Archives by Month:

Archives by Year:

Further Early Confirmation On PBOC Intentions

Further Early Confirmation On PBOC Intentions

The level of Chinese bank reserves fell again in May 2018. Year-over-year, what is technically classified as Deposits of Other Depository Corporations on the PBOC’s liability (money) side of its balance sheet contracted by 1%. This advances a very different trend for reserves, breaking what had been a more continuous and determined effort toward at least minimal […]
Don’t Worry About A Bear Market, Plan For It Instead

Don’t Worry About A Bear Market, Plan For It Instead

Fears about a potential trade war between the U.S. and China are creating lots of concern among investors lately. It’s hard to tell if this will be a major economic headwind or just a reasonable renegotiation of trade agreements between the two superpowers. In any case, markets hate uncertainty, and trade war fears are an […]
7 Out Of 7 Firms Have Beat Q2 Earnings Estimates

7 Out Of 7 Firms Have Beat Q2 Earnings Estimates

Weak Existing Home Sales The new home permits, starts, and completions were all strong in May, but the existing home sales have been flat at best this year. The seasonally adjusted annual rate of existing homes sales was 5.43 million in May. This was below the consensus for 5.5 million. As you can see from […]
Deutsche Bank Could Spell Economic And Financial Chaos?

Deutsche Bank Could Spell Economic And Financial Chaos?

Before declaring bankruptcy, Lehman Bros. had $639 billion in assets. It was thought to be too big to fail. Currently, Deutsche Bank has almost triple those assets, $1.7 trillion, but its future is in question. The bank’s net income plummeted by 80 percent from its 2017 level. The Federal Reserve has labeled Deutsche Bank’s US operation as […]
Market Cap To GDP: An Updated Look At The Buffett Valuation Indicator – Friday, June 22

Market Cap To GDP: An Updated Look At The Buffett Valuation Indicator – Friday, June 22

Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001, he remarked in a Fortune Magazine interview that “it is probably the best single measure of where valuations stand at any given moment.” The four valuation indicators we track in our monthly valuation overview offer a […]
Green light for AT&T’s purchase of Time Warner

Green light for AT&T’s purchase of Time Warner

On June 12, a federal judge approved telecommunications giant AT&T’s takeover of Time Warner in a rebuke to the US Justice Department.  The deal, worth $85bn, has sparked fears of a frenzy of media acquisitions that would make the market less competitive. The Department of Justice’s attempt to block the merger drew suspicions of political […]
Bayer to retire Monsanto’s name upon completion of merger

Bayer to retire Monsanto’s name upon completion of merger

On June 4, German drugmaker Bayer announced it would retire the Monsanto name upon closing its acquisition of the company, taking its products under Bayer’s portfolio. The merger, which received regulatory approval on May 29, is set to close on June 7 and will be the biggest outbound merger by a German company since Daimler-Benz bought […]