Investors in U.S. equities have been buying stocks based on an assumption that the incoming administration will be “pro-business” (lower corporate taxes and less regulation). For the most part, investors are correct to assume that, …
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On November 11th we laid out the case that from a technical perspective XLE, the energy stock etf, had the potential to hold its uptrend and make new highs for 2016. We expressed that view …
Continue readingEvent: Procter & Gamble (PG) report fiscal Q4 results tomorrow before the opening bell. The options market is implying about a 2.5% one day post earnings move vs its 4 quarter one day average move …
Continue readingSince the start of 2014, shares of Proctor & Gamble (PG) are essentially unchanged, up $2, or about 2.5%, vs the S&P 500 (SPX) up about 13% during the same period. The dividend yield on the …
Continue readingOn Monday’s Fast Money on CNBC we had on Société Générale’s Global Head of Economics, Michala Marcussen, who laid out what she feels are the key risks to the current fragile state of the global economy, and …
Continue readingOver the past month, leading up to this morning’s ECB meeting and the FOMC’s December 16th meeting we have taken a look at the U.S. dollar on a couple of occasions. First vs the Euro (here on …
Continue readingThe downward volatility we’ve seen in the last year or so in emerging market equity and debt, precious metals, industrial commodities and finally us equities and bond yields has typically been blamed on weak demand …
Continue readingWe don’t write a lot about Brazil’s economy or their stock market because frankly we don’t know that much about either. What has stuck out to us in 2015 is that China has caught most …
Continue readingI’m in a forward timezone to New York. But when I sat down this morning to offer up a few thoughts on the global equity rout (while you were hopefully still sleeping despite knowing what futures were …
Continue readingThis morning is one of those days where everyone with a Twitter or Facebook login gets to offer an opinion on Greece. The financial news sharing economy is full tilt and it’s dizzying. I would guess that …
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