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: Apple Podcasts | 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

READ MORE →
Financial Review

Milk and Cookies

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-07-12-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSRecord high close for Dow industrials and S&P 500. It’s raining yen. BOE plans rate cuts. Global stocks erase losses. IMF says Brexit impact is negligible on US. Inventories barely rose. Job openings lower. Small biz sentiment up again. EU-US Privacy Shield is big deal for big data. The Hague rules against China. Happy Prime Day. Financial Review by Sinclair Noe for 07-12-2016

READ MORE →
Financial Review

Magnitude of Falsity is Enormous

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-12-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe DOW – 36 = 18,068 SPX – 6 = 2099 NAS – 17 = 4976 10 YR YLD – .03 = 2.25% OIL + 1.50 = 60.75 GOLD + 9.50 = 1194.00 SILV + .21 = 16.58   The Treasury market continued to sell-off this  morning, pushing the yield on the benchmark 10-year Treasury up to 2.35% intraday, the highest point since Nov. 21. The selling eased by the afternoon, sending the yield down to 2.25 percent. The intense selling in the Treasury market was fueled by a similar meltdown in the Eurozone’s government bond market which has been going on for more than two weeks. Germany’s 10-year bund yield is 14 times higher than a month ago.  The yield on the 10-year benchmark German bond known as the bund increased 12 basis points to 0.71% intraday and European peripherals, such as Spain, Italy and Portugal, also saw their yields jump between 10 and 13 basis points.   At a panel discussion in Zurich this morning, NY Fed President William Dudley outlined that he does not know when interest rates will rise but repeated recent comments that the policy tightening will depend on the US economy. In other words, the Fed won’t send out engraved invitations and you will need to stay alert but the markets shouldn’t be surprised when the Fed raises rates. Dudley said the conditions that will determine …

READ MORE →