All eight indexes on our world watch list have posted gains for 2017 through October 16. The top performer thus far is Hong Kong’s Hang Seng with a gain of 30.42%, followed by India’s BSE SENSEX at 22.56%. In third
October 16, 2017
from the St Louis Fed — this post authored by Ana Maria Santacreu and Heting Zhu China has been a net lender to the rest of the world since 1994. However, its current account surplus started to decline 10 years ago. Why
As U.S. equity markets casually melt up to all new highs with each passing day, Morgan Stanley Equity Strategist Michael Wilson, whose 2,550 year-end price target from back in August was just breached in a matter of months, says he’s
A finite planet cannot sustain infinite economic growth. Modern society is addicted to and engineered for perpetual economic growth. Now, a fourth-grader can tell you that nothing can grow forever, especially if you have finite resources. But that simple realization
Chinese producer prices accelerated in September 2017, while consumer price increases slowed. The National Bureau of Statistics reported this weekend that China’s PPI was up 6.9% year-over-year, a quicker pace than the 6.3% estimated for August and a 5.5% rate
The effect of prime minister Narendra Modi has been intense in the economy and the stock world, leading to heavy gains for the major bourses since last Diwali. The BSE Sensex has gained more than 15% while the National Stock
It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are down six cents each from last week. According to GasBuddy.com, Hawaii has the highest average price for
Video length: 00:09:01 Funds continued to shuffle capital around the market leaving the indices mostly unchanged. In tonight’s video we look at the record low volatility and the bets traders are placing on it. Also, we look at one area
Terraform Power (TERP) shares plummeted to $11.50 today after Brookfield Asset Management (BAM) announced that the “stock” merger election option was oversubscribed. This was not at all unexpected (I predicted as much last week), nor does the stock decline indicate any uncertainty about
The failure of the 15-year interval high (counted from the 9/21/01 low) to appear on time does not mean the bulls are out of the woods yet. A 12-year interval is sufficient to pull the Dow down into its forecast
