We’ll regress to (and through) the mean Whether or not you’ve had time yet to plow your way through David Collum’s excellent 2017 Year in Review, our annual podcast with Dave always brings additional color to light — and this year’s is no exception. My model going forward predicts the next recession is going to be a…
The medical devices industry, which was once acclaimed for its high-paying jobs and research and development opportunities, has been subject to the much controversial 2.3% medical device excise tax. The MedTech fraternity is leaving no stone unturned to permanently do away with the dreadful tax — but has not been able to. Interestingly, the year…
The good news is: All of the major averages closed at all time highs last Monday. The Negatives 52 week new highs have not been confirming all time new index highs. The first chart covers the past 6 months showing the S&P 500 (SPX) in red and a 10% trend (19 day EMA) of NYSE…
Dollar/yen advanced just a bit within well-known ranges but never went too far. The approval of the tax bill was priced in while rising US treasuries sent the pair higher. The data proved mixed. The holiday week consists of a few US publications as well as a speech by BOJ Governor Kuroda. USD/JPY fundamental movers Tax cuts, mixed…
Despite the name of this government agency, Canada’s Competition Bureau lacks an appreciation of the nature of competition. Moreover, the Bureau’s actions can be seen as an insult to Canadians, as it fails to acknowledge the ability of discriminating consumers to recognize uncompetitive offerings. As the Bureau pretends to be the consumers’ guardian angel, it wastes taxpayers’…
from CoreLogic — this post authored by Sam Khater We recently took a look at how low available inventory is contributing to rising home prices. As you can see from the following NAR chart, for sale inventory is at its lowest level since 2005 at approximately 4-months’ supply compared to a “normal” market of 6-months’ supply….
The US stock market has enjoyed significant gains in 2017. Investors are now worried about high valuation metrics and wonder how long the bull market will continue. What is our US stock market forecast for 2018? The US economy and the US stock market have had a good run in 2017. The unemployment rate has…
Ethereum price prediction could certainly be very tricky, after the incredible escalation in the value of Bitcoin. At heart, Ethereum mining is rather similar to Bitcoin, and the value of this cryptocurrency has already increased quite considerably, even if it has yet to reach the sort of levels that Bitcoin has touched. Proof of work Both Ethereum and…
If you think like I do that the secular gold bull will at least make it to $5000, and then extrapolate a gold:XAU ratio of 4 you come up with an XAU price in the neighborhood of 1200. Now you see how we can get JNUG to 500… Video Length: 00:09:11
GBP/USD stabilized and traded in a narrow range just before Christmas. The holiday week features only one event, but low liquidity could trigger outsized moves. Here are the key events and an updated technical analysis for GBP/USD. Britain’s GDP growth was upgraded, at least on a y/y basis, to 1.7%. The good news was countered by…
