MarketWatch.com – How to make money with stocks despite September’s awful record How should you get ready for the worst month of the year for stocks? The surprise answer: By doing nothing. That’s the proper response because September’s awful record is, in effect, a crime in search of a motive. And without a motive, we have… Continue reading September And Stocks
Comment On August 31, 2017 at 9 AM CT (10 AM ET, 7 AM PT and 15:00 BST) Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a webcast/teleconference moderated by Jim Bianco. Join us Thursday as we discuss how investor behavior has changed since the financial crisis of 2008. We will examine… Continue reading Conference Call Thursday: How Investor Behavior Has Changed Post-Crisis
Bloomberg – Gold Climbs as North Korea Missile Test Sees Price at 2017 High Bullion surges to the highest since November as miners advance Gold has surged 15 percent this year, rising every month apart from June, as investors weigh the possibility of conflict in Asia, with Kim Jong Un’s regime pushing on with missile tests… Continue reading New 2017 Highs Have Gold Miners Back in Favor
The Wall Street Journal – Euro’s Surge Puts the ECB in a Bind Common currency passes $1.20 on expectations of ECB tapering Positioning data suggests that speculators see the euro’s rally continuing. In the week to Aug. 25, speculators held 87,976 more long than short contracts on the euro, according to the U.S. Commodity Futures Trading… Continue reading Everyone Hates The Dollar
The Financial Times – Hedge funds see a gold rush in data mining Investors seek an advantage from tradable intelligence but legality of alternative data is in question “In order to generate sustained [returns] investors must embrace the task of acquiring, analysing and understanding the ever-growing data universe,” BlackRock said in a recent paper. “Those that… Continue reading Data Scientists On Wall Street
Dealb%k – Day Trading in Wall Street’s Complex ‘Fear Gauge’ Proliferates Each morning, at the market’s open, Seth M. Golden, a former logistics manager at a Target store, fires up the computer in his home office in northern Florida and does what he has done for years: Put on bets that Wall Street’s index of volatility,… Continue reading Who Shorts Volatility?
The Wall Street Journal – Andy Kessler: The Bitcoin Valuation Bubble Faithful techies think in coming decades one digital coin will be worth $500,000. I’m not here to burst anyone’s bubble. The blockchain will radically alter financial services, much as Napster changed the music business. But at some point the market will wake up and… Continue reading Talking Bitcoin
The Wall Street Journal – Saudi Arabia, Russia Pushing for Three-Month Extension to Oil Cut Deal Top oil producers Saudi Arabia and Russia are pushing to extend their deal to limit crude oil production for another three months, which would leave the output deal between OPEC and non-OPEC producers in place through the end of June,… Continue reading More OPEC Cuts?
The Wall Street Journal – Editorial: Our Political Central Bankers Fed officials join the resistance against financial reform. Janet Yellen didn’t run for President, but you wouldn’t know it from her policy démarche Friday at the Federal Reserve’s annual Jackson Hole retreat. The Fed Chair unleashed a defense of post-crisis financial regulation that shows how political… Continue reading Opposing Views About Yellen’s Jackson Hole Speech
The Financial Times – US home ownership fall hits young and minorities hardest Home ownership in the US peaked just before the financial crisis. The combination of readily-available mortgages and the notion that house prices would only go up meant that more Americans than ever bought a home of their own — including many, ultimately, who… Continue reading Who Was Hurt In The Financial Crisis?
MarketWatch – Caroline Baum: No, hurricanes are not good for the economy Yes, GDP may get a temporary boost from rebuilding, but there’s nothing positive about destruction Once the immediate danger of a natural disaster subsides, and the loss of life, property damage, cost of rebuilding, and degree of insurance coverage can be assessed, attention… Continue reading Hurricanes and GDP