General Electric plunged the other week on damaging allegations. You may remember Harry Markopolos claimed the company was hiding its financial problems and would need to significantly raise insurance reserves. “My team has spent the past 7 months analyzing GE’s accounting and we believe the $38 Billion in fraud we’ve come across is merely the…
DetailsSo much for cooling trade tensions. Days after China said they would not retaliate, they retaliated. All after President Trump followed through with his promise to tack on 15% in tariffs on $110 billion worth of imports. In fact, China responded by rolling out higher tariffs in stages on nearly $75 billion worth of U.S.…
DetailsFear was back in a big, big way in August 2019. Markets were lower across the boards thanks to falling bond yields. In fact, by late August 2019, the 10-year yield of 1.463% fell below the two-year’s yield of 1.51%. That, of course, raised concerns about the health of the U.S. economy, and is seen as…
DetailsCrude oil has been a fickle trade. Over the last few weeks, it’s been showing signs of weakness as volatility shot higher on trade war, and recess fears. However, oil is again showing signs of life thanks to a bigger than expected draw of supply inventories. A Bigger Than Expected Draw The Energy Information Administration…
DetailsWall Street’s make or break moment in just days away. In fact, later this week, Federal Reserve chairman Jerome Powell will deliver his remarks at the Jackson Hole Symposium. Should he fail to address the stock market’s wild swings, the bond yield inversion, or hint at deeper cuts, some analysts believe the reaction could be…
DetailsWall Street’s make or break moment in just days away. In fact, later this week, Federal Reserve chairman Jerome Powell will deliver his remarks at the Jackson Hole Symposium. Should he fail to address the stock market’s wild swings, the bond yield inversion, or hint at deeper cuts, some analysts believe the reaction could be…
DetailsThere’s a collective sigh of relief in the markets. Days after Trump threatened to cut off Huawei on August 19, 2019, he’s changed his tune. In fact, the Trump Administration just extended a reprieve to Huawei, allowing it to buy supplies from US companies so that it can continue servicing existing customers. An extension will…
DetailsApparently, a yield curve inversion is no match for the U.S consumer. A day after markets plunged on a 2/10 yield inversion, markets are finding reason to rally thanks to the U.S. consumer and rising productivity. For one, U.S. productivity rose at a healthy 2.3% annual clip in the second quarter, which could lead to…
DetailsMarkets went off the rails again in August 2019. At the time. the 10-year Treasury bond yield slipped to 1.627%, which was below the 1.632% yield on the 2-year. That was the first time that’s happened since 2007. Even the yield on the 30-year bond just fell to an all-time low of 2.02%, which was…
DetailsThe fear in the market is palpable. The trade war is only intensifying with no real signs of cooling prior to 2020. Herd instincts are kicking into overdrive over the trade war, and fears of a global recession. And from the look of futures this morning, investors are running scared. Top Analysts are Raising the…
DetailsThis market has been one of the most bizarre on record. One day, we’re down 800 points. The next day we’re up 100 points. Then, we see another 500-point pullback the next with an intraday recovery. That’s all happening because of the trade war issues, China’s currency, and the falling 10-year Treasury. While markets have…
DetailsOn September 1, 2019, the U.S. will be “putting a small additional tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our country,” tweeted President Donald Trump. “We look forward to continuing our positive dialogue with China on a comprehensive Trade Deal, and feel that the future between our…
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