While 2016 was a massive year for elections, with the American and U.K. populist movements headlining the votes, 2017 will also be a pivotal year. There will be a government transition in China in the fall. There will also be French and German elections which will likely bring equity volatility due
Anecdotal evidence that the market is in bubble has hit me. I’m sure most people involved in finance have heard questions about the stock market from those not in the industry. It has become an exciting time to invest, so the number of questions I’ve received has increased recently. The reality is t
In this article, I will look at the latest earnings metrics from FactSet, some of the latest figures in the auto loan market, and the lack of volatility in the market compared to the policy uncertainty. First, I want to discuss updated pricing of interest rates shown on the CME Group website. Since
Don’t mistake my positive explanation of the BLS, ADP, and ISM reports to indicate that I’m bullish on stocks for the long-term. Unlike the typical commentator who claims he/she is expecting a correction in the short term, but is bullish for the long term, I claim that I don’t know where the market
Snap’s long awaited S-1 filing is now public. There’s a lot of media buzz about the nuances of the filing which is exactly what Snap wants. Looking at the major social media players, I think Snap will benefit the most from going public. This is because Snapchat’s user base is mainly 18-34 year old p
As I expected, the market is rallying today on a great labor report. It wasn’t much of a prediction because the market has recently gone up whether good or bad labor data is presented. It also wasn’t much of a surprise considering the great ADP report. It showed 227,000 jobs were created which easil
In this article, I will discuss the global rise of inflation. Normally the level of inflation we’ve see globally wouldn’t be a big deal because it is still relatively low. While I think inflation targeting is a bad policy for central bankers to pursue, I would never go as far as saying if they achie
The chances of a rate hike in March has fallen from 17.7% to 13.3% and the chances of zero rate hikes this year has risen to 6.9%. Besides Trump’s rhetoric, the lack of hawkishness by the Fed is also hurting the dollar. The market participants always convince themselves that this year will finally b
On Wednesday two great economic reports were released. The January ISM and ADP reports showed the economy likely had a great month. While it is true that much of the stimulative measures Trump will enact will start to affect the economy in 2018, he didn’t need to do anything other than promise dereg
Today the Fed had its February meeting. There was almost no expectation for a rate hike today. The Fed met those expectations in a dovish manner. There were hopes that the Fed would boost the expectations for the possibility of a rate hike in March (have a hawkish tone). Heading into the meeting, th
