Silver as an investment

Category Archives: NFIB

Global Stocks Tumble, Asia Plunges On Chinese Commodity Carnage

The euphoria of the past month has ended with a thud and BTFDers are strangely missing as the commodity chill out of China (which overnight became full blown carnage), has unleashed a global risk-off phase ahead of today’s critical CPI data, resulting in broad and sharp selling across global markets, as European stocks followed declines […]

Global Stocks Hit Another Record High, Ignore Slowing Chinese Trade

Following a sleepy overnight session, US futures are flat as are markets in Europe, while Asian stocks rose despite overnight trade data from China which unexpectedly missed across the board. As reported last night, Chinese export growth was the slowest since February while Import growth the weakest since Dec 2016, as both missed consensus estimtes. […]

“The Day Of The Dovish Hike?”

The paradox continues: on one hand stocks continue to anticipate a reflating economy, with S&P futures hitting a new all time high overnight; on the other hand, the weaker dollar and especially Treasury yields are increasingly worried that today’s rate hike, the 4th in the past decade, will be another policy error, leading to more […]

“FOMC Drift” In Full Effect As Global Stocks Rise; S&P Futures Hit New Record; Oil Slides

With last Friday’s “tech wreck” now a distant memory, this morning the “FOMC Drift” described yesterday, which “guarantees” higher stock prices and a lower dollar heading into the Fed announcement is in full effect, with European and Asian stocks rising for a second day, led by rebounding tech shares, while S&P futures are modestly in […]

Traders “Swoop” On Stocks, Oil Rises For 8th Day But Bonds Still Don’t Buy It

S&P futures are unchanged and Asian stocks closed mixed, however European stocks rebounded for first time this week, led by auto stocks after Daimler’s quarterly profit, as a break in alarming political news prompted traders to “swoop” – as Reuters puts it – on equities, cooling a safe-haven rally that saw the yen and gold […]

Global Stocks Rise, S&P Futs Flat As Dollar Rebounds Ahead Of Critical Week For Markets

European bourses advance and Asian share rose led by a surge in Hong Kong stocks which rose the most in three months as Japan hit 15 month highs. U.S. futures are little changed along while the dollar rebounded from session lows after Friday’s selloff. Crude oil has continued its retreat, down 0.2% and sliding for […]

Global Stocks Rise, S&P Futures Make New Record Highs As “Trump Trade” Euphoria Returns

European and Asian stocks, S&P futures, bond yields, the dollar and commodity metals are rose, in some cases making new all time highs, lifted by the latest reemergence of the “Trump trades” as hopeful investors once again bet that the U.S. president’s tax reform plans will boost economic growth and corporate profits, despite another warning […]

Key Events In The Coming Week: All Eyes On Trump

The main economic release this week is US retail sales, ECB minutes and a series of Chinese economic releases. There are several scheduled speaking engagements from Fed officials this week, including a webcast address by Chair Yellen on Thursday. However, the highlight of the upcoming first full week of 2017 might well be President-elect Trump’s […]

Despite Post-Election Spike In Optimism, Small Business Owners Have Never Been More ‘Uncertain’

Small Business Optimism was "basically unchanged from October's reading up to the point of the election and then rose dramatically after the results of the election were known," according to NFIB chief economist Bill Dunkelberg. In fact the surge was the sharpest since 2009 as the balance of those who thought business conditions would improve […]

Global Stocks Pressured By Weak Earnings, Rate Hike Concerns; Pound Jumps

Global stocks are pressured this morning after a plunge in the Thai stock market and currency on concerns about the king’s health and Fed hikes coupled with some more bad news out of Samsung which cut profit estimates by a third, while European stocks are suffering after Swedish telecom giant Ericsson issued a profit warning, […]