Markets acting like the Energizer Bunny – Keeps going an going and going… Seems that world events, economic headwinds and even coup attempts are not enough to dissuade investors from throwing their money into stocks. Earnings season is well underway with hundreds of companies reporting over the next couple of weeks. John nails it with […]
Brexit turned out to be nothing. In fact markets making new highs as the promise of stimulus and liquidity quiet market fears. Meanwhile, several U.K. based real estate funds are denying withdrawals as investors are pulling out too much money. Bonds rallying hard along with equities as the flight to safety pushes sovereign debt “more” […]
The Brexit vote sent shock wave throughout financial markets. What really happened and what is the outlook for Europe and the rest of the world? Is there a chance for a re-vote and an undo of the referendum? Markets jolted, financial leaders say be calm, but is this a short-term sell off or is something […]
Countdown to the Brexit vote – two days from now we will know the result. Some are predicting that if the U.K. were to vote to leave that the pound could drop and a global recession would ensue. Janet Yellen testifies to Congress over the next two days, shedding light on some of the Fed’s […]
China markets were once again denied the coveted inclusion by MSCI in a further setback to the markets. Brexit worries are preventing new market highs as trades are unwound ahead of the June 23rd vote and hopes are alive that the Fed will say something, anything that will reignite a flame for bulls to keep […]
The weakest jobs report in years does not dissuade investors from piling into equities. While there is plenty of headwinds for markets, there is seemingly no thought to any downside potential. Oil is helping to keep a floor under prices as production has dropped and rumors continue to floated from OPEC. Fed speakers are talking […]
The Fed Chair, Janet Yellen seemed to have given the go-ahead for a rate hike as early as the June meeting. Maybe yes, maybe no. But most probably a trial balloon that will float and then bust by the time the meeting rolls around. It is a shortened trading week for U.S. markets are equity […]
Greek debt write-downs will wait until at least 2018 says Germany. Retail sales in the U.S. are still feeling the pain as the latest report from Best Buy (BBY) shows a rather miserable outlook ahead. Volumes are slowing into the summer and M&A rumors as well as upgrades by Sell-side should be in full swing. […]
OIL on the move, inflation ticking up and GDP is flat. Stocks are still range-bound with erratic day-to-day moves. There is some talk that Japan’s Abe is going to move back the sales tax increase and plenty of central bank gibberish about rate hikes and live meetings. Coming up this week we are looking forward […]
Wildfires in Canada disrupting oil production is helping to move oil prices – is this finally the bottom for crude or just a false move that will resolve lower? China has mixed economic data, but markets like that inflation saw stabilization. A slew of earnings from the big-box retailers are on the way… What will […]
