Category Archive: Finance, No picture
Weekly Trading Forecast: US-China Trade Talks And A Rebound In Equities Warms Speculative Interest For Next Week
US Dollar Forecast: US Dollar Rally May Resume on Fed Minutes, Jackson Hole Symposium The US Dollar fell from an 18-month high on hopes for trade war de-escalation. August’s FOMC meeting minutes and the Jackson Hole Symposium may revive the rally. Euro Forecast: EUR/USD Vulnerable to Dovish ECB Minutes, Hawkish Fed Symposium The Fed’s Economic Symposium may curb the […]
How To Manipulate People With Interest Rates
Most experts agree that through the manipulation of short-term interest rates, the central bank by means of expectations regarding future interest rate policy, can also dictate the direction of long-term interest rates. In this way of thinking expectations regarding future short-term interest rates are instrumental in setting the long-term rates. (Note the long-term rates are […]
Growing Reluctance To Move: Job Relocations Down
Despite a tight labor market with numerous openings, there’s a growing reluctance to move. The Wall Street Journal reports Fewer Americans Uproot Themselves for New Jobs. Fewer Americans are moving around the country to pursue new work opportunities, as a tighter labor market and changing family ties make people less willing to uproot their lives for […]
Chinese Yuan, Hong Kong Dollar Eye On Central Banks’ Defense At Key Levels
FUNDAMENTAL FORECAST FOR CNH: Neutral PBOC stepped in twice when the USD/CNH broke above 6.90, a key threshold below 7.0. US-China Trade war and weak Chinese fundamentals add difficulties to support the Yuan. USD/HKD touched the lower limit of 7.85, a level that HKMA will continue to defend. The offshore Chinese Yuan gained against the U.S. Dollar this week after nine […]
The Dow Jones Advances As Gold Declines
The Dow Jones did well this week, closing just a hair from its February 26th’s -3.41% (Red Circle below). Hopefully it can take that out next week, but who can say whether it will or not? So let’s all cross our fingers and hope for the best. I’m not risking my money in this market, […]
Insurance ETFs Looking Good Post Q2 Earnings
The insurance industry has performed well this reporting cycle with robust earnings from leading players. Prominent players such as MetLife MET, Chubb Corp CB and Allstate ALL surpassed earnings and revenue estimates. While American International AIG and Travelers TRV missed earnings estimates, Aflac AFL lagged revenue estimates. Prudential Financial PRU missed on both fronts (see: all the Financial ETFs here). Insurance Earnings in Focus MetLife, the U.S. life insurance […]
Weekly Economic And Political Timeline – Sunday, August 19
This week will see an even lighter schedule than last week, with central bank input due from the U.S. FOMC and the RBA. There will be only a few major economic data releases primarily concerning the U.S. and Canadian Dollars. The market is likely to be most active on Wednesday. U.S. Dollar It will be an […]
Trump’s Trade Wars
Trump has gotten America into a trade war with all our major trading partners. He’s put tariffs, which are essentially taxes, on what they sell to us. And they’ve retaliated by putting tariffs on what we sell to them. Trump’s trade war is dumb and dangerous for 3 reasons: First: American companies make and sell […]
