Trade and equity market volatility, which are not completely separate, continue to dominate investors’ interest. Many had come around to accept that while trade tensions were running high, it was likely to be mostly posturing. This conclusion may have helped lift the S&P 500 around 3% over the past three sessions. However, early in the Asian…
As financial markets adjust to a new, higher, level of volatility, it is worth considering what the central banks might be thinking longer term. Many commentators have been blaming geopolitical tensions for the recent fall in stocks, but the central banks, led by the Fed, have been signalling clearly for some while. The sudden change…
U.S. Non-Farm Payrolls (NFP) to Climb 185K in March, Unemployment Rate to Downtick to Annualized 4.0% from 4.1%. Average Hourly Earnings to Increase to 2.7% per Annum from 2.6% in February. Will the Federal Open Market Committee (FOMC) Endorse Four Rate-Hikes for 2018? TRADING THE NEWS: U.S. NON-FARM PAYROLLS (NFP) A 185K expansion in U.S….
In a previous TalkMarkets post (“A Security Selection Method That Beats The Market”), I mentioned that, since June 8th, I’ve been posting Portfolio Armor’s top ten names each week. These names are ranked based on my site’s estimate of their potential returns over the next 6 months, net of hedging costs (each of these top names…
‘Here We Go Again’ – might as well be the famous old tune applicable to this market; because as the lyrics suggested: “I’ll throw all your old stuff away” (China); “I’ll clear you out of my head” (retreat to domestic stuff); “I’ll tell everyone that we’re through” (though we’re really not; hence no trade war…
by Bryan Adams, FactSet Much of the focus on mergers and acquisitions is on mega deals that change industry landscapes (Disney/Fox, Amazon/Whole Foods, CVS/Aetna). However, these deals are typically only relevant and dissected at announcement, when the shock of a deal makes for good headlines and dinner party chatter, and everyone questions the rationale as…
They say not to judge a book by its cover. I’m sure my mother must have told me this as a child. And yet I’ve ignored this advice all my life. So, shame on me, Mr. Judge-not-lest-you-be-judged failure, for ignoring my kindly mother’s advice. And I offer yet another judgment of someone I’ve never met,…
Two weeks ago, the Federal Reserve decided to hike rates again. This was no surprise. What was surprising, however, was the subsequent drop in long-term rates and the further flattening of the yield curve. New Fed Chair Jay Powell said he expects to continue hiking rates as planned, with two more this year, three more in 2019,…
Japanese stocks were volatile Friday morning as the yen rose as a safe haven after US President Donald Trump warned against increasing tariffs on China as the trade dispute between the two countries drove investors away. The Nikkei rose 0.1 percent to 21,677.72 in mid-trade, the index rose 0.8 percent so far, and the broader Topix was…
Craig Hemke joins me today to outline some shifts in investor interest that we are seeing in open interest data and general market pullbacks. Silver has had some positive CoT reports with speculators moving net short. Cannabis stocks and cryptocurrencies have pulled back significantly which eventually could lead some investors to the metals. Maybe not…
