As we move deeper into the year, we see the potential for a change in the direction of the prevailing wind across global markets and economies. Why? Big U.S. tax cuts, synchronized global growth, and strong earnings may face increasingly strong headwinds from U.S. Federal Reserve (the Fed) rate hikes, rising inflation, and protectionist threats….
As the Q1 roller-coaster draws to a bumpy close, it’s time to move our attention to the coming quarter. Which are the key stocks out there right now to boost your portfolio’s second quarter returns? When the market is looking so volatile, you have to work a bit harder to find the best investing ideas. …
The Third Estimate for Q4 GDP, to one decimal, came in at 2.9% (2.89% to two decimal places), a decrease over 3.2% for the Q3 Third Estimate. Investing.com had a consensus of 2.7%. Here is the slightly abbreviated opening text from the Bureau of Economic Analysis news release: Real gross domestic product (GDP) increased at an annual…
Central bank gold price suppression is a well-documented fact. Central banks have a long and colorful history of manipulating the gold price. This manipulation has taken many shapes and forms over the years. It also shouldn’t be surprising that central banks intervene in the gold market given that they also intervene in all other financial…
The Earth is flat Cigarettes are healthy Leeches are the cure for everything The universe revolves around the Earth California is an island Red wine is healthy, unhealthy, healthy… Facts are essential as they offer humans a sense of stability in a chaotic world. For instance, we find comfort in the “fact” that the life-sustaining…
Traders and investors tend to look at a lot of different trading time frames and charts. Some will use intraday charts (hourly, 4 hour, 30 minutes, etc), most will use daily charts, some will use weekly charts, and a few will use monthly charts. Different charts tell you different things. Longer term charts like weekly…
Takeda Pharmaceutical (TKPYY) overnight confirmed that it is considering making an approach to Shire (SHPG) regarding a possible offer for the company. “Takeda’s consideration of such an offer is at a preliminary and exploratory stage and no approach has been made to the Board of Shire. There can be no certainty that an approach if…
BlackBerry Ltd (NYSE: BB) released its Q4 2018 earnings results before opening bell this morning. On a non-GAAP basis, BlackBerry earnings amounted to 5 cents per share on $233 million in GAAP revenue or $239 million in non-GAAP revenue. Analysts had been looking for adjusted earnings of 1 cent per share on $196.2 million in GAAP…
Last Friday, Deutsche Bank’s Aleksandar Kocic laid out what he calls the “Hierarchy Of Vulnerability” for markets “at the intersection of politics and policy.” Over the past several weeks, ongoing turmoil at the White House has collided with and exacerbated geopolitical and economic policy uncertainty, with the former manifesting itself in the decision to replace H.R. McMaster with…
In 2006, following 35 years of declining U.S. oil production, net monthly imports of crude oil and finished products had climbed to more than 13 million barrels per day (BPD). What’s happened since is nothing short of amazing. Last week, the Energy Information Administration (EIA) reported that U.S. crude oil production had reached 10.38 million BPD. This represents…
