Financial Review

War on Drugs Again

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-12-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..China trade deal. GE like Nafta. CPI up. Inventories down. Consumer sentiment: bad now but it’ll get better. Consumers consuming, but not at JC Penney. Amazon is the 800 pound gorilla. Wells Fargo, worse than we thought. Worldwide cyber-attack. Do not click. Jeff Session declares war on drugs, again.   Financial Review by Sinclair Noe for 05-12-2017

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Financial Review

The Terror Threat Level is Flashing Magenta

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-29-2014.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS08292014 FINANCIAL REVIEW LISTEN HERE DOW + 18 = 17,089 SPX + 6 = 2003 (record) NAS + 22 = 4580 10 YR YLD + .01 = 2.34% OIL + 1.30 = 95.85 GOLD – 2.00 = 1288.20 SILV – .02 = 19.56 The S&P 500 set another record high close, the 32nd of the year. The S&P 500 gained 3.8% for the month, representing the benchmark’s best August performance since 2000. The S&P 500 also achieved its largest monthly percentage jump since February, when it rose 4.3%. The Dow and S&P have posted gains for four weeks in a row. For the week, the S&P 500 tacked on nearly 0.8%. The Dow scored advances of 0.6% for the week and 3.2% for the month, while the Nasdaq climbed 0.9% for the week and 4.8% for August. Don’t forget that August saw rates on the 100 year Treasury note drop from 2.55% to 2.34%. And oil prices had dropped from 98.15 a barrel to 95.85. It’s always tricky to say “this time it’s different”, but it is. Remember, back in 2000? The Nasdaq was trading right about where it is now, but back then, people were quitting their day jobs to become day traders; the market was irrationally exuberant. Not so much anymore. People are skeptical; they don’t’ trust the market and they don’t trust the rally. And distrust is healthy, at least for …

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