Latest Posts
-
Finance 0
Too Much Good News
The stock market took a sharp turn for the worse on economic data that raised the issue the Fed may yet raise interest rates at their next FOMC meeting in June as no less than three Fed President’s look for a rate hike coming up. The Consumer Price Index (CPI) for April produced a headline surprise, with total CPI rising 0.4% month-over-month. This may have been a surprise for many but when you have seen crude oil prices surge as much as we’ve seen with the Fed’s central planning, inflation is going to jump as gasoline and everything dependent on it will be affected. Also, industrial production proved to be a positive surprise as prod... -
Finance 0
Buying Time For JPMorgan Chase
JPMorgan Chase (NYSE:JPM) beats first-quarter expectations with strong showing on April 13 JPMorgan Chase beat analysts’ first-quarter expectations when it released its earnings on April 13, 2016. The bank reported that its non-interest expenses fell to under $14 billion. This was the first time the category had been at that level in six years. The reported net interest margin for the quarter also increased to 2.3 percent, a figure which should be expected to continue rising as the Fed increases the interest rates over the upcoming quarters. The company also said it was acquiring a minority share in Global X, an exchange-traded fund pr... -
Finance 0
Saudi Arabia Admits To A Full-Blown Liquidity Crisis: Will Pay Government Contractors With IOUs, Debt
Previously we documented that as a result of the still low oil prices, largely a result of Saudi Arabian strategy to put high cost producers out of business and to remove excess supply, none other than Saudi Arabia has been substantially impacted, with the result being dramatic state budget, a sharp economic slowdown and mass worker layoffs. Just three weeks ago we reported that the biggest construction conglomerate in the middle east, the Saudi Binladin Group had announced it would layoff 50,000 workers ot a quarter of its workforce, slammed by the weak economy. Now, Saudi Arabia has admitted that in addition to acute economic problems, ... -
Finance 0
SAP Eyes Cloud And Mobile Spend
SAP (NYSE: SAP) ended the year 2015 with a bang, surpassing all market expectations and causing its stock to touch 52-week high levels. But if the market was expecting a similar performance for the first quarter of the year, it was disappointed. The company reported rather lackluster results, following the footsteps of most of the other tech giants. Its recent investments in the Cloud and Mobile space are expected to improve its performance. SAP’s Financials SAP’s reported first quarter revenues of €4.73 billion (~$5.21 billion) and an EPS of €0.64 (~$0.70). The market was looking for revenues of €4.82 billion (~$5.31 billion) and... -
Finance 0
Silver Prices Slide Ahead Of FOMC Minutes
Silver prices declined over the last 24 hours as expectations of a Fed rate hike in 2016 increased, following U.S. headline inflation reaching an annual rate of 1.1% from 0.9%, and Industrial Production increasing by 0.7% MoM from -0.6% prior. Expectations of rate hikes were further bolstered as one Fed member suggested a rate hike may occur in June or July, whilst two others said that they would expect up to three rate increases this year. Today, further hints of rate hikes or not, may be revealed, as the Federal Reserve will publish minutes from its most recent FOMC Meeting. According to overnight-index swaps, the market is now pricing in ... -
Finance 0
CNBC Asia–Rare Double Feature
My two week trip to Asia is winding down. I had the privilege of being on CNBC in Asia and discussed the markets with Martin Soong from Singapore. There were two segments. The first segment is about two minutes long and focuses on about Japan. The second segment is 3.5 minutes long and discusses the Federal Reserve. Video Length: 00:01:57 Video Length: 00:03:26... -
Finance 0
Are Teen Retailers Nearing The End?
Photo Credit: Mike Mozart Urban Outfitters, Inc. (URBN) Consumer Discretionary – Specialty Retail | Reports May 18, After Market Closes Retailers are in the spotlight this week and so far many of those names are getting slammed. Teen retailers, in particular, have made their comeback of late, but this may be the quarter reverses. Tomorrow, two teen standouts, American Eagle and Urban Outfitters, take the stage with their first quarter results. The past year has been quite difficult for Urban Outfitters’ shareholders. Relatively flat earnings and weak guidance sent the stock plunging 34% over the last 12 months. Unfortunately first q... -
Finance 0
How To Start Your Own Business: 5 Steps For First-Time Investors
Do you want to know how to start your own business? Investing in real estate, as far as I am concerned, is one of the most lucrative endeavors entrepreneurs can set out on. It’s not a coincidence that a majority of the most wealthy people in America have their hands in real estate in one way or another. That said, turning real estate into a viable business strategy requires a lot more than blind ambition. This industry has limitless potential, but only for those that are willing to make the commitment. In order to realize what real estate has to offer, you must treat it like the business it is. While it is entirely possible to flip a prope... -
Finance 0
Chart Pattern Suggests $1100-$1150 Amazon Price Target?!
Amazon (AMZN) has long been a favorite of traders and investors for many good reasons. And Amazon may have benefited by Apple’s falling out of favor with growth investors as well. After struggling in 2014 the stock gained 114% in 2015 after some upside EPS surprises. And if we take a look at the chart patterns it seems to suggest that price could indeed move above $1000 during it’s next run up. The chart above shows the price movements over the last 5+ years. It’s actually been quite amazing to see the continuity of these price moves. The three major rallies on the weekly chart have taken price up by 136-145% each time… …even the d... -
Finance 0
Will The Federal Reserve Reduce Pressure On The Bank Of Japan?
Looking at Japan and how the nation’s economy has evolved since the introduction of Abeomics, it becomes readily apparent that the famed “three arrows” of Japanese Prime Minister Abe’s plans have failed to hit their target. Despite wide ranging reforms and extreme monetary policy measures, the economy continues to struggle under the crushing weight of deflation and an ongoing global currency war. The phrase the most readily seems to define the economic reality is “spitting into the wind. ”The best intentions of officials have failed to produce a meaningful turnaround in the economy, forcing policymakers to rethink the direction. H...
Top Posts
-
The Importance for Individuals to Use Sustainable Chemicals
-
Small Businesses: Finding the Right Candidate for the Job
-
How to Write the Perfect Thank You Letter After Your Job Interview
-
3 Best Large-Cap Blend Mutual Funds For Enticing Returns
-
China suspected in massive breach of federal personnel data
