Sevens Report 7.9.13
Sevens Report 7.9.13
Author Archive for: Tom 2
Entries by Tom 2
Was Friday’s Rally A Game changer for the Market?
Friday’s jobs report capped what was a good week for domestic economic data, and the main takeaway was that Fed “tapering” expectations in September were further cemented by the data.
Sevens Report 7.8.13
Sevens Report 7.8.13
Sevens Report 7.5.13
Sevens Report 7.5.13
It’s a Holiday Shortened Week, but the Economic Data Will be Market Moving
Last week was a mixed week of generally “second tier” economic data. Positively, housing data continues to confirm the recovery in the housing market is still accelerating. New home sales, Case-Shiller and pending home sales all beat expectations, although again…
Three Scenarios that Could Result in a Big Bond Rally
It’s obvious to anyone reading this report over the past several weeks that I’m a big long-bond bear, that I think we’ve seen the “top” in Treasuries, and that a long decline in bond prices and a higher move in bond yields has begun.
We Didn’t Need This: Greek Dysfunction Returns!
We’ve got to keep an eye on Greece again now that yesterday’s closure of the public broadcasting company by Prime Minister Antonis Samaras has ignited a political crisis. This has significantly increased the chances of a “no-confidence” vote and snap (or, early) elections. (Everyone remember how markets reacted the last time it happened in May of last year?)
Why The Plunge In the South African Rand Matters to You
Away from the yen, the other focus in the currency markets was on the implosion we’re seeing in emerging market currencies. The Indian rupee hit another all-time low vs. the dollar. The Brazilian real and South African rand hit four-year lows vs. the dollar, and even…
Interest Rates are Headed Higher. Are You Ready?
Over the past several weeks we’ve been witnessing equities go through an “adjustment period” as the reality of Fed “tapering” and ultimately removing QE sets in. Because this adjustment is an ongoing process, I don’t know if…
This Analysis Could Be the Difference Between Outperformance and Underpeformance.
All this economic data coming with week is important because the world’s central banks are very, very data-dependent with regard to policy. As the data goes, so will go markets. But, and this is important: We are not in a “bad news is good for stocks” environment, especially here in the U.S. Previously…