Round and round it goes, where it stops nobody knows!

Category: Market Updates

150 posts categorized as "Market Updates"

Round and round it goes, where it stops nobody knows!

Round and round it goes, where it stops nobody knows!  Watching the macro news flow, it certainly feels like a merry-go-round traveling a bit too…

It’s getting noisy in here.

It’s getting noisy in here.  The beating drum of trade conflict gets louder as there is another day and another tariff.  It seems the Trump…

The US government just took a bite out of the FANGs

The US government just took a bite out of the FANGs.  Following the serious privacy concerns raised at Facebook, it is now squarely in the…

It’s the running of the bulls!

It’s the running of the bulls!  No, not the one in Pamplona in July.  This stampede happened on Wall Street this week as jitters took…

Where’s the beef?

Where’s the beef? Not many people in today’s markets may remember that catchphrase from a 1984 commercial for American fast food chain Wendy’s.  The question…

Are we going to trade more than jabs?

Are we going to trade more than jabs? That is what the markets (and the world) are starting to wonder as this week the Trump…

Surprise! Earnings are good and valuations are better.

Surprise! Fourth quarter results have been reported by roughly 80% of the S&P 500 and so far they are good. With 412 companies reporting (as…

Were our fears inflated?

Were our fears inflated? Nothing like a little play on words to end the week. You might think we are referring to the equity market…

It’s my party and I will cry if I want to…

“It’s my party and I’ll cry if I want too…Cry if I want to….You would cry too if it happened to you!”  You can almost…

Is it hot in here, or is it just the bond market?

Is it hot in here, or is it just the bond market?  I remember a time when generating jobs was a good thing.  Apparently, we…

Buy American!

Buy American!  That is the message that President Trump and his economic team are broadcasting at the World Economic Forum in Davos, Switzerland this week. …

Reading into the breakout a bit too much.

  They are calling it a “breakout” which is hard to say with a straight-face in the context of still secularly low interest rates. That…

Resolving to be worth more than a Continental.

2017 has been a year of significant financial, political, social, and natural events too numerous to recount.  These events caused us to witness both the…

We are all a little “taxed out.”

  The year is quickly coming to a close, but that does not mean it will necessarily be boring.  Spurred by the loss of a…

Get the hike out.

Get the hike out.  This week the Federal Reserve raised short-term interest rates for a third time this year increasing the target range to 1.25%…

Bitcoin FOMO.

FOMO.  It feels like the only way to describe it.  We are not unique in using this moniker to describe the bitcoin frenzy.  While the…

Don’t get bent out of shape.

Let’s not get too bent out of shape about the US Treasury yield curve.  The steepness of the curve, as often measured by looking at…

It’s been a taxing week.

The US Senate released their version of tax reform this week and it shows some, but not perfect, alignment with the House version released earlier. …

I’ve got the Powell.

President Trump nominated current Fed Governor Jerome Powell to be the next Chair of the Federal Reserve when Janet Yellen’s term ends in January 2018. …

The Passing Storms

Despite expected disruption to US GDP growth in Q3 from hurricanes hitting Texas and Florida, the economy posted an above-consensus annualized growth rate of 3.0%…

Another wall being built.

It is said that markets climb a wall of worry.  That certainly feels true this year as the wall seems ever extending higher and the…

It’s impossible to say.

It’s impossible to say.  This week’s major macroeconomic news in the United States was the release of an outline for the widest sweeping tax reform…

It’s all under control

It’s all under control. That is what Chinese regulators are thinking as they release plans to halt exchange-trading of the cryptocurrency bitcoin. This is in…

This time isn’t different.

This time is different. Four little words that are often the most dangerous in finance. Though the same can be applied when thinking about generational change. The so-called Millennials were said to be different than their parents. The group of people currently aged between 18 and 34 years old are not materialistic like their mothers and fathers.

Money defined.

Money is defined by its purpose. Money acts as a unit of account (it can be counted), a medium of exchange (it is accepted in trade for goods and services), and a store of value (what it will trade for stays stable). Nothing says that money must be backed by a sovereign promise like the paper currencies we think of as “real” money today (US Dollar, British Pound, Japanese Yen and so forth).

There is an eerie quiet in the market.

There is an eerie quiet in the market. Domestic politics in the US continues to flail on healthcare much less being able to start tax reform and faces a possible government shutdown and a debt ceiling. Meanwhile the Federal Reserve is poised to shrink their balance sheet while inflation is subdued.

So far so good

So far so good. We are in the midst of second quarter earnings reports in the US and so far good numbers are showing up….

Let’s get to work.

  Let’s get to work.  Friday’s US jobs report showed a gain of 222,000 jobs added in the month of June which was better than…

No fireworks this week.

  No fireworks this week.  As everyone in the US gears up for a holiday weekend, the feel of summer is upon the markets as…

Welcome to the party.

Welcome to the party.  The big news this week is the addition of just over 200 stocks listed in the Chinese “A share” market (the…

Global central banks are not short on confidence.

Global central banks are not short on confidence.

Things can get hung up in a snap

Things can get hung up in a snap. That is probably what UK Prime Minister Theresa May is thinking.

Minute by Minute

The Federal Reserve released the minutes from their most recent meeting this week. In it was an answer to a question that has lingered over the market for some time – what to do with the $4.5 trillion of securities residing on their balance sheet after years of expansive monetary policy.

Isn’t That a Peach?

Well, isn’t that a peach? Impeach. That is the word that has been on the lips of those in Washington D.C. and blasted across media outlets.

It’s Only Temporary

It’s only temporary. That’s the opinion of Fed Chairwoman Janet Yellen of the poor first quarter GDP growth in the United States.

World Trade Does A U-Turn

Perhaps the market sentiment that global trade was going to come to a halt was a bit premature. Many feared that the US would withdraw from all trade arrangements with its major trading partners.

Geopolitics Heat Up

Just when President Trump starts to move towards status quo, things start to get hairy.

Republicans Get A Health Check

So much of the market’s expectations for “reflation” in the economy is based upon the premise that a White House and Congress dominated by Republicans could work together to quickly pass legislation.

It’s Sheer Madness

While there are many things going on around the world (the Dutch election in which the Euro-skeptic party won fewer than expected seats, the dovish read on the Federal Reserve after the expected rate hike, the no-action from the central banks in England, Japan, and Norway, etc), it is time for a little break.

Let There Be No Doubt

The upcoming meeting of the Federal Reserve on March 14-15 has been the most telegraphed policy meeting in recent memory.