The U.S. Federal Reserve hired another former executive from Goldman Sachs Group Inc.(NYSE: GS) – Neel Kashkari – on Nov. 10. Kashkari will be the new president of the Minneapolis branch in 2016. He is the latest in a seemingly endless batch of former GS
December 2, 2015
ECB interest rate decision The interest-rate decision coming other European Central Bank will of course garner all the headlines during the session on Thursday, but ultimately the real action will be decided by whether or not they choose to stimulate
Dominant Trend is Precision Medicine and Molecular Medicine Lackluster revenue growth has tempered stock gains since Q3 earnings reports however the sector has always had good investment potential due to M&A and new products. Stocks are up from October lows. Our
The branded food manufacturing industry is experiencing meaningful change as consumers’ health consciousness and eating habits evolve, impacting all of the major players including General Mills (GIS). Several of GIS’s major product categories, such as cereal, have seen growth decline
It’s easy to see why investors would be attracted to a stock with a 13.7% annual yield that trades 20% below book value. This week’s Safety Net stock trades at $7.58, well below its third quarter book value of $9.59.
The world’s most dangerous central banker is scheduled to unleash more financial mayhem tomorrow. But there is only one possible result from Mario Draghi’s plan to drive the ECB deposit rate deeper into ZIRP-land from an already absurd level of -0.2%. Namely, it will cause a whoosh of
Gold was slammed lower with the London PM fix and the opening of trading in New York this morning, down to test the 1050 level on the spot price. Silver managed to hold on to the 14 handle. Tomorrow Mario
It seems that the financial punditry, as well as many of their interviewees, are perplexed that the yield curve is flattening. At Bond Squad, we are not the slightest bit surprised. In the Bond Squad “2015 Outlook,” published 12/23/14, I
An uneducated fellow was laid up in bed with a broken leg. The vicar’s wife, visiting him, asked what he did to pass the time, since he was unable to read and couldn’t leave the bed. His answer was “sometimes
Some of the money managers who made names (and billions of dollars) for themselves in the past decade are suddenly failing: Hedge Funds Brace for Redemptions (Bloomberg) – When BlueCrest Capital Management told investors Tuesday it would no longer oversee
