At this point, you know the drill. China has been in the midst of epic fiscal and monetary policy for years in an attempt to spur investment, create a wealth effect and attempt to halt their …
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U.S. Q2 GDP was below forecast at 2.3%, and the first half average of 1.5% is below last year’s 1.9% first half gain which was essentially inline with the annual average increase of 2% since the start …
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What a difference a year makes. It was about a year ago that I last wrote about Joy Global, the manufacturer of mining equipment. (read here). At that time I was detailing some bullish call …
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Three years ago today, when Europe was in the throes of a sovereign debt crisis, ECB head Mario Draghi pledged that he and his colleagues would do “whatever it takes to save the euro”. They …
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In case you missed (sarcasm font needed), there is some funky stuff going on in China as it relates to their stock markets. Government regulators in an attempt to stabilize the sell off have halted …
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Yesterday’s strong rally in the SPX was one of those head-scratchers. Although there was obvious technical support in the S&P500 (SPX) at 2045 and an up day was probably overdue, the strength of the bounce …
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Its been a fun parlor game since the start of the Fed’s unprecedented policy of QE and ZIRP to predict what will happen to risk assets here in the U.S. once the central bank moves …
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The price action in risk assets in Europe and the U.S. yesterday was a fairly typical “risk off” day, the kind we had sort of forgotten. Strong dollar, strong treasuries, weak oil, down day in …
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If Q1 GDP is revised lower from its reported 0.2 gain (well below the prior quarter’s 2.2% gain) it will mark the third negative Q1 print since 2011. Cold rain and snow apparently wreaked havoc on …
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The S&P 500 (SPX) up 2.7% 2015. It has traded within a tight 6.5% range year to date and has traded within a even tighter range (between 2060 and 2120) since mid February: What’s interesting …
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