Stiillwater Mining is a hold for 2016
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Markets follow central bank policy today rather than real economy
In Shanghai, Tokyo and New York today stock markets moved on anticipation of central bank policy shifts rather than the direction of the real economy
I’m using today’s cash-induced rally in Shanghai to sell Mosaic–I just don’t see higher stock prices leading to stronger economic growth in China
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Back from a holiday, China’s government resumes buying stocks
The People’s Bank and the rest of the Chinese government has come back from its holiday ready to buy stocks and buy some more in Shanghai. And the buying is going to be conducted on the same very obvious end-of-the-day pattern as before last week’s break. Goldman Sachs today put the total buying by the government in the Shanghai bear at $236 billion
Sector Monday: Even more crude oil price volatility on tap for the fall
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
China “data week” starts off on a sour note
A big week for China news hasn’t started off well. And that says, “Watch out!” when U.S. stocks resume trading on Tuesday, September 8. Today’s news showed that China’s huge foreign exchange reserves got a bit less huge in August. China’s foreign-exchange reserves fell by a record $94 billion last month
Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...At 173,000 jobs for August, markets are left twisting in the wind over timing of a Fed move on interest rates
The problem is that you can argue these numbers either way. Either the disappointing jobs total and almost invisible inflation will keep the Fed on the sidelines, or the Federal Reserve will decide the June and July revisions plus the potential for August revisions signal a strong enough labor market to justify a 25 basis point interest rate increase.
China’s on holiday but the EuroZone announces some news to keep us occupied (and it’s not good)
Growth will be slower than expected, the European Central Bank said. Inflation may turn negative in 2015. And the bank adjusted some of its rules so that it will be able to complete its full 1.1 trillion euro ($1.2 trillion) program of quantitative easing. Stimulus will continue to September 2016 or beyond
China gives global stocks a break by going on a two-day holiday
Yesterday and today, I think it was the impending holiday closure that prevented really, really bad news on the Chinese economy from turning into another selling spree. The official Purchasing Managers Index for the manufacturing sector fell to 49.7 in August from 50 in July. Any reading below 50 indicates that the sector or the economy is contracting. The August read of 49.7 is the first time the index has been below 50 since February
Sector Monday Part 2: It’s fall shoulder season again for gasoline demand and oil stocks have gone into a traditional seasonal retreat–big time
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Download Jim’s eBook for Free
