Financial Review

In Need of Pie

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-21-2018.mp3Podcast: Play in new window | Download (Duration: 13:10 — 7.5MB)Subscribe: Apple Podcasts | Android | RSS…Stocks stumble into holiday. Economic data dump: existing home sales, housing starts tick up, consumer sentiment falls, durable goods orders sink, LEI ticks up. Oil bounces. Wrapping up USMCA. Financial Review by Sinclair Noe for 11-21-2018

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Financial Review

Risk Off

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-18-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…Nearing a tipping point on market valuations, trade deals, interest rates. Economy remains strong: LEI up, jobless claims down. Earnings: Paypal, Amex, Skechers. Oil prices fall from sudden run-up. Sports Equinox. Financial Review by Sinclair Noe for 10-18-2018

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Financial Review

Meh

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-19-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS….Stocks end lower. Bonds down, 10-yr yield tops 2.9%. Commodities rise. Bidding war for Shire. LEI inches higher. Retail sales up. AZ unemployment rate flat. Wells Fargo v. teachers. Cuba, not Castro. Financial Review by Sinclair Noe for 04-19-2018

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Financial Review

Dollarish

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-01-25-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…More records for Do, S&P. New home sales slip. LEI jumps higher. ECB holds pat, Draghi hits US over dollar talk. Trump in Davos – say what? Deaton says US has a poverty problem. Earnings parade: Starbucks, Intel, Cat, 3M. Financial Review by Sinclair Noe for 01-25-2018

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Financial Review

Toxic

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-17-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…All 3 indexes drop big. Barcelona attack. Trump fallout continues. The Cohn effect. Generals and senators. Walmart earnings. Alibaba better earnings. Mylan must pay. Financial Review by Sinclair Noe for 08-17-2017

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Financial Review

Sparring

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-07-20-2017.mp3Podcast: Play in new window | Download (Duration: 11:25 — 6.5MB)Subscribe: Apple Podcasts | Android | RSS…..Nasdaq and Russell hit new records. Emerging markets continue a streak. ECB holds steady and slightly dovish. Leading economic index jumps. CBO scores BCRA – ugly. AZ loses jobs in June. Earnings season: Microsoft hits a record high. Visa strong. EBay stumbles. Amazon will carry Kenmore. Financial Review by Sinclair Noe for 07-20-2017

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Financial Review

Accept Responsibility

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-22-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFed stands pat; traders don their rally hats. Home sales down. The LEI’s a drag. Wall Street needs a long lead for Brexit. Yahoo’s big hack. Hanjin’s happy. Zuckerberg wants to live to be really old. We’re number 28! Budget countdown. Wells Fargo and life lessons on personal responsibility. Financial Review by Sinclair Noe for 09-22-2016

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Financial Review

That’s a Print

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-07-21-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSStocks slip. ECB steady. Home sales jump. LEI up. AZ unemployment jumps. Anthem & Cigna face antitrust suits. Beaucoup earnings news. Ailes out. Tesla’s super-secret plan (encoder ring included). Selfie fumblers. Printers in space. Financial Review by Sinclair Noe for 07-21-2016

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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

Fluctuating Between Ugly and Ugly

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-20-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 08-20-2015 DOW – 358 = 16,990 SPX – 43 = 2035 NAS – 141 = 4877 10 YR YLD – .05 = 2.08% OIL + .34 = 41.14 GOLD + 19.00 = 1154.10 SILV + .27 = 15.68   Well, it was just ugly. Yesterday, the Federal Reserve released the minutes of the July FOMC meeting. Many investors and traders interpreted the policymakers’ discussions as dovish, with the probability of a rate boost next month sliding to 36 percent from about 50 percent earlier in the day. The matter is still open to debate, and the bottom line is that we have to wait about 4 weeks to find out what the Fed will do.   Today, stocks closed near session lows, off about 2%; and it smacks of a rate tantrum, traders expressing their dis-satisfaction to let the Fed know they are opposed to rate hikes. The other reading is that a dovish Fed might mean that the global economy really is weak; the drop in commodities is hurting emerging markets; the strength of the dollar is hurting US exporters; we are now facing currency wars; and global growth (or the lack thereof) will weigh on the US economy. If the Fed doesn’t raise rates, it’s because the market is too fragile. The S&P 500 fell into negative territory for the year, with consumer discretionary the greatest decliner on the …

