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 December 2, 2015. Click here to read the entire piece.) The European Central Bank (ECB) next makes a statement on monetary policy on December 3, 2015. The market is apparently eagerly anticipating an announcement from ECB President Mario Draghi that delivers … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 29, 2015. Click here to read the entire piece.) The U.S. Federal Reserve is likely to hike interest rates in December. The Fed and economic data have finally convinced the market of an imminent rate hike, and the high odds … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 19, 2015. Click here to read the entire piece.) “…the changing nature of China’s development implies that the potential for commodity prices to rise from here is somewhat limited.” – Christopher Kent, Assistant Governor, Reserve Bank of Australia (RBA) at … Read more
This past week was an important one for monetary policy. The Bank of England (BoE) made clear it is willing to put off rate hikes as long as necessary. Despite its words that suggest otherwise, the Bank is NOT biased for action. U.S. Federal Reserve Chair Janet Yellen made it clear that, all else being … Read more
The market is once gain gearing up for a December rate hike from the U.S. Federal Reserve. Today’s nudge came from Janet Yellen her first public commentary since last week’s decision on monetary policy. At that time, a simple and clever change in language convinced the market to pull in the month for a first … Read more