Sectors as a whole remain bullish, despite recent market pullback. The two sectors that I like the least are the financials and the materials. Both of them look problematic, and the financials are showing more weakness today, despite already being
September 12, 2018
The IMF’s Managing Director, Christine Lagarde stated that “some emerging economies find themselves in precarious situations”, citing current account imbalances and a rising US dollar as the principal causes[1]. The trade imbalances are growing in significance, ranging from just under
The Daily Treasury Statement data for the end of month August showed some improvement in total tax collections, including a slight uptick in withholding taxes and an even bigger increase in excise taxes. The numbers suggest that an early summer
The USD/JPY is trading firmly in a consolidative range over the past few weeks. After having traded briefly below the key Y110 threshold in late August, the latest rally has been choppy and has stalled below Y112 numerous times now.
Another day and another loss for some core Asian markets as concerns continue to spread. Both Shanghai and the Hang Seng opened weaker but did manage to recover from the morning lows with even the occasional positive print. Both indices
Energy infrastructure is behind the world’s biggest CO2 reductions. Video Length: 00:02:44
“The narcissist divides society into two groups: the rich, great, and famous on the one hand and the common herd on the other. Narcissistic patients, according to Kernburg, ‘are afraid of not belonging to the company of the great, rich,
You may have noticed the platinum price has fallen well below gold’s price and it continues to underperform the other precious metals. What is happening in the platinum market? We see a handful of factors driving the recent declines in
Data Courtesy of Trade Alert
Talk about a tight range: the August 10Y auction priced at 2.960%. Fast forward one month when moments ago the US Treasury sold $23 billion as part of this week’s bond sale deluge (there will be a combined $73BN of 3-, 10-
