Newsclips
Rotation Out of Tech Likely Not a Sign of Impending Risk-off
December 5, 2017
Contagion risk caused by a moderate rotation out of technology appears is low.
Contagion risk caused by a moderate rotation out of technology appears is low.
A lower corporate tax rate should help create new small companies and spur job growth in rural areas.
Comment Recently Jim Bianco spoke with J.C. Parets of Allstar Charts. J.C.’s blog has a technical bent, so they discussed which indicators are still useful versus those that aren’t, sentiment, interest rates and Bitcoin.
Commodity Trading Advisors (CTAs) or "Managed Money" are net long almost one billion barrels of crude.
Comment The tables below show total returns through November 30, 2017. Click here for a printable PDF.
Bloomberg.com – Blame Japanese Banks for the Flat Treasury Curve, Citigroup Says Theory of pension-fund buying at the long-end gains clout Japan commercial lenders pare exposure amid hedging costs The seemingly worrisome dynamic in the world’s largest bond market — the flattening Treasury yield curve — may have a relatively simple explanation: Japanese banks are selling… Continue reading Who Can We Blame For The Flatter Yield Curve?
The Wall Street Journal – Global Earnings Hit a Record High, Giving Market Rally Momentum Earnings per share hit new high, underscoring broad economic recovery Listed companies are at their most profitable on record after a bumper year of earnings growth across global equity markets. The earnings-per-share of a FactSet index of over 20,000 listed companies… Continue reading Record High World Earnings
Business Insider – One market expert says the financial system could collapse at any moment Business Insider executive editor Sara Silverstein sits down with Jim Rickards, the editor of Strategic Intelligence and the author of Currency Wars: The Making of the Next Global Crisis. He discusses the elements that could cause a market collapse.
It is hard to argue Venezuela can make the situation worse, even if the cryptocurrency is a complete failure.
The Financial Times – Lawrence Summers: Thousands will die as a consequence of this new tax bill In reaching my judgment, I relied primarily on work by Kate Baicker, a former colleague now serving as dean of the University of Chicago’s Harris School of Public Policy. Ms Baicker served on the Council of Economic Advisers during… Continue reading Larry Summers Goes Over The Top
The Financial Times – Exchanges at the forefront of cryptocurrency boom surge Whether futures trading on bitcoin really takes off is a big question as Chicago’s two big exchanges, the CME and CBOE, race to list contracts this month. The volatility of bitcoin’s price entails hefty margins of more than 30 percent to backstop… Continue reading A Cryptocurrency Winner