Economy and Trends

The Impact of New Coronavirus Numbers on the Market

As coronavirus shows its ability to spread beyond every attempt to contain it, it continues to affect the economy around the world. China has begun to allow some companies to open for business, which is apt to help manufacturing. Despite this positive movement, it is beginning to appear that the slowdown on manufacturing is going to last longer than expected. ...

Read More »

Revisiting Our Gold and Oil Outlooks

Back at the end of December, I gave an outlook for what I saw happening with gold and oil prices in 2020. At that time I pointed out that oil was approaching potential resistance and that it was approaching overbought territory based on the 10-week RSI and the weekly stochastic indicators. I also pointed out that the sentiment toward oil ...

Read More »

Consumers, Small Business Owners Optimistic! Is this Good or Bad?

Based on the recent readings in Consumer Confidence and the NFIB Small Business Optimism Index, consumers and small business owners have very little concern about the economy. The National Federation of Independent Businesses released its January survey results on Tuesday morning and the reading came in at 104.3 and that was up from 102.7 in December. The highest reading over ...

Read More »

How Coronavirus Is Affecting the Stock Market

There is now no doubt that coronavirus is seriously beginning to affect the market. It appears to be affecting markets all across the board, which has dropped considerably. The only thing doing well today is gold. Gold prices today have reached the highest levels since 2013. China and Coronavirus Coronavirus continues to spread and the news coming out of China ...

Read More »

The IMF Reveals a Better Global Economy for 2020

The International Monetary Fund (IMF) announced this week that they expected the economy to experience a rebound in 2020. While economic news last year had not been good, the IMF expects it to be better this year, says the Wall Street Journal. Last year had seen a drop in the volume of trade on a worldwide scale. The primary cause ...

Read More »

What We Learned From the December Employment Report

When the Bureau of Labor and Statistics released the December employment report last Friday, the main focus of most people was on the fact that the number of jobs added in December was below the consensus estimate. Nonfarm payrolls increased by 145,000 and the estimate was for 266,000 jobs to be added. The initial reaction from the market was a ...

Read More »

Experts: Emerging Markets will Outpace Developed Markets in 2020

Watching and listening to the various investment analysts, traders, and portfolio managers that have appeared on Bloomberg Television over the last week or so, there is a common theme in their outlooks for 2020. Many of these experts have expressed their opinion that they see emerging markets outpacing developed markets in the coming year. Because I haven’t been keeping a ...

Read More »

Oil and Gold Outlooks for 2020

Heading into 2019, I was rather bullish on oil and gold. I had been bullish on gold for several months as the precious metal was oversold in the third quarter of 2018 and the sentiment was the most pessimistic it had been since 2001. As for oil, it dropped sharply in the fourth quarter of last year. It was oversold ...

Read More »

Active vs Passive Investment Management

Some people have referred to the year 2019 as the “Everything Rally” for the investment world and the description is accurate. Pretty much every asset class you can think of has beaten its historical return this year. Domestic stocks and international stocks, large-cap stocks and small cap stocks—they have all beaten their historical returns in 2019. Commodities as a whole ...

Read More »