Category Archive: Finance
Multiple Jobholders: Two Decades Of Trends As Of September
What are the long-term trends for multiple jobholders in the US? The Bureau of Labor Statistics has two decades of historical data to enlighten us on that topic, courtesy of Table A-16 in the monthly Current Population Survey of households. At present, multiple jobholders account for just 4.8 percent of civilian employment. The survey captures data for […]
GBPUSD Triggers Corrective Recovery, Eyes More Strength
GBPUSD is halting its broader weakness to trigger a strong correction on Monday, more strength is expected. Support lies at the 1.3100 level where a break will turn attention to the 1.3050 level. Further down, support lies at the 1.3000 level. Below here will set the stage for more weakness towards the 1.2950 level. Conversely, […]
Escalating Feud: Turkish Lira Slumps Following Tit-For-Tat Visa Restrictions With US
Last week, Turkey arrested Metin Topuz, a US consulate employee in Istanbul. Turkey accuses Topuz of having links to Pennsylvania-based opposition cleric Fethullah Gulen. Following the arrest, the US placed visa restrictions on Turkish citizens seeking to enter the US. When Turkey responded in kind the . The Turkish lira slumped as much as 6.6% against […]
Q3 Earnings Reports: What To Expect
The big wait is over as the hit parade of Q3 earnings reports gets started this week – big names included (banks are end of week). The tone of the reports and the reaction of the markets will be extremely important. Why all the hype? During this particular reporting season, we usually get a glimpse […]
Entrepreneurs Are The Key To Economic Development
Questions of economic development have long been long held a prominent position in economics. How did the most advanced economies get to where they are? What can less-advanced economies do to catch up with the leading pack? After World War II, a whole sub-field of economics emerged to focus on these questions. Today, we call […]
19 Ways To Withdraw IRA Funds Without Penalty
We’ve covered a lot of ground on how you can access your IRA funds in this blog. Over time I have developed the following list of the ways to withdraw IRA funds without penalty. The penalty for early withdrawal of IRA funds is 10% of the withdrawal, unless one of the exceptions is met. […]
Delta Air Lines Q3 Earnings: Disappointment In Store?
Delta Air Lines, Inc. (DAL – Free Report) is scheduled to report third-quarter 2017 results on Oct 11, before the market opens. This Atlanta, GA-based carrier’s second-quarter earnings of $1.64 per share missed the Zacks Consensus Estimate of $1.66. However, earnings climbed 11.56% on a year-over-year basis on the back of a 3.3% operating revenue growth. Meanwhile, quarterly […]
Mazor Robotics Sees Q3 Revenue Above Consensus At $17.2m
Mazor Robotics (MZOR) expects to report of approximately $17.2M for Q3, above the consensus estimate of $13.58M. During the third quarter, the company received a total of 22 system purchase orders from customers in the U.S., Asia and Israel. The 22 orders are comprised of: 19 purchase orders for the Mazor X system, of which […]
USD/JPY Daily Analysis – Monday, October 9
USD/JPY moved sideways in a trading range between 112.21 and 113.43. As long as 112.21 level holds, the sideways move could be treated as consolidation of the uptrend from 107.31, and further rise to 114.00 area cold be expected after the consolidation. On the downside, a breakdown below 112.21 level could bring price back to […]
Where US Stocks Are Traded Today
Last week, the US Treasury Department issued its second of four reports related to President Trump’s Executive Order 13772 (on regulation in alignment with the Core Principles). The first report was on Banking, this report is on the Capital Markets, and other reports will follow over the coming months (including on asset management, insurance, products, […]
