January 11, 2020 | 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. The...
December 17, 2019 | Daily JAM, Morning Briefing |
The pound got pressed hard today, slumping by the most since January and hitting a new low for the day in afternoon trading in London. The pound was down 1.5% against the dollar (at $1.3132) and 1.4% against the euro. The FTSE 250 fell by as much as 1.7% as domestic...
December 16, 2019 | Daily JAM, Morning Briefing |
This morning it doesn't matter that the Part 1 U.S.-China trade agreement isn't signed and that we don't have more than the bare, vague outlines of the deal. This morning it doesn't matter that the smashing Conservative Party victory in the United Kingdom elections...
September 7, 2019 | AAPL, Daily JAM, Short Term |
...lots of speculation on what the Federal Reserve will do and say about interest rates next week on September 18. What has become the routine squeaking and squawking about the U.S.-China trade war/trade talks. More fun and games from London (where the legal opinion...
September 4, 2019 | Daily JAM |
Just so you can follow along at home. (And because I might as well share what I'm learning about the peculiarities of running a country without a written constitution.) Today the House of Common passed legislation on a second reading that calls on Prime Minister Boris...
September 4, 2019 | Daily JAM, Morning Briefing, Short Term |
As of 2 p.m. New York time U.S. stocks were higher on just about no meaningful news. To me it looks like the market wants to climb in the very near term--testing technical momentum to move to 2950 on the Standard & Poor's 500 and maybe beyond. The "reasons" being...
September 3, 2019 | Daily JAM |
It was the kind of session that only Parliament can produce: jeering, catcalls, and mid-speech by Prime Minister Boris Johnson the dramatic resignation of a Conservative member of Parliament who got up from his seat and walked over to join his new party the Liberal...
September 1, 2019 | Daily JAM |
... some things in the financial markets will be so similar to what they were before the Labor Day holiday that you might think you were never away at all. Not everything, though. Yes, the U.S.-China trade war will still be hanging fire. And the tariffs on $112...
April 9, 2019 | Daily JAM |
Nothing is certain in the Brexit chaos, but it looks like the leaders of the European Union have finally lost patience and faith in U.K. prime minister Theresa May's promises that she can push a Brexit deal through Parliament if she can just have a few more weeks....
March 21, 2019 | Daily JAM, Short Term |
Observing the doings at 10 Downing Street, the U.K. Parliament, and at Prime Minister Theresa May's meeting with European Union officials, two major U.K. newspapers have concluded that Brexit without a deal governing the terms of that exit from the European Union is...
March 18, 2019 | Daily JAM |
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...
March 14, 2019 | Daily JAM |
Today the House of Commons voted 413 to 202 to ask the European Union for an extension on Article 50 and more time to figure out how their country will leave the European Union. As much as they hate the idea of giving the feckless Brits more time, it's likely that the...