You can print all the money you want, but it will never boost wages to keep up with prices. Central banks have been pursuing two goals for the past six years: ignite inflation and an expansion of debt that will supposedly generate “growth.” Despite squandering trillions of dollars, yen, yuan and euros, central banks have failed…
Japanese stocks tumbled to a more than one-week low on Wednesday morning, as political uncertainty in Greece spooked world markets already under strain from a slide in crude oil prices and worries over global growth. The resulting flight to safety drove the yen higher and took a toll on exporters. The Nikkei benchmark dropped 1.5…
At this year’s Jackson Hole Symposium, Fed Chair Janet Yellen delivered an extended analysis of “Labor Market Dynamics and Monetary Policy”. Her speech essentially reviewed the ongoing debate over the mix of cyclical versus structural factors in employment since the Great Recession. I’ve updated a series of charts illustrating some structural changes in the workforce…
Photo Credit: SnapCar PR While many look to Uber as the leader in taxi disruption, SnapCar has been quietly building its business by targeting a lucrative and often loyal group of customers: enterprises. SnapCar is starting its second year with big news: They’ve just closed an impressive €2 million round with a group of…
Since 2010, the best scoring names in our weekly mid cap reports have outpaced the S&P 400 by a median 4.07% in the following year. The best performers from our list from 1 year ago are ILMN up 91%, KNX up 85%, ALXN up 63%, IRF up 62%, and LVLT up 60%. The top…
Wheeeee, what a ride! As you can see from the chart, we got a nice round-trip on the Russell in the last two sessions but it smelled a little like BS to us so we shorted into the close and picked up a nice winner (back to 1,182 for a $300 per contract gain) already this morning (see…
Now that China is on the same boat as the rest of the world, and its stock market is a direct reflection of hopes for constant liquidity injections by the central banks, nothing could be better for stocks than bad news, which is precisely what it got. After the biggest crash in the Shanghai Composite…
OVERNIGHT MARKETS AND NEWS December E-mini S&Ps (ESZ14 -0.10%) this morning are down -0.06% and European stocks are up +0.56% after Die Zeit reported that ECB President Draghi called German Finance Minister Schaeuble after the Dec 4 ECB meeting in an attempt to garner support in Germany for a government-bond purchase plan to be decided as soon as…
The US market has been hit in sympathy because of the chaos outside. This should be expected. We have warned that China peaked in 2007 and is headed lower. The US is the ONLY game in town and the US economy has been holding up the entire world. But the growth in the USA is anemic to…
