Category Archive: Finance, No picture
Korn/Ferry Drops After Earnings As Credit Suisse Underscores Slowdown
Shares of organizational consulting firm Korn/Ferry (KF) have dropped sharply following the company’s report of its first-quarter results Thursday night. RESULTS: Korn/Ferry reported fee revenue of $465.6M in Q1, which it said was a 16.0% increase from the same period of last year, driven by organic growth in all solutions. Adjusted diluted EPS of 78c […]
Asia-Pacific Calendar: The Week Ahead – Friday, Sept. 7
By Steven Levine (Video length 00:02:59) Interactive Brokers senior market analyst Steven Levine provides some highlights for what to look for in the Asia-Pacific region in the week beginning September 10.
The Civilian Labor Force, Unemployment Claims And The Business Cycle
Every week we post an update on new unemployment claims shortly after the BLS report is made available. Our focus is the four-week moving average of this rather volatile indicator. The financial press generally takes a fairly simplistic view of the latest number, and the market often reacts, for a few minutes or a few hours, […]
USD/JPY: The Japanese Yen Moves Into The Tariff Conversation
YEN STRENGTH SHOWS AS TARIFF TALK MOVES TOWARDS JAPAN The Yen caught a bid in the latter portion of this week, helping USD/JPY to reverse the entirety of the gains that had posted in the pair from Monday thru Wednesday. This continues the messy price action that’s been showing in USD/JPY since the July breakout faltered. As we came into […]
U.S. Construction Spending Gains Traction: 3 Fund Picks
The U.S. Commerce Department reported on Sep 4 that domestic construction spending picked up in the month of July. Such an increase was achieved on the back of a spike in homebuilding activity as well as construction of publicly funded schools and highways. Although the metric came in below expectations, it showed a steep rise […]
Wage Inflation And Fed Comments On An Inverted Yield Curve
(Audio length 00:13:22) Chris Temple joins me today to recap the job data and the most important aspect of this month’s data, wage inflation. With wage inflation finally starting to tick up there are new factors at play for investors. We also discuss recent comments made by NY Fed President John Williams regarding the Fed’s […]
Trump Eyes Another $267 Billion In Tariffs (And He’s Foolish Enough To Do It)
As Trump ponders $200 billion in tariff threats, he eyes another $267 billion on top of that. Please consider Trump says has tariffs ready for further $267 billion worth of Chinese imports. U.S. President Donald Trump said on Friday that he has tariffs ready to go on a further $267 billion worth of Chinese imports, as […]
S&P 500 ETFs – Friday, Sept. 7
The S&P 500 index is arguably the most well-known worldwide. It is based on the market cap of the 500 largest companies in the U.S. The first-ever ETF, introduced in 1989, hoped to mimic the index, but was short-lived due to a lawsuit. Several S&P 500 ETFs have been brought to market since, and we […]
Record Gold/Silver Shorts!
Gold and silver were thrashed this past summer, relentlessly pounded to deep new lows. That has fueled extreme bearishness, with traders convinced the precious metals’ fundamentals are rotten. But epic all-time-record futures short selling by speculators was the real culprit. These unprecedented shorts must soon be covered with proportional buying, which is super-bullish for gold […]
