Asian stocks fell amid shrinking volumes, with the regional index heading for its first annual drop since 2011. The yuan slipped to the weakest level since June, while oil climbed from a five-year low. The MSCI Asia Pacific Index lost 0.4 percent at 11:32 a.m. in Tokyo, extending this year’s retreat to 2.5 percent. Trading on…
We know that the American economy has done very well this year. Under the guidance of the US central bank, the economy has picked up speed once again and this has not gone unnoticed. The value of the US dollar has increased significantly over the past few months and analysts say this is only the…
Photo Credit: Victorgrigas / Creative Commons Talk about technology startups in India and the de facto prefix you’ll hear is “mobile-first.” From e-commerce to data analytics, every company is raving about going mobile, being mobile only, and so on. Yet the truth is mobile internet in India is far, far slower than in developed countries….
With the third round of Quantitative Easing behind us and the first FOMC meeting of 2015 a month away, let’s take a quick look at US Treasuries. The yields on the 10-, 20- and 30 year Treasuries have generally trended downward since the end of 2013. They hit their 2014 lows on December 16th, the…
by Rob Isbitts 2014 has been an odd year in many ways. Easy money has continued to be the rule for central governments across the world, and this has created false sense of security that is going on six years (following the end of the financial crisis-induced stock market decline that ended in March, 2009)….
The EUR/USD pair fell again during the session on Monday, after initially trying to rally. As you can see the trend has been intact for some time, as denoted by the 50 exponential moving average on this daily chart. That being the case, I see no way in which I would be buying this pair, even though…
In early December, Avago Technologies (AVGO – Analyst Report) crushed the Zacks Consensus Earnings and Revenue Estimates mainly due to their wireless communications division, which saw 73% growth quarter over quarter. Further, growing demand for BAW filters in China and India helped boost growth as well. Avago Technologies is a leading designer, developer, and global supplier of a…
‘Tis the season to make lists, and a list shall be made. We tend to see each year as extraordinary, and in some senses, each year is. But in a broader sense, 2014 was merely another year in a long chain of human triumph and misery. Wars have been waged, marvelous things have been invented,…
China’s Leading Index has fallen to its lowest since Feb 2009 this evening, down 4 straight months from credit-driven 18 month highs. This economic weakness has exaggerated the already weak tone in Yuan trading this evening pushing CNY to its weakest in almost 7 months (against the USD), its furthest on record from the CNY Fix…
Among the most interesting of the long-term economic indicators I track is the Census Bureau’s annual data on the mean (average) household income received by each fifth (quintile) and top 5 percent. See my latest update here. A conspicuous pattern in the series is the widening of the spread in income growth that started during the…
