Donald Trump in 2017, Different Than Ronald Reagan in 1981

Donald Trump in 2017, Different Than Ronald Reagan in 1981






Donald Trump in 2017, Different Than Ronald Reagan in 1981 $DIA, $GLD, $SLV Since the November 8th Presidential election, the NYSE has seen 17 trading sessions, with the DJIA closing at new all-time highs in 9 of them.  I cannot argue with success, but seeing the stock market do so well after an election does nothing […]






Big Investors Back Off Bonds Fueling This Bull Market

Big Investors Back Off Bonds Fueling This Bull Market






Big Investors Back Off Bonds Fueling This Bull Market $SPY US voters’ decision to elect Donald Trump US President may extend the life of this 7-year Bull Market in US stocks. That is the consensus of prominent investors attending this week’s Reuters Global Investment Outlook Summit. Expectations that Donald Trump will successfully engineer massive new […]






Yellen, “Fed could raise US interest rates relatively soon.”

Yellen, “Fed could raise US interest rates relatively soon.”






Yellen, “Fed could raise US interest rates relatively soon.” The Fed could raise US interest rates “relatively soon,” Fed Chairwoman Janet Yellen said Thursday as data showing a surge in housing starts and uptick in inflation underscored her upbeat assessment of where the country stands. In Ms. Yellen’s 1st remarks since the election of Donald […]






President-elect Donald Trump Powers US Stocks

President-elect Donald Trump Powers US Stocks






President-elect Donald Trump Powers US Stocks $DIA, $SPY, $QQQ, $VXX President-elect Donald Trump looks to be very good for the US stock market, crushing the theories of the naysayers. Asian stock markets tumbled shortly after Trump overtook Hillary Clinton in the presidential electoral vote count early Wednesday. Then signals pointed to a deep dive for […]






The Outlook for American Businesses is Grim

The Outlook for American Businesses is Grim






The Outlook for American Businesses is Grim $DIA, $SPY, $QQQ, $VXX The Big Q: Are investors in denial about grim outlook for American businesses? That’s the question Société Générale’s Andrew Lapthorne, global head of quantitative strategy, posed to his bank’s clients in a note Friday. “Asset valuations are extreme; returns are poor, the probability of […]






The Anemic Recovery from Great Recession Surprise Economists

The Anemic Recovery from Great Recession Surprise Economists






The Anemic Recovery from Great Recession Surprise Economists $DIA, $SPY, $QQQ, $VXX Friday, the Federal Reserve Chairwoman Janet Yellen said that the slow recovery from the Great Recession has surprised economists, confounding long-held beliefs about growth and inflation. Speaking to an economic conference at the Federal Reserve Bank of Boston,  Ms. Yellen did not address […]






Economic Watch Shows China’s Economy is Stable

Economic Watch Shows China’s Economy is Stable






Economic Watch Shows China’s Economy is Stable China’s rising M-M inflation and narrower decline in producer prices in August have provided fresh evidence of a steadying economy, experts said. China’s consumer price index (CPI), a main gauge of inflation, rose 0.1% in August on a M-M basis, the National Bureau of Statistics (NBS) announced last […]






QE to Infinity: Central Banking’s Manifest Destiny

QE to Infinity: Central Banking’s Manifest Destiny






QE to Infinity: Central Banking’s Manifest Destiny $GLD, $SLV, $GDX I’m not surprised; the week following my article illustrating why I believed the gold and silver miners are “historic buys at today’s prices”; gold, silver and their miners get whacked to their lows of the current, so far 8th week correction. But last week I also […]






Gold Outlook: Do Not See Fed Interest Rate Increase in 2016

Gold Outlook: Do Not See Fed Interest Rate Increase in 2016






Gold Outlook: Do Not See Fed Interest Rate Increase in 2016 $GLD A US Fed interest-rate increase this year should not shake investors’ faith in Gold, according to Australia’s 2nd-largest producer. Bullion is trading near the lowest level in more than 3 months. Prices fell on speculative worries that central banks are ready to curb […]






Stock Markets Have Turned Into a Vegas/Macau/Monte Carlo Casino

Stock Markets Have Turned Into a Vegas/Macau/Monte Carlo Casino






Stock Markets Have Turned Into a Vegas/Macau/Monte Carlo Casino Global central bankers have turned world financial markets into a casino, thanks to their unprecedented monetary policies, Bill Gross warned Tuesday. “Our financial markets have become a Vegas/Macau/Monte Carlo casino, wagering that an unlimited supply of credit generated by central banks can successfully reflate global economies […]






