admin March 9, 2019

Every trader’s secret wish is to be psychic. If we could only know in advance whether the market was going to go up or down. Well, good luck trying to predict next year’s return—or even just tomorrow’s. But surprisingly, there are several recognized methods for projecting the S&P 500’s […]

admin March 9, 2019

Fixes which textbook Rep. Porter used in the hearing. Bloomberg Kathleen Kraninger, director of the Consumer Financial Protection Bureau (CFPB), waits to begin a House Financial Services Committee hearing. It’s not every day that members of Congress pull out textbooks during hearings, but that didn’t stop Rep. Katie Porter from whipping hers out at […]

admin March 8, 2019

MarketWatch photo illustration/iStockphoto The short squeeze that, in part, propelled popular tech stocks higher this year is over. Thus, prudent investors should pay attention to the dichotomy that is developing now. The dichotomy is the interesting contrast between smart money flows and momo (momentum) crowd money flows. Money flows represent the final actions […]

admin March 8, 2019

FOR A COUNTRY that is regularly accused of manipulating its statistics, China is remarkably diligent about collecting them. The government has dispatched two million boffins to visit companies, stores and even street stalls in the first few months of this year, as part of a new national economic census. Ads plastered on billboards implore people […]

admin March 8, 2019

It’s probably a good thing that the 10 -year anniversary of that S&P 500 nadir falls on a Saturday, given the extra gloom seen on Friday—compounded by China exports and German factory orders tanking. Of course, any doubts we had about how dire things are looking in Europe all but vanished Thursday as the ECB […]

admin March 8, 2019

ONE BLACKFRIARS soars into the sky from the south bank of the River Thames, announcing its presence to central London. The new 50-storey tower contains 274 luxury flats that range in value from a merely expensive £1m ($1.3m) to an eye-watering £15m. Thanks to its distinctive midriff the building has been nicknamed “The Tummy” by […]

admin March 8, 2019

WHEN LSE Group, the parent company of the London Stock Exchange, Europe’s largest, released its 2018 annual results on March 1st, there was an elephant on the trading floor. During the hour-long earnings call, LSE’s boss, David Schwimmer, mentioned Brexit just eight times. Six of those occasions came after slide 28. Mr Schwimmer need not […]