Tag Archive: Featured

July Monthly preview

Many major and emerging central banks took action in June, but outside of possible technical adjustments will continue with the current supportive stance in July. The policy focus will shift back to fiscal initiatives. The highlights will be the EU Summit on July 12, which is considering the EC's 750 bln euro package of grants and loans, and the US decision regarding the $600 a week extra unemployment insurance (expiring at the end of July) and...

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Gold Outperforms All Assets In 2020 YTD as Enters Seasonal Sweet Spot of July, August and September

Source: Finiz.com ◆ Gold is the top performing asset in the world in the first half of 2020, outperforming all stock markets including the S&P 500 and the Nasdaq and outperforming “safe haven” U.S. government bonds (see table above).Gold had an 18% gain in dollars in the first half of 2020 as risk assets, especially stock markets, fell sharply with the S&P down 4.5% and other stock markets down more than 10% (see table). Gold gained...

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FX Daily, July 1: Second Verse Can’t be Worse than the First, Can it?

The resurgence of the contagion in the US has stopped or reversed an estimated 40% of the re-openings, but the appetite for risk has begun the second half on a firm note, helped by manufacturing PMIs that were above preliminary estimates or better than expected.  Except for Tokyo and Seoul, equities in the Asia Pacific region rose.  The MSCI Asia Pacific Index rose almost 15.5% in Q2. 

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SWISS slowly expands web of destinations from Zurich and Geneva

Swiss International Air Lines (SWISS) has published its flight schedules up to October 24, the end of the summer timetable. As well as resuming service to more network destinations, it plans to intensify its frequencies on routes already restored in both its short-haul and long-haul networks.

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What The PMIs Aren’t Really Saying, In China As Elsewhere

China’s PMI’s continue to impress despite the fact they continue to be wholly unimpressive. As with most economic numbers in today’s stock-focused obsessiveness, everything is judged solely by how much it “surprises.” Surprises who? Doesn’t matter; some faceless group of analysts and Economists whose short-term modeling has somehow become the very standard of performance.

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A Review of Stephanie Kelton’s The Deficit Myth

The good news is that Stephanie Kelton has written a book on MMT that is very readable and will strike many readers as persuasive and clever. The bad news is that Stephanie Kelton has written a book on MMT that is very readable and will strike many readers as persuasive and clever. Narrated by the author.  Original Article: "A Review of Stephanie Kelton’s The Deficit Myth".

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The COVID Crisis Supercharged the War on Cash

The corona crisis has already taken a very high toll and caused deep damage in our societies and our economies, the extent of which is yet to become apparent. We have seen its impact on productivity, on unemployment, on social cohesion and on political division. However, there is another very worrying trend that has been accelerated under the veil of fear and confusion that the pandemic has spread.

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FX Daily, June 30: When Primary is Secondary

The gains in US equities yesterday carried into Asia Pacific trading today, but the European investors did not get the memo. The Dow Jones Stoxx 600 is succumbing to selling pressure and giving back yesterday's gain.  Energy and financials are the biggest drags, while real estate and information technology sectors are firm.  All the markets had rallied in the Asia Pacific region, with the Nikkei and Australian equities leading with around 1.3%...

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Swiss Retail Sales, May 2020: 5.6 percent Nominal and 6.6 percent Real

Turnover adjusted for sales days and holidays rose in the retail sector by 5.6% in nominal terms in May 2020 compared with the previous year. Seasonally adjusted, nominal turnover rose by 30.2% compared with the previous month.

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Tally Weijl to close quarter of stores

Swiss fashion chain Tally Weijl will close 200 of its 800 stores internationally and withdraw completely from Bulgaria. In Switzerland, it will close between five and ten of its 81 stores. However, the company says it has secured financing.

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Cool Video: Forces Driving the Dollar and Downplaying Claims Sterling is an Emerging Market Currency

From my remote location in Ocean Grove (next to Asbury Park of Bruce Springstein fame), I joined Martin Soong and Sir Jegarajah for a brief interview as the Asia session was about to begin the new week. A three-minute clip of the interview can be found here.

