The Wall Street bull-run, which entered its longest ever expansionary phase on Aug 22, is showing no signs of abatement. Despite trade war concerns, a robust U.S. economy and strong earnings results boosted investors’ confidence in the stock markets. Strong
October 2, 2018
Eurobonds are not a perfect substitute for dollars, but they may be someone’s only alternative. In some ways, Reflation #3’s weakness can be found originating in this context. The “rising dollar”, or eurodollar squeeze, of 2014-16 was a failure and
AUSTRALIAN DOLLAR TALKING POINTS AUD/USD is under pressure following the Reserve Bank of Australia (RBA) meeting as the central bank keeps the official cash rate (OCR) at the record-low, and the rebound from the 2018-low (0.7085) may continue to unravel as
WTI held above $75 today but did not extend yesterday’s surge gains ahead of tonight’s API print. After last week’s surprise build, crude was expected to build again and did but it was Cushing that surprised with the biggest rise in
The September round of manufacturing PMI data brought some really interesting insights. I’ll be talking through them in more depth later in the week, but I wanted to highlight 2 charts I thought particularly interesting and salient to the key global macro
A mixed bag of events for markets as some moved while others remained unchanged. The Russell 2000 made a key move lower as it broke channel support. Relative performance widened its losses as declines were logged. The next target is the
A review of the day’s trading in the agriculture markets. Video Length: 00:08:51
Blockchain Growth Driven By Tech Obsolescence. Many Organizations Held Captive By Legacy Technology May Be Set Free By Blockchain For those seeking a rationale for making an allocation to blockchain and cryptocurrency technology, the simplest argument may be this: it’s
(Video length 00:09:53) In tonight’s video, Corey Rosenbloom walks you through the Dow Jones daily chart, paying specific note to the trend, levels, and short-term ideas, and then highlights which stocks are key for the Dow (like AAPL, BA, GS,
Eventually, it comes for everyone. They say that the only sure things in life are death and taxes. While true, over the last eleven years we’ve come to depend on another “d”, dollar. Sure, the US economy can decouple, but
