I see that pundits and even Fed FOMC members are believing the labor market “improvement” will allow the FOMC to raise the zero bound federal funds rate when the Fed meets on December 15 later this year. Improvement?? The October BLS
November 14, 2015
Although this past week took the S&P 500 Index return for the year into negative territory (down 3.2%) any positive stock returns have been led by only a handful of stocks. For the week, the S&P 500 Index declined 3.7%
Pundits and apologists are quick to chastise anyone who even speaks of class war, as if the words alone might spark what the pundits and apologists fear. The pundits and apologists dread the words because they know the Class War
Gold prices fell for a fourth consecutive week with the precious metal down nearly 0.3% to trade at 1081 ahead of the New York close on Friday. The decline comes alongside a sharp sell-off in equity markets with the major indices
Whatever China seems to be trying to do, it doesn’t look like it’s working. When the country released some data on the amount of new credit, the results surprised everybody. Not only did aggregate financing fall to just $75B, which was lower
About 45 Tonnes Of Gold Were Taken Out Of The Shanghai Exchange In The Latest Week Ending 6 November
Another record year in the making for China gold bullion taken off the exchange. Pet rocks.
The US dollar turned in a mixed performance in the week after the strong jobs data boosted expectations that the Fed’s liftoff would take place next month. The Fed funds futures imply a 20.5 bp effective rate in December.At the end
You can’t put a fork in this market just yet. However, it would be appropriate to conclude the Fed has made a hash in the clarity department. So without much clarity there can only be uncertainty and markets hate that
Coca Cola (NYSE:KO) has grown its dividend for 52 years, but is it worth the price for investors? Many investors love Coca Cola for its 3% plus dividend yield. However, a high PE multiple leaves too much to earnings driven stock return. While you’re
The plunge of commodities prices has caused some market participants and investors to take comfort in mean reversion. It is believed, by some, that once production is adjusted versus demand commodities prices should return to normal. Again, what is normal?
