Ternium, Orchid Island, and Mazda are STRONG BUY stocks. Welltower and Hikma Pharma are rated BUY. There were not five upgrades with full valuation and forecast coverage so Orchid, Mazda, and Hikma are included as a courtesy today. For today’s
January 15, 2018
Last week, amid “rumors” that China was considering “halting” purchases of U.S. Treasurys, Bloomberg’s Richard Jones and later BofAML suggested the timing seemed awfully convenient. “The conspiracy theorist in me thinks the timing of this announcement is not accidental, and that the
What does it mean for economic activity? Figure 1: Daily US Economic Policy Uncertainty Index (blue), and centered 7 day moving average (bold red). Source:policyuncertainty.com accessed 1/15/2018, and author’s calculations. Does economic policy uncertainty matter for real activity. In a new CEPII brief,
There have been some extraordinary technical developments for some of the FX market’s most prominent crosses, and sometimes these moves are coming in contradiction to fundamentals. For some, the answer to reconciling this disparity is to simply drop one form
We have stressed in recent weeks our viewpoint that interest rates (in the U.S., but also in Europe) could be doing something they have not done since 4 decades: rising in a secular bull market. We Welcome This New Market
Stocks in the airline space are flying high lately on the back of improved unit revenue projections provided by the key sector players like JetBlue Airways (JBLU – Free Report) , American Airlines Group (AAL – Free Report) and United Continental Holdings (UAL – Free Report)
That’s one of the things we learn from reading Robert Samuelson’s Washington Post column today, although Samuelson identifies Feldstein only by his professorship at Harvard, not his moonlighting work on AIG’s board. (In addition to requiring a massive government bailout during Feldstein’s
from Liberty Street Economics — this post authored by Michele Cavallo, Marco Del Negro, W. Scott Frame, Jamie Grasing, Benjamin A. Malin, and Carlo Rosa In the wake of the global financial crisis, the Federal Reserve dramatically increased the size
When an iconic business leader dies or suddenly steps down, investors are rattled and the stock price plummets. If history is any guide, one of the best things to do is buy stock. Get on and hold on, as you
Iran’s recent volatility reflects US effort to undermine the nuclear accord as Iran is amid economic transition and increasingly looking toward the East. At the end of December, a series of protests against economic policies erupted in Iran. As they
