those days, however, are certainly over. Though the day after Thanksgiving still means a great deal, as the annual flood of viral consumer brawl videos demonstrate,…
Black Friday was once the king of all shopping. A retailer could make its year up on that one day, often by gimmicking its way to insane single-day volume. Those days, however, are certainly over. Though the day after Thanksgiving still means a great deal, as the annual flood of viral consumer brawl videos demonstrate,…
Time to get some financial consulting from those who are not paid to sell us debt and risk. Listening to the banks/broker/dealers/auto sellers has dug undisciplined households a very deep hole. Debt weight will continue to hold back our economy, savings and investment until it is paid down and written off over the coming years…
