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Where There's A Will There's a Way

Michael Farr | Posted 11.24.2015 | Business
Michael Farr

If the full extent of the budgetary problems are not well understood, how can we be in a position to address the problems?

Two Thousand Dollar Thursday - Futures Profits While We Wait

Phil Davis | Posted 11.12.2015 | Business
Phil Davis

Who says cash can't be fun?   Yesterday, in the morning post, I noted the weak volume rally was a good shorting opportunity in the Futu...

Spooky Markets: October's 10% Gains May Lead to November Pains

Phil Davis | Posted 10.30.2015 | Business
Phil Davis

There's still plenty to worry about. Despite one of the best months ever for stock market bulls, these stimulus-driven rallies do not tend t...

GDPhursday -- Fed Thrill Ride Continues

Phil Davis | Posted 10.29.2015 | Business
Phil Davis

It's wonderful to be able to take advantage of silly market moves after hours. Have you ever read something in the paper and wished you could place a trade but the markets are closed? Futures trading fixes that problem.

Wednesday Worries: Will a Surprise Fed Rate Hike Spook the Markets?

Phil Davis | Posted 10.28.2015 | Business
Phil Davis

I'm still the only one expecting this. The markets are near record highs, China has a 6.9% GDP (our less than exciting GDP report comes out ...

Monday Market Preview: Earnings Season Begins

Phil Davis | Posted 10.12.2015 | Business
Phil Davis

Well, at least the expectations are low now. As you can see from the chart on the right, earnings have been revised down 30% in the past week (f...

Faltering Thursday -- Fearing Fed's Forthcoming Failure

Phil Davis | Posted 09.17.2015 | Business
Phil Davis

This stuff isn't complicated folks, we read the news and, when we think we know what's going to happen next AND we can see an opportunity to make a nice trade to take advantage of it -- we go for it.

TGIF! Thank God We're in CASH!!!

Phil Davis | Posted 09.11.2015 | Business
Phil Davis

As investor pessimism spreads to the smaller developing economies, capital outflows are deepening. Exchange-traded funds that invest in emerging markets recorded withdrawals of $1.65Bn in the week ended Sept 4th, the 10th week of outflows.

This Is the Right Time for Higher Interest Rates: Nothing to Be Afraid of

Georges Ugeux | Posted 08.28.2015 | Business
Georges Ugeux

We have had enough of those policies that favor markets and financial institutions to the detriment of the rest of the economy. The Federal Reserve has been waiting too long to correct the current abnormal situation. The IMF is wrong to encourage it to do so.

Who Are the Suckers?

Daniel P. Collins | Posted 08.26.2015 | Business
Daniel P. Collins

On the face of it there was nothing extraordinary about various market experts expressing bearish opinions on the market.

Uncertainty Intensifies

Michael Farr | Posted 08.13.2015 | Business
Michael Farr

China's move to devalue its currency caught the markets somewhat by surprise. As a result, there has been a lot of speculation surrounding both the reasons behind the move as well as the implications of the move.

Confusion Reigns

Michael Farr | Posted 08.06.2015 | Business
Michael Farr

Economic data and financial-asset prices don't always paint the same picture about the health of the economy.

The Fed Just Inched Closer To Raising Interest Rates

The Huffington Post | Daniel Marans | Posted 07.29.2015 | Business

The Federal Reserve announced on Wednesday that it will keep interest rates at or near zero for now, but implied it would soon raise them, alarming l...

Federal Reserve Accidentally Leaks Secret Documents

Reuters | Andrew Hart | Posted 07.24.2015 | Business

By Jason Lange and Howard Schneider WASHINGTON, July 24 (Reuters) - Staff economists at the Federal Reserve expect a quarter-point U.S. interest rate...

Has the Chinese Market Finished "Correcting"?

Michael Farr | Posted 07.14.2015 | Business
Michael Farr

All things considered, the major equity markets of the world have been fairly orderly for the past year and a half. That is, all except the Chinese market.

Riding a Growth Wave

Michael Farr | Posted 06.25.2015 | Business
Michael Farr

It is still early days for the American newfound interest in health and wellness, but as organics only make up 5 percent of total food sales I think the industry has a long runway of growth ahead.

Daniel Marans

In Wake Of Jobs Numbers, Economists Warn Against Fed Rate Hike | Daniel Marans | Posted 06.08.2015 | Politics

The May jobs numbers are being hailed by many analysts as evidence that the job market is growing at a healthy pace and the Federal Reserve should soo...

Irrational Exuberance?

Michael Farr | Posted 05.22.2015 | Business
Michael Farr

I've stated repeatedly that a massive amount of stimulus has been required to generate GDP growth of just 2.0%-2.5% annually since the end of the Great Recession (June 2009). We have further said that the removal or reversal of some of these stimulants will be a tough hurdle for the economy to overcome.

Poking Holes in the Strong-Dollar Thesis

Michael Farr | Posted 05.11.2015 | Business
Michael Farr

The dollar began its ascent against other major world currencies in mid-2014. The move higher was fast and furious, but the greenback ran into some resistance beginning in the middle of March.

Fed Near the Cliff

Michael Farr | Posted 06.09.2015 | Business
Michael Farr

The incessant parsing and analysis of each and every Fed utterance is becoming quite comical. God love Steve Liesman and Mark Zandi, but are they really adding much value by trying to read between the lines of each statement from each Fed member?

On the Great Inflation Canard

Steve H. Hanke | Posted 06.02.2015 | World
Steve H. Hanke

Recall that the world of that era was one in which the fixed exchange rates ruled the roost. That's not today's world. Indeed, many important currencies now float. Since the world adopted a flexible exchange-rate "non-system", changes in inflation can strike like a lightning bolt.

Why Do Interest Rates Keep Decreasing?

Michael Farr | Posted 05.27.2015 | Business
Michael Farr

The market's response to Wednesday's economic data was somewhat perplexing at first blush.

The Fed Threatens To Raise Interest Rates, Which Could Be A Big Mistake

The Huffington Post | Mark Gongloff | Posted 03.18.2015 | Business

The Federal Reserve has lost its patience with interest rates. Let's hope it doesn't lose the economy in the process.

Jason Linkins

So That Happened: With Iran Letter, GOP Senators Basically Say 'Don't Trust America' | Jason Linkins | Posted 03.14.2015 | Politics

So, that happened. This week, Iranian leaders got a letter, authored by Sen. Tom Cotton (R-Ark.) and signed by 46 other Republican senators, in which ...

Zach Carter

Top Federal Reserve Watchdog Recently Reopened Stalled Inquiry Over 2012 Leak | Zach Carter | Posted 03.12.2015 | Politics

WASHINGTON -- The independent investigator who oversees the Federal Reserve recently reopened what had been a failed investigation to determine the so...