I want to share a recent note from Morgan Stanley with you guys. The note discusses the rise in front end rates and what it means for the relative attractiveness of other assets. I think it’s largely to blame for the repricing of risks we’re seeing in markets right now. And it’s going to be…
iStock.com/tang90246 Three Indicators Pointing to a Recession for the U.S Economy Mark my words, the U.S. economy could be headed towards a recession, not economic growth. There’s a lot of data that suggest an economic slowdown could be imminent in the later part of 2018 and early 2019. There are three data sets that are…
Greetings everyone and happy Easter, let’s take a look at some Forex pairs that are in interesting formations and very important junctions. CADJPY Holding inside the bullish channel. Price is bouncing. As long as the price is above 81.65 we could see another new higher high towards 83.25. However, a break below 81.65 will open…
It’s not just in Canada’s most expensive markets that home sales are tumbling in 2018. A report today shows that from luxury condos to the least expensive co-ops in Manhattan, sales fell 25% year over year in Q1 2018 for the biggest annual decline since NYC’s property market froze during the 2009 financial crisis. Similar…
The US Dollar (via the DXY Index) has proven sturdy at the start of the new month and quarter as European markets have come online for the first time since last Thursday. Reinvigorated tensions between China and the US thanks to a series of comments by US President Trump have hit global equity markets again, with tech…
Overnight Markets and News June S&P 500 E-minis (ESM18 +0.39%) are trading higher by +0.50% this morning as some of the gloom from Monday dissipated and as overseas stock markets today did not fall as far as U.S. stocks did on Monday. The Euro Stoxx 50 index this morning is down -0.58%, which is a…
NW Natural (NWN) has a track record of dividend increases that puts it in very exclusive company. NWN has increased its cash dividend for more than 60 consecutive years, making NWN one of just a handful of companies in the entire market with a dividend increase streak of that length. That puts it among the…
This much is clear: the sharp decline in the S&P 500 yesterday (April 2) confirms that the downside bias in the first three months of the year has spilled over into the second quarter. It’s also obvious that the latest market stumble has inspired a new round of warnings from analysts. CNBC, for example, reports that “Monday’s…
“Technically Speaking” is a regular Tuesday commentary updating current market trends and highlighting shorter-term investment strategies, risks, and potential opportunities. Please send any comments or questions directly to me via Email, Facebook or Twitter. The big question for investors at the moment is whether the 9-year old bull market has finally come to its inevitable conclusion or is it just a “pause that…
The sell-off in US tech shares dragged the market lower. The S&P 500 fell for the sixth session of the past eight and closed below the 200-day moving average for the first time in a couple of years. The sell-off in Asia and Europe is more muted. The MSCI Asia Pacific Index slipped less than…
