The easier monetary policy trajectories in the eurozone and Japan are taken for granted. The debate has been over the timing of the normalization in the US and the UK. Talk that had emerged recently that the Bank of England could hike rates before the Fed was never very compelling. Last week’s developments increase the likelihood…
Last week, following the latest abysmal (if only in GAAP terms) quarter for Tesla (TSLA), we showed what we thought was without a doubt the most important chart for the company that has taken “story” to the next level: its cash flow, or lack thereof, and the stunning observation that in just the first six months of…
Monday: June Balance of Payments data to be released in Japan alongside the Trade Balance. Tuesday: M2 and M3 money aggregates will be released in Japan. In Italy, the final estimate for July’s Consumer Price Index will see light. In Germany, August’s ZEW survey will be released and in the U.S. analysts expect a 0.4% Month over…
Investment adviser Doug Casey recently appeared on Reason TV to discuss the current state of the US economy. He did not paint a rosy picture, saying that things are “building up to a catastrophe of historic proportions.” Doug made some stark comparisons between the current situations in American and conditions leading up to crises in…
EUR/USD The EUR/USD pair fell initially during the course of the week, but regained of most of the losses by the time we closed up shop on Friday. Ended up forming a hammer, which of course is a bullish sign. However, that was preceded by a shooting star, which means consolidation. With that in mind,…
Electric car-maker Tesla Motors (TSLA – Analyst Report) dampened investors’ mood following its second-quarter results after the closing bell on Wednesday. While earnings and revenues came in better than our estimates, disappointing guidance for full-year deliveries swept away the positive sentiments, sending the stock in deep red in aftermarket trading. Tesla dropped as much as 6.7% in…
Right now, Deutsche Bank’s cross-asset-class research warns, all signals other than the offered equity risk premium suggest caution… And for some context… it’s been a while since we ‘corrected’… Source: Deustche Bank
The monthly Bankers Participation Report (BPR) reveals a nearly 23,000-contract reduction on the short side of the ledger during the last month. Most of this came from the non-U.S. banks. The bankers in general — and the U.S. bankers in particular — have continually diminished their involvement in the “Crimex” market. U.S. bankers are down to…
Just a couple of decades ago, it could be argued based on objective data that the United States was the best country in the world to live in. However, according to a recent study published by the Social Science Research Network, America is not what it used to be. In fact, based on the 2015 Social Progress Index…
More often than not the technology sector is likely to report above par earnings than other sectors as the demand for technology and innovation remains high. However, technology stocks are considered to be more volatile than other sector specific stocks. In order to minimize this volatility almost all tech funds adopt a growth management style…
