What Everybody Is Getting Wrong About Japan's Great Monetary Policy Experiment
Lars Christensen nails it on the confusion surrounding Abenomics:There has been a lot of focus on the fact that USD/JPY has now broken above 100 and that the slide in the yen is going to have a...
View ArticleETFdb Weekly Watchlist: XRT, EWG, XHB Hinge On Retail, Sentiment And Housing...
It was a relatively quiet week on Wall Street last week, as no major economic data was released. Overseas, however, equities pushed ahead, helping bolster U.S. stock markets; on Tuesday, the Dow Jones...
View ArticleMacro Overview
The US dollar is consoldiating the gains seen at the end of last week. The greenback briefly pushed through the JPY102 level in Tokyo, but this was not sustained. Meanwhile, the global equities are...
View ArticleIssuer Spotlight: iShares
When State Street introduced its S&P 500 index Fund–the SPDR S&P 500 ETF (SPY, A)–back in 1993, a revolution was sparked. Since then, exchange traded funds have become the go-to fund for both...
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The 'Rule Of 20' Offers A Multi-Decade Bullish Case For Stocks
Numerous analysts - often the same ones that were bearish just six months ago - continue to talk up US equities using a variety of metrics. These include comparisons of dividend yields or PE ratios to...
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Central Banks Are Still Trying To Convince Us This Isn't A Currency War
Central bankers claim that they aren’t starting a currency war. They deny that their policies are aimed at the competitive devaluation of their currencies. Let’s call it competitive ultra-easing....
View ArticleNothing Fails like Success
(co-authored with my Tokyo-based colleague Masashi Murata) Abenomics appears to be off to a fairly successful start, despite the volatility in the JGB market. The yen is sharply lower. Equities are...
View ArticleNo Mo' PoMo?
Whenever the Federal Reserve wants to tweak the dials of the economy -- or pretend that it can -- it turns first to its sock puppet at The Wall Street Journal, John Hilsenrath, and "leaks" a rumor...
View ArticleETF Options Strategies: Neutral Calendar Spread Explained
Exchange-traded funds (“ETFs”) provide an easy way for investors to gain access to nearly any country or asset class. In addition to providing diversified exposure in a single U.S.-traded security,...
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JUSTIFIABLY MAD: The Plight Of The 99% In 15 Charts
Abraham Thomas and the rest of the Quandl.com team gave us permission to publish the following presentation. The Fed has been trying to boost employment by keeping interest rates way low.The theory is,...
View ArticleGreat Graphic: Asset Managers Embrace ETFs
This Great Graphic was in a report by Chris Flood of the Financial Times. It shows the increased use of ETFs by asset managers. Flood reports that ETFS are now used by 18% of US institutional fund...
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What Texas Can Learn From California
The faux pas bordered on sedition. The Texas Association of Dairymen sent blocks of mild cheddar to state senate offices “in appreciation for your hard work this legislative session on behalf of the...
View ArticleEM Preview for the Week Ahead
(from my colleague Dr. Win Thin)PBOC fixed USD/CNY higher for the second straight day today, as the string of CNY gains appears to be over for the time being. Spot USD/CNY moved higher as well, in...
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The World's Biggest Money Managers Are Using ETFs Like Crazy
This Great Graphic was in a report by Chris Flood of the Financial Times. It shows the increased use of ETFs by asset managers. Flood reports that ETFS are now used by 18% of US institutional fund...
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A Crucial Piece Of Advice For Every Day Trader On The Planet
There's a tremendously depressing in-depth article at the Washington Post centered around a group of daytraders in southern Florida that's been pinging around the financial blogosphere all weekend....
View ArticleETF Insider: U.S. Sector Fund Struggles At Resistance, Time To Short
Stocks are off to a mixed start this week as upbeat retail sales data is colliding with a growing urgency to take profit as major U.S. benchmarks drift higher into uncharted territory. Selling...
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Gold Equities Look Compelling
A strong stomach and a tremendous amount of patience are required for gold stock investors these days, as miners have been exhibiting their typical volatility pattern.That’s why I often say to...
View ArticleShell Eco-Marathon Won by Car that Does 3,587MPG
Back in 1939 a bet between two Shell scientists regarding who could build a vehicle to carry them the furthest on a set amount of fuel turned into an annual event which has grown in popularity ever...
View ArticleDaily ETF Roundup: Stocks Finish Flat, IBB And DXJ Pop
After a lackluster trading session, U.S. equities finished flat, though the S&P 500 briefly touched a new all-time high. Helping support stocks was a better-than-expected retail sales report; U.S....
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Total Non-Farm Employment Is On Pace To Surpass Its Pre-Recession Peak In...
The WSJ has an overview of several economic forecasts: Economic Road Clearing, but the Going Is SlowThe U.S. still employs more than 2.5 million fewer people than when the recession began. At 180,000...
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