Newsclips
Cartoons
May 31, 2016
<Click on cartoon for larger image> LWT – Increasingly Weird Bell Ringers At The New York Stock Exchange
<Click on cartoon for larger image> LWT – Increasingly Weird Bell Ringers At The New York Stock Exchange
<Click on chart for larger image> MarketWatch.com – Earnings fall at fastest rate since the Great Recession S&P 500 first-quarter earnings declined for the fourth straight quarter, and more sharply than in any quarter since 2009 First-quarter earnings season is close to over, and the numbers it’s produced are as gloomy as they have been… Continue reading Q1 2016 Earnings Fall Sharply
<Click on graphic for larger image> Bloomberg Business – Whether Trump or Clinton, Anxiety Creeps Into U.S. Stock Outlook Implied S&P 500 options prices increase in July and October Slowly but surely, U.S. presidential politics are starting to influence the price investors pay to protect their equity holdings from sudden shocks. The best illustration of… Continue reading The Election And Market Volatility
<Click on chart for larger image> Bloomberg Business – Wall Street Waits for Yellen Before Taking Off for a Long Weekend The Friday before Memorial Day weekend is typically dead on Wall Street. The bond market shuts early and trading in stocks slows to a trickle as everyone hightails it out of town. Not this… Continue reading Timing The Next Rate Hike
<Click on graphic for larger image> <Click on graphic for larger image> Bloomberg Business – U.S.-China Economic Poker Game Looms With Market Calm at Stake Policy actions by one side could rebound with volatility As top American and Chinese officials prepare for their annual powwow against the backdrop of a looming Federal Reserve interest-rate increase,… Continue reading The Relationship Between China And U.S. Policy
The Wall Street Journal – The New Oil Traders: Moms and Millennials When Erika Cajic woke before dawn one morning in early May and read that wildfires were breaking out in an oil-producing region of Alberta, she sat down on the family room couch with a cup of hot chocolate and her laptop and bought… Continue reading The New Oil Traders
Bloomberg View – Mohamed A. El-Erian: Central Banks Can’t Go It Alone Anymore Before the G-7 meeting in Japan, several member countries indicated they understood that their individual and collective policy stances needed to evolve. Germany warned against continued over-reliance on central banks, simultaneously stressing the need for structural reforms. Canada and Japan urged a… Continue reading Central Banks Need More Help
The New York Post – John Crudele: Trump: Only ‘dummies’ believe Fed’s unemployment figure Donald Trump, if elected president, will investigate the veracity of US economic statistics produced by Washington — including “the way they are reported.” I caught up with Trump, the presumptive Republican nominee, by phone Tuesday morning, and we had a frank… Continue reading Trump Thinks The Unemployment Rate Is Near 20%
The Wall Street Journal – Oil Prices Poised to Hit Sweet Spot for Global Economy Range of $50 to $60 a barrel represents ‘goldilocks’ scenario for consumers, industry and the oil industry alike The most powerful oil rally in seven years pushed crude prices above $50 a barrel on Thursday, a level that eases pressure… Continue reading More On Crude Oil
The Financial Times – US productivity slips for first time in three decades Productivity is set to fall in the US for the first time in more than three decades, raising the prospect of persistent wage stagnation and the risk of a further populist backlash. Research by the Conference Board, a US think-tank, also shows… Continue reading U.S. Productivity Falls
Bloomberg View – Barry Ritholtz: If You’re Such a Great Investor, Where’s Your Alpha? Is alpha, the Wall Street term for market-beating returns, sustainable? Or is it a unique, statistical outlier, indistinguishable from random chance? I have been thinking about this a lot, lately. The relentless drumbeat of negativity about hedge funds, of which I… Continue reading Generating Alpha
None today