Financial Review

The Beatings Continue

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-09-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…Stocks down for the day, up for the week. Oil drops for 10th straight session. Producer prices pop. Court blocks Keystone XL. Changes in asylum. Fighting reporters. Waiting on election results. Financial Review by Sinclair Noe for 11-09-2018

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Financial Review

Tax Plan Puffery

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-20-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS….Debating the tax plan. Yellen will leave Fed. DOJ will block AT&T-Time Warner. Nebraska approves Keystone XL. North Korea terrorism list. Germany may have another vote. Chile tumbles on vote. Marvell buying Cavium. Opioid crisis cost. Financial Review by Sinclair Noe for 11-20-2017

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Financial Review

Scotch and Cigarettes

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-24-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..After 7 years, move on. Obamacare repeal is dead. Capital goods dip. Durable goods up. Oil down. All drill, no frack. Keystone XL approved; full employment for lawyers. Euro banks need to work on living wills. KfW $5.4 billion oops. Financial Review by Sinclair Noe for 03-24-2017

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Financial Review

Something in the Water

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-17-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSStocks turn positive. A big water problem that won’t be resolved. Brazil has the most fascinating corruption.

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Financial Review

Remember Remember

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-05-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 11-05-2015 DOW – 4 = 17,863 SPX – 2 = 2099 NAS – 14 = 5127 10 YR YLD + .02 = 2.25% OIL – .94 = 45.38 GOLD – 3.90 = 1104.60 SILV – .12 = 15.04   Janet Yellen testified on Capitol Hill yesterday afternoon. Yellen was speaking at a hearing about financial regulation. Congress in 2010 created the position of vice chairman for regulation at the Fed and required that person to report regularly, but 5 years later, the position has not been filled; Ms. Yellen testified instead. The conversation quickly turned to interest rates, and Yellen said the Fed could raise rates in December; she thinks the economy is performing well, and so a rate hike would be appropriate, but no decision has been made. The markets are now putting the odds of a December rate hike at almost 60%.   The Bank of England said “no” to an interest rate hike this morning; they cited gloomier prospects for global growth. Bank of England chief Mark Carney, who had previously played down threats to major economies from slowing growth in China and other emerging markets, sent a cautious message that pointed to UK borrowing costs remaining on hold until 2017. The pound fell a full cent against the dollar in response, but the dollar handed back all of its gains in morning trade to stand …

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Financial Review

Quickly Dying Here

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-03-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 11-03-2015 DOW + 89 = 17,918 SPX + 5 = 2109 NAS + 17 = 5145 10 YR YLD + .03 = 2.22% OIL + 1.73 = 47.87 GOLD – 16.90 = 1117.50 SILV – .22 = 15.29 New orders for factory goods fell for a second consecutive month in September as the manufacturing industry continues to struggle under the weight of a strong dollar and deep spending cuts by energy companies. The Commerce Department said new orders for manufactured goods declined 1 percent in September after a downwardly revised 2.1 percent drop in August. Motor vehicle production, however, remains a bright spot as orders surged in September.   Fiat Chrysler reported its 67th straight month of year-over-year gains, selling 195,545 vehicles in the month of October, up 14.7% from a year earlier. Toyota said it sold more than 200,000 vehicles, which would be a double-digit rise from last October’s 180,580 vehicles. Toyota did not give a specific sales figure.   General Motors, the nation’s largest automaker, said it sold 262,000 vehicles during the month, a 15.9 percent increase from a year ago. Ford Motor said it sold 205,000 vehicles in October, a 13.4 percent increase over a year ago. Ford’s F-Series pickup continued to be the country’s best-selling vehicle with sales of 65,000 during the month. The US auto industry’s October sales are now expected to top 18 …

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Uncategorized

Friday, January 31, 2014 – January Out

January Out by Sinclair Noe DOW – 149 = 15,698SPX – 11 = 1782NAS- 19 = 410310 YR YLD  – .03 = 2.67%OIL – .76 = 97.47GOLD + 2.80 = 1246.90SILV + .03 = 19.27 The Dow started the year and the month at 16,572 (-926). The S&P 500 started the month at 1845 (-63). The Nasdaq Comp, for the month, went from 4160 (– 57). For the week, the Dow fell 1.1 percent, the S&P 500 slipped 0.4 percent and the Nasdaq dropped 0.6 percent. In January, the Dow slumped 5.3 percent, the S&P 500 lost 3.6 percent and the Nasdaq fell 1.7 percent. January marked the worst month for the Dow and the S&P 500 since May 2012, and the worst for the Nasdaq since October of that year. Yield on the 10 year Treasury note dropped from 2.99% to (- 32bp). And this is a little telling, the Vix, the volatility index went from 14.32 to 18.22    (-3.9) The Vix might be indicating that the market is not sufficiently scared of the emerging market contagion; certainly the Vix is higher than the start of the month, but remember that December saw record highs for the major indices, and a really scary Vix reading would be around $49, for those of you who remember the beginning of 2009. In other words, there are a whole bunch of people who haven’t figured out that we’re in a downturn in the markets. So far the US markets are just experiencing …

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Uncategorized

Tuesday, June 25, 2013 – On Energy

On Energy by Sinclair Noe DOW + 100 = 14.760SPX + 14 = 1588NAS + 27 = 334710 YR YLD + .04 = 2.59%OIL + .07 = 95.25GOLD – 5.00 = 1278.60SILV – .05 = 19.74 A few economic reports to start. The S&P/Case-Shiller Home Price Index for April showed average home prices increased 12.1% compared to April one year ago. All 20 cities in the index showed positive year over year returns and this marked the highest monthly gains in the history of the Indices. San Francisco showed the largest year-over-year growth at 23.9%, followed by Las Vegas at 22.3%, Phoenix at 21.5%, and Atlanta at 20.8%. New York saw the lowest levels of growth at 3.2%. Meanwhile, the Commerce Department reports sales of new homes rose in May to the highest rate since mid-2008. Sales increased 2.1% last month to an annual rate of 476,000. The median price of new homes, meanwhile, dropped 3.2% to $263,900 last month from a record high of $272,600 in April.  Business orders for durable goods, the big ticket items, rose 3.6% to a seasonally adjusted $231 billion. Business investment excluding defense and aircraft was up 1.1%, marking a third straight gain. A big factor was a 51% increase in orders for new passenger planes. In the first five months of 2013, business orders have risen 2.1% in compared to the same period last year. The Conference Board’s consumer confidence index jumped to 81.4 in June, the best reading since January 2008 and …

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