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 July 1, 2014. Click here to read the entire piece.) The British pound (FXB) responded so strongly to the June Markit/CIPS UK Manufacturing PMI® report that I decided to read it and go beyond the headlines. I found a report full … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 12, 2014. Click here to read the entire piece.) After artfully fending off questions about the timing for higher interest rates, Mark Carney finally gave the market throngs a clearer hint: {snip} Mark Carney on timing of first rate rise: … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 27, 2014. Click here to read the entire piece.) “Escape velocity won’t come cheap.” – Mark Carney, Governor of the Bank of England (BoE), January 24, 2014 This was Governor Carney’s warning to the audience at the Davos CBI British … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 17, 2014. Click here to read the entire piece.) The United Kingdom’s Office of National Statistics (ONS) reported retail sales today that suggest consumers went on a literal shopping spree in December, 2013. {snip} The ONS reported the most notable … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 30, 2013. Click here to read the entire piece.) On Friday, the U.S. 10-year Treasury bond yield hit 3.0%, matching a high for the year. Rate are rising again across the yield curve. Source: St. Louis Federal Reserve This steady … Read more