The EUR/GBP pair has been very volatile over the last several months, but one would expect that considering that we have had so much in the way of headline noise coming out of the negotiations between London and Brussels. The
December 24, 2017
One month ago, Citi’s credit team laid out its outlook for the coming year in what – in our opinion – was one of the gloomiest reports for the coming year, and included the following fascinating revelation according to which central bankers
The Dow, S&P, and Nasdaq all finished slightly lower on Friday, but higher for the week. President Trump signed the new tax bill, which slashes corporate tax rate to 21% from 35%. The Dow & S&P posted gains for the
In the last letter, I suggested that SPX could have a final thrust to 2690+ which could turn out to be the final high before it was pulled down into the January cycle lows. On Monday, it obliged with a
In this video we discuss the daily and weekly stock chart of Bitcoin $BTC and the Semiconductor ETF SMH and if we have seen a bubble burst in Bitcoin as well as other blockchain cryptocurrencies. We use candlestick charting and
The economic calendar is light, the week is short, and the A-Teams are taking some time off. It is the formula for punditry gone wild. But what will be the subject, especially if Bitcoin is not moving much? I suspect
The United States Senate just passed the Tax Cuts and Jobs Act, marking President Donald Trump’s first major legislative conquest. The highlight of the reform is the slash in corporate tax rate from 35% to 20% that is expected to
Guess what? Bitcoin hasn’t rebounded. Wait, that’s not entirely true. Over the weekend, it has managed to remain well above the Friday morning lows when it abruptly plunged below $11,000, but on Sunday it headed back below $14,000 and is
Tromso, Norway, sits 215 miles inside the Arctic Circle. It is one of the planet’s most northerly human settlements. Around January 25th at lunchtime, its inhabitants drop what they’re doing and gather outside for their first glimpse of the sun in
Earlier this month, Trump touted the idea that, under his tax plan, thousands of Americans would be able to “file their taxes on a single, little beautiful sheet of paper.” Of course, this so-called “postcard” that Trump and Paul Ryan
