Starbucks Corporation (SBUX ) purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related equipment primarily through its company-operated retail stores. In addition to sales through its company-operated retail stores, Starbucks sells whole bean coffees through a specialty sales…
South Korea seeks to curb widespread speculation fueling cryptocurrencies. It even considers shutting down the exchanges. The Wall Street Journal reports South Korea Considers Shuttering Bitcoin Exchanges. New Proposals New proposed legislation in Korea will ban the use of anonymous cryptocurrency accounts starting next month and prevent banks from providing settlement services for unidentified digital-currency trades…
2017 is coming to a close and the largest, but least talked about market in the world had another outstanding year. Despite the never-ending predictions about rising rates and a bond bear market the bond market experienced another solid year of performance. Here are some performance figures for some of the more broadly held instruments:…
As technology continues its rapid invasion into every corner of human existence, the need for improved software has increased manifold. The last few years witnessed breakthroughs in cloud computing and artificial intelligence (AI), chip shrinking technology, self-driving vehicles, digital personal assistants, and Internet-of-Things, consequently setting the stage for strong growth in the software industry. Massive…
Apple Inc. (Nasdaq: AAPL) stock rallied on Thursday after a sudden downturn early this week as investors began to worry that the iPhone X isn’t doing as well as initially thought. However, the gap between the bull and bear cases for Apple stock appears to be widening, as the company received a rare downgrade for growing caution…
One of the best performing currencies today was the EUR/USD. The euro found support from the ECB economic bulletin that described the “euro area economic expansion to be solid and broad-based across countries and sectors.” They also said “underlying inflation is expected to rise gradually over the medium term.” U.S. data was weaker with…
The fourth quarter of 2017 continued to produce records in the equity market, while the yield curve in the fixed-income market continued a flattening trend. The largest movement in yield was on the short end, as short-term rates continue to rise. As of December 20th, the 1-year and 2-year Treasury yields increased 42.6 and 41.9…
Gold has been very strong since the 12th of this month, but the precious metals miners are going to need some Herculean super-powers at this point to break their long-standing series of lower highs. This road trip may be almost out of gas.
(Audio length 00:12:38) There is no denying that 2017 has been a bad year for the US dollar. Chris Temple and I recap why everyone was wrong at the start of the year (expecting a strong dollar) and why now that everyone is a dollar bear could be wrong again.
from the Dallas Fed — this post authored by Grant Strickler and Martin Stuermer OPEC and some non-OPEC countries have agreed to extend their output cuts through next year despite losing market share. Crude oil prices have increased roughly 15 percent over the fourth quarter on the back of geopolitical turmoil in the Middle East…
