Yellen Testimony
/in Investing/by Tom 2Overall this was mostly a non-event, although on an otherwise slow news day, the press did try to spin some of her comments as mildly cautious on the economy. (However, the market didn’t really see it that way, evidenced by a stronger stock market and dollar, and weaker bonds and gold.). In particular, Chair Yellen […]
Sevens Report 5.8.14
/in Investing/by Tom 2Sevens Report 5.8.14
Sevens Report Analyst Tyler Richey Featured on the WSJ’s Market Watch Discussing The Action in Gold and Oil Futures
/in Investing/by Tom 2Gold ends 1.5% lower after Yellen testimony Comments from Putin help ease tensions as traders listen to Yellen testimony Click here to read this article Oil tops $100 after unexpected fall in crude supply Weak products market seen limiting upside Click here to read this article
Gold Has Been One of the Best Stock Market Hedges So Far in 2014
/in Investing/by Tom 2Although it’s not a traditional stock market hedge, the facts don’t lie: Gold has been an effective equity hedge so far in 2014. First, gold is up 8.53% versus 1.96% for the S&P 500. Second, during times of market turmoil, gold has traded well. During the three drops in the stock market this year ( […]
Your Weekly Economic Cheat Sheet 5.5.14
/in Investing/by Tom 2A Look Back at last week’s critical economic data and a look ahead at what’s important this week.
The Economy: A Look Back and What’s Ahead
/in Investing/by Tom 2Last Week Economic data last week importantly confirmed that the weakness we saw in December/January was weather-related and temporary. The decent March PMIs and jobs report likely put to bed any major concerns about the U.S. economy losing steam. But, given the trend of February data, last week’s data merely confirmed what was widely assumed, […]
Still A Soft Landing, But Growth Is Slowing
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Hard Landing/Soft Landing Scoreboard: Still A Soft Landing, But Growth Is Slowing.