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Timing The Rate Hike: Economists vs. The Market
October 27, 2015
CNBC – Chance of recession highest in two years: Survey The median of the 41 respondents sees the first rate in December, compared with September in the prior survey. While about half of the respondents forecast the first rate hike this year, the other half sees it into 2016 and even, for some, as late… Continue reading Timing The Rate Hike: Economists vs. The Market
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An Earnings Update
October 27, 2015
<Click on chart for larger image> <Click on chart for larger image> <Click on chart for larger image> <Click on chart for larger image> The Wall Street Journal – U.S. Companies Warn of Slowing Economy Quarterly profits and revenue at big American companies are poised to decline for the first time since the recession, as… Continue reading An Earnings Update
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No Default!
October 27, 2015
<Click on table for larger image> The Wall Street Journal – Tentative Budget Deal Reached, Raising Debt Limit Two-year plan is designed to reduce risk of government shutdown The White House and congressional leaders reached a tentative deal Monday on a two-year budget plan that also would raise the federal debt limit. If approved by… Continue reading No Default!
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Who Owns Stocks?
October 27, 2015
<Click on graphic for larger image> The Economics – American capitalism: Reinventing the deal America’s startups are changing what it means to own a company ndividuals have been net sellers of shares for decades; in their place institutions have expanded relentlessly. Financial institutions now hold in excess of 70% of the value of shares on… Continue reading Who Owns Stocks?
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Fallen Angels
October 27, 2015
<Click on chart for larger image> Bloomberg Business – `Fallen Angel’ Ranks Grow Amid Commodities Slump, Moody’s Says The rout that pushed commodities prices to the lowest level in 16 years continues to wreak havoc on energy-company balance sheets, with the number of high-grade bonds at risk of ending up junk rising last quarter to… Continue reading Fallen Angels
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Would it Help The Economy For The Fed To Raise Rates?
October 27, 2015
<Click on graphic for larger image> Bloomberg.com – How a Fed Rate Hike Could Actually Stimulate the U.S. Economy By boosting housing, capital, and confidence. Some economists are suggesting that the best thing the Federal Reserve could do for the U.S. economy would be to raise interest rates for the first time in nearly a… Continue reading Would it Help The Economy For The Fed To Raise Rates?
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Chinese Capital Flight
October 27, 2015
<Click on graphic for larger image> The Wall Street Journal – In China’s Alleyways, Underground Banks Move Money Facing economic uncertainty, many Chinese use underground networks to send cash abroad Facing a turbulent stock market and a weakening economy, many Chinese are trying to move money offshore. That spells business for operations that can end-run… Continue reading Chinese Capital Flight
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A Look At The ISDA Committee
October 27, 2015
<Click on graphic for larger image> Bloomberg.com – Inside the Secretive Circle That Rules a $14 Trillion Market Verdicts affect retirees with investments in bond mutual funds Critics say 15-member ISDA committee has conflicts trading CDS CDS on corporate and sovereign debt, which are subject to the panel’s decision-making, have bubbled into prominence lately. The… Continue reading A Look At The ISDA Committee
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The Chinese Bond Market
October 27, 2015
The Financial Times – A China bond market nuttiness deadline? China’s bond markets are nuts — particularly at the moment — and are doing a poor job of pricing risk. Over a future unspecified timeframe the government will have to normalise their operations or risk everything getting out of control and messy. In the shorter… Continue reading The Chinese Bond Market
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How Much Do Americans Make?
October 27, 2015
<Click on graphic for larger image> Daily Caller – 1 In 2 Working Americans Make Less Than $30,000 A Year Fifty-one percent of working Americans make less than $30,000 a year, new data from the Social Security Administration (SSA) shows. That’s $2,500 a month before taxes and just over the federal poverty level for a… Continue reading How Much Do Americans Make?
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Oil Speculation
October 27, 2015
<Click on chart for larger image> Bloomberg Business – Oil Speculators Make `Easy’ Bearish Call at 85-Year Supply High Hedge funds placed the most bets on falling oil prices since July as rising piles of crude dashed hopes of a near-term recovery. Money managers’ short position in West Texas Intermediate crude jumped by 18 percent… Continue reading Oil Speculation