Financial Review

GDP

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-30-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: iTunes | Android | RSS…..Markets moving higher, valuations a concern. 4Q GDP revised slightly higher to 2.1%. Forecast calls for a repeat of 2016. Debt and deficit to spiral higher. Fedspeakers and the punchbowl. Oil looking at supply crunch. Drivers looking at higher prices. Financial Review by Sinclair Noe for 03-30-2017

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Financial Review

Makes You Want to Holler

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-16-2017.mp3Podcast: Play in new window | Download (Duration: 13:16 — 7.6MB)Subscribe: iTunes | Android | RSS…..Trump’s budget; big bucks for defense; big cuts for everything else. Travel ban blocked, again. No wiretaps existed. Dutch go for Rutte. BOJ and BOE hold rates steady. JOLTS shows most quits since 2001. Homebuilding jumps. AZ minimum wage stands. Russians indicted in Yahoo hack. Amazon delivers booze. Financial Review by Sinclair Noe for 03-16-2017

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Financial Review

Monday, April 14, 2014 – Blood Moon and More

Blood Moon and More by Sinclair Noe DOW + 146 = 16,173SPX + 14 = 1830NAS + 22 = 402210 YR YLD + .02 = 2.64%OIL – .11 = 103.63GOLD + 8.20 = 1327.60SILV un = 20.07 Here’s what you can expect; the Earth will eclipse the moon tonight about 10:58PM pacific time, adjust according to your time zone. The eclipse will take some time, a few hours. The moon will shift color from orange to blood red to brown, again depending on you locale and the weather. It should be interesting. The stock markets started the day in positive territory and as trading dragged on, the major indices moved lower on the very cusp of turning red, almost as if they were being eclipsed, and then positive again, right at 3:15 PM eastern time, everything just picked up. Now, you might think the markets are rigged. You might. A group of traders has sued CME Group Inc, accusing the operator of the world’s largest derivatives exchange of selling market data to high frequency traders, cheating other investors who lacked such access. The suit says the CME and its Chicago Board of Trade unit have been giving high-frequency traders early access to buy and sell orders.  They said this deprived other investors of the transparent, real-time data on futures and interest rate contracts that they thought they were getting, and were paying for. Volume was down from Friday; that’s a nasty trend, lighter volume on up days, heavier volume on …

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Wednesday, February 27, 2013 – It’s Ben’s World

I will be speaking at the 2013 Wealth Protection Conference in Tempe, AZ, April 5 & 6. For information please click here. This is an excellent conference. Hope to see you there. It’s Ben’s World by Sinclair Noe DOW + 175 = 14,075SPX + 19 = 1515NAS + 32 = 316210 YR YLD +.02 = 1.90%OIL + .22 = 92.85GOLD – 18.40 = 1597.30SILV – .45 = 29.08 Yesterday, Federal Reserve Chairman Ben Bernanke deliver his semi-annual testimony before the Senate; today he talked to the House of Representatives, repeating testimony in which he defended the Fed’s policy of buying bonds to keep interest rates low in order to promote growth and bring down the unemployment rate. Woohoo! Ben is going to continue with QE to infinity and beyond. Wall Street loves free money. The markets moved higher. That pretty much covers it. The stock market tumbled a few days ago. Bernanke promised more free money and the market moved higher yesterday. And then today, Bernanke reiterated that the free money spigot is wide open, and the market moved higher again. That pretty much covers it. So, maybe we can play some music. Start happy hour a little early today if that’s your thing. I’m just saying that you need to keep it all in perspective. If you have friends, call them up and thank them for being friends. If you don’t have friends, go make some. If you are doing something productive, keep doing it. If your not doing …

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Tuesday, February 05, 2013 – Cutting to Spite Ourselves

Cutting to Spite Ourselves by Sinclair Noe DOW + 99 = 13,979SPX + 15 = 1511NAS + 40 = 317110 YR YLD +.04 = 2.02%OIL + .47 = 96.64GOLD – 1.40 = 1674.00SILV +.06 = 31.92 The Congressional Budget Office released revised budget projections that show the federal deficit will drop to $845 billion this year, the first time during Obama’s presidency that the red ink would fall below $1 trillion. The budget office also said the economy will grow slowly in 2013. The reason for the slowdown is a tax increase in January and spending cuts coming in the next couple of months. A few minutes after the CBO report, President Obama spoke to the press and said those spending cuts would damage the economy and must be avoided. He asked Congress for a short-term deficit reduction package that will delay deeper cuts past the automatic start date of March 1, also known as the sequester. The automatic cuts are part of a 10-year, $1 trillion deficit reduction plan that was supposed to spur Congress and the administration to act on long-term fiscal policies that would stabilize the nation’s debt. Though Congress and the White House have agreed on about $2.6 trillion in cuts and higher taxes since the beginning of 2011, they have been unable to close the deal on their ultimate goal of reducing deficits by about $4 trillion over a decade. If the automatic cuts are allowed to kick in, they would reduce Pentagon spending by …

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