Financial Review

And It’s Back

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-16-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..Stocks bounce back. House passes their version of tax cuts, now it moves to the Senate. Walmart, Cisco, and P&G post big gains. Homebuilder confidence up. Fed heads consider how to fight the next recession, and how to protect financial privacy. Tesla’s mind blowing big rig. … Financial Review by Sinclair Noe for 11-16-2017

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Tuesday, February 05, 2013 – Cutting to Spite Ourselves

Cutting to Spite Ourselves by Sinclair Noe DOW + 99 = 13,979SPX + 15 = 1511NAS + 40 = 317110 YR YLD +.04 = 2.02%OIL + .47 = 96.64GOLD – 1.40 = 1674.00SILV +.06 = 31.92 The Congressional Budget Office released revised budget projections that show the federal deficit will drop to $845 billion this year, the first time during Obama’s presidency that the red ink would fall below $1 trillion. The budget office also said the economy will grow slowly in 2013. The reason for the slowdown is a tax increase in January and spending cuts coming in the next couple of months. A few minutes after the CBO report, President Obama spoke to the press and said those spending cuts would damage the economy and must be avoided. He asked Congress for a short-term deficit reduction package that will delay deeper cuts past the automatic start date of March 1, also known as the sequester. The automatic cuts are part of a 10-year, $1 trillion deficit reduction plan that was supposed to spur Congress and the administration to act on long-term fiscal policies that would stabilize the nation’s debt. Though Congress and the White House have agreed on about $2.6 trillion in cuts and higher taxes since the beginning of 2011, they have been unable to close the deal on their ultimate goal of reducing deficits by about $4 trillion over a decade. If the automatic cuts are allowed to kick in, they would reduce Pentagon spending by …

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Wednesday, August 29, 2012 – Today’s Debt and GDP

Today’s Debt and GDP  By Sinclair Noe DOW + 4 = 13, 107SPX + 1 = 1410NAS + 4 = 308110 Yr Yld +.02 = 1.65% OIL – 1.02 = 96.80GOLD – 10.50 = 1657.10SILV – .17 = 30.83PLAT – 3.00 = 1521.00 The month of August has been basically flat, looking at the major market indices, just a couple of points movement. You may recall that last March I was warning you about the worst six months in the market, the old idea of “sell in May and stay away”. On May 1st, the S&P 500 closed at 1405. So, if you did get out in May, you’re doing O.K. Of course, the theory looks at the worst and best six months of the market, and based upon that you would avoid the market volatility in September and October. September is historically the worst month for stocks. The Dow Industrial Average has declined 1.4 percent on average in September since 1929. Taking a broader look at the market, September is by far the worst month for the S&P 500. It has posted an average decline of 1.3 percent since 1929. Over that period, it’s the only month to drop more than 50 percent of the time. Of course, there are no guarantees in the stock market; might go up, might go down; but I think it’s a safe bet that the lazy, hazy days of summer will give way to more volume and more volatility and it could start …

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