ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on Jan 2, 2015. Click here to read the entire piece.) On December 23rd, Statistics Canada reported another strong showing for Canada’s GDP. This time it was manufacturing that produced the unexpectedly strong result. Real GDP increased 0.3% in October. {snip} Given … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 8, 2014. Click here to read the entire piece.) On June 4th, the Bank of Canada hit the “repeat button” by maintaining its target for the overnight rate at 1%. The rest of the statement was not a repeat: it … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 19, 2015. Click here to read the entire piece.) {April 8, 2015 addendum: negative feedback loop is not the accurate term. I should have left it at feedback loops or even destructive feedback loops} {snip} {snip} There is every reason … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 21, 2014. Click here to read the entire piece.) A year ago, the Canadian dollar (FXC) hit my then annual 1.08 target for the USD/CAD currency pair. I next contemplated setting a much more aggressive year-long target of 1.16. In … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 4, 2014. Click here to read the entire piece.) The Bank of Canada once again left its overnight target interest rate at 1% in its latest monetary policy decision. An important change this time around came in the form of … Read more