New investors are rarely risk-hungry. Knowing that investment is like educated gambling in that luck can turn bad in a blink, they prefer to take it slow, establish balanced portfolios, and cultivate investments that are easy to liquidate if they get spooked. As a result, few beginner investors put money into real estate properties; most…
The Bank of England has done some timely and truly eye-opening research into the resilience of corporate bond markets. The research is contained in the Bank of England Financial Stability Paper No.42 and is titled “Simulating stress across the financial system: the resilience of corporate bond markets and the role of investment funds” by Yuliya Baranova, Jamie Coen,…
from Voxeu.org — this post authored by Stefania Albanesi, Giacomo De Giorgi and Jaromir Nosal The Global Crisis narrative has suggested that an expansion of subprime credit was the reason for rising mortgage defaults, leading to the large-scale recession in 2007-09. Taking a closer look at the characteristics of subprime credit holders over the period,…
EUR/USD The EUR/USD pair fell during the trading session on Thursday, as we continue to see quite a bit of volatility. A breakdown below the shooting star from the Wednesday session was the first signal that we are probably going to continue to drift towards the 1.17 level. While not looking for some type of…
Back in June 2014, we were among the first to observe in near real-time that China’s economy had cooling to the point where it could be considered to be in recession, which we based on a unique combination of trade and environmental data. The recessionary conditions that we observed persisted from 2014 through mid-2016, when they finally began to reverse. We noted…
The House Republicans on Thursday finally get enough votes to pass the largest tax reform bill in history to ease tax burden and stimulate broad-based economic productivity. A total of 227 representatives voted in favor of the bill while the remaining 205 voted against it. However, the Senate still have to vote in December to decide…
Buzzfeed’s plans for a rumored 2018 IPO, first reported back in March by Axios, just suffered a serious setback. In what amounts to a serious blow to the digital media pioneer’s credibility with investors, not to mention the potential impact on its lofty venture-capital-fueled valuation, the Wall Street Journal is reporting that Buzzfeed is on…
There is a titanic struggle going on right now in the oil market. On the one side of the futures market are the usual pace setters, the money managers. Last week, the latest COT data available, they went the most net long since March. If it continues, it will close in on the most positive…
Gold prices have trended upward since President Trump took office January 20th of this year. Based on what the Trump administration has set out to do, gold prices may still have a long way to go. The dollar has been weakening since Trump has taken office. The President has labeled China and a couple other exporting…
Global automobile sector behemoths, General Motors (GM – Free Report), Ford Motors (F – Free Report), Honda Motor Corporation (HMC – Free Report) and Toyota Motors (TM – Free Report) released their quarterly earnings. General Motors Shares of General Motors Company were up 2.9% at market close on Oct 25, 2017, as it surpassed the Zacks Consensus Estimate on both earnings and revenue. Earnings Discussion…
