Financial Review

You’re Fired

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-09-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: iTunes | Android | RSS…..Comey fired. All calm on the Wall Street front – too calm. Fedspeak: some economic indicators are flashing yellow; beware Fannie and Freddie. New Moon rising in South Korea. Earnings update. Spirit in a fight with pilots and customers. Financial Review by Sinclair Noe for 05-09-2017

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Financial Review

Never the Twain Shall Meet

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-22-2015.mp3Podcast: Play in new window | Download (Duration: 13:17 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe for 09-22-2015 DOW – 179 = 16,330 SPX – 24 = 1942 NAS – 72 = 4756 10 YR YLD – .09 = 2.12% OIL – .85 = 45.83 GOLD – 8.70 = 1125.70 SILV – .45 = 14.87   Pope Francis is in Washington. The Pope will visit Washington, New York City and Philadelphia as part of his first-ever trip to the U.S., a six-day, five-night trip which will feature a couple of masses that are expected to draw huge crowds. The Pope will address a joint session of Congress Thursday; he may make points that challenge both parties, particularly if he repeats his remarks against what he sees as the excesses of globalization and capitalism. And he may discomfort both the White House and Congress if he urges them to do more to help Syrian refugees flooding through Europe. Then he will address the United Nations General Assembly in New York, where he will also conduct mass at Madison Square Garden on Friday.   China’s President Xi Jinping touched down in Seattle today to meet American business leaders before heading to Washington on Thursday to speak with President Obama. The two will discuss several thorny issues, including cybersecurity, the South China Sea, North Korea’s nuclear threat, human rights and a widening trade deficit. President Xi will tour the Boeing aircraft plant near Seattle. Not much new to see really, …

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Uncategorized

Wednesday, October 02, 2013 – Genie Out of the Bottle

Genie Out of the Bottle by Sinclair Noe DOW – 58 = 15,133SPX – 1 = 1693NAS – 2 = 381510 YR YLD – .02 = 2.63%OIL + 1.76 = 103.80GOLD + 28.80 = 1317.30SILV + .57 = 21.83 So, the heads of the biggest banks, including Lloyd Blankfein of Goldman Sachs and Jamie Dimon of JPMorgan and Brian Moynihan of Bank of America, and a list of others (apparently Dick Fuld from Lehman Brothers couldn’t afford the bus fare); so all these big banksters went to the White House today to discuss the shutdown. Heaven help us all. The President is getting advice on the economy from the very people who crashed the economy a few years ago. And then later in the afternoon the president met with lawmakers, not to negotiate but just to meet with the people that created the shutdown. Can everybody, please, just step away from the crack pipe? Maybe the politicians should try meeting with people that didn’t cause the problems. The meeting with the banksters, set up by the Financial Services Forum, a Washington-based trade group representing CEOs of the largest Wall Street banks, was part of an effort by the administration to leverage the business community’s clout in breaking the stalemate. Administration officials said pressure from the business community was effective in past fiscal fights. In other words, the financial industry threatened to take away the campaign contributions if the politicians persist in driving the economy off a cliff. The impending debt …

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