Posts By: xcite

Low Rates for Long???

Interest Rates as of 8/29/2014, www.oppenheimerfunds.com Recently we have seen the S&P 500 cross 2000 points, the Dow Jones at record highs, and domestic GDP at 4.2%.  Typically all signaling a strong risk-on environment.  If I had been in the dark to interest rates year to date, this data alone…
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Irrational Exuberance

Stock prices have risen without a meaningful correction (in excess of 10%) for over 2 years.  Have stock prices grown to a level where irrational exuberance could spell a correction or even worse in the near future? A term made popular by then Federal Reserve Board (FRB) chair, Alan Greenspan,…
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Economic Catch 22…

Over the last several years the US economy has strengthened on the back of the consumer.  Is it possible that very strength could hold back going forward? Services and Manufacturing indexes have expanded consistently over the last year.  Retail sales have continually expanded and the consumer has stood strong and…
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Inflation 6 Pack

Consumer Price Indices (CPI) for several countries were released last week.  CPI for the US softened, but with recent volatility in energy prices we can look at Core CPI for an indication of real adjustments in price. CPI and Core CPI are both very important inflation indicators released monthly.  The…
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Cheeseburger in Canada

As many of you have heard by now, Burger King is moving north of the border.  This was a strategic move not for business purposes, but rather from a tax stand point.  The US took strides last week to make moves like this (tax inversions) more difficult. So what is…
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Volatility Shift

Over the summer volatility hit lows in the 10’s, but over the last several weeks volatility has started to make a resurgence. On the surface it does not seem like good news, however, volatility averages are over 20 and this means we are reverting back towards norms. That could be…
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Unlucky Number 7???

Over the last 2 years the market has pulled back 7% on three separate occasions.  Each time it appeared the market was heading for correction territory (10% or more), just to shift direction and come roaring back.  Evaluating each of these moves in the market may give us insight into…
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Consumer Rise on Oil’s Demise?

Over the last 4 months oil has shed over 30%!  That results in lower costs at the pump, fatter wallets, and busier buyers…  Just in time for the holiday season.  Today we will review what has been happening with oil, housing, and inflation. Oil Not too long ago oil, and…
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Trick or Treat?

It’s time for my kids to go out and get me… I mean, themselves some candy.  My 2nd favorite holiday gets underway with the stock market giving us a pre-Halloween treat or is it merely a trick and the correction will continue? The reason for the question is that the…
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Goodbye QE???

Through three doses of quantitative easing the Federal Reserve balance sheet has become extremely bloated; expanding roughly 500% since 2008…  Quantitative Easing comes to a close over the next couple of weeks, but this may not be the last we see this program. Interest rate activity over economic cycles will…
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