26 December 2024

Tag: economics

Powell: “Nothing about this expansion that is unstable”

Federal Reserve Chairman Jerome Powell said that the Fed is keeping a close eye on the possible fallout and impact of the coronavirus outbreak in China. Powell hasn’t made any claims yet as to what this means either in terms of possible liquidity injections or a rate cut. Let’s examine that.

13 February 2020
Markets and the Middle East: A look at Gold, Oil, and Student Debt

BREAKING: Boeing 737 Jet Crashes in Iran due to technical issues after takeoff. Source (ISNA) Oil Stuff & The Middle East At least two airbases housing US troops in Iraq have been hit by more than a dozen ballistic missiles. Iranian state TV says the attack is a direct retaliation to the US killing top…

8 January 2020
Friday Recap: Don’t Price in WW3, Fed Minutes, and Tesla “Deliveries”

Fed Minutes The Federal Reserve released its minutes for the December meeting, and here are the key takeaways: The overarching tone of Fed minutes is that members are on the same page regarding policy. However, futures market data seems to have already priced in optimism for one more rate cut by the end of the…

4 January 2020
Thursday Recap: Buy the Rumour, Sell the News

There we go. It’s here. President Donald Trump agreed to a phase-one trade deal with China, averting the Dec 15 introduction of new tariffs on $160 billion worth of Chinese goods.

13 December 2019
Wednesday Recap: Fed Gets the Devil’s Advocate

Stocks Fall, Stocks Rise US and China are moving closer to agreeing on the amount of tariffs that will be rolled back the phase-one deal, despite tensions over Hong Kong and Xinjiang. You can almost know for certain that you will never know for certain when it comes to Trump. Insider sources suggested that the…

5 December 2019
Monday Recap: The Tariff Man Returns

Return of the Tariff Man Thanksgiving is over, and tariff man strikes again! This time: the victim is France. The US proposed tariffs on some $2.4 billion in French products, a response to a tax on digital revenues in France that hits large American tech companies including Google, Apple, Amazon, and Facebook. “France’s digital services…

3 December 2019
Wednesday Recap: MedMen’s Woes and Trading The Trade War

Deal or No Deal? We’ve heard major news about the “phase one” deal being finalised and markets have traded up on looming optimism. But let’s not forget that Hong Kong is in the midst of a violent pro-democracy protest. Today, President Donald Trump signed legislation that expresses US support for protestors, a move that threatens…

28 November 2019
Monday Recap: Schwab + TD Ameritrade, Trade Talks, and Alibaba

Schwab buys TD Ameritrade It’s final: Schwab will buy TD Ameritrade for $26 billion to emerge as a giant with almost $5 trillion in assets. There’s no such thing as a free lunch, but at least there’s free trading. TD Ameritrade stockholders will get 1.0837 Schwab shares for each TD share, according to filings. This…

26 November 2019
Friday Recap: No Such Thing As Bad Publicity

Big Bets on Volatility Bridgewater Associates, the world’s largest hedge fund has made a bet worth more than $1 billion that markets across the globe will fall by March next year. The bet essentially comprises put option trades against the S&P 500, and the Euro Stoxx 50. One might think that is a major bet,…

23 November 2019
Thursday Recap: Price Wars Make A Good Acquisition Strategy

Nordstrom beats earnings Shares of Nordstrom surged by over 10% during extended trading Thursday after the company reported fiscal third-quarter earnings that beat analysts’ estimates. Here are the stats: Nordstorm may have beat earnings, but is still suffering the scourage that is upon the sector as a whole. However, the firm has leaned into changing…

22 November 2019