January 17, 2020 | Daily JAM |
If 2019 was (and it sure was) the year for putting money into U.S. stocks, will 2020 be the year for putting money to work outside the U.S. and especially in emerging market stocks? The answer from a large--and it seems increasing--number of Wall Street strategists is...
January 6, 2020 | Daily JAM |
Land sales in major Chinese cities hit a record high in 2019, according to Caixin Global. Revenue from land sales revenue in 50 cities last year grew to a record 4.2 trillion yuan ($601.6 billion) as of Dec. 26, marking a jump of 17.6% from the same period in 2018,...
December 27, 2019 | Daily JAM, Friday Trick or Trend |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Friday 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. It's no...
November 6, 2019 | Daily JAM, Mid Term |
German Finance Minister Olaf Scholz brushed off warnings from the International Monetary Fund that the European Union and especially Germany need to come up with emergency plans to see it through a growth slowdown. “Given elevated downside risks, contingency plans...
August 5, 2019 | Daily JAM, Morning Briefing, Short Term |
We suspend our usual programming to cover the developing financial market and likely economic reaction to China's decision to let the yuan tumble in retaliation to President Donald Trump's decision last week to place a 10% tariff on an additional $300 billion in...
July 25, 2019 | Daily JAM, Morning Briefing, Short Term |
U.S. stocks paused as expected today ahead of tomorrow's initial report on growth in U.S. GDP for the second quarter. Economists surveyed by Briefing.com are expecting that GDP growth dipped to 1.8% year over year in the quarter, down from 3.1% in the first quarter....
July 16, 2019 | Daily JAM, Morning Briefing, Short Term |
At a cabinet meeting today President Donald Trump wanted to remind everyone that he could still impose additional tariffs on Chinese imports if he wants. The President also expressed impatience that the truce in the trade war with China hadn't yet resulted in a pickup...
July 12, 2019 | Daily JAM, Morning Briefing |
Trade analysts call Singapore's export-driven economy the canary in the coal mine for the global economy. In which case that canary is looking kind of wobbly lately. Singapore's GDP contracted at an annualized 3.4% rate in the second quarter. That's the biggest...
July 2, 2019 | Daily JAM, Mid Term |
Christine Lagarde will move from heading the International Monetary Fund to take over the helm at the European Central Bank from outgoing President Mario Draghi. I think this is a generally positive piece of news. First, putting Lagarde in the chair means that...
June 14, 2019 | Daily JAM, Friday Trick or Trend, Mid Term |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Friday 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. I think there...
May 23, 2019 | Daily JAM, EFNL, Stock Alerts, Volatility |
I will sell the iShares MSCI Finland ETF (EFNL) out of my Volatility Portfolio tomorrow. The EuroZone in general and the Finnish economy in particular is heavily dependent on exports and the slowdown in the global economy resulting from the U.S.-China trade war isn't...
April 14, 2019 | Daily JAM |
... earnings report this coming week to shed significant light on the likelihood of an earnings recession and how the slowdown in the global economy will affect revenue and earnings at U.S. companies. This week begins by finishing up reporting from the big banks. We...