Category Archive: Finance, No picture
More Tariffs On China: “They Better Pay Attention” Was The Hamptons Message
Not only did Trump whine about interest rates at the Hamptons fundraiser, he also threatened China. The Wall Street Journal reports U.S. Moves Toward New Tariffs on China Despite Fresh Round of Trade Talks. The Trump administration is moving closer this week to levying tariffs on nearly half of Chinese imports despite broad opposition from U.S. […]
Indian Indices Trade Flat; Energy And Power Stocks Witness Buying
Share markets in India are presently trading near the dotted line. Sectoral indices are trading on a mixed note with stocks in the energy sector and power sector witnessing maximum buying interest. Stocks from the realty sector are trading in the red. The BSE Sensex is trading up by 12 points (up 0.03%), while the NSE Nifty is trading up by 15 points (up 0.1%). The BSE […]
AUDUSD Daily Analysis – Tuesday, August 21
AUDUSD’s upside movement from 0.7202 extended to as high as 0.7353. Further rise is still possible after a minor consolidation and next target would be at 0.7400 area. Support is at the bullish trend line on the 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.
Crude Oil, Gold Prices Rise As Trump Comments Hurt US Dollar
A pullback in the US Dollar set the trajectory for key commodities on Monday. Crude oil and gold prices rose in tandem as jawboning from Donald Trump amplified the greenback’s retreat, which has been underway since late last week against a backdrop of improving risk appetite. The US president again expressed displeasure with the Fed’s tightening efforts, saying he intends to “criticize” […]
Indian Share Markets Open Flat; Realty & Metal Stocks Drag
Asian stock markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is flat while the Hang Seng is up 0.4%. The Shanghai Composite is trading up by 1.4%. Wall Street’s major indices rose on Monday on optimism over trade talks between the United States and China, though they fell from session highs […]
CoT Reports For Gold And Treasuries, Looking Ahead To The Jackson Hole Meeting
Chris Temple kicks off this week with comments on recent CoT reports as well as a major central bank meeting this week. The CoT reports for Gold and treasuries show some noteworthy net short positions for the speculators. For gold, we are at a net-short level not seen in 17 years and for treasures, we […]
E SJW Group: A Small Cap Stock With Potential
SJW Group (SJW) is a water utility company that has operations in Silicon Valley area of California and the area north of San Antonio, Texas. The company purchases, produces, stores, purifies and transports water to customers in these areas. SJW Group has a small real estate portion of the company that owns and develops residential […]
China’s Debt Mountain Could Roil Markets As 2018 Bows Out
It is never hard to spot potential clouds on the economic horizon but the present moment seems, perhaps, especially gloomy. There are those seemingly endless clashes between the US and just about everyone on the subject of trade, with the previous, globalist settlement stalled if not in full reverse. Then there are the effects of […]
The Secular Stagnation Of Keynesian Economics
Larry Summers recently reiterated his assertion that we are in an era of secular stagnation, suggesting in a new paper that low-interest rates and an aging population may have caused this. However, the U.S. economy has recently shown substantial signs of growth, which appears sustainable. If President Trump can restrain his enthusiasm for low-interest rates, […]
In Next Crisis, Gold Won’t Drop Like 2008
Last week, we discussed the tension between forces pushing the dollar up and down (measured in gold—you cannot measure the dollar in terms of its derivatives such as euro, pound, yen, and yuan). And we gave short shrift to the forces pushing the dollar down. We said only that to own a dollar is to […]
