The oil price crash impacts the railroad sector. Transporting freight gets cheaper, but demand for railcars to bring oil out of the Bakken fields and other places where pipelines were never laid is now dropping off. Refer to US DOT MARAD’s
January 29, 2016
Like Hewlett-Packard did last year, Xerox Corp (XRX – Analyst Report) announced on Friday that it will split into two companies in an effort to try and turn its business around. Here’s what you need to know. Two separate companies One of
Let’s start with Japan where the BoJ took the markets by surprise by pushing the benchmark rate into negative territory (taking a lesson from the ECB). In a stunning move of “competitive devaluation”, the BoJ “retaliated” against China’s recent currency
To review our stance, which is years along now, the gold sector is not going anywhere until it becomes widely accepted that developed stock markets, including and especially those in the US, are in bear cycles. We have also drawn
The ‘registered’ for delivery silver bullion at the Comex licensed facilities dropped by 7,792,110 troy ounces yesterday. This takes the total from 36,322,409 to 28,530,299. This is a one day decline of 21.5%. This also brings the total deliverable silver
The last 10 years have exposed a very important reality for any global asset allocator – US Treasury Bonds are the ultimate safe haven investment. For decades we have heard stories about how gold, silver, real assets or other types
With each passing rally hope has bloomed that the bear market in precious metals may be over. The long and deep “forever bear” has to end but it hasn’t yet. Under the surface, the bear market is getting weaker and
At what point do we accede back to logic and rational thought? The Bank of Japan is “forced”, not my word, to unleash negative nominal interest rates and that is taken as a positive for everyone everywhere. Such a move
The Federal Reserve’s announcement of its decision to leave monetary policy unchanged said nothing about stock market and commodity market volatility. And that speaks volumes. The closest the Fed came to talking about markets was measures of inflation expectations that are embedded in the
The BEA “Advance GDP” estimate for 4th quarter came in today at +0.7% vs. an Econoday Consensus Estimate of 0.9%. Consumer spending is the central driver of the economy but is slowing, at least it was during the fourth quarter when
