Is the Fed’s monetary tightening about over? Maybe, maybe not but there does seem to be some disagreement between Jerome Powell and his Vice Chair, Richard Clarida. Powell said just a little over a month ago that the Fed Funds rate was still “a long way from neutral” and that...
I have been a fan of Japan as an investment for quite a while now. Shinzo Abe's economic reforms are, for now, paying large dividends. There are questions of course about monetary policy as implemented by the inventors of Quantitative Easing, taking monetary policy where it has rarely been....
Japan's stock market hasn't done much this year - the Nikkei is up about 4% YTD - but you can't blame that on poor corporate earnings growth. Earnings for the Nikkei are up about 30% year over year and profit margins are hitting new highs (from the FT):
Shinzo Abe...
The EU Commission's measure of economic sentiment (ESI) continued to edge down in September. At 110.9, the index was 0.7 points short of its unrevised August reading and at its lowest level since June last year. The gauge has fallen every month so far in 2018.
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Elon Musk's lack of self control has finally bought Tesla a real problem. Does Tesla survive without Musk? That's a harder question to answer than it seems at first blush. The stock price is intimately intertwined with the aura of Elon Musk. Without him, Tesla is just a money...
The headline says up 4.5% but that was almost entirely due to a surge in aircraft orders. Ex-transportation, orders were up just 0.1% and core capital goods were down after three straight up months.
Read the rest at Econoday
Alhambra CEO Joe Calhoun talks about investor psychology toward current markets and how investor foibles never change. He also discusses the uptrend in the 10-Year Treasury and the Dollar.
Alhambra CEO Joe Calhoun discusses the Russian invasion of Ukraine, the global economic impact and possibilities, and whether you should get out of foreign investments.
Alhambra CEO Joe Calhoun talks about investors who sold out at the market low this summer, why you need strategy and tactics in your investment plan, and the current state of stocks, bonds, and possible recession.