7 Deadly Sins of Investing

7 Deadly Sins of Investing
The world of investing can be overwhelming. Trying to choose between thousands of stocks, bonds and mutual funds, and the numerous advisors vying for your business, can drive you to paralysis and inaction. Worse yet, you might be led astray and commit one or more of the seven deadly investing sins. Falling into the trap of any of the biblical deadly sins... Read More

EUR Back To 1.2000 On Solid EZ Growth

EUR Back To 1.2000 On Solid EZ Growth
Market Drivers  September 22, 2017EZ PMIs beatUSDJPY below 112.00 on NK concernsNikkei -0.25% Dax -0.04%Oil $50/bblGold $1296/oz..Europe and Asia:EZ Composite PMI 56.7 vs. 55.5North America:CAD Retail Sales 8:30CAD CPI 8:30 The euro popped the 1.2000 barrier again in morning European dealing as PMI data revealed that Q3 activity grew at the fastest pace in 6 years. Less than 48 hours... Read More

The Season Round-up

The Season Round-up
Here on the final day of summer on the 2017 calendar, and with Q3 earnings season now on the visible horizon, it offers us a chance to reflect on the past 3 months. This summer, marked as usual by lower trading volumes overall, held up remarkably well despite plenty of headwinds: turmoil between President Trump and North Korean Chairman Kim... Read More

AUD Crashes, EUR, GBP, CAD In Play

AUD Crashes, EUR, GBP, CAD In Play
Consolidation was the theme of the day after Wednesday’s big moves in currencies. The only action was in the Australian dollar, which crashed on the back of the Reserve Bank’s laissez faire attitude about rate hikes and rating agency Standard & Poor’s decision to lower China’s credit rating from A+ to AA-.  Unlike the Federal Reserve, European Central Bank, Bank... Read More

The Music Industry Continues to Bounce Back Thanks to Paid Streaming

The Music Industry Continues to Bounce Back Thanks to Paid Streaming
Paid music-streaming services are driving the music industry’s comeback in a big way. The Recording Industry Association of America (RIAA) released its midyear 2017 music industry revenue report  earlier this week, sharing numerous statistics regarding the health of the U.S. music industry. Through the first half of the year, retail music revenue jumped by 17% to $4 billion, while wholesale revenue... Read More

Unwinding Of The Balance Sheet

Unwinding Of The Balance Sheet
As the Fed plans to unravel its monstrous $4.5 trillion on the books, the era of “cheap money” is now apparently on the wane. At the same time, we continue onward through a nearly unprecedented stock market rally over the past 8 3/4 years. Though things seem to cost more – think ballgame tickets, for example – main inflation metrics... Read More