Tag Archive: Markets

Weekly Market Pulse: Look Up In The Sky! It’s A UFO! Or Not!

2023-02-13

As I sit here writing this Sunday afternoon, the US has just shot down a third UFO in the last 3 days in addition to the Chinese “weather” balloon last week. I have no insight into what these things might be but I do wonder if we haven’t declared war on the National Weather Service. The federal government has become so sprawling that it could easily be the case that NORAD has no idea what the NWS has up in the air.

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Weekly Market Pulse: Happy Days Are Here Again!

2023-02-07

by Joseph Y. Calhoun

2023-02-07

Your cares and troubles are gone There’ll be no more from now on! Happy days are here again! The skies above are clear again Let us sing a song of cheer again Happy days are here again! Lyrics: Jack Yellen, Music: Milton Ager That’s certainly how it’s felt since the turn of the new year with the NASDAQ up nearly 15%, European stocks continuing to recover, emerging markets anticipating a Chinese recovery and a solid January for the S&P...

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Weekly Market Pulse: First, Kill All The Speculators

2023-01-31

by Joseph Y. Calhoun

2023-01-31

The Fed meets this week and is widely expected to raise the Fed Funds rate by 0.25% to a range of 4.5% – 4.75%. The market has factored in a small probability that they do nothing and leave rates alone, but they’ll probably do what’s expected because they’ve spent the last couple of months preparing the markets for exactly this outcome.

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Weekly Market Pulse: A Fatal Conceit

2023-01-24

by Joseph Y. Calhoun

2023-01-24

Inflation* in the US is falling rapidly with the CPI rising just 0.9% in the second half of 2022 versus 5.4% in the first six months. Existing home sales are down 14.6% in the last 3 months and 34% over the last year. Housing starts are down 22% and permits are down 30% year-over-year. Orders for durable goods are down 1.2%, exports are down 3.8%, and imports are down 4.3% over the last 3 months.

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Here are three things you can learn from the Fed

2023-01-13

by Stephen Flood

2023-01-13

Anyone who has decided to buy gold, or follows the gold price will be aware of how powerful the US Federal Reserve is. This year the Federal Reserve will turn 110 years old, only in recent years is dollar hegemony appearing to falter. Below we look at the central bank’s origins and three lessons we can learn from the history of the world’s most powerful bank, in order to help our investment decisions in 2023.

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How To Design Corporate Budget For A Growing Company

2023-01-09

by Blog Management

2023-01-09

The success of a business organization depends, to quite an extent, on the planning of resources. This planning keeps the business way above others. Budgeting, therefore, becomes a critical aspect of accounting. However, please keep in mind that financial planning in business is steeped in challenges because of the economic turmoil.

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Weekly Market Pulse: The Consensus Will Be Wrong

2023-01-09

by Joseph Y. Calhoun

2023-01-09

What’s your outlook for this year? I’ve heard that question repeatedly over the last month and if you’re reading this hoping I’ll let you have a peak at my crystal ball, you’re going to be disappointed. Because I don’t have a crystal ball and neither, I hasten to add, does anyone else in this business.

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Great News! Consumer Sentiment Is Awful!

2023-01-04

by Joseph Y. Calhoun

2023-01-04

I don’t know how many times I’ve seen blog posts or articles or Tweets about negative consumer sentiment over the last year. These articles rightly point out that the University of Michigan consumer sentiment survey is sitting near (or at a few months ago) 50 year lows. This fact is taken as a negative for the economy and therefore stocks.

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Weekly Market Pulse: Happy Holidays

2022-12-20

by Marcelo Perez

2022-12-20

We received a host of economics reports this past week; some good, others not so much. The week started with the Consumer Price Index report coming in better than expected at an increase of just 0.1% from the previous month (7.1% from a year ago), compared with respective estimates of 0.3% and 7.3%.

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Weekly Market Pulse: Envy

2022-12-12

by Marcelo Perez

2022-12-12

Legendary investor and Berkshire Hathaway vice-chair Charles Munger recently stated: “The world is not driven by greed.

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Ep 50 – Brent Johnson: Has the Dollar Milkshake Spilled or Just Begun?

2022-12-06

by Monetary Metals

2022-12-06

Is the dollar heading to new heights or new lows? Brent Johnson of Santiago Capital joins the Gold Exchange Podcast LIVE in New Orleans! Listen to Brent discuss the historic rise of the DXY, the effects on (d)emerging markets, and how he sees a currency and sovereign debt crisis playing out. Will Powell be able to solve Triffin’s Dilemma?

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Weekly Market Pulse: Currency Illusion

2022-11-28

by Joseph Y. Calhoun

2022-11-28

When we think about the challenges facing an investor today, the big problems, the things we worry about that could cause a lot more harm than some interest rate hikes, are mostly outside the United States. China is prominent this weekend because of demonstrations against their zero COVID policies. The Chinese people appear to be pretty well fed up with the endless lockdowns and have finally decided to try and do something about it. Unfortunately,...

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Weekly Market Pulse: Good News, Bad News

2022-11-14

by Joseph Y. Calhoun

2022-11-14

One thing I can tell you for certain about last week’s big rally on Thursday and Friday: there were a lot of people who desperately wanted a good excuse to buy stocks. And buy they did after a better-than-expected CPI report Thursday morning, pushing the S&P 500 up nearly 6% on the week with all of that coming on Thursday and Friday.

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The Cleanest Dirty Shirt

2022-10-28

by Stephen Brennan

2022-10-28

It’s easy to overestimate the problems the United States faces while underestimating its strengths. The challenges are certainly significant. Politics have seldom been so divisive. The government is running an annual deficit of over a trillion dollars, with a total debt many times that. Inflation has spiked. The Fed has been hiking interest rates at a pace that could imperil the economy.

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SPECIAL REPORT: Follow The Money Series – Dawn Of A New Era

2022-10-25

by Joseph Y. Calhoun

2022-10-25

With inflation recently hitting a high not seen since 1981, it is now apparent that the factors that drove the disinflation trend of the last four decades are coming to an end. Globalization and demographics, the two big factors that combined to hold down prices and wages for so long, are reversing, and so too is the downtrend in prices, wages, and interest rates.

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Weekly Market Pulse: Did Powell Just Blink?

2022-10-24

by Joseph Y. Calhoun

2022-10-24

Did Jerome Powell blink last Friday? It was just before the market open Friday and interest rates were jumping higher, as they had all week. The 10-year Treasury yield was up to 4.33%, another 11 basis points higher than the previous close and 32 basis points higher than the previous week’s close.

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Market Currents: Fed Confusion

2022-10-20

by Bob Williams

2022-10-20

The Federal Reserve seems confused about its role in inflation and unemployment. Alhambra’s Steve Brennan and Joe Calhoun discuss it.

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Weekly Market Pulse: Just A Little Volatility

2022-10-17

by Joseph Y. Calhoun

2022-10-17

Markets were rather volatile last week. That’s a wild understatement and what passes for sarcasm in the investment business. Stocks started the week waiting with bated (baited?) breath for the inflation reports of the week. It isn’t surprising that the market is focused firmly on the rear view mirror for clues about the future since Jerome Powell has made it plain that is his plan, goofy as it is.

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Weekly Market Pulse: The Real Reason The Fed Should Pause

2022-10-11

by Joseph Y. Calhoun

2022-10-11

The Federal Reserve has been on a mission lately to make sure everyone knows they are serious about killing the inflation they created. Over the last two weeks, Federal Reserve officials delivered 37 speeches, all of the speakers competing to see who could be the most hawkish.

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