How Oil Exporters Reach Financial Collapse
Recently, I explained how high oil prices can bring on financial collapse for oil importers. In this post, I’ll discuss the flip side of the situation: how oil exporters reach financial...
View ArticleWeekly Eurozone Watch
Key Data PointsGerman 10-year Bund 8 bps lower; France 20 bps tighter to the Bund; Belgium 18 bps tighter; Ireland 10 bps tighter; Italy 30 bps tighter; Spain 23 bps tighter; Portugal 7 bps wider;...
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Geeks Love The Bitcoin Phenomenon Like They Loved The Internet In 1995
Bitcoins are a bit like the Internet. Or, rather, the Internet as it was in the mid ‘90s: something strange, coming out of geekdom into mainstream perception, greeted by puzzlement over how it works,...
View ArticleDaily Interest Rate Monitor – April 5
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View ArticleDaily ETF Roundup: Stocks Drop On Disappointing Labor Data
U.S. equities slid today after a highly-anticipated labor report came in below expectations. Though buyers stepped in to snatch up downtrodden shares later in the session, the S&P 500 and Nasdaq...
View ArticleU.S. Equity Sector ETF Weekly Performance – April 5
Starting to see some technical breakdowns in selected sectors ETF this week.Breaking 20-day moving averageXLY XLE XLF XLI XLB XLKBreaking 50-day moving averageXLE XLI XLB XLK(click here if charts are...
View ArticleA Stock Market Topping Pattern Is Underway
The market appears to be running into some technical problems at the same time that the fundamentals are showing sign of deterioration. Recent U.S. economic releases have tended to be disappointing,...
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Don't Take The Bad Jobs Report Too Seriously
Last month I posted a commentary on Some Stunning Demographic Trends in Employment. In a footnote I commented on the unreliability of the Bureau of Labor Statistics' employment data for Nonfarm Payroll...
View ArticleCurrency Positioning and Technical Outlook: Dollar Heavy, Losses Looming
We have been looking for a downside correction to the US dollar and last week recognized that the anticipation of central bank meetings and US employment data were clouding the technical outlook. The...
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Peter Schiff: Why You Should Think Twice About Buying Farming Land
As mentioned yesterday about our recent Offshore Tactics Workshop it was easily the most exhausting yet exhilarating thing I’ve done.I’ve now retreated from the bustle of the big city to my Sovereign...
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EU Official: Cyprus Was A Special Case, But...
HELSINKI (Reuters) - Big bank depositors could take a hit under planned European Union law if a bank fails, the EU's economic affairs chief Olli Rehn said on Saturday, but noted that Cyprus's bailout...
View ArticleETF Bracket Madness: Fanatic Four
Our Esteemed Eight has come and gone, and we are down to our last four teams. All of the matchups this week were relatively close with no margin of victory greater than one point. With some big names...
View ArticleETF Insider: Sellers Swarm, Bulls Unfazed
Selling pressures finally struck this past week on Wall Street, but much to the bears’ frustration the pullback was short-lived and welcomed by eager bargain buyers on Friday. The bears crept onto the...
View ArticleMost Energy Efficient Baseball Stadiums
My brilliant webmaster found this interesting article on the most energy efficient baseball stadiums. They are: 1. Marlins Park, Miami Marlins 2. Target Field, Minnesota Twins 3. Nationals Park,...
View ArticleWeekend Lecture: Nick D’Aloisio on Charlie Rose
Fascinating interview with Nick D’Aloisio, the 17-year old who just sold his mobile app, Summly, to Yahoo for an estimated $30 million. He’s nails a market in the age of information overload and...
View ArticleEmerging Markets Update: What has Changed
Here is my colleague, Ilan Solot's update on changes in emerging markets. This is what has changed in the EM space, in our view: 1) We are becoming less bearish on Hungary 2) The Turkish central bank...
View ArticleOverbought and Oversold Markets – April 5
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price moves. The RSI moves between zero and 100 and is considered overbought with a reading above 70 and...
View ArticleMasters Week, Baby!
Haven’t picked up a club since October and may never again due to a complicated injury/illness. Nevertheless, still get goosebumps during Masters Week. What previously occupied the land that was...
View ArticleGreat Graphic: Italy's PMI and GDP
This Great Graphic is from the Markit Economics, which compiles purchasing manager surveys. It shows how well the Italy's GDP tracks the composite PMI. Although the PMIs have stabilized, still low...
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Rising Middle Class Fuels Hotel Boom In China
If there's one U.S. industry that's found a home in China, it's the lodging business.Building ramped up leading to the 2008 Beijing Olympics and 2010 Shanghai World Expo, one-time incentives for growth...
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