Newsclips
Cartoons
August 4, 2016
<Click on cartoon for larger image>
<Click on cartoon for larger image>
Charts of the Week Topics Covered This Week Include: Democrat Post-Convention Poll Bounce An Revenue Update An Earnings Update Probability Of A Fed Hike In 2016 Bank of England Set To Cut Rates Bank of England Set To Cut Rates – 2 More On The Stock/Crude Relationship An Updated Look At Fuel Supply Forecast High… Continue reading Charts of the Week
Politico – How big is Hillary Clinton’s convention bounce? A fresh set of post-Democratic convention polls shows a sudden shift toward the Democratic nominee. Hillary Clinton just out-bounced Donald Trump. An initial set of post-convention polls out this week shows a sudden swing toward the newly minted Democratic presidential nominee and suggests Clinton begins the… Continue reading Democrat Post-Convention Poll Bounce
<Click on chart for larger image> Comment The story below points out profits are expected to fall for the fourth straight quarter. The chart above uses a combination of Bloomberg estimates and actual results. So, the black line which shows Q2 2016 results is a blended series of the 370 companies that have already reported… Continue reading More On Q2 2016 Earnings Expectations
<Click on chart for larger image> <Click on chart for larger image> Forbes.com – Investors Could Lose $3.8 Trillion By Owning ‘Safe’ Government Bonds “This year’s dramatic fall in yields on bonds issued by investment grade sovereigns has again raised the risk that a sudden interest rate rise could impose large market losses on fixed-income… Continue reading Negative Rates
<Click on graphic for larger image> Zero Hedge – Trump Urges His Supporters To Sell Stocks, Warns Of “Very Scary Scenarios” For Investors As we reported back in January, while Wall Street typically worries about how politics might affect the market, Presidential candidates worry about how the stock market might affect their political outcomes. The… Continue reading Stocks Leading Up To The Election
<Click on chart for larger image> The Financial Times – Equities and bonds feel impact of $40 oil Fresh fears on economic implications centre on high-yield bonds and emerging markets The reversal in oil prices to $40 a barrel is rippling through equity and bond markets, reigniting investor concerns about deeply indebted companies and countries… Continue reading Why $40 Oil Is A Problem For The Markets
<Click on chart for larger image> Bloomberg.com – China Said to Plan Index Futures Revival After Volumes Drop Futures exchange considers raising cap on new contracts Government has sought to balance control with free markets China’s futures exchange is planning to relax the restrictions on stock-index contracts that sparked a 99 percent plunge in trading and… Continue reading Will Speculators Return To China?
<Click on graphic for larger image> Bloomberg Business – Bulls Made Skeptics as S&P 500 Rallies Past Wall Street Forecast Five-week rally of 8 percent leaves index ahead of estimates One of the safest assumptions on Wall Street is that however high stocks have climbed, professional forecasters will say they can go higher. That’s not… Continue reading Stocks Continue To Rise
<Click on graphic for larger image> Bloomberg Business – Why the Rise of the One Percent Makes Janet Yellen’s Job Harder Lower spending weakens growth, weighing on interest ratesThe neutral rate matters for monetary policy makers: if it settles at a lower level, it means policy is able to provide less stimulus than in the… Continue reading The Neutral Rate And The Rise Of The One Percent
<Click on chart for larger image> Bloomberg Business – Japan Fiscal Plan Gives $45 Billion Spending Boost This Year Abe seeks to prop up economy after BOJ keeps action minimal Japan’s government announced 4.6 trillion yen ($45 billion) in extra spending for the current fiscal year, as Prime Minister Shinzo Abe seeks to bolster the economy… Continue reading Japan’s Fiscal Plan
The Financial Times – Markets beware as central banks begin to admit defeat If central banks pass baton to governments to stimulate growth then the bond rally is over Investor positioning is as extreme as it has been since the dotcom bubble. In a neat bit of symmetry, it is some of the assets that… Continue reading Bond Yields And Central Bank Policy