Global financial markets ended the week on a mixed note. In the US, the Dow industrials ended the week down 0.4%, while the S&P 500 declined 0.1%. It was their biggest two-week declines since mi...
The economic calendar includes few reports, crammed into two days of a holiday-shortened week. Many will be taking time off – including some of the “A List” pundits. I expect to see some new fac...
A Trumpet, in the hands of an accomplished musician, can be played to sound like the penetrating cry of an elephant. How ironic that the elephant in the photo is a wooden shell of a prehistoric woolly...
The good news is: Beginning last Thursday new lows all but disappeared and the secondaries outperformed the blue chips. The Negatives The negatives disappeared at the end of last week. The Positives T...
“No matter how you “slice-and-dice the data,” hedge funds are struggling to meet their promise to clients to consistently produce high returns with low correlation to markets. It’s kind of: ...
Stocks end a volatile week right where it began the week. In this crucial weekend update learn we look at what to expect next week and what risks are lurking....
Let’s assume we are in fact late-cycle. Some folks will tell you that’s not the case and they’ll roll out all kinds of cherry picked metrics to support their contention that “mid-cycle” is a...
Cryptocurrency NEO, which is also known as the Chinese variant of Ethereum, rose a spectacular 50% today. Although not visible on this chart it touched $45 USD per coin a couple of hours ago. Note tha...
The Philippines witnessed impressive economic growth in the third quarter of 2017. Per the National Statistics Agency, GDP grew 6.9% year over year in the third quarter compared with 6.7% in the prior...
Fundamental Forecast for CNH: Neutral The PBOC will continue the current monetary policy, which has neutral impact to the Yuan. The regulator watches capital flows and told it would counter against c...