Markets

by Chris Becker So what’s going on with oil? The West Texas Intermediate (WTI) price finished Friday higher in anticipation of an expected positive (well, negative really) outcome to this weeks OPEC meeting.

by Chris Becker Quick financial market knowledge – if you hear “the Dow Jones hit a record high today”, that’s NOT an indication that all US stocks lifted.

by Chris Becker The most important part of deciphering the circus that is the Trump Administration is not the schadenfreude and daily pointing of fingers and insane tweets (or leaked phone calls), but rather discerning the market and macro risk that it entails.

by Chris Becker Is the Bank of England going to join the Federal Reserve and hike rates this evening, Australian time, when it meets for its monthly meeting?

Crossposted from The Conversation Jay L.

A reminder today from Reuters on the perils of being a research analyst at a brokerage firm.

There are a number of elements to Trump’s tax plan.

All risk markets have and continue position themselves in preparation of a super fiscal boom emanating from the Republican controlled Congress in the first term of Donald Trumps Presidency.

There is a lot of sunshine and rainbows in economic stats recently: Morgan Stanley’s leading trade indicator: Consumer confidence is generally up in the US:     And in Europe:     With US construction still strong:   The dark clouds?

  by Chris Weston, IG Virtually every research house has a ‘buy’ or ‘outperform’ call on the US financial sector and most feel that if we are genuinely going to see better growth and inflation under a Trump administration then there is no better sector to own than financials.

My favourite Economist section, The Technology Quarterly recently came out with a focus on voice recognition.

by Chris Becker.

  by Chris Becker Outside of Australia, markets have been moving sideways and shuffling waiting for the monthly employment stats to be released tonight in the United States – the nonfarm payrolls or NFP.

Although most will consider this week’s monthly meeting of the Federal Reserve as a non-event, it must be reminded that it coincides with the two year anniversary of the second longest ever bull market in US stocks history.

An interesting divergence is occuring in stock markets as they reach ever higher levels, imbibed by helicopter money and/or century low interest rates, the ownership of those stocks is changing.

Is the bottom in?