Fed Official Cautions Colleagues on Raising Interest Rates

Fed Official Cautions Colleagues on Raising Interest Rates






Fed Official Cautions Colleagues on Raising Interest Rates $DIA, $SPY, $QQQ, $VXX Federal Reserve Bank of New York President William Dudley suggested the central bank should be cautious in raising interest rates, given limits on its ability to respond to a recession with borrowing costs close to Zero meaning out of tools. Noting concerns from […]






Fed Welcomes Uptick in Inflation

Fed Welcomes Uptick in Inflation






Fed Welcomes Uptick in Inflation US consumer prices rose more than expected in August as healthcare costs recorded their biggest gain in 32.5 years, pointing to a steady build-up of inflation that could allow the US Fed to raise interest rates this year. The cost of living last month was also pushed up by continuing […]






Jeffrey Gundlach, “This is a Big, Big Moment”

Jeffrey Gundlach, “This is a Big, Big Moment”






Jeffrey Gundlach, “This is a Big, Big Moment” Last Thursday DoubleLine Capital’s CIO Jeffrey Gundlach, 56 anni, said it is time for fixed-income investors to prepare for rising interest rates and higher inflation by reducing their positions, moving money into cash and protecting against volatility. “This is a Big, Big Moment,” Mr. Gundlach said during […]






Weak NFPs Signals No Fed Rate Hike in September

Weak NFPs Signals No Fed Rate Hike in September






Weak NFPs Signals No Fed Rate Hike in September $DIA, $SPY, $QQQ, VXX August Employment Situation and July Trade Deficit: NFPs: 151,000; Private Sector: 126,000; Unemployment Rate; 4.9% Unch; Hourly wages: +0.1%/ Trade Deficit: $5.2-B narrower Commentary: Given how robust job gains were in June and July, the weak August increase halted the FOMC actions. If […]






Financial Markets Running on “Hope” for Continuing Stimulus

Financial Markets Running on “Hope” for Continuing Stimulus






Financial Markets Running on “Hope” for Continuing Stimulus $DIA, $SPY, $QQQ, $VXX In this world of easy money, where the markets hope the near-Zero interest rate policies to continue, there really should be hope for a growing not stagnant economy. This week;s economic reports have been dominated by a very strong consumer confidence report. The […]






US Fed “Mastering the Art of Market Manipulation”

US Fed “Mastering the Art of Market Manipulation”






US Fed “Mastering the Art of Market Manipulation” $DIA, $SPY, $QQQ, $VXX Ace bond investor Bill Gross ramped up his criticism of the US Fed Wednesday, characterizing its Chairwoman Janet Yellen and her predecessors and contemporaries at other central banks of mastering “the Art of Market Manipulation.” Mr. Gross writes: “All have mastered the Art […]






Yellen Will Not Fail To Deliver Support to Financial Markets

Yellen Will Not Fail To Deliver Support to Financial Markets






Yellen Will Not Fail To Deliver Support to Financial Markets $DIA, $SPY, $QQQ, $VXX Morgan Stanley (NYSE:MS) predicts the US Fed will forgo raising interest rates in September and in December, and Janet Yellen, and the other Fed policy makers said nothing in Jackson Hole, WY, to change the firm’s outlook. US Treasuries pared a […]






Top Fed Officials Pushing for Interest Rate Hikes

Top Fed Officials Pushing for Interest Rate Hikes






Top Fed Officials Pushing for Interest Rate Hikes $DIA, $SPY, $QQQ, $VXX As central bankers converge on Jackson Hole Thursday for an annual conference on monetary policy, a couple of top US Fed officials took the chance to renew a push for interest-rate hikes, citing improvement in employment and inflation. “The case is strengthening” for […]






Wanda Group in Talks for Minority Viacom Interest

Wanda Group in Talks for Minority Viacom Interest






Wanda Group in Talks for Minority Viacom Interest $VIA, $CBS, $$AMC Chinese real estate and entertainment conglomerate Dalian Wanda Group has held talks with Viacom Inc (NASDAQ:VIA) about acquiring a minority stake in its Paramount Pictures unit, according to 2 people familiar with the situation. Wanda’s interest adds new urgency to deliberations over Paramount’s future, […]






