Easy Money

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While earnings have been significantly mixed; Walmart, IBM, Chipotle and others getting crushed and Google, Amazon, and others beating – we are seeing huge volatility. There is one common theme that is a little concern, is that the net forecasts and top-line revenue results are weak. Yet, the implied volatility is getting crushed and the Read more…

Fed Policy NOT working

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The FED did NOT raise rates the market should have rallied. What happened, why are we declining? Is the message from the Fed that the economy, whether globally or locally, really that bad? What about all the great economic data; U3 unemployment at 5.1%, GDP growing above 2% and looking better, inflation in check? I Read more…

Sustainability

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The market roller coaster ride continues and will continue until we get to that FOMC meeting. The market, investors, the world needs certainty as to what the Fed will do and also set a tone of expectations going forward – rather than this we will see attitude that is “Data Dependent” which keeps us guessing Read more…

Currencies and Sotheby’s

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Yesterday I was in South West Florida giving a presentation on Currencies and the impact to the real estate market for foreign buyers at the Premier Sotheby’s International Realty conference. It was an impressive affair, with associates and consultants from Brazil, New York, Miami, Hong Kong, and around the world. They are a truly 1st Read more…

September FOMC

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This week we wait to hear from the Fed. It is FOMC meeting time again and the next two meetings will be interesting as to how they position monetary policy or at the very least “tone” heading into the mid-term election. September FOMC courtesy of wikipedia There has been one significant and interesting change since Read more…

Fiatoctopus

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The Fed kept to the status quo and while many read the “tea leafs” with their own interpretation, the facts remain that rates are at zero, Fed continues to print money, and continues with their asset purchases. The fellow Western nations, including Japan, are slightly more aggressive in their monetary policy, with Europe setting bank Read more…

Alcoa Earnings

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So how was the first quarter? We know from the domestic economic data that the first quarter came in weaker than initially projected. Earnings season is kicking off and we are going to finally get a look at how businesses fared. Did emerging market growth help offset domestic stagnation? Did the big winter storms impact Read more…

Pending Labor Report

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The market is making a solid attempt at pushing up and beyond those resistance levels. While the S&P and Dow Jones are making solid headway, the RUT is playing catch-up. The only concern about a potential break-out is the lagging RUT, which is the broad based indicator of order flow. The RUT is still south Read more…

Pivotal Point?

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The bond market is certainly facing an interesting conundrum. We saw 10-year yields rally into the New Year, as the news of the Taper spooked the markets. However, since the New Year, the yields have come down to 2.7%. We have seen some volatility in recent days heading into Yellen’s first FOMC meeting. She stayed Read more…

Breakout Rally?

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The Fed and geopolitical situations continue to be the daily volatility driver into the market. Yellen’s gaff in the Q&A session sent the market down sharply and yesterday the President stated that a military option is off the table with Ukraine, sending the market up sharply. All this shows how jittery and reliant the markets Read more…

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