Category Archive: Finance, No picture
EUR/USD Bounce In Progress; Long At 1.1350
The USD ended little changed on Wednesday after reaching a 13-month peak against a basket of currencies. Upbeat figures on U.S. retail sales, manufacturing output and worker productivity supported the greenback and the view of steady U.S. economic growth. But USD sell-off during the North American session suggests a corrective move is due. This is […]
Nvidia (NVDA) Surpasses Q2 Earnings And Revenue Estimates
Nvidia (NVDA – Free Report) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.44%. A quarter ago, it was expected that […]
The Auto Business Is Overall Business
Automobiles have come a long way in two decades. The import craze of this latest bout of globalization was in the car business handed an open door by a lack of quality, or perceptions about a lack of quality. The domestic auto industry in the seventies and eighties really did not shine its brightest. By […]
SEC Is Probing If Musk Tweeted About Tesla Deal To “Crush The Shorts”
With every passing day, it is becoming increasingly likely that Musk’s “funding secured” tweet could end up the costliest in history, and could potentially land him, or others, in prison. Last week, before it was confirmed that the SEC had opened a probe into Tesla, by sending the company a subpoena inquiring into Musk’s actions, we […]
Poland, The Next Turkey? Spotlight On The Zloty And External Debt
Emerging markets have taken it on the chin. Is Poland next? Murray Gunn, Head of Global Research at Elliott Wave International, asks “Is Poland the next Turkey?” Our outlook for the Polish Zloty suggests that Poland’s developing authoritarianism is likely to accelerate. In case you have been living on Mars over the last few years […]
“Virtually Everybody Knew This Was Coming”
Was it Turkey’s “executive presidency” and its unwillingness to hike rates in the face of soaring inflation? Or maybe the record global debt accumulated over the past decade? Maybe the artificially low interest rates? Or perhaps it was the pervasive current account deficits amid easy outside capital. How about the rapid slowdown in China, its […]
This Book Suggests That Another Economic Crisis Is Closer Than You Think
Beige Book Suggests U.S. Businesses Fear Tariffs Will Trigger Economic Crisis What’s the Beige Book? Chairman Mao’s Red Book and Colonel Gaddafi’s Green Book were more famous. But the Beige Book may soon become more infamous because it predicts an economic crisis. Indeed, to investors, the Beige Book will soon be less bland than its name suggests—at least as far as 2018 goes. Suffice it […]
Trade, Deregulation, Taxes & Sanctions
“Davidson” submits: Major policy changes are having economic impacts. 1st-Regulation reductions occurred in 2017 and continue today. A positive multi-year impact. 2nd– Tax reductions began in 2018 and have a positive multi-year impact. 3rd-Sanctions against disruptive autocrat-led governments have gradually ramped higher resulting a stronger US$. 4th– The shift towards global tariff reductions is a […]
7 GARP Stocks To Scoop Up For Maximum Returns!
Growth at a reasonable price or GARP is an excellent way for investors to make some quick gains. This strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount. The GARP approach leads to the identification of stocks that are priced below the market or any reasonable target […]
