Trading | September 26

Following existing home sales disappointment, hope was once again high for a bounce in new home sales in August but once again disappointed with a 629k print (up from a revised 608k), but missed expectations of 630k. While the sales gain

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Trading | September 26

Yesterday, one day ahead of the Fed’s rate hike decision (and first Clarida dot, and first 2021 forecast, and potential revision of the “remains accommodative” language), we highlighted something that had generally fallen through the cracks of market punditry: namely, not

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Trading | September 26

Yet another surprise crude build reported by API sent WTI lower overnight, and held below $72 ahead of DOE data (which was expected to show a build). “Exports are up and I don’t think production is going anywhere – it’s going

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Trading | September 26

Authored by Michael Lebowitz via RealInvestmentAdvice.com, If all goes well for nine more months, the post-financial crisis economic expansion will become the longest economic expansion in recent U.S. history. The U.S. stock markets are also on a tear, having just become

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Trading | September 26

The odds that Brett Kavanaugh will be confirmed to the Supreme Court are suddenly surging, one day ahead of a much anticipated hearing in which Washington, Wall Street and just about everyone else will tune in to hear the SCOTUS candidate

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Trading | September 26

In his latest note released this morning, JPM’s head quant, Marko Kolanovic, reiterates his recent tactical call that the “unprecedented outperformance” of US equities vs. the rest of the world is over, and again recommends “gradually tilting towards Emerging Markets”, a

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Trading | September 25

Via SchiffGold.com, The Dow Jones pushed into record-high territory again late last week. As Peter Schiff pointed out in his latest podcast, Pres. Trump was out there pointing out the record run on Wall Street and claiming responsibility for this bull

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Trading | September 25

One year after President Trump angered both allies and foes alike when he threatened to annihilate North Korea during a speech at the UN General Assembly, Trump was expected to adopt a more measured tone this year that will nonetheless stress

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Trading | September 25

Authored by Tsvetana Paraskova via Oilprice.com, Plunging Canadian prices have been depressing oil producers’ realized prices and revenues, even though the U.S. benchmark and the international Brent Crude prices have rallied year to date. But it’s not only oil sands producers

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Trading | September 25

Just days after a scandal involving Germany’s top spy threatened to tear apart Angela Merkel coalition, moments ago Germany’s chancellor suffered another major blow to her reputation, when her ally, and preferred candidate for Bundestag Caucus Leader, Volker Kauder was unexpectedly

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