The U.S. gold market suffered a net deficit this year compared to a small surplus in 2016. This was quite interesting because U.S. physical gold demand will be down considerably this year. In 2016, total U.S. gold demand was 212
January 6, 2018
What to make of Friday’s job’s report? Probably not much. Yes, the headline was a disappointment, but that 148K isn’t going to have any material impact on the dot plot, and don’t forget, AHE was in line. That’s probably why the dollar
Fundamental Forecast for CNH: Bullish Chinese regulators’ recent policy moves may support Yuan rates. China-France President summit could bring mixed impact to the Yuan. The risk of price bubbles could elevate and further constrain monetary easing. The offshore Chinese Yuan (CNH)
Materials equities look ready to gain as inflation pressures build. The Candidate Pool 2017 Status P/E PEG (5 yr) PPB PPS Ecolab (ECL) Base 29.38 2.33 5.37 2.87 DowDupont (DWDP) Base 24.99 2.83 1.62 2.12 FMC Corp (FMC) Breakout
While the establishment would like the world to believe that only criminal masterminds and people with something to hide would prefer the decentralized freedom of Bitcoin (as opposed to the ‘under government watch’ banking system that floats Washington’s boat), the truth is
Conventional wisdom tells us that the tax cuts will not only add to the economy’s growth trajectory but also be a boon for corporate earnings. Conventional wisdom would be correct in this respect, but we will have to jump through
With the ultimate confirmation of the new secular bull market in emerging markets we are proud because we saw this coming more than a year ago. It is not too late though as the emerging markets new bull market which got
Last week, I wrote about how economic data overrode the apparent desire of the Bank of Canada (BoC) to apply brakes to the strength of the Canadian dollar (FXC). Friday’s jobs report all but sealed the deal on the bullish case for the Canadian
The stock market continued on its torrid pace in 2018 as it was up again on Thursday. The S&P 500 was up 0.4%. This is the third straight day with a record. The last time the S&P 500 started off the
