Without mentioning either the US or China by name, IMF head Christine Lagarde warned about the dangers of the world being “sucked into a protectionist spiral” that would undermine global growth – the latest sign that the IMF’s upcoming global growth projection might be somewhat less enthusiastic than the nearly 4% rate for this year…
One of the best parts about Twitter is that you can follow super smart people and just read their interactions. For instance, yesterday I was creeping on Jeremiah Lowin, Jake from Econompic and Corey Hoffstein. These are three super smart finance guys who were going back and forth about the rebalancing bonus which was made famous by William…
Market Analysis The USDA’s smaller South American corn and soybean outputs and their tightening of these world carryover levels lent support to the markets after the release of this week’s April report. As expected, both of Argentina’s corn and bean crops were lowered because of their ongoing drought while Brazil’s two outputs were mixed –…
I’ll confess that I once fell prey to the stigma that you have to avoid thinly traded ETFs at all cost.They were looked upon like the dark alleys in the seedy part of town.You can go down that road if you must, but you may ultimately regret it in a moment of panic…. It was…
A new guest to the show Dee Carter, President of The Carter Financial Group shares his thoughts on the general US markets. The weakness continues and most noteworthy is the fact that this recent pullback has not resulted in a buy the dip scenario. Dee points out some recent data and the actions of the…
I have good reason NOT to trust the government. It stole something from me. It did it in such a brazen manner that even now – 20 years later – I get mad whenever I think of it. It involved a public bid. A big tank cleaning job. My company, based in Jakarta, had been…
According to an article in Crossing Wall Street, analysts on Wall Street currently expect the S&P 500 to have earnings of 35.64. That’s the index-adjusted number, and it’s a very good one, with every point in the index is worth about $8.5 billion. If that estimate is right, then it would represent a 23.7% increase…
Longer-Term Trends Suggest Inflation Picking Up If there’s one thing that shouldn’t be overlooked these days, it’s the inflation data. It could really take a toll on the American consumer and impact the U.S. economy severely. Before going into any details, be very clear about this: don’t pay too much attention to the monthly data….
Markets might get an unexpected rally. Video Length: 00:15:43
Delta Air Lines (DAL) is expected to report earnings Thursday before market open. The whisper number is $0.75, two cents ahead of the analysts’ estimates and showing some confidence from the WhisperNumber community. A year ago the company reported earnings of $0.77, two cents ahead of the whisper number. Delta has a 70% positive surprise…
