Reflections On The Global Macro Environment

Reflections On The Global Macro Environment

Audio Length: 00:53:48 On last week’s podcast, I had the opportunity to interview Jared Dillian, author of the professional investing newsletter “The Daily Dirtnap” and a writer for Mauldin Economics, as well as Marc Chandler of Brown Brothers Harriman (BBH), a specialist on currencies. First, before I get to the discussion with the two guests: […]
How Will The Fed’s Rate Outlook Impact Markets And The Economy?

How Will The Fed’s Rate Outlook Impact Markets And The Economy?

Audio Length: 00:36:56 Leigh Drogen, and SVP of Media, Christine Short, are joined by Nick Colas, Chief Market Strategist at Convergex. With the markets anticipating that the FOMC will raise rates at Wednesday’s meeting, we explore all things related with the Federal Reserve. Topics include a discussion around the probability of 3 hikes this year […]
Oil Jumps After Saudis “Explain” Production Surge

Oil Jumps After Saudis “Explain” Production Surge

Having sent crude oil pries tumbling overnight by admitting they cheated on OPEC production cuts, Saudi officials are desperately trying to unwind that faux pas by claiming the over-production was purely for domestic storage. The problem with this “explanation” is that Saudi deliveries to China soared in January… Bloomberg reports that Saudi Arabia didn’t raise supply to the […]
Technically Speaking: Market Review & Update

Technically Speaking: Market Review & Update

“Technically Speaking” is a regular Tuesday commentary updating current market trends and highlighting shorter-term investment strategies, risks, and potential opportunities. Please send any comments or questions directly to me viaEmail, Facebook or Twitter. As I noted last week, the “Ides Of March” is upon us and there is a LOT of stuff going on that could send ripples through the market. Here is […]
March Draghi’s Press Conference And Gold

March Draghi’s Press Conference And Gold

During Thursday’s press conference, Draghi sounded more hawkish than usual. What does this imply for the gold market? As we wrote on Friday, Draghi adopted a more optimistic tone during the press conference. First of all, he provided more upbeat economic projections and praised the improvement in the labor market, the decrease in cross-country heterogeneity, and the […]
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                        Is The Divergence In Central Bank Policy Sustainable?

EC Is The Divergence In Central Bank Policy Sustainable?

The most interesting thing in markets today is the growing divergence in short-term interest rates between the U.S. and the rest of the developed world. While Japan and most of Europe have negative 2-year yields, the U.S. 2-year Treasury yield has moved all the way up to 1.38%, its highest level since 2009. At 0.71%, […]
What Did I Say?

What Did I Say?

Oh, yes, I remember now – – “trendlines matter” There really aren’t enough ways to say “thank you” for this February 22nd call on crude oil (when it was $55). It has plunged about 14% since then.
USD/SEK Stumbles As Rising Swedish Inflation Beckons Eventual Tightening

USD/SEK Stumbles As Rising Swedish Inflation Beckons Eventual Tightening

Although most of the attention being paid by markets centers on the upcoming FOMC decision due for release on Wednesday, the European dynamic has been dominated by inflationary data from across the continent.The latest data from Sweden in particular mirrors similar dynamics unfolding across the globe as resurgent energy prices help spur higher consumer prices.Although […]
BoE To Maintain A Dovish Stance; GBP Not Oversold Yet

BoE To Maintain A Dovish Stance; GBP Not Oversold Yet

The pound dropped quite sharply in a belated reaction to the end of the legal process. Brexit is in the hands of Theresa May now. What’s next? The next risk event is the BOE. Here is their view, courtesy of eFXnews: Credit Agricole CIB Research expects the BoE to stay on the dovish side this week linking its […]
4 Strong Buy Staffing Stocks On Blowout Job Creation

4 Strong Buy Staffing Stocks On Blowout Job Creation

The year is off to a sizzling start for job creation. Employers added almost half a million jobs in the first two months of 2017, the best back-to-back performance since last summer. Not only were workers hired at a robust pace, unemployment came down and wages scaled higher. The number of people losing jobs is […]