The technology industry is full of ‘collaborations’. Established players that are slow to innovate and adapt to increasingly rapid change often invest in, or partner with smaller companies for a whole host of reasons. I …
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At 2pm this afternoon the Federal Reserve will release the Minutes from their July FOMC meeting. Mohamed El-Erian, Chief Economic Adviser to Allianz, had an insightful preview this morning for Bloomberg View (here). El-Erian concluded his list of what to …
Continue readingI know that most investors and pundits see all time highs in the largest equity market in the world as some sort of victory for capitalism. It’s been a victory, but not exactly for “free …
Continue readingOvernight, Bloomberg News highlighted waning momentum for Gold (Gold Losing Appeal for Investors Retreating From Rally Bet), citing data suggesting: Hedge funds and other speculators cut their wagers on a bullion rally for the fourth …
Continue readingA year ago yesterday, the People’s Bank of China (PBOC) devalued their currency in dramatic fashion in reaction to deteriorating export data. The unexpected policy move was a spark that lit the global risk asset bonfire …
Continue readingWall Street has a habit of grouping stocks into sectors. For example, almost every trading day we hear market participants refer to sector performance in areas like semiconductors, retail, energy, banks, etc. This keeps things …
Continue readingFor the better part of 2015, it was somewhat concerning that a handful of growth stocks masked a total lack of progress in the broad market. #FANG 2015 vs. YTD 2016$FB +34% vs. +20%$AMZN +118% …
Continue readingIn many ways the confusion of U.S. citizens relating to political allegiances in this presidential election cycle, and the difficult choice many will have to make, country over party, resembles the consternation many investors have faced in 2016 as …
Continue readingTwo weeks ago, Unilever, a company with its origins in Victorian England, and whose mission at that time was ‘to make cleanliness commonplace; to lessen work for women; to foster health and contribute to personal attractiveness, that …
Continue readingThis morning’s July non-farm payrolls report came in better than expected for the second consecutive month. That brings the average monthly gains to 186,000 for 2016. The unemployment rate stayed put at 4.9%. The July …
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