Category Archive: Finance
Fed Models Facing Technological Disruption
By Financial Sense Technology is having a massive disinflationary impact on the global economy and, when it comes to interest rates and monetary policy, we need to rewrite the playbook to a certain degree, noted a strategist from BlackRock in a recent interview with FS Insider. skeeze / Pixabay Consider Blackrock Outlook: Technology Causing Historic Supply-Side Shock […]
Weekly Forex Forecast – Sunday, August 27
USD/CAD The US dollar fell significantly during the week, testing the uptrend line on the longer-term charts. Because of this, I think if we can break down below the 1.2450 level, the market should continue to go much lower and I think we could see the end of the uptrend if that happens. However, it’s […]
Japanese Inflation Weak But Stable; Yen Trends Remain Elusive
Fundamental Forecast for JPY: Neutral This week was somewhat of a wash for the Japanese Yen, as the currency moved sideways against the British Pound, Aussie and U.S. Dollar. The Yen did show a bit of deference to trends of strength in the Euro and CAD, as the one piece of significant Japanese data for this week indicated continued weakness in inflation. […]
Weekly Economic & Political Timeline – Sunday, August 27
This week will have a considerably heavier news agenda than last week. The agenda will be dominated by quite a lot of U.S. high-impact economic data centered on the end of this week, with the Non-Farm Payrolls data due Friday being key. Therefore, volatility this week should be considerably higher than it was last week, […]
What’s Next For Oil: Interview With Former DoE Chief Of Staff
In this week’s MacroVoices podcast, Erik Townsend and Joe McMonigle, former chief of staff at the US Department of Energy, discuss the state of the global energy market, and OPEC’s rapidly diminishing ability to control oil prices. McMonigle believes investors will be hearing more jawboning from the Saudis, OPEC’s de-facto leader, over the next two weeks as they […]
EC The Future Of Housing: The Senior Sell-Off Still Gives Way To Aging In Place
A month ago, Trulia published an article on the potential for renting out the spare rooms of Baby Boomers to millennials called “Boom-mates: How Empty Nesters Could Help Ease a Housing Shortage.” It was an interesting twist on the concept of multi-generational housing that generated a lot of related headlines. I took interest in the […]
Gold Keeps Control Through Jackson Hole
There was a moment in Friday’s trading session for Gold wherein we said, “Oh no, here we again go, price losing control”. Here ’tis below (left arrow) in the sudden spate of nervousness leading into Federal Reserve Chair Yellen’s Wyoming remarks, wherein rather than talk rates, she assured us of the financial system’s safe state. From our […]
ETF Watchlist: Week Of August 28, 2017
You hear a lot in the marketplace about “buying the dip”. With the market continuing to sit near record high levels, the definition of what qualifies as a dip has grown narrower. Traders used to wait for the markets to drop at least 5%, and preferably more, before looking to pick up some bargains. Nowadays, […]
US Dollar Survives Yellen Speech, Looks On To Jobs Data
Fundamental Forecast for the US Dollar: Neutral US Dollar avoided outright breakdown on Yellen’s Jackson Hole speech Gold prices also held their range, hinting Fed rate hike bets remain alive All eyes now turn to payrolls, PCE inflation and revised GDP statistics The US Dollar spent most of last week in wait-and-see mode as markets braced for a […]
Weighing The Week Ahead: What Can Be Done To Create More Jobs At Better Pay?
We have the biggest data calendar of the year, climaxing with the employment report. It is right before the Labor Day weekend. It is a natural setup for politicians and pundits alike. Expect many to be asking: How Can We Create More Jobs and Better Pay? Last Week Recap My expectation that last week would […]
