Tiffany & Co (NYSE:TIF) Tiffany director James Lillie snapped up $480,095 shares in the luxury jewelry retailer on March 27. Lillie- a top-performing insider- now boasts a total shareholding of well over $2.1 million TIF shares. We can’t know his motive, but we can see that his move came on the back of TIF’s solid fourth quarter…
Some of the hypes and speculations surrounding bitcoin and cryptocurrency is that central banks may create their own digital currencies thus replacing fiat money altogether. A G20 draft communiqué already states cryptocurrencies “lack the traits of sovereign currencies” and seeks cryptocurrency regulation recommendations by July 2018. The Bank of International Settlements (BIS) also published a…
All of the major currencies sold-off against the U.S. dollar today but the Canadian dollar was unusually resilient in the face of sharply lower oil prices and reports of significant gaps between the U.S. and Canada from Canadian NAFTA negotiator Verheul. The only explanation is the prospect of stronger Canadian GDP tomorrow. Retail sales and…
Last week was interesting, to say the least. It was highlighted by a Federal Open Market Committee (FOMC) meeting, more White House shake-ups, a budget deal, and more tariffs. Along with all that, the Dent Research team met in snowy Baltimore for brainstorming sessions. I was a bit distracted during Wednesday’s meetings because rates were…
On Mar 27, the Conference Board reported U.S. consumer confidence data for the month of March. In February, consumer confidence index was at its 18-years high. Although the data shows a moderate dip from the previous month, primarily due to stock market fluctuations, it still remains at a strong level. The expected improvement in income,…
The March data for the State Street Investor Confidence was released this week and showed some very interesting patterns across institutional investors. The global index was up +4.7pts to 111.9 (contrasts to a reading of 95.7 back in December 2017), Across the regions, the North America index was up the most +5.8pts to 109.8, followed…
Eastern powers continue efforts toward commodity-backed currencies, unlike the West. Video Length: 00:10:30 Here is the article used in today’s video: The Battle Is Not The U.S. Vs Russia: The Real Battle Is The Dollar Vs Gold
While driving back from Lake Tahoe last weekend, I received a call from a dear friend who was in a very foul mood. Following the advice of another newsletter that I won’t mention, he bailed out of all his stocks on the February 9 meltdown. He was promised that Armageddon was coming, and the Dow…
Shares of Wesco Aircraft Holdings Inc. (NYSE: WAIR) are receiving a lot of investor interest as of late due to the stock’s 16.4% increase over the last month. Shareholders are now asking themselves whether the company’s current stock price is reflective of its true value or if shares have even further upside from here. Let’s take a…
Did I miss the memo that we should all become STIR traders? Over the past month, the financial pundits’ infatuation seems to have moved from VIX to LIBOR, with everyone keenly aware of each tick in the TED spread. Here is the scary chart of the TED spread (the difference between US dollar eurodollar funding and American government treasury…
