Surveys suggest that a little more than 80% of the economists expect the Federal Reserve to hike rates in September. The September Fed funds futures, the most direct market instrument, has only about a 50% chance discounted. This week’s FOMC meeting is the last one before September. The economy is performing largely in line with the Fed’s…
Three weeks ago, we reported that the US Mint had run out of physical silver on the same day silver plunged to its lowest price in 2015. This happened just days after the UK Royal mint announced that “during June, we experienced twice the expected demand for Sovereign bullion coins from our customers based in Greece.” While the surge in…
Commodity prices, including oil, are “crashing” according to the pundits and fears are building that this is a precursor to another stock market collapse. Are we on an irreversible path of repeating the bloodbath carnage of the 2008-2009 Great Recession? Fortunately for investors, markets move in cycles and the fundamental laws of supply and demand hold true…
Investment across the pond has become interesting all over again. With the Euro zone finally being saved from being broke and ‘Grexit’ being averted by an eleventh-hour debt deal, month-long anxieties over the fate of euro are running low. This has helped the European stock markets, which were in red for the last one month,…
EUR/USD The EUR/USD pair bounced off of the 1.08 level during the week, and then bounced to the 1.10 level. Because of this, we feel that the market continues to grind back and forth, and as a result it is going to be short-term traders market. If we can get above the 1.10 level, I…
Amazon.com, Inc. (AMZN) released its second quarter earnings for fiscal year 2015 on July 23, far exceeding analyst predictions. While Amazon was expected to post a loss of ($0.14) per share, the company in fact reported diluted earnings per share of $0.19. Amazon raked in $23.18 billion in net sales over the quarter marking a…
Banks in Greece reopened last Monday, and even with strict withdrawal limits in effect, it at least gave the appearance of a return to normalcy. But Greeks also woke up Monday to a painful new reality that should serve as a warning to Americans. Massive tax hikes went into effect, part of the austerity measures…
Italian luxury sportscar maker Ferrari is accelerating towards a stock market listing after its parent Fiat Chrysler Automobiles (FCAU) filed for an initial public offering on the New York Stock Exchange. After the listing, Fiat Chrysler’s subsidiary will be known as Ferrari NV. in New York. Ferrari IPO expected in early 2016 As detailed by ValueWalk, Fiat…
Debt securities will always be the natural choice for the risk-averse investor because this category of investment instruments provides regular income flow at low levels of risk. Income from regular dividends helps to ease the pain caused by plunging stock prices. When considering the safety of capital invested, municipal bond mutual funds are second only…
Welcome to edition 266 of Insider Weekends. Insider buying increased significantly last week with insiders buying $182.33 million of stock compared to $6.83 million in the week prior. Selling on the other hand decreased with insiders selling $472.75 million of stock last week compared to $522.48 million in the week prior. Most of the insider buying was driven by…
