Silver as an investment

Category Archives: Kevin Brady

US Futures Rebound After Disappointing Chinese, European Data

Yesterday’s sharp Chinese selloff is now a distant memory after the BTFDers emerged, and this morning U.S. equity futures are once again levitating as the FOMC begins its two-day policy meeting, following an uneventful BOJ announcement on Tuesday morning which left all QE parameters unchanged. Asian stocks traded mixed steady while European shares climb. The […]

S&P Futures Flat, Spain Rebounds, Nikkei Closes At 21 Year High

S&P500 futures point to a slightly lower open, as Asian stocks rise to trade near decade highs, with Japan’s Nikkei 225 closing at highest since 1996. European stocks are little changed, with Spanish shares gaining after Catalan President rows back from an immediate declaration of independence. MSCI's all-world stocks index briefly hit a fresh record […]

Global Bond Rout Accelerates Even As Dollar Rally Fizzles

In a continuation of trading patterns observed over the previous two days, on Thursday the global bond rout deepened in the aftermath of the release of President Trump’s tax-cut plan, Janet Yellen’s recent hawkish comments and renewed optimism over the health of the U.S. economy. While global stocks were mostly mixed as investors tried to […]

The “Trump Tax Plan” – Details & Analysis

Submitted by Lance Roberts of Real Investment Advice Almost a full year after the election of Donald Trump to the White House, one of the key promises made to voters was the largest “tax cut” since Ronald Reagan was in office. As President Trump stated in Indiana yesterday: “This is a revolutionary change, and the […]

A Frustrated Bank Of America Asks “What Could Go Wrong?”: Here Is Its Answer

For the past 3 months, Bank of America strategist David Woo has been warning that the market is precariously unbalanced, and as a result the smallest shift away from being “priced to perfection”, or spike in volatility, could lead to a waterfall event. As we first reported back in July, Woo first warned that between […]

Best Day For The Dollar Since January: Here’s Why

The Bloomberg dollar index has surged, rising as much as 0.8% higher against all G-10 peers, its biggest advance since Jan. 26, and is on track for its first weekly gain since early July. The move has been largely attributed to the “stronger-than-expected employment and wage gains”, although as several banks commented shortly after the […]

This Is The Nightmare Scenario For The GOP: A $2 Trillion Funding “Hole”

When one strips away the partisan rhetoric and posturing, the practical impact of Friday’s GOP failure to repeal Obamacare has a specific monetary impact: approximately $1 trillion. Since the ObamaCare repeal bill would have eliminated most of the 2010 health law’s taxes, this would have lowered by a similar amount the revenue baseline for tax […]

“It’s A Train Wreck”: Conservative Groups Slam GOP Healthcare Plan

As discussed earlier, the Obamacare repeal and replace effort, derisively called by some either "Obamacare Lite", "RyanCare", "ObamaCare 2.0",  and even Trumpcare". is running into major hurdles as prominent consevative groups threaten to derail Trump's broader economic agenda. While The Trump administration on Tuesday formally backed the House GOP's plan to repeal and replace ObamaCare, […]

Dow Hits 20,600 After Trump Hints At “Massive Tax Plan”

Trump did it again: one week after he promised to unveil “phenomenal” tax cuts, moments ago in his meeting with retail CEOs, who are meeting with the president to get him to kill the border adjustment tax idea, he pulled another OPEC, using the precise word the algos were looking for, and this time said […]

US Futures, Oil Flat As Greenback Rises Despite Mnuchin’s “Strong Dollar” Warning

US equity futures were flat, European stocks rose and Asia was mixed after the dollar posted a modest rebound overnight despite Mnuchin’s “strong dollar” comments, while oil was flat and gold fell, as investors focused on President Donald Trump’s plans to boost growth. The pound fell after a U.K. court ruled that Parliament must vote […]