Over the course of six painful months, round after round of fraught negotiations between Greece and its creditors produced all manner of speculation about what a “Grexit” would actually entail. With no precedent to turn to for guidance, mapping out the implications of an exit from the currency bloc was (and still is) a virtually…
Quantitative Forecast Academic studies have shown that the most reliable way to determine the future price movements from past price movements is by use of momentum. In the Forex market a momentum study is best applied to the four major Forex currency pairs by simply checking whether the weekly close is above or below the weekly…
Loomis Sayles Securitized Asset (LSSAX – MF report) a Zacks Ranked #1 (Strong Buy) seeks a high level of current income consistent with capital preservation. Under normal market conditions, LSSAX will invest a major portion of its net assets in a diversified portfolio of securitized assets, such as mortgage-backed and other asset-backed securities. LSSAX may invest in any…
According to the Bureau of Labor Statistics, consumer prices rose 0.3% in June, putting year-over-year growth in prices at a little less than 2%. When looking at the core inflation, which extracts out food and energy, consumer prices just barely surpassed the 0%. Overall, both measures of consumer prices are still floating in “low” territory, with…
Photo Credit: garlandcannon It is difficult to make predictions, especially about the future. — Attributed to many people Susan Weiner has an interesting piece as her blog on Investment Writing called Are financial predictions too risky for investment commentary writers? I would say the answer is: Yes, and No, because you can’t avoid them if…
In its latest gold hit piece, the WSJ almost tried to actually do something today’s financial media used to do once upon a time: investigative reporting. Instead, it falls back to doing something the financial media has become quite great at when spinning someone’s propaganda: presenting opinion as fact.n its latest gold hit piece, the…
Can the Greek Debt Deal Last? Financial Times writer Wolfgang Münchau believes the deal ends in failure. So do I. Münchau provides some well-thought-out reasons in Grexit Remains the Likely Outcome of this Sorry Process. Alexis Tsipras should never have hired Yanis Varoufakis as his finance minister. Or he should have listened to him, and kept…
Summary You can’t spend earnings. This may seem like an odd or incorrect statement, but it is correct. Fraud and manipulation of financial statements can make earnings look impressive, but the dividend that arrives in your brokerage account can’t be faked. An increasing cash dividend keeps pressure on management to generate cash. Here are several…
So many breakouts over the last several months have failed in the leading stocks. The goal we adhere to is buying the strongest stocks when the market is healthy. Will we see a replay of the last time the Nasdaq made new highs? The pundits simply point to Google as proof of a Super Bull…
As even the most casual observers are no doubt aware, China’s transition from investment to consumption-led growth is one of the major reasons why global demand and trade remain stuck in low gear seven years after the crisis. Indeed, the massive overbuild that occurred in the lead-up to 2008 was a direct result of the…
