Conventional wisdom says that competition is usually a good thing for customers as it keeps companies from raising prices and encourages them to improve their product. There can be too much of a good thing, however, especially when exclusivity comes in…
Considering its pleasant climate, sandy beaches and culturally rich cities, it’s no surprise that Spain is one of the most popular travel destinations in the world. As such, the country has come to rely heavily on tourism economically, making it partic…
As of this morning, the ES fucutures, representing the broad big cap US market, are at a price level it first reached on December 4. Reminds me of the old stock market adage, up the escalator, down the elevator.
One day, we’re gonna get the shaft.
Without the elevator cab.
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
The rise in housing prices continues to outpace the increase in wages across many parts of the world. For many cities, modest gains made in median yearly wages have been overshadowed by significantly higher increases in the cost of housing for the year…
Electric vehicles are quickly gaining traction in automotive markets around the world, with many countries expected to have the cleaner battery fueled cars outpace their traditional fossil fuel counterparts in sales in the very near future. New car com…
I think that if there’s anything that illustrates the head in the sand problem of the banks, it’s this. Commercial real estate (CRE) finance. There’s a monster in the room. All that empty room.
As promised some views and chart perspectives on the upcoming year of 2021. I’m titling this 2021: The Alternative View simply because Wall Street consensus is again entirely bullish for 2021 driven […]
The cycle low is confirmed and we have new upside projections.
We bears may consider it morally wrong and repugnant, but greed is good, ergo…
Here we go again at 5 AM ET.
The ES has hit uptrend channel resistance, but this chart shows why there’s more to come.