August 3 2018 Market Minute
August 3, 2018
Super Central Bank (SCB) Update The Bank of England (BOE), Reserve Bank of India (RBI), and Czech National Bank (CNB) all raised its interest rates this week. For the BOE this is its highest level, “.75%”, since the financial crisis ended. RBI has raised twice this year and now stands at 6.5%. CNB has raised […]
July 20th 2018 Market Minute
July 20, 2018
Relatively quiet week for world markets. US Equity indices were mostly positive. US Treasury yields rose slightly with the 10 Year US Treasury rising from 2.85% to 2.89% and the 30 Year US Treasury rising from 2.96% to 3.03%. Crude Oil maintained it’s level in the high $60’s, closing at $68.14. Source: Thompson One Financial […]
July 13th 2018 Market Minute
July 13, 2018
The Russell 2000 (1,708) and NASDAQ Composite (7,825) both hit an all time high again this week. Crude Oil (Sweet) ,$69.59, dropped back below $70 for the first time since June 26th 2018. US Treasury Yields were mostly unchanged from last week. Gold closed at $1,241 per ounce. Gold is well off its 2018 high […]
July 5th 2018 Market Minute
July 5, 2018
Crude Oil, (Sweet), $75.24 hit it’s highest level since November 2014 this week. 30 US Treasury yields (2.93%) dropped to their lowest level since the end of January 2018. The NASDAQ Composite (7,595) is towards the upper end of it’s 2018 high of 7,806 from last month. The Dow Jones Industrial Average (24,352) is about […]
June 28th 2018 Market Minute
June 28, 2018
The Shanghai Composite (2,812) slid in to official ‘Bear Market’ territory this week now that it is down over 20% from it’s January 24th 2018 high (3,587). It is now down from it’s June 2015 high (5,178) by over 45%. Philippines SSE is down 19% and Indonesia’s JSX is down 14% year to date. Vietnam’s […]
China’s Economic Miracle
June 27, 2018
China over the last 20+ Years has experienced a Financial, Industrial, and Technological Revolution like no other country in history. More people have been lifted out of poverty in a shorter period of time than any other in history. They now have more Millionaire’s then any other country. The size of their economy has surpassed […]
June 22nd 2018 Market Minute
June 22, 2018
The Shanghai Composite (SHGIDX) dropped below 3,000 for the first time since August of 2016. For the year 2018, it is down over -11%, and about -19% from it 2018 high. All Asian Equity Markets are down for the year excluding Australia’s All Ordinaries (XAO) which is up 2.5%. Around the globe Equity Market Indices […]
March 30th 2018 Market Minute
March 30, 2018
First it was interest rates and concerns about inflation, (Late January). Then, third week of March, the markets drop again to those late January lows. This time it’s ‘Trade War’ fears. It continued through the end of March with concerns about ‘social medias’ collection of user data and the manipulation of information to these individuals. […]
March 2nd 2018 Market Minute
March 2, 2018
Within a week of the largest ‘TBTF’ (Too Big To Fail) bailout of ‘large insurance company’ by the CCP (Chinese Communist Party) government President Xi is in the process of doing away with both age and term limits for his position. What if President Xi has been ‘right’ about some things. Maybe he even predicted […]
February 22nd 2018 Market Minute
February 22, 2018
Could a large Chinese Insurance Company being taken over by the Insurance Regulator of the Country today be ‘the’ “canary in a coal mine”? This insurance company has a ‘balance’ sheet of 2 Trillion Yuan (~$300 Billion). ‘Balance sheets’ are supposed to “balance” with an equal amount of both assets and liabilities. Like with other financial […]