Barron’s – Byron Wien Reveals His ‘10 Surprises of 2017’ Each year I make a practice of reviewing The Ten Surprises of the year that has passed. Last year’s list was on its way to being one of my best and then Donald Trump won the presidential election and everything changed. Before that, oil was in… Continue reading Byron Wien Speaks
<Click on graphic for larger image> The Wall Street Journal – Earnings, Not Donald Trump, Are Stocks’ Best Friend in 2017 Continued rebound in corporate profits should prop up share prices regardless of Washington policies Here’s one simple thing set to help sustain stocks’ march in 2017: corporate earnings. While Donald Trump’s election supercharged investors’ hopes… Continue reading The Hope Of Earnings
<Click on chart for larger image> Bloomberg.com – The Golden Era of Hedge Funds Draws to a Close With Clients in Revolt The million-dollar question: Who will keep earning 2 and 20? Clients revolt as traders get rich on management fees But Trump or no Trump, this year marked the beginning of the end of… Continue reading Hedge Funds’ Tough Year
<Click on graphic for larger image> Bloomberg.com – Hedge Funds Bet Oil Rally to Extend Into 2017 as Output Cuts Hit Money managers’ net-long position is triple end-2015: CFTC OPEC, non-OPEC crude production reductions start in January Investors are showing no sign of turning their backs on oil heading into 2017. Money managers’ wagers on rising… Continue reading Bullish On Oil
<Click on graphic for larger image> Bloomberg.com – A 10% Rally in S&P 500 Makes Geniuses of Wall Street Strategists Posts sixth annual gain in eight years as bull market endures Wall Street forecasters have the most accurate year on record They didn’t exactly nail every detail. But U.S. equity strategists got one thing right… Continue reading Mistaking Brains For A Bull Market?
<Click on graphic for larger image> The Wall Street Journal – Central Banks Loosening Their Grip on Markets For markets, the era of the central bank may be starting to draw to a close For markets, the era of the central bank may be starting to draw to a close. In 2017, tightening monetary policy… Continue reading The End Of The Central Bank Era?
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Comment Jim Bianco was on CNBC yesterday discussing the markets. To view the interview, click on the image above. To view any of our recent interviews, click here.
<Click on graphic for larger image> MarketWatch – Mark Hulbert: The best stocks for 2017 might be the worst performers of 2016 Poorly performing large companies tend to become better values, attracting investors A contrarian strategy of favoring the worst over the best doesn’t always work out, but it often does. In the past six… Continue reading Will Stock Mean Revert In 2017?
<Click on graphic for larger image> Bloomberg.com – Euro Jumps 1.6 Percent in Minutes as Algo Orders Surprise Market Liquidity evaporated as euro buy orders surged above $1.05 Europe’s single currency has since pared its advance The euro surged as much as 1.6 percent against the dollar in the Asian morning Friday as a rush… Continue reading A Euro Flash Crash This Morning?
<Click on graphic for larger image> The Wall Street Journal – Minimum Wages Set to Increase in Many States in 2017 About 4.4 million low-wage workers across the country are slated to receive a raise Minimum wages will increase in 20 states at the start of the year, a shift that will lift pay for millions… Continue reading Rising Minimum Wages In 2017