(Video length 00:03:16) Start with his new tax law–one of the
September 25, 2018
All eyes are currently on the crucial two-day FOMC meeting (starting today) as the central bank is highly anticipated to raise interest rates for the third time this year by 25 bps. This would also mark the eight rate hike
Earlier this year, two law professors at the University of California, Berkeley School of Law took issue with of all things Tobin’s Q. Though named for James Tobin, the idea had been introduced much earlier by several people. Tobin popularized
The US housing market just took another hit as Case-Shiller reported that home prices (in July) rose at the slowest pace since August last year, missing expectations notably. 20-city property values index increased 5.9% y/y (est. 6.2%), least since Aug. 2017, after
Last year, palladium was the best-performing metal, rising by more than 40%. This year, it lost the momentum and dropped sharply. The decline was mostly because of the ongoing trade war between the United States and China. Since palladium is
Market Analysis In the past, the USDA’s Small Grains report at the end of September has been a non-event. Very limited changes in US barley, oats and total wheat crops have been the rule over the years. Yet, possible changes
It was October natural gas contract options expiry day, and though the daily trading range ticked down from yesterday we still saw prices spike higher into the settle at the front of the strip, with the October contract gaining another
The Asian start seemed confused when opening lower, but it was not long before buyers stepped in. In holiday subdued trading (Hong Kong and South Korea are closed) the Shanghai index traded heavy for much of the day. It was
The bears are trying to extend the sell-off into a third straight day. But let’s be frank, the selling is hardly anything to get concerned with at this point, there is little volume to it, and the VIX indicator is
Much will be decided tomorrow. Metals and Miners could break either way. Prices will respond to interest rate expectations. Gold will remain under pressure as long as interest rates continue on a steady path higher. Gold should rally if the
