A number of articles have appeared recently, proclaiming that the present economic expansion is “too old” to survive, and will soon die. However, the data since WWII shows that expansions don’t die of old age, they’re murdered. So, if economic expansions die of unnatural causes, who are the prime murder suspects?
Since the beginning of July, the U.S. stock market has been abnormally calm. Especially given the various troubling signs in the global economy, as well as the seemingly constant twists and turns of the presidential election, a lack of volatility of Wall St comes as a fairly surprising development.
In a move that has certainly grabbed the headlines, General Electric (GE) has agreed to combine its energy division with the oilfield services firm Baker Hughes (BHI). The merger creates the second-largest oil and gas company in the world.
Morgan Stanley is the newest addition to the LBMA Silver Price, previously known simply as the London silver fix.
Besides this past year’s megadeal between beer companies SABMiller (SAB) and AB InBev (BUD), activity in mergers and acquisitions (M&A) have been slow of late. Yet today the financial news media is abuzz with the announced merger deal agreed to by global giants AT&T (T) and Time Warner (TWX), reportedly one of the most valuable […]
In the time since the U.S. “recovery” from the financial crisis began, it’s been difficult to be a bear on Wall St. In defiance of a bevy of indicators that the equities market was primed to lose its footing, stocks have basically been on a perpetual climb for eight years. The long-awaited correction appeared to […]
Encouraging manufacturing data in the U.S. released last week are currently weighing on the gold price while helping lift the dollar. It’s an open question, however, if this trend continues through the end of the year.
Each week, the commitment of traders (COT) report gives a snapshot of activity in the futures markets. When it comes to gold, the COT unsurprisingly showed a huge drop in the speculative long positions on gold as prices fell more than $60 per ounce on the week. Although this may seem like a devastating blow […]
There are once again more warning signs that the economy could dip back into a recession soon. For years during the “recovery,” growth has been steady but very slow, creating greater downward risks if any one piece of puzzle falters.
Federal Reserve regional presidents are hitting the talk circuit, pushing an idea that was unthinkable until now: raising benchmark interest rates only days before November’s Presidential election. Who are these ultra-hawks, and how much support do they have within the Fed?
Between the advent of lightning-fast trading algorithms and the increasing use of cryptocurrencies and blockchain technologies like Bitcoin, what the future will look like for the financial markets is in serious doubt.
Volatility is creeping its way back into global trade. The swings up and down were very subdued these past few months, reaching their lowest levels in about two years. While this is typically the cause during the slow summer months, when many traders are away on vacation, the return of volatility should certainly factor into […]
For those analysts who have a sense of perspective about cycles in the markets, we appear to be living in very strange economic times, indeed. There will always be pundits on each side of the argument, the pessimistic bears and the optimistic bulls. (It’s worth stating that if someone’s hedge fund is long or short, […]
The next few months could be a bumpy ride for gold prices, according to analysts at Citigroup.
Last week, the U.S. Department of Justice (DOJ) announced that it was fining the giant German bank Deutsche Bank (DB) a staggering $14 billion for fraudulent practices relating to the financial crisis in 2008. In response, Deutsche Bank released a statement saying it “has no intent to settle these potential civil claims anywhere near the […]
We’re nearing the end of another election year. If you haven’t already been exhausted by the wall-to-wall news coverage and attack ads on television, you only have about six more weeks to reach an appropriate level of disgust. More importantly, the clock is running out on getting ahead of the curve to election-proof your portfolio. […]
There is a well-known strategy used by Wall St traders that is also relevant for the gold market: “buying the dips.”
One of the more troubling trends in the markets has been the sky-high valuations for companies on Wall St despite a number of reasons to be cautious. Corporate earnings and the broader economy have both been characterized by weakness thus far this year.
By now, you’re probably a bit fatigued by the nonstop coverage of this year’s presidential election. While the campaigns have devolved into a constant sideshow on the cable news networks, the financial markets have been subdued during the slow trading of the “summer doldrums.” Volatility has been particularly low. However, markets may starting to pay […]
If you follow the financial news, you know that everyone is talking about rate hikes (or the possibility thereof) right now. It would seem to the casual observer that everything is tied to whether or not the Federal Reserve decides to raise interest rates.