The Bank of Canada has introduced a new addition to the lexicon used by central bankers. It will exercise “caution” regarding it rate policy deliberations. While no definition is provided as to what caution actually means in this context, clearly Bank officials have loads of concerns about Canada’s economic performance. Senior deputy governor at the…
After three weeks of declines, gold finally moved higher last week. Was this move surprising? Not at all, if you read our analysis of the previous week’s huge decline in platinum. The sizable slide in the latter was likely to trigger at least a small rally and that’s what we saw last week. However, gold reversed…
Some stocks don’t have much to brag about over the past couple of years and below we look at one of them! Mylan (MYL) has had a rough go of it the past two years as it lost nearly 50% of its value. During this decline could a pattern opportunity have formed. Possibly! Below looks at…
The price-to-earnings (P/E) ratio is broadly considered by investors as a yardstick for assessing the fair market value of a stock. The idea of hunting for stocks with a low P/E is ingrained in the minds of many value investors. But even this straightforward, broadly used valuation metric suffers a few downsides. What Makes EV/EBITDA…
The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future single-family home sales. It is a diffusion index, which means that a reading above 50 indicates a favorable outlook on home sales; below 50 indicates a negative outlook. The latest…
As the Bank of Japan is one of the world’s most dovish central banks, market expectations for this week’s upcoming event are very limited. Governor Haruhiko Kuroda, who has overseen a $4T quantitative easing program and negative interest rates over his 5-year term at the Bank, is an unlikely candidate to bring about hawkish monetary…
All eyes are on the tax bill this week and as we detailed on Sunday evening, the verdict is already in on who the plan benefits. This is no “middle class miracle.” This is not “for working families.” Independent analysis has shown over and over who wins from this bill: corporations and the wealthy. Apparently, America…
Campbell Soup Company (CPB) and Snyder’s-Lance (LNCE) announced that the companies have entered into an agreement for Campbell to acquire Snyder’s-Lance for $50.00 per share in an all-cash transaction. The purchase price represents a premium of approximately 27% to Snyder’s-Lance’s closing stock price on Dec. 13, 2017, the last trading day prior to media reports…
International migration is one of the hot-button subjects everywhere. The World Migration Report 2018 from the International Organization for Migration (the UN Migration Agency) provides a wealth of facts and background not just about the economics, which is my focus here, but also about regional aspects of migration, international frameworks governing migration, media coverage of migration, how…
from the St Louis Fed Cheaper alternative energies, not increased regulation, are the main factors driving the decline of U.S. coal consumption and production, according to a recent Economic Synopses essay. Economist Paulina Restrepo-Echavarria, Research Associate Brian Reinbold and Senior Associate Data Specialist Maria Arias explored how improved technologies that have reduced the cost of alternative energies like natural…