American Companies Sitting on a $1.45-T+ “Cash Pile”

American Companies Sitting on a $1.45-T+ “Cash Pile”






American Companies Sitting on a $1.45-T+ “Cash Pile” $AAPL, $AMZN, $GOOGL, $MSFT, $INTC Corporate cash is at record high marks as increased debt is offsetting net operating cash outflows. America’s largest corporations are sitting on a historically large amount of Green Money these days. Cash and short-term investments on the S&P 500 sector companies’ balance […]






Caution, Investors are Chasing Stocks, more Tactical than Fundamental

Caution, Investors are Chasing Stocks, more Tactical than Fundamental






Caution, Investors are Chasing Stocks, more Tactical than Fundamental $DIA, $SPY, $QQQ, $VXX Investors are no longer running from the stock market they are chasing it for reasons that are more tactical than fundamental: Caution. It is too early to tell where the UK’s new position in the overall context of the EU will be […]






Fed’s Economic Downgrade Helps Donald Trump, Hurts Hillary Clinton

Fed’s Economic Downgrade Helps Donald Trump, Hurts Hillary Clinton






Fed’s Economic Downgrade Helps Donald Trump, Hurts Hillary Clinton The FOMC did not (could not) raise interest rates, but it signaled a new turn for the US economy, South. Wednesday, the US Fed downgraded its economic outlook for the rest of this year, which will impact the Presidential election if the forecast is right. In […]






Janet Yellen’s Remarks Anything But “Dovish”

Janet Yellen’s Remarks Anything But “Dovish”






Janet Yellen’s Remarks Anything But “Dovish” Monday, US Federal Reserve Chairwoman Janet Yellen said  that interest rate hikes are likely on the way because “positive economic forces outweigh the negative” for the United States now that risks from earlier this year have diminished. In Monday’s public comment from any US central banker before a Key […]






Offshore Buyers Drive Canadian Home Prices Higher or Are They

Offshore Buyers Drive Canadian Home Prices Higher or Are They






Offshore Buyers Drive Canadian Home Prices Higher or Are They With house prices up by double digits in Canada’s Toronto and Vancouver areas, offshore buyers, mainly from China, have fueled public concerns over whether they are inching the Canadians’ home-ownership dream further out of reach. These concerns have been dismissed by local economists, who say […]






Abenomics Not Likely to Lift Japan Out of Sluggish Growth

Abenomics Not Likely to Lift Japan Out of Sluggish Growth






Abenomics Not Likely to Lift Japan Out of Sluggish Growth Statistics released Wednesday showed Japan recorded better-than-expected economic growth numbers in Q-1 of the year. However, economists said the real picture may not be as rosy as it looks to be based on preliminary statistics. The reform plans championed by Prime Minister Shinzo Abe, known […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The Hawkish tone of the FOMC Mins kept the USD running Thursday, as investors were caught on the wrong side of the market when the Central Bank opened doors for a June rate hike. The Buck strengthened sharply Vs most of its major peers, but corrected lower in the […]






UAE and Saudi Arabia Form Co-ordination Council

UAE and Saudi Arabia Form Co-ordination Council






UAE and Saudi Arabia Form Co-ordination Council The United Arab Emirates (UAE) and Saudi Arabia have agreed to set up a co-ordination council between the 2 countries in a bid to boost relations and increase bi-lateral collaboration. The signing ceremony for the launch of the council was held at the Peace Palace in Jeddah and […]






Thursday’s Technical Outlook for DJIA (.DJI)

Thursday’s Technical Outlook for DJIA (.DJI)






Thursday’s Technical Outlook for DJIA (.DJI) $DIA, $.DJI Wall Street closed mostly flat Wednesday, with the DJIA up down by 4 pts or 0.02% at 17,526.62. The NAS Comp added 0.50% to close at 4.739.12, and the S&P 500 added 0.2%, to 2,047.63. Stocks fell after the release of the latest FOMC Mins, showing higher […]






HeffX-LTN FX Report (Daily)






HeffX-LTN FX Report (Daily) $EURUSD, $GBPUSD, $USDJPY, $USDCHF, $AUDUSD, $NZDUSD The USD trimmed gains but remained supported Vs the other peer currencies Wednesday, as FX investors became more cautious ahead of the minutes of the Federal Reserve’s most recent policy meeting due later in the day. USDJPY climbed 0.49% to 109.68. FX market participants were […]






