Posts By: xcite

Week & Year in Review

Last week was fairly uneventful with markets experiencing light trade as Christmas ended the week. Here is a review of last week’s data as well as a broad look at 2015. Not much happened in 2015: Greece defaults, Plummeting oil prices, China’s softening economy, Iran trade deal, Manufacturing entered contraction,…
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More of The Same?

Happy New Year! The markets ended the year the same way the spent most of it, with a sputter. The Christmas bump occurred, then in light trade the week following saw modest losses. US The S&P 500 lost 0.82% on the week leaving it at -0.73% for the year. The…
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2015 Hangover

The year started with a screaming market… Just screaming in the wrong direction… That screaming has left us looking for some Advil and volatility under 20. US The week began with weak data out of China and falling oil prices. The market response was decidedly bearish as the S&P 500…
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Persistent Pessimism

Week two of the year led to much of the same from week one. The sky is still falling in China and barrels of oil litter everyone’s living rooms… You get the point. There appears to be an abundance of attention at the start of the year towards a very…
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Balancing Act

Markets started the week as they had the prior 2 weeks… Plummeting oil, and continued turbulence out of China. Halfway through the week, markets turned and gave us our first back-to-back gains for 2016. US Data Data was mixed on the week[1]: Building Permits, -3.9%, down from 11% Core CPI, 2.1%…
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Et Tu, Kuroda?

Markets were buoyed on Friday by a Bank of Japan (BOJ) decision to move interest rates into negative territory. While a surprise and a signal of central banks growing aggressiveness in the face of a weakening global economy, this move should not be something that moves US markets north. The…
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The Black Dove

The strong jobs report on Friday sent the markets into a tail spin. It increased the likelihood of the Federal Reserve Board (FRB) staying the course. As the job market strengthens, it affirms the current course the FRB is on to tighten interest rates. This course is driven by the…
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2008: Financial Supernova

Everyone felt the pain of 2008, however, the long term effects of the financial crisis may only now be coming into focus… Financial markets have behaved much like the life cycle of a Supergiant Star: Disclaimer, I am in finance not astronomy… Nebula (Molecular cloud) compressing on itself to form…
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Just Below The Surface

For months now we have watched plummeting oil prices make inflation less and less of a concern. Has it turned the corner and created a scary situation for the Federal Reserve Board (FRB) that they need to address? No, but it does appear that it will be coming sometime in…
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The Big Bank Cut

The big bank environment has been marred by ‘too big to fail’ and now the very process that saved our financial system may begin the downfall of large national banks. Two fronts are now threatening the ‘big bank’ as it sits today. First, persistent low interest rates and second, the…
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