Global Shipping

Posted on: by .

With the Friday holiday and the disappointing Job numbers, the market had to wait until yesterday (Monday) to respond. Initially the market was under an extreme amount of pressure as I wrote the Market Preview. However, by late morning the Fed made a statement that it would remain accommodative (implying no rate hikes or other Read more…

World according to Yellen

Posted on: by .

World according to Yellen The last couple of weeks have been volatile, loaded with economic malaise and an uncertain Fed. Raise rate, not raise rates? Economy improving or stagnant? Low unemployment and no job creation? What is going on? It’s like no one is driving this train. The complexity has come solely from the massive Read more…

Shift in Focus

Posted on: by .

The pre-market futures are under pressure this morning and looking to test the recent support levels. Friday generated concerns that all of the sudden the Fed would change course and start raising rates on a strong labor report and that was followed up by the expected European QE. But is that what is driving the Read more…

What a difference a day makes!

Posted on: by .

I have been traveling on business for the last few days, so I apologize for missing the daily commentary. While a lot may have SEEMED to have change, nothing really has. The latest jolt to the market bringing pressure came from an ASSUMPTION and nothing more. What a difference a day makes! Just last Thursday Read more…

Yellen Speaks!

Posted on: by .

I have been pointing out, rather frequently, that our nation’s economy (and the rest of the West – Europe and Japan) is becoming ever more entwined with the Federal Reserve’s monetary policy. The media is still fixed on this “extraordinary temporary measure” and that the Fed will soon be raising rates because the economy is Read more…

Fed Minutes Amendments

Posted on: by .

The market continues to flirts with new highs, but unable to charge into a break-out rally. The Fed minutes were more proof the Fed will NOT be raising rates, yet many read something completely differently out of it (I am not sure how). Greece continues to be a European headache, while we get weekly jobless Read more…

BRICS vs. WEST CHESS MATCH

Posted on: by .

The equity markets have pushed up and well into those resistance levels waiting for a break-out into new highs. The better-than-expected Labor Headline data has certainly helped boost optimism. Additionally, while there is broad concern that Fed will raise rates, they haven’t yet and for now they continue their zero interest rate policy, bond buying Read more…

Currency War Update

Posted on: by .

The market has remained elevated and pushing up against those resistance levels. Perhaps this week we will see a break-out higher or a retracement back to the support levels. The recent Labor Report had excellent headlines, but the market didn’t get behind it as there was a dose of skepticism. Greece remains a shadow over Read more…

Jobs Friday

Posted on: by .

It’s Jobs Friday, today is the day for the Labor Report. No doubt there is some good news and real improvements. However, we must take it in stride and be cautious in reading only into the headline numbers. The data, models, and methods used to create the headlines numbers are important. What kind of jobs Read more…

Greek Tragedy

Posted on: by .

The Greece problems are on the rise again. As I had mentioned back in 2011 – 2012 that while the string of bailouts have bought them time, the issue is only being shoved onto the back-burner and will again be front and center news that will again disrupt the markets. The issue that I want Read more…

    Older Posts >>