Saturday Night Quarterback says, For the week ahead expect…
... 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...
Dollar fundamentals continue to erode
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...
Notes You Need for September 28: Inflation, Italy budget woes, Intel capital spending, Tesla CEO Musk charged by SEC, House adjoins with no farm bill, Facebook hacked, GOLD, sports betting
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...
Worth watching: Is something the matter with financials
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...
Is it time to re-allocate your ETF portfolio?
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,...
Mortgage rates and odds of December interest rate increase climb after Fed meeting
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...
Bad news on U.S. exports and trade deficit starts to bring down GDP forecasts
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...
Fed raises interest rates, locks in December increase, signals 3 moves in 2019
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...
U.S.-China trade war expands beyond tariffs
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...
Barrick buys Randgold as rumored, no premium in all stock deal
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...
Special Report: 10 picks for the coming 19% to 44% emerging markets bounce–plus BONUS ETF PORTFOLIO allocations
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...Download Jim’s eBook for Free
