Financial Review

Storm Warning

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-10-2018.mp3Podcast: Play in new window | Download (Duration: 13:16 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…Trade concerns. Ford Active elsewhere. GDP and unemployment rate fact check. Consumer borrowing ticks up. California will go 100% green. Florence warning. Financial Review by Sinclair Noe for 09-10-2018

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Financial Review

Slow Motion Domino

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-10-2015.mp3Podcast: Play in new window | Download (Duration: 13:17 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 11-10-2015 DOW + 27 = 17,758 SPX + 3 = 2081 NAS – 12 = 5083 10 YR YLD – .02 = 2.32% OIL + .22 = 44.09 GOLD – 2.50 = 1090.40 SILV – .14 = 14.54   Crude prices are set for a slow recovery, according to the latest report from the International Energy Agency, which warned against the deep investment cutbacks in the industry. In its World Energy Outlook, the IEA’s central scenario for oil prices forecast that the market would rebalance at around $50 to $80 per barrel in 2020, (a not very precise guess) “with further increases in price thereafter.” It also predicted that collectively, the U.S., EU and Japan would see their oil demand drop by around 10 million barrels a day by 2040.   Oil production from the Bakken and Eagle Ford shale plays in the U.S. has been falling since March. Total oil output from seven major U.S. shale regions is expected to fall by 118,000 barrels a day to about 4.95 million barrels a day in December. There is no evidence at current prices that rig drilling activity will recover any time this year, so we can expect ever lower production every month well into 2016. That doesn’t mean a quick increase in prices, in part because Iranian oil is expected to come online as sanctions are lifted, and also …

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Financial Review

Assume They Are Still Listening

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-07-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe DOW + 82 = 17,924 SPX + 7 = 2088 NAS + 25 = 4945 10 YR YLD – .06 = 2.18% OIL – 1.95 = 58.98 GOLD – 7.00 = 1185.20 SILV – .19 = 16.40   Britons voted today in one of the tightest elections in decades. Final opinion polls showed Prime Minister David Cameron’s Conservatives and Ed Miliband’s opposition Labour Party almost in a dead heat, indicating neither will win enough seats for an outright majority in the 650-seat parliament. Exit polls indicate a victory for the Conservatives but not enough for a majority, so talks will begin tomorrow with smaller parties to strike deals.   And those smaller parties could have a big influence on major decisions. The U.K. Independence Party is on track to become the country’s third largest political party. Its key goal is putting Britain’s EU membership up for an in-or-out referendum, sooner rather than later. UKIP is expected to prop up a Conservative government in exchange for an EU vote. For the financial markets, this is the No. 1 worry.  The Scottish National Party looks set for big gains in Scotland, which it wants to see split off from the rest of the U.K.   So, in addition to worrying about a possible Greek exit from the Euro-union, we now are supposed to be concerned with a British exit, and the whole thing is putting …

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