Financial Review

Double Hat Trick

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-10-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: iTunes | Android | RSS…..More records on Wall Street. Reckitt Benchkiser buys Mead Johnson. Blackstone buys Aon unit. Consumer sentiment dips. Oil rallies. Import prices rise. Trump hosts Japan’s Abe. Talks to China’s Xi. Wall will cost more. Greece is still a problem for the EU. Italy next? Germany banks gold. Fast brandy. Financial Review by Sinclair Noe for 02-10-2017

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Financial Review

Hat Trick

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1A-02-09-2017.mp3Podcast: Play in new window | Download (Duration: 12:08 — 6.9MB)Subscribe: iTunes | Android | RSS  …..Record close for Dow, S&P, and Nasdaq. Trump has a “phenomenal” tax plan, it is really “big league.” Anthem Cigna deal is dead. Tillerson talks NAFTA to Canada. First executive order is now being expedited. Fiduciary rule not dead yet. Boeing’s big deal with Singapore Air. A letter for Xi. Greece in hot water; Italy got zero growth from being in Euro. 4Q earnings at 8.5%. Financial Review by Sinclair Noe for 02-09-2017

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Financial Review

Split

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-07-2017.mp3Podcast: Play in new window | Download (Duration: 13:16 — 7.6MB)Subscribe: iTunes | Android | RSS…..Nasdaq record high close. Dollar gains. Greece on the edge of… China’s reserve slip. US trade deficit grows. US consumer credit inches up. CoreLogic home price index jumps. JOLT survey – openings flat, quits down. Betsy Devos confirmed. Army goes ahead with Dakota Access Pipeline. A gift for big oil. 9th Circuit hears arguments for travel ban. Oil prices down. GM workers finally catch a break. Apple number one in phone sales. Financial Review by Sinclair Noe for 02-07-2017

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Financial Review

Dominoes on Edge

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-12-06-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSS…..Dow record high close; Russell 2000, too. Don’t get complacent. Trade deficit jumps. Italian banks on the edge. No deal for austerity weary Greeks. OPEC already cheating on output. Los Angeles threat alert. Amazon automates groceries. SCOTUS says Samsung only stole a little of the Apple iPhone. SCOTUS defines insider trading. #extremists. 5G someday. Financial Review by Sinclair Noe for 12-06-2016

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Financial Review

Libor Antitrust Claims Revived

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-23-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSS  Financial Review by Sinclair Noe for 05-23-2016 Markets are waiting on the Fed to act. Bayer goes after Monsanto. Libor antitrust case goes back to a lower court and possible trebled damages.

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Financial Review

Illusion of Growth

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-17-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSInflation up, housing starts rebound, 1Q share buybacks at a new high, IMF eases on Greece, robot truckers, and Supremes punt. Financial Review by Sinclair Noe for 05-17-2016

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Financial Review

Hooked on Price Hikes

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-27-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFOMC no change, June still on the table. It looks like the fix is in on oil. Remember Greece? Drug companies addicted to prices. Financial Review by Sinclair Noe for 04-27-2016

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Financial Review

Show Me the Data

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-12-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe for 11-12-2015 DOW – 254 = 17,448 SPX – 29 = 2045 NAS – 61 = 5005 10 YR YLD – .02 = 2.32% OIL – 1.28 = 41.65 GOLD – 1.70 = 1085.50 SILV – .11 = 14.34   Crude oil fell below $42 a barrel, its lowest price since August, while copper, gold and silver reached six-year lows. Energy, mining and metals companies fell. Caterpillar, Exxon Mobil and Chevron had the biggest losses in the Dow Jones Industrial average. The Dow and the Standard & Poor’s 500-stock index are now negative for the year.   The Energy Information Administration just released its latest weekly look at the US oil market, and it shows that US crude stockpiles are just 3 million barrels off the record 490 million barrel record in April.  Crude stockpiles grew by 4.2 million barrels last week. A private report released Wednesday had shown an even larger increase. The biggest factors have been a slowdown in demand, and China’s slowdown is a big part of that equation. Meanwhile, oil producers just keep pumping; US shale production has slowed and will likely slow more, even though it remains stubbornly high; OPEC refuses to cut production and the more oil prices fall, the faster they pump.   Prices for copper and other commodities were slumping as investors anticipated that the dollar would become even stronger. The price of …

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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: iTunes | 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 production …

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Financial Review

The End of Summer

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-21-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe for 09-21-2015 DOW + 125 = 16,510 SPX + 8 = 1966 NAS + 1 = 4828 10 YR YLD + .08 = 2.21% OIL – .26 = 46.42 GOLD – 6.50 = 1134.40 SILV + .03 = 15.31   The National Association of Realtors says sales of previously owned homes fell 4.8% in August to an annual pace of 5.31 million, marking the first decline in four months. The sales rate in July was revised down slightly to a seasonally adjusted 5.58 million, but that was still the highest level in eight years. The median price of homes sold was up 4.7% to $228,700 from 12 months ago. Inventories of existing homes on the market rose 1.3% to 2.29 million, representing 5.2 months’ supply at current sales trends. Sales fell in all major regions except the Northeast, where they were unchanged.   The Federal Reserve reports businesses racked up new debt at an annual rate of 8.3% in the second quarter. That was the fastest growth since the first quarter of 2008 and was driven mostly by corporate bond issuance. While issuing debt, the corporate stockpile of cash rose to $2.06 trillion from $1.99 trillion. The Fed report also shows that households and nonprofits saw their net worth increase by $695 billion in the second quarter, mostly due to the rise in home values but also due to the stock …

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