ETF Bull Call Spread Options Strategy Explained
Exchange-traded funds (“ETFs”) have become a popular way for investors to reach every corner of the market, enabling them to achieve broad diversification by purchasing a single U.S.-traded security....
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Japan Is Making A Bet It Can't Win
The reactions to the $314 billion, 7.3% plunge in the Nikkei last week were, let's say, for the best part amusing.The army of experts and analysts stood at the ready to name the external factors that...
View ArticleICYMI: Primer on Japan in Four Posts
Over the past few weeks, we have sketched out an alternative narrative about Japan. We see the key problem Japan faces as stemming from surplus savings in the corporate sector. There is little...
View ArticleThe government doesn’t want you to think too much about this…
May 27, 2013 Dallas, Texas, USAToday is the Memorial Day holiday in the Land of the Free.Curiously, this is the day that the federal government sets aside for citizens to reflect on the sacrifices made...
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The Sad Decline Of Italy's Once Massive Appliance Industry
This Great Graphic is part of a larger study by Euromonitor International by Lorenza Della-Santa. It looks the number of appliances being produced in a select number of European countries in 2007...
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Here's What American Job Creation Looked Like Under The Last 5 Presidents
Last month I posted two graphs comparing changes in public and private sector payrolls during the Bush and Obama presidencies. Several readers asked if I could add Presidents Reagan and Clinton (I've...
View ArticleThe View From Vegas, plus, A Few Good Mercenaries Redux
Mercenary Trader has a new West Coast headquarters: Las Vegas, Nevada!In October of last year, via this MT news update, we mentioned the possibility of a relocation to Las Vegas. (The piece is worth...
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Ben Bernanke Has One More Incredibly Powerful Policy Tool That He Hasn't Used...
Also unsettling stock markets around the world last week was the big backup in government bond yields. In Japan, the 10-year yield has jumped from a record low of 0.45% on April 4, 2013 to 0.85% on...
View ArticleETFdb Weekly Watchlist: XRT, EWJ, FXI Hinge On Consumer, BOJ, And Chinese...
It was a roller coaster ride for Wall Street last week, as investors shifted their focus to the latest developments on the Fed front. In his testimony before the Senate’s Joint Economic Committee, Ben...
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A Divergence Is Opening Up Between Inflation And The Stock Market
Another interesting divergence here via Societe Generale research. Like the commodity trend, we’re seeing a big divergence in US inflation expectations and the S&P 500. If deflation is truly a...
View ArticleFive Questions Facing the Market
What is the outlook for Fed policy? Can Japanese officials stabilize the bond market? Is the ECB going to adopt a negative deposit rate? What are the latest inflation readings? Is the soft landing...
View Article5 ETFs To Buy Before The Fed Cuts QE
Last week, Wall Street focused its attention on the latest developments on the Fed front as Ben Bernanke testified before the Senate’s Joint Economic Committee in Washington. In his testimony, the...
View ArticleEuropean Developments Ahead of the Annual Review of EU Budget Rules
With real or anticipated developments in the US and Japan dominating the markets' focus, Europe has been pushed off the front pages. The EC meets tomorrow and may dominate the headlines. The...
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A 7-Point Answer To All The Buffett Haters Out There
My friend and blogger colleague Cullen Roche at Pragmatic Capital posted a 7-point takedown of the deification of Berkshire Hathaway. It is a tongue-in-cheek post ostensibly teaching the reader "7 Easy...
View ArticleIt will be against the law to compete with the government
May 28, 2013 Sarasota, Florida, USALast month at our event in Santiago, Ron Paul told me that he used to keep a sign on his desk during his time in Congress that read: “Don’t steal. The government...
View ArticleGreat Graphic: US Interest Rate Premium is Rising
This Great Graphic, composed on Bloomberg, show the 10-year interest rate differential between the US on one hand, and German and Japan on the other. The yellow line is the spread between the US and...
View ArticleGold and Silver Outlook for May 28
Bullion market slightly heated up last week as gold and silver prices rallied during last week. The recent cool down in stock markets in the U.S may have contributed to the recovery of precious metals....
View ArticleEmerging Market Preview: Headwinds Generate Policy Response (but not in Brazil)
(from my colleagues Dr. Win Thin and Ilan Solot) EM countries are facing serious growth headwinds that favor more monetary easing ahead. Hungary and Israel have already cut rates this week, while...
View ArticleThe Decline of Accounting and the Rise of Forensic Finance
By Lev JanashviliAt the GMI Ratings seminar on May 14, NYU finance professor Dr. Baruch Lev spoke memorably about the decline of traditional accounting and our collective hope for a superior model. The...
View ArticleAdidas Missteps Go Beyond Its Supply Chain
By Damion Rallis, Senior Research AssociateLast month, an eight-story garment factory building collapsed in Bangladesh, killing more than 1,100 people. The Rana Plaza factory collapse is not only the...
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