June Fed Interest Rate Hike In Sight

June Fed Interest Rate Hike In Sight






June Fed Interest Rate Hike In Sight $DIA, $SPY, $QQQ, $VXX The US Fed officials said it would appropriate to raise interest rates in June if economic data points to stronger Q-2 growth as well as firming inflation and employment, according to the FOMC mins from their policy meeting in April. That view suggests the […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Trading was erratic around the single currency Tuesday confined to a 50 pips’ range. The Buck closed lower across the board, as an uptick in US inflation was not enough to dispel doubts over the next Fed’s rate hike. US headline inflation rose from 0.9% Y-Y to 1.1% Y-Y […]






Bear Market “Radar” on High Alert

Bear Market “Radar” on High Alert






Bear Market “Radar” on High Alert $DIA, $SPY, $QQQ, $VXX The US Securities and Exchange Commission is set on putting a stop to the accounting methods that artificially inflate company profits. According to an industry notice he SEC is getting ready to step up its scrutiny of companies’ “homegrown earnings measures,” signaling it plans to […]






Investors Losing Billions on Central Bank Monetary Policy

Investors Losing Billions on Central Bank Monetary Policy






Investors Losing Billions on Central Bank Monetary Policy $DIA, $SPY, $QQQ, $VXX Investors are losing billions a year from central banks that have set interest rates below Zero in an effort to stimulate economic growth by punishing saving and encouraging lending. Negative-yielding government bonds cost investors about $24-B a year, according to calculations from Fitch […]






EUR/USD Technical Outlook (Daily)






EUR/USD Technical Outlook (Daily) Euro $EURUSD The USD Bearish trend extended to fresh lows at the beginning of May, down against all of its peers. The EURUSD advanced up to 1.1534, a mark last seen in August 2015 when Chinese Black Monday sent the USD sharply hundred of pips lower across the board. In the […]






Perhaps “Mattress Money” will become the New Normal

Perhaps “Mattress Money” will become the New Normal






Perhaps “Mattress Money” will become the New Normal $DIA, $SPY, $QQQ, $VXX Billionaire investor Warren Buffett, 85 anni, said he would consider taking money out of banks, especially if negative interest rates result in customers being charged to park their money in accounts. “There could be a point where you’d really want to start withdrawing […]






Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EURUSD The US Fed (FOMC), the Bank of Japan (BOJ) decided to stay the course, with Mr. Kuroda saying they need more time to assess the effects of negative rates. The EURUSD pair, despite reaching a WTD high at 1.1367, was unable to benefit, as data coming from […]






FOMC Keeps Threat of Interest Rate Hike “In the Mix”

FOMC Keeps Threat of Interest Rate Hike “In the Mix”






FOMC Keeps Threat of Interest Rate Hike “In the Mix” $DIA, $SPY, $QQQ, $VXX Wednesday afternoon, the US Fed kept interest rates unchanged, and indicated their confidence in the anemic US economy, thus keeping the door open to a hike in June. The FOMC said the labor market had improved despite a recent economic slowdown […]






Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EUR/USD Major currencies’ pairs are mostly stable in Asia ahead of the upcoming Central Bank’s (Fed, BOJ) events. The London opening brought some USD selling interest, with Buck weakening Vs most of its major peers, and accelerating its decline after the release of March US Durable Goods orders, […]






Technical Analysis for EURUSD (Daily)

Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EURUSD The majors currency pairs saw a lackluster Monday with little definitions, but the USD edged lower and the GBP outperformed due to diminishing fears over a Brexit. A light macro-economic calendar and some soft date in the US housing sector during the American afternoon led the Buck’s […]






Donald Trump Would Sack Fed Chairwoman Janet Yellen

Donald Trump Would Sack Fed Chairwoman Janet Yellen






Donald Trump Would Sack Fed Chairwoman Janet Yellen $DIA, $SPY, $QQQ, $VXX Donald Trump likes low interest rates, but as President he would look to replace Federal Reserve Chairwomwn Janet Yellen. “I think she’s done a serviceable job,” Mr. Trump told Fortune Magazine in an interview that will be published this week. “I don’t want […]