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Dollar Begins the Week Under Pressure Again

The virus news stream remains negative; pressure on the dollar has resumed. The US economy is taking a step back just as Q3 is about to get under way; there are some minor US data reports today. UK Labour leader Starmer overtook Prime Minister Johnson in the latest opinion poll; Macron’s party did poorly in French local elections.

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Looking Ahead Through Japan

After the Diamond Princess cruise ship docked in Tokyo with tales seemingly spun from some sci-fi disaster movie, all eyes turned to Japan. Cruisers had boarded the vacation vessel in Yokohama on January 20 already knowing that there was something bad going on in China’s Wuhan. The big ship would head out anyway for a fourteen-day tour of Vietnam, Taiwan, and, yes, China.

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Vortrag & Fragen: Kapitalismus ist nicht das Problem, sondern die Lösung

Webseite zum Buch - https://kapitalismus-ist-nicht-das-problem.de/ Folgen Sie mir auf Twitter - https://mobile.twitter.com/rzitelmann Folgen Sie mir auf Facebook - https://www.facebook.com/r.zitelmann/ Folgen Sie mir auf Forbes.com - https://www.forbes.com/sites/rainerzitelmann/ Meine Homepage - http://www.rainer-zitelmann.de/

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David Brady: JP Morgan Positioned For Gold, Silver To Soar

David Brady: #JPMorgan Positioned For #Gold, #Silver To Soar With the #FederalReserve buying #ETFs and corporate #bonds, it's becoming more and more clear to the world that they’re never going to stop printing money. Which has placed a lot of pressure on the paper gold and silver markets. Of course one of the factors that many in the market follow closely is what mega-bank JP Morgan is doing. And #DavidBrady of #SprottMoney joined me on the show...

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Reich werden und bleiben – Interview mit Dr. Dr. Rainer Zitelmann

Die Webseite zum Buch - http://www.reichwerdenundbleiben.net/ Folgen Sie mir auf Twitter - https://mobile.twitter.com/rzitelmann Folgen Sie mir auf Facebook - https://www.facebook.com/r.zitelmann/ Lesen Sie meine Beiträge auf Forbes.com - https://www.forbes.com/sites/rainerzitelmann/ Meine Homepage - http://www.rainer-zitelmann.de/

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AxisOfEasy Salon #1: Hypernormalisation, Legitimacy and Simulacrum

The first episode in the AxisOfEasy Salon and Interviews series with the AoE Contributors: Charles Hugh Smith, Jesse Hirsh and Mark E. Jeftovic.

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2020 04 11 DC MarketReport

ZUM AKTUELLEN SEMINAR: https://daytradingcoach.de/cot-trading-seminar/

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Devisen100: Positionsgrößenbestimmung bei Forex Trades

Hier geht es zum 30-Tage-Test des Devisen100 Börsenbriefes: https://www.finanzen100.de/premium/forex-trading/ Link zum Tool für die Berechnung: https://daytradingcoach.de/produkt/forex-tool/ Der Währungshandel ist auch bei privaten Tradern sehr weit verbreitet. Grund ist oft die sehr hohe Liquidität sowie die Möglichkeit bereits mit relativ kleinen Konten sehr gut arbeiten zu können. Bei Aktien ist das nicht so. Jedoch ist die Berechnung der...

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Andy Moran and Dr. Alvia Wardlaw: A Collector Talk.

Featured in the exhibition were original works by Dr. John Biggers, Kermit Oliver, Carroll Harris Simms, Edsel Cramer, Joe Moran, Jade Cooper, Julian Joseph Kyle, and Earlie Hudnall. Houston collector Andy Moran, a bohemian retired investment banker and real estate investor, has deep ties with Texas Southern University, and a history of befriending talented artists. Many of the works in his art collection were acquired directly from the artists and...

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