Kurt Osterberg

Browsing All Posts By Kurt Osterberg

Finance 0
Is The Bitcoin Party Over? Crypto Threatens Major Reversal

BTC/USD Daily Technical Outlook: Bitcoin responded to a key support confluence this week at 2258 where the 61.8% extension of the decline off the record highs converges on basic median-line suppor...
On July 12, 2017 / By Kurt Osterberg
Finance 0
Earnings Estimates Are Stagnant (Which Is Great)

It’s important to recognize that there are many people in the financial industry who will never change their minds regardless of the facts. When you realize that, you become more skeptical of every ...
On July 12, 2017 / By Kurt Osterberg
Finance 0
Bank Of Canada Hikes Rates

The Bank of Canada has joined the Fed in embarking on the road to monetary policy normalization, hiking the benchmark monetary policy rate +25bps to 0.75%. This comes at a time as Canada’s pro...
On July 12, 2017 / By Kurt Osterberg
Finance 0
How Much Longer Should Stock Investors Dance Near The Fire Pit?

American consumers are financially strained. One indication? Card defaults rose from 2.81% back in November to 3.53% in May. Meanwhile, the expansion of credit by cards as well as by autos has slowed ...
On July 12, 2017 / By Kurt Osterberg
Finance 0
Inferring The Relative State Of The ‘Dollar’ Shortage In Q1

The OCC reports that total gross notional derivatives outstanding jumped by nearly 8% in Q1 2017 over Q4 2016. At $178 trillion, that is even more than the reported total for Q3 last year. The latest ...
On July 12, 2017 / By Kurt Osterberg
Finance 0
IPO Market Back On Track: ETFs To Tap

After several lackluster quarters, the U.S. IPO market gained momentum in the second quarter of 2017, with 52 companies completing their IPOs raising nearly $11 billion. This marks the most active qua...
On July 12, 2017 / By Kurt Osterberg
Finance 0
Commodity Cycle Upturn To Lift Precious Metals Prices

Safe-haven demand for physical precious metals came in soft through the first half of the year as a rising stock market reinforced investor optimism toward the economy. U.S. stocks are expensive by ju...
On July 12, 2017 / By Kurt Osterberg
Finance 0
The Shift To Passive Investing And The Coming “Perfect Storm”

I just read an interview with retired fund manager Bob Rodriguez who managed award winning FPA mutual funds in stocks and bonds. Like us, Rodriguez believes in owning cash when there is a storm on t...
On July 12, 2017 / By Kurt Osterberg
Finance 0
E A Very Tepid Move By The Bank Of Canada

As widely expected the Bank of Canada (BoC) increased the overnight bank rate by 25bps, however the accompanying statement reveals a central bank that is far from overly optimistic that the economy is...
On July 12, 2017 / By Kurt Osterberg
Finance 0
Brazilian Real Surges After Ex-President Lula Found Guilty Of Corruption, Faces 9 Years In Prison

Just hours after current President Temer garnered enough votes necessary to block congressional motion that would put him on trial over corruption charges, Reuters reports that former President Lula ...
On July 12, 2017 / By Kurt Osterberg