In this video we look at the tops and tailwinds in China as 2018 looms. Specifically, the video walks you through a couple of slides of a recent edition of the Weekly Macro Themes report. In the video we talk through the key tailwinds that have turned things around from a cyclical standpoint in China over…
If China wishes to ever throw off the shackles of the eurodollar system, and they do, to eventually go out on its own in an RMB dominated world there is a lot to cleanup long before that’s ever an attainable goal. To start with, we don’t know near enough about what’s going on inside that…
While most financial professionals would enjoy nothing more than to trade bitcoin all day long – after all it only goes up in the long run (for now), while bringing insane volatility with it – the reality for most is that they are confined to such boring, established legacy instruments as Treasurys, which rarely have…
NZD/USD Weekly Technical Outlook: Kiwi broke above the December opening range last week, shifting the medium-term outlook higher in the pair. The rally turned just ahead of a key resistance confluence at 7038– note that the 52-week moving average stands just higher at ~7100. The immediate advance is at risk heading into this threshold and the focus…
This is one of the most reliable market predictors……..if it holds, we aren’t even close to the end of the rising market… “Davidson” submits: The Chemical Activity Barometer(CAB) was revised higher with this mornings report. The correlation with the SP500 is shown. Late last week the Advance Real Retail&Food Service Sales were reported with a…
Today, we take yet another look at an airline which is top-rated by our models. This pick is driven by the chaos this weekend due to a loss of power at Atlanta’s Hartsfield-Jackson International Airport, the main hub for Delta Airlines (DAL ). Delta Air Lines, Inc. is a major American airline with its headquarters…
New Zealand Dairy Auction was a disaster today. Price dropped by their biggest amount in a year as the rate declined by -3.9%. Overall in the past half year price have fallen in 4 out of the past 5 months and that does not bode well for the kiwi economy as milk is the country’s…
After more than six weeks of frenzied negotiations, the House of Representatives has passed the reconciled version of President Donald Trump’s tax plan, leaving only one major hurdle between Republicans and their biggest legislative accomplishment of the Trump era. In a 227-203 vote, the House passed the tax plan over united Democratic opposition, as well as a…
Islamabad is considering plans to replace the U.S. dollar with the Chinese yuan for all future bilateral trade between Pakistan and China, the Dawn reported on Tuesday. moerschy / Pixabay According to Ahsan Iqbal, Pakistan’s Minister for Planning and Development, the Pakistani national currency would continue to be used domestically, but China’s insistence on using the yuan for…
We’ve been seeing more and more commentaries discussing bad stuff that can happen when the Fed tightens policy and, as a result, the yield curve flattens. (See, for example, this piece from Citi Research and ZeroHedge.) No doubt, the Fed’s rate hikes will lead to mishaps as they usually do—in both markets and the economy. But most…
