When I saw the CME gold report from yesterday I was a little surprised to see that over 300,000 ounces of gold in futures contracts were stopped, or taken for delivery, so far in August. And there was a total request for 282,000 ounces just yesterday. Since there were only 362,000 ounces offered, I was wondering…
Could gold make a major plunge or could crude oil drop $10 a barrel? Audio Length: 00:11:57
Yesterday was wax off because as the media rationalized, some Jawbone was talking tough on interest rates (as in a September hike is on). Today wax is on because well, some economic data came in soft. ‘Yey! Let’s buy the stock market because a soft ripple came in and the Jawbone yesterday didn’t mean anything!’ …
No Bids on Bank Shares Greek bank shares were down the 30% limit again today, with some bank stocks not fetching any bids at all. The Plunge in Bank Shares Drag Down Broader Market. Greek bank shares sold off sharply for the third day in a row on Wednesday with buyers yet to emerge on a…
(Photo Credit: John Lee) Keurig Green Mountain (GMCR) will report its FQ3 ’15 figures after the closing bell this afternoon. Estimize is predicting an EPS of $.82, the Wall Street consensus is set at $.79, and guidance is at $.78. Keurig has seen negative YoY growth for the last two quarters, and for the last eight quarters,…
DISH Network Corp. (DISH – Analyst Report) declared strong financial results in the second quarter of 2015 wherein both the top and the bottom line outpaced the Zacks Consensus Estimate. Quarterly net income came in at $324.4 million or 70 cents per share compared with $213.3 million or 46 cents in the year-ago quarter. Earnings per share of…
While most bond watchers are keenly focusing on the latest selloff in the long-end of the bond curve in general, and the 10 Year in particular beuase supposedly the Fed is going to hike “any minute now”, it was the 2 Year where the real fireworks are, and as can be seen on the chart…
I’m just back to my desk from a fact-finding mission to Shanghai and other Asian gold-trading centers where I met with gold importers, traders, jewelry manufacturers, retail outlets, and exchange officials. The key take-away: Just as weakness in Asian markets may have contributed to the latest gold-price slump, an imminent recovery of physical demand across…
In Which I Try to Answer a Question asked by Larry Summers as a Joke The LSE held a discussion on Reconstructing Macroeconomics. Brad DeLong posted a transcript , the video is here. Larry Summers opened with a joke Larry Summers: You know I was tempted to blast off at Dynamic-Stochastic General-Equilibrium models. That is, actually, my inclination….
When you’re working hard all week, how you choose to spend your downtime matters. Here are ways nine successful entrepreneurs and professionals spend their Sundays. Spend time with family. When there’s little time to spend time with family during the busy work week, Sundays are ideal for making up that time. Bobbi Brown, makeup artist…
