The results of the central bankers’ great experiment with money printing are now in, and they are fairly depressing, as the charts above confirm: On the left are the IMF’s annual forecasts from 2010 – 2018 (dotted lines) and the actual result (black) Until recently, the Fund was convinced the world would soon see 5%…
Poising for a potent purge seemed predictable over the past week for a number of probable reasons. Foremost was the technical extension that gave our belief resistance was significant at June S&P 2700-2720. Also it was notable they were trying to provide leadership primarily from a group of tired worn-out overpriced stocks, that had assisted…
Shares of Google parent Alphabet Inc. (GOOGL – Free Report) sank on Friday, just one trading day before the release of its first quarter financial results. This means investors might want to pay very close attention to the company’s first quarter estimates, beyond more basic earnings projections. With that said, Alphabet’s first quarter earnings are…
Those that follow my personal account on Twitter will be familiar with my weekly S&P 500 #ChartStorm in which I pick out 10 charts on the S&P 500 to tweet. Typically I’ll pick a couple of themes and hammer them home with the charts, but sometimes it’s just a selection of charts that will add to your…
The S&P has fallen 11.8% already during this “small correction”. Assuming that the bottom is in already (February 9, 2018 = the bottom), the S&P has rallied for 48 days already. Is this normal? How long does it usually take for a 10%+ “small correction” to reclaim its old highs? Here are the bottom dates…
by Peg Murray-Evans, Research Associate, Department of Politics, University of York The Commonwealth nations are meeting in London at a crucial time for the host nation. With just one year until the UK begins its departure from the European Union, new agreements need to be struck and important arrangements made. While Brexit is not on…
2018.04.20 Silver Cycle Model Chart The model continues to suggest that the local maximum was reached in late January 2018, and lower prices are highly probable between now and August 2018.
Fundamental Forecast for USOIL: Bullish Talking Points: Brent options skew showing the strongest bias for further gains in four years OPEC looks to have nearly cleared the glut turning the focus on what is next and adding to volatility Per BHI, U.S. Oil Rig Count rises 5 rigs to 820, US total rig count to 1,103…
On one hand, share repurchases can be an appropriate use of cash if surplus capacity exists and firms lack productive capital investment opportunities. On the other hand, additional profits from tax reform could also be allocated to employees through higher compensation. Wage growth appears to be a key issue for Democrats as we approach the…
The U.S. steel industry is buoyant in the backdrop of a favorable regulatory environment. The goal of the government is to revive the industry, which has seen a steady decline as local production was increasingly substituted with cheaper imports. Steel imports have jumped from $22.7 billion in 2010 to $29.1 billion last year, according to…
