How does one explain the current political divide? In part, this is done by looking at winners and losers in the process of globalization, a recent Barclays report noted. “The middle class in advanced economies whose income stagnated.” In fact, those
July 9, 2017
Bank stocks have experienced a fairly dramatic turnaround since the beginning of last month, with a number of major bank stocks trading at or near their highs for the year. The Zacks Major Banks industry, which includes all the money-center
Not feeling terribly inspired on this quiet Sunday, so I’ll just share with you a couple of positions I’ve got focused on bond funds. The first of these is the high-yield bond fund symbol HYG, which broken beneath this massive
2Q17 earnings season kicks off next Friday with four banks – Citi, JPM, Wells And PNC – reporting results, accounting for roughly 5% of the S&P 500 by market cap. 89% of the S&P 500 is expected to report earnings
Fundamental Forecast for the Euro: Bullish EUR/USD Resilience to Recur as ECB Mulls Easing Bias. EUR/USD Technical Analysis: Two-Year Trend Resistance Under Fire. IG Client Sentiment is at -3.35-to-1, as of this writing. Given retail sentiment’s contrarian nature, this is bullish
The Nasdaq has been hitting some tough days. These days enable setups to show up. One of these setups is Essent Group (ESNT), a mortgage lender, which is surprising. Look for a breakout of the highs and look to risk
By Andrea Rangel The oil price war between OPEC and the U.S. drove out oil producers who could not keep up with low prices. However, it also led to the development and implementation of more efficient technologies for those who remained,
The shift from natural gas importer to exporter has occurred in the U.S. over a remarkably short period of time. We’ve periodically written about this (see U.S. Natural Gas Exports Taking Off and The Global Trade in Natural Gas). Only a few years
Some potentially displeasing “Sunday Start” thoughts to market bulls, from Chetan Ahya, Morgan Stanley’s global co-head of economics, who warns that in light of the recent “hawkish tilt” by central banks, the message is clear: “…central banks are more watchful
The Dow Jones hasn’t seen a new all-time high since June 19. But as the Dow Jones’ BEV chart below shows, it closed the week in scoring position, only 0.53% away from a new all-time high. If the bulls are