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Financial Review

Friday Wrap

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-2-01-23-2015.mp3Podcast: Play in new window | Download (Duration: 20:25 — 9.3MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe DOW – 141 = 17,672 SPX – 11 = 2051 NAS + 7 = 4757 10 YR YLD – .08 = 1.82% OIL – .95 = 45.36 GOLD – 8.00 = 1295.10 SILV – .02 = 18.40 For the week, the Dow rose 0.9 percent, the S&P gained 1.6 percent and the Nasdaq added 2.7 percent. The ECB announced plans yesterday to expand asset purchases by €60B per month until at least September 2016. ECB President Mario Draghi says the new stimulus plan “should strengthen demand, increase capacity utilization and support money and credit growth.” Well, it will make somebody rich, but the benefits to the broader Euro economy are still very much up in the air. Bonds in the region rallied, with the yields on 10-year notes of Germany, Italy, Spain and France falling to all-time lows. Stocks in the region on track for their best week since 2011 but the euro currency has dropped below $1.12. Greece’s leftist Syriza party leads the opinion polls heading into an election on Sunday. The ECB’s debt-purchasing program will not include Greece, at least not until July, and only then if a continuing review of the country’s bailout program is successfully completed. The basic bond buying plan wasn’t kind to Greece, even with the exclusion built in. The way, the ECB put together their QE scheme, rather than purchase government bonds …

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Uncategorized

Thursday, February 20, 2014 – Searching for Inflation

Searching for Inflationby Sinclair Noe DOW + 92 = 16,133SPX + 11 = 1839NAS + 29 = 426710 YR YLD + .02 = 2.75%OIL + .02 = 102.86GOLD + 12.10 = 1324.00SILV + .29 = 21.92 The Conference Board’s Leading Economic Indicators rose 0.3% in January following no change in December. Over the six months through January, the LEI rose 3.1%. The LEI tracks 10 indicators designed to signal business cycle peaks and troughs. In the most recent report, 5 of the 10 indicators were positive, including a drop in jobless claims and a pickup in factory orders; on the negative side, declines in building permits and hours worked. Meanwhile, the Conference Board’s index of coincident indicators, a gauge of current economic activity, rose 0.1 percent for a second month. Overall, the leading indicators point to moderate expansion once the nation gets past inclement weather, with the caveat that consumer demand needs to pick up. No surprises in that report. The Consumer Price Index rose 0.1% in January after a 0.2% gain in December. The CPI measures prices at the retail level. The core rate, excluding food and energy prices, also rose 0.1%. Over the past 12 months, consumer prices were up 1.5%, and the core CPI was up 1.6%. Energy costs increased 0.6% from a month earlier and were up 2.1% over the past 12 months. Food costs rose 0.1%. Gains in the cost of hotel rooms, medical care and rents were mostly offset by declining costs for new …

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Uncategorized

Thursday, February 21, 2013 – the Big Coincidence

Note: I will be a speaker at the upcoming 2013 Wealth Protection Conference in Tempe, AZ on April 4th and 5th. Click here for details and registration information. Hope to see you there. The Big Coincidence by Sinclair Noe DOW – 46 = 13,880SPX – 9 = 1502NAS – 32 = 3131 10 YR YLD + .04 = 1.98%OIL – 2.23 = 92.99GOLD + 12.10 = 1577.40SILV + .12 = 28.78 We had a bundle of economic reports to start the day. Let’s run through them. First, the CPI report, which measures inflation at the retail level, shows prices were unchanged in January for the second month. Consumer prices are up just 1.6% in the past 12 months. One striking subset of the CPI report showed energy prices dropping 1.7% in January on a seasonally adjusted basis. Of course we all know that gas prices were climbing almost every day through the month; most likely, we’ll see a significant bump in the February report. A couple of manufacturing reports showed weakness. The Philly Fed’s  gauge of regional manufacturing activity fell to negative 12.5 in February from negative 5.8 in January with declines in overall activity and new orders. And Markit, a financial information services company, said its gauge of manufacturing activity dropped to 55.2 in February from 55.8. Any reading above 50 indicates expansion but the purchasing managers index showed a slower expansion, with weaker new orders and employment. Initial jobless claims rose 20,000 to a seasonally adjusted 362,000 in …

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