September 29, 2018 | Daily JAM, Friday Trick or Trend |
Our regular (or occasional or perhaps occasionally regular) Friday series ( actually running on Saturday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. On Friday...
September 29, 2018 | Uncategorized |
... economic news. Lot of economic news. It is the beginning of the month after all so we're due for all the data dumps from September. We get the Institute for Supply for Management's Purchasing Managers Index for Manufacturing (on Monday) Â and Services (on...
September 28, 2018 | Daily JAM, Mid Term, Volatility, You Might Have Missed |
I don't think there's anything more important to financial markets--well, assuming we don't get some kind of completely off-the-wall black swan event--over the next three months or so than the strength or weakness of the dollar. My judgment on trends in the greenback...
September 28, 2018 | Daily JAM, Notes You Need |
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don't justify a full post. I've decided to start compiling these notes here each day in a kind of running mini blog that I'm calling Notes...
September 28, 2018 | Daily JAM, Short Term, Volatility, You Might Have Missed |
Here's the historical wisdom: Bank stocks go up when the Federal Reserve raises interest rates. The logic is simple and rather compelling--when the Fed raises interest rates banks see the rate at which they can lend out money--the long term interest rate rise faster...
September 27, 2018 | Daily JAM, Perfect Five-ETFs |
Is it time to re-allocate your ETF portfolio? It's certainly time to ask this question. The September 26 meeting of Federal Reserve's Open Market Committee made a December 19 interest rate increase just about a done deal. In the dot plot released after that meeting,...
September 27, 2018 | Daily JAM, Short Term |
Yesterday's meeting of the Federal Reserve's Open Market Committee ended with the committee raising the short-term Fed Funds benchmark rate 25 basis points and signaling an intention of raising rates again in December and then three more times in 2019. Yesterday the...
September 27, 2018 | Daily JAM, Morning Briefing, Short Term, You Might Have Missed |
The U.S. trade deficit in goods grew in August to $75.8 billion, the widest in six months, as exports of food, industrial supplies and autos declined, the Commerce Department reported today. In addition imports of autos and consumer goods increased in the month. A...
September 26, 2018 | Daily JAM, Mid Term, You Might Have Missed |
No surprise on a September interest rate increase from the Federal Reserve today--but some very aggressive signals on policy into 2019. The 25 basis point increase today raised the Fed Funds rate to a target of 2% to 2.25%. The economy remains solid; Â job growth has...
September 26, 2018 | Daily JAM, Morning Briefing |
This morning in a speech before a session of the United Nations Security Council that he hosted President Donald Trump charged that China is attempting to interfere in the 2018 midterm congressional elections and alleged Beijing seeks to help his opponents. The...
September 25, 2018 | Daily JAM, GOLD, Stock Alerts |
Gold mining is a depressed sector so maybe it shouldn't come as a surprise that Barrick Gold's (ABX) acquisition of Randgold Resources (GOLD) didn't come with any premium. The all-stock deal valued Randgold at $6.5 billion, approximately its market capitalization...
September 25, 2018 | Daily JAM, Mid Term, Special Reports |
Part 1: Getting ready for an emerging markets bounce All the portents (You know, sightings of white seabirds on the left as the king rides to the hunt, the witches of Endor issuing a "buy"call, strange voices in the darkest night near the swamps of the dead behind...