A marked slowdown in Australia Retail Sales may keep AUD/USD under pressure as it dampens the outlook for growth and inflation. The fresh updates mayencourages the Reserve Bank of Australia (RBA) to carry the record-low cash rate into the second-half of 2018 as ‘inflation is likely to remain low for some time, reflecting low…
Many of you have your entire retirement funds invested in low-cost index funds. Those would include the Vanguard 500 Index Fund Admiral Shares (VFIAX) and the Vanguard Total Stock Market Index (VTSAX), the world’s second and third largest ETFs. I have some very bad news for you: the sushi is about to hit the fan….
It has been about five months since I outlined the valuation disconnect between the two leading consumer telecommunications providers in the United States in a post entitled Is the Enthusiasm for Charter Communications Getting Overdone? Charter (CHTR) and Comcast (CMCSA) together provide nearly half of the country’s households with cable, broadband, and phone service. A lot has happened since then, so I…
WTI crude oil prices crossed a major milestone when they traded above $70 per barrel for the first time since late 2014, when prices were crashing from over $100 to ultimately under $30. With the recent gains, crude oil prices are up over 16% YTD now and 52% over the last 12 months. The most…
TD Research discusses the USD outlook and notes that its direction is the clear driver of the FX markets now. Here is their view, courtesy of eFXdata: “It is noticeable how the bulls have resurfaced after an extended period of hibernation…We still believe the move hinges on an unwind of a well-populated short USD that…
Shanghai was the star performer today, gaining 1.5% as moves to open the domestic market continues to progress. New rules that will allow overseas listed companies to list domestically is a strong signal that China is open (and encouraged) for business. News that the regulator is to issue draft rules surrounding the issuance of CDR’s…
Everything was calmly elevating just how the central banks want it… and then Iran headlines hit… “Don’t Panic”… Video length: 00:00:10 Stocks soared overnight and extended gains through the open with Small Caps (strong dollar) and Nasdaq (tech short squeeze) outperforming. Then when Trump headlines hit tomorrow’s Iran decision, the S&P and Dow dumped to…
We’re now past the peak of the Q1 earnings reporting period, and the # of companies reporting each day will trickle lower and lower over the next few weeks. While most of the mega-cap companies that every investor pays attention to have already reported their Q1 numbers, there are still plenty of key companies that have…
Video length: 00:07:55 Oil prices surged to their highest levels since 2014 amid increasing demand, rising geopolitical risks and concerns that Trump administration could withdraw from the Iran nuclear deal. The US has to decide about its position on the deal by May 12. Breakdown of the 3-year old nuclear agreement with Iran could lead…
