US Stock Market: Will Rally Be Able to Continue without Earnings Support?
Given the ongoing trade issues, the political drama in Washington, the Fed’s multiple moves and geopolitical uncertainties, the one constant this year underpinning stocks has been corporate earnings results.Read More
Wrong Response by Trump to China’s Countermeasures Threat Could Blow Up Trade Deal
What traders could be waiting for is Trump’s response. Will he defy his promise to Chinese President Xi Jinping, or will he remain silent? It’s highly unusual for Trump to remain silent for too long especially when a foreign country threatens the U.S. with “strong countermeasures.”Read More
Two-Weeks Before Fed Meeting, Policymakers Remain Divided Over Rate Cut
One group like Fed Chair Jerome Powell believes the outlook is generally positive. Another believes the U.S. economy needs even easier policy to avoid sinking into a recession. Still a third group believes the Fed has gone far enough or even a little too far in trying to revitalize theRead More
We’ll Know How the Meeting Went by How Trump Handles October 15 Delayed Tariffs
If Trump moves forward with the tariffs on October 15 then this will complicate matters since it will indicate that both sides are still far apart and Trump feels China needs to continue to feel pressure in order to finish a deal in a timely manner.Read More
US Equity Indexes: Short-Term Volatility Expected Due to Rate Cut Uncertainty
While some wait for a recession, others are watching for a potential jump in inflation that could derail any thoughts of future rate cuts by the Fed.Read More
Euro Rebounds as ECB Underwhelms; Draghi Faced Opposition to QE
Draghi was also hurt by a headline from Bloomberg that said he faced opposition from several key ECB governors in his ultimately successful bid to restart quantitative easing, according to officials with knowledge of the matter.Read More
Technical Recession: What it is and How the Trumpian Era Driving The Economy to a Potential Recession.
The term “technical recession” has been all over the past month, as many analysts see the risk of a technical recession in the Eurozone’s largest economy piling up.Read More
This is What Winning Trade Wars Looks Like
Amongst the many Trump campaign promises, the promise that the American people will “Have so much winning if I get elected that you may get bored with winning” stands out, however it doesn’t appear like it will become boring anytime soon.Read More
Jobs Report Will Lift Uncertainty Off Fed, Move it to ECB
In my opinion, after the jobs data is released on Friday and traders make their position adjustments, the uncertainty over the Fed’s July 31 monetary and interest rate decisions will be lifted and the uncertainty will shift to the European Central Bank. This should lead to further pressure on theRead More
Can New ECB Head Christine Lagarde Help the EUR?
The EU surprised the market by appointing Christine Lagarde, the head of the IMF, to take the place of Mario Draghi when he retires as President of the ECB in November.Read More
Why Fed May Pass on July Rate Cut
Given Powell’s comments, it looks as if the game-changer could be Friday’s U.S. Non-Farm Payrolls report. If this report comes in better than expected then combined with the resumption of trade talks and the steady PMI data, I think investors will have to seriously consider the possibility of no rateRead More
UK Credit Impulse Contracts for Seven Consecutive Quarters
There has been a handful of good data released in the United Kingdom in recent weeks but it would be misleading to see this as a sign that growth is on the verge of a prolonged rebound.Read More
Facebook, Libra, the SEC, and the Cryptoworld
Facebook is looking to get in on the crypto act. Will U.S Congress and other governments let FB roll out a crypto payment service to more than 2bn users?Read More
Powell Makes Recession, Inverted Yield Headlines Disappear with One Comment
Powell took the wind out of the argument for a recession because as you should know by now, the Fed is pretty powerful. With the stock market rallying and believe it or not, the President threatening more tariffs on China, stocks are on a roll again and within striking distanceRead More
1990s vs. 2010s. Which Expansion Will be Better for Gold?
Ladies and Gentlemen, we have a tie! The current expansion already lasts as long as the economic boom that started in March 1991 and ended in March 2001. We invite you to read our today’s article, which compares both expansions and find out whether the current boom will be betterRead More
Better Than Buy-and-Hold Gold Investment
Have you thought about simply buying gold and forgetting about it for the next 10-15 years? We certainly did. And it seems not bad. But is „not bad” enough?Read More