The Nikkei recovered 0.6% but the currency probably found more conversation than stocks after it traded back to a 107 handle before climbing again in US trading hours. The encouraging news of talks between China and North Korea was met,
March 29, 2018
Why are bond yields falling again? There are, as always, a few reasons mostly related to perceived risks (with liquidity always right at the top, at least since August 2007). Those were more easily set aside, or at least more
Are we in for another Bitcoin bubble once the dust settles around regulatory concerns? Video Length: 00:09:43
As equity market volatility has picked up, the American Association of Individual Investors’ weekly poll of sentiment has deteriorated. Back in early January, bears were the second-lowest share of responses in the past decade. Since then, however, they’ve seen their share of
Advanced Drainage Systems Inc. (NYSE: WMS) trades at an EBITDA multiple of 14.4x, which is higher than the Industrials sector median of 11.3x. While this makes WMS appear like a stock to avoid or sell if you own it, you might
Asian economies have begun the year with continued solid – and in some cases robust –performance. Yet the major Asian stock markets have diverged, with some significantly outperforming and others underperforming. In this note we focus on Japan, China, and
Here it is the end of March, and Apple (AAPL) is already closing in on my 2018 target of $200. Indeed, with a market capitalization today of $930 billion, Apple is on the verge of becoming the world’s first $1
Currencies are looking for new directions as the quarter draws to a close and the new one begins. What’s next? Here are the views for major pairs: Here is their view, courtesy of eFXnews: EUR/USD: Neutral (since 05 Mar 18, 1.2335):
Note: The charts below have been updated with the latest Personal Consumption Expenditures price index from the Bureau of Economic Analysis. The annualized rate of change is calculated to two decimal places for more precision in the side-by-side comparison with the Consumer Price
iStock.com/Golden_Brown Ignoring History Will Lead to Another Financial Crisis Without understanding history, we cannot explain the present. This is certainly the case with economics. Since the 1950s, the tendency has been to advance this discipline as a science, removing the human element
