October 6, 2018
One of the worst things for an over-heated and extremely leveraged economy is rising interest rates. So, with the recent 2-2.25% interest rate, big trouble is on the horizon. Also, with higher interest rates, the U.S. Treasury will have to
Commercial traders are net long gold by the most in 17 years as hedge funds go increasingly short. Commercial traders are net long gold. What’s going on? Some of the commercial traders are market makes who take the
The Australian dollar had a tough week, surrendering to the strength of the US dollar and falling to fresh 21-month lows. What’s next? A mix of events awaits Aussie traders. Here are the highlights of the week and an updated technical analysis for
The month of October will be highlighted by a deluge of earnings, rising rate worries and the onset of the holiday season. As per the Earnings Trends issued on Oct 3, 2018, earnings growth of the S&P 500 in Q3 is expected
According to mainstream thinking, economic slumps are caused by various shocks. This means that these slumps are caused by unexpected events, which by implication are not known beforehand. Obviously if reasons behind various shocks cannot be established beforehand it makes
Finance sector earnings were up +21.5% in the June quarter and the expectation is that growth in the Q3 earnings season, which JPMorgan (JPM), Wells Fargo (WFC) and Citigroup (C) kick-off with their results on Friday, October 12, will likely
