February 7, 2016
The second week of February features the Chinese New Year celebrations and this could be good news for the Aussie, as Chinese news has usually not tilted to the upside. A two-day testimony from Fed Chair Janet Yellen stands out.
Over the past ten months, in steps almost too small to be noticed by the mass media, Apple (AAPL) has shed over two hundred billion dollars in value. That’s nearly one quarter of a trillion dollars in wealth which would
Insider buying increased last week with insiders buying $87.63 million of stock compared to $27.94 million in the week prior. Selling also increased with insiders selling $825.55 million of stock last week compared to $267.17 million in the week prior. The market took a
For an economy with underutilized resources or too low a rate of inflation the traditional prescription for monetary policy is to lower the interest rate. Central banks around the world tried to do that in response to stubbornly weak economies, bringing the
The European Central Bank may now see that it has a problem on its hands. As soon as markets priced out the possibility of the Federal Reserve raising rates in 2016, EUR/USD immediately rallied. The underpinning of EUR/USD’s decline since May
Do you remember how much stocks went down when the first dot-com bubble burst? Well, it is happening again, and tech stocks are already down more than half a trillion dollars since the middle of 2015. On Friday, the tech-heavy Nasdaq dropped
A quick post before the Superbowl begins. Friday’s action was very disappointing if you were in the bullish camp; poor jobs data contributing to the malaise. However, investors can view this as another buying opportunity, with the Nasdaq clocking the
The weak equity returns experienced by the markets since the beginning of the year have resulted in a low level of bullish investor sentiment. The Dow Jones Industrial Average Index and the S&P 500 Index are down on a year
Almost one year ago, in March 2015, we explained how “The Fed’s Artificial Steepening Of The Yield Curve” has resulted in many unexpected consequences, the most important of which has been the erroneous interpretation of the yield curve as a
