The European Central Bank (ECB) met on September 8. The US Federal Reserve Bank’s Federal Open Market Committee (FOMC) meets on September 21, and the Bank of Japan (BOJ) holds its next Monetary Policy Meeting on September 20–21.
Markets are hanging on every pronouncement from the Fed, and rate hike expectations have repeatedly been pushed back. While many still expect the next move to be up, Gary Shilling, financial analyst and author of The Age of Deleveraging, tells Financial Sense that the Fed's next move...
Of the monthly data that I track, 46% are trending negative compared to 62% last month. Of the quarterly data, 67% is trending worse. The chart below shows my Investment Indicator for the average of the Technology and Financial corrections...
A critical concern for investors remains the extent to which asset price appreciation depends on easier financial conditions, in the absence of convincing evidence that the fundamental corporate profit backdrop is to reaccelerate.
It ain't working. Eight years after the outbreak of the financial crisis, central bank chiefs suggest they have saved the world but have they done so? We argue central banks have become part of the problem, not the solution.
Brian Reynolds, Chief Market Strategist at New Albion Partners, argues that the current credit-led bull market in the US will likely last for several more years, even outpacing the 1990s bull market culminating in the tech bubble, as severely underfunded pension funds...
The past year has seen its fair share of worries. From the China slowdown to the Brexit, successive waves of overseas fear have rolled onto our shores since 2015, yet none of them were the Tsunamis the bears had predicted.
What makes me think the economy is slowing? Because that’s what corporate America is saying. We know that there’s an industrial recession going on… even if we remove those commodity impacted sectors like materials.
As a general rule of thumb concerning Big Oil and heated presidential elections, the US oil and gas sector routinely donates to the Republican candidates, leaving the “greener” Democratic candidates out in the cold.
Now that the US is a neoliberal selfie society, we have the worst of all possible worlds in terms of a failed, doomed democracy. Each individual's liberty to do whatever you want, be whatever you want, go wherever you want, etc.