Content
The Week Ahead Is Not About The Week Ahead
Article By:
Marc Chandler
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Saturday, August 24, 2019 7:21 PM EDT
Several economic reports will be released in coming days. They include the US deflator of consumer expenditures, China's PMI, and the eurozone's preliminary August CPI. It is not that the data do not matter, but investors realize the die is cast.
Why I Am Shorting Bitcoin Right Here
Video By:
Ernie Varitimos
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Saturday, August 24, 2019 7:04 PM EDT
Why I am shorting Bitcoin here is the subject of this video and the discernible signals are showing exactly why, despite all the noise about this cryptocurrency.
In this video: BITCOMP
Volatility Churns In US Markets
Article By:
Candy Matheson
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Saturday, August 24, 2019 6:45 PM EDT
Volatility continues to churn in US markets, as evidenced by the daily SPX chart and the monthly chart of the SPX:VIX ratio. As President Trump continues to pump out unpredictable tweets volatility will remain elevated in both directions.
Market Assessment Of Prospects For Resolution Of The US-China Trade Dispute By September 2020
Article By:
Menzie Chinn
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Saturday, August 24, 2019 6:31 PM EDT
Going from August 22nd to 23rd, front month futures dropped 12-6; the August 2020 futures price (which are an unbiased predictor of one year ahead spot prices) was down 8-4. Hence, farmers should prepare for a long, tough, period of damage.
In this article: SOYB
Market Recap After A Wild Week
Video By:
Gary Savage
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Saturday, August 24, 2019 6:17 PM EDT
We’re going to get some great opportunities in the months ahead. Metals probably have one more leg up while stocks and commodities may have a final crash into major multi-year cycle lows.
News Fix: Old Banks Learning New Tricks
Article By:
Early Investing
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Saturday, August 24, 2019 6:08 PM EDT
Bitcoin is often described as “digital gold.” That’s for good reason – the assets have a lot in common. Now bitcoin and gold prices may even be syncing up. Over the past three months, bitcoin has moved in tandem with gold.
In this article: BITCOMP
Would You Rather Have A Dollar Today Or 89 Cents Ten Years From Now?
Article By:
Mish Shedlock
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Saturday, August 24, 2019 5:56 PM EDT
On August 16, the yield on the Swiss 10-year bond fell to -1.132%. Consider the implications. Someone "investing" in Swiss government bonds rates will get back about 89 cents, ten years from now, for every dollar invested today.
The Magic 8-Ball Market
Article By:
Tematica Research
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Saturday, August 24, 2019 5:38 PM EDT
Last week ended with equity markets taking another dive that accelerated into Friday’s close as the trade war with China intensified heading into its eighteenth month with China announcing that it will impose retaliatory tariffs on US goods.
In this article: JWN
Why Mark Carney Thinks The Dollar Can No Longer Be The World's Reserve Currency
Article By:
Tyler Durden
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Saturday, August 24, 2019 5:25 PM EDT
Bank of England's outgoing governor, Mark Carney dedicated no less than 23 pages to a stunning - for a central banker - cause: to describe why the dollar's"destabilizing" reserve status role in the world economy has to end.
Week In Review: Biotheus Acquires China Rights To Three Bi-specifics In $142 Million Deal
Article By:
ChinaBio® Today
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Saturday, August 24, 2019 5:15 PM EDT
Biotheus, a Guangdong biopharma, signed a $142 million deal for China rights to three bi-specifics based on a TNFR antibody from Alligator Bio of Stockholm.
In this article: LLY
Powell Fails, Trump Rails & The Failure Of Negative Rates
Article By:
Lance Roberts
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Saturday, August 24, 2019 5:00 PM EDT
This has been an impossible market to effectively trade as rhetoric between the White House, the Fed, and China, has reached a fevered pitch. On Friday, several things happened which have at least temporarily significantly heightened market risk.
In this article: SPX
Markets On The Verge Of Ugly?
US Dollar Primed For Weakness - When Will It Break? USD/CAD, GBP/USD
Article By:
DailyFX
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Saturday, August 24, 2019 4:15 PM EDT
The longer-term backdrop in the US Dollar is one that appears set for a fall. The currency has traded into a rising wedge formation as buyers have remained very responsive near support while getting less aggressive near new highs or resistance.
Has Monetary Policy Come To The End Of The Road?
Article By:
Norman Mogil
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Saturday, August 24, 2019 3:54 PM EDT
Now that the Jackson Hole confab has ended, our attention turns to one basic question: With interest rates this low, do central banks have any power to change the course of growth and inflation?
How To Invest If You’re Worried A Recession Is Coming
Article By:
The Conversation
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Saturday, August 24, 2019 3:07 PM EDT
The tried and true approach of passive investing is backed up by a lot of evidence.