http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-13-2018.mp3Podcast: Play in new window | Download (Duration: 13:05 — 7.5MB)Subscribe: Apple Podcasts | Android | RSS…Stocks slide into the end of earnings season. Turkey melts down. 2008 – lasting damage. Student loan defaults grow. Tesla not quite secure. Wells Fargo, again. Def Con’s Vegas weekend. Financial Review by Sinclair Noe for 08-13-2018
http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-29-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…Italy’s government dissolves. New elections in July. New tariffs on China. Stocks fall, Treasuries rally, bank stocks tumble. Puerto Rico’s humanitarian crisis. No coffee today. Financial Review by Sinclair Noe for 05-29-2018
http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-14-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS Edging lower. Monsanto/Bayer a big deal. Import prices fell. Census data on poverty, medical care, and inequality. Techies want real news. Autonomous shopping carts. Ford to Mexico. Uber minus Uber drivers. SpaceX minus a launch pad. Shipping minus customers. Apple’s back. Wells Fargo under investigation. Financial Review by Sinclair Noe for 09-14-2016
http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-06-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSMerger mania includes: Bayer/Monsanto, GE/3-D, VW/Navistar, Enbridge/Spectra, EOG/Yates, Danaher/Cepheid, Navidea/Cardinal, Avolon/CIT, Icahn/Federal-Mogul. MC gets friendly with PayPal. ISM services report stinks. Congress returns to DC. Hanjin Chapter 15. ITT goes belly up. Fox News pays up. Mylan class action. Apple does something tomorrow. Financial Review by Sinclair Noe for 09-06-2016
http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-31-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSWall Street slips in August. ADP private jobs up 177k. Pending home sales up 1.3%. No inflation in Eurozone. Trump in Mexico. Brazil impeaches Dilma. Fly to Cuba. La Junta takes over Puerto Rico. SWIFT hack. Monsanto whistleblower. ITT down for the count. Ghost ships. Financial Review by Sinclair Noe for 08-31-2016
http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-07-14-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSNew record high close. Band of England no change. Earnings reporting season. PPI up. Unemployment claims unchanged. New home sales up. Line Corp IPO. Google antitrust in EU. FCC opens up a 5G world. Financial Review by Sinclair Noe for 07-14-2016
http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-24-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS Wall Street rallies – go figure. Est-ce que Google a un problème d’impôt? Exxon has a problem with its own shareholders. Deere has a problem renting out tractors. Financial Review by Sinclair Noe for 05-24-2016.
http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-23-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS Financial Review by Sinclair Noe for 05-23-2016 Markets are waiting on the Fed to act. Bayer goes after Monsanto. Libor antitrust case goes back to a lower court and possible trebled damages.
http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-19-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSThe Fed chases the bulls away. Say it ain’t so Lefty. What you see in the mirror. Financial Review by Sinclair Noe for 05-19-2016
http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-07-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 10-07-2015 DOW + 122 = 16,912 SPX + 15 = 1995 NAS + 42 = 4791 10 YR YLD + .03 = 2.06% OIL – .47 = 48.06 GOLD – 1.80 = 1146.80 SILV + .17 = 16.15 The S&P 500 closed at its highest level in three weeks. The S&P 500 has been up for 6 out of the past 7 sessions. The S&P is down 3.09 percent for the year and the Dow is off by 5.11 percent ytd. Yesterday, oil prices jumped nearly 5% as the American Petroleum Institute reported a 1.2 million barrel decrease in crude stocks last week. The International Energy Agency has said it expects world oil demand to increase by around 1.7 million barrels per day this year, one of the fastest rates for years as consumers respond to much lower fuel prices. The tightening market balance comes as U.S. production starts to decline. This morning, the Energy Information Administration reports global oil demand should increase by its fastest rate in six years in 2016, suggesting a surplus of crude is easing more quickly than expected. The EIA forecasts U.S. oil output will fall to 8.8 million barrels per day from an average of 9.25 million in 2015. But the EIA report also showed U.S. crude inventories rose by 3.1 million barrels in the last week, compared with analysts’ expectations …
Economic Wallbanger by Sinclair Noe DOW – 208 = 15,115SPX – 23 = 1630NAS – 35 = 345510 YR YLD + .04 = 2.16%OIL – 1.98 = 91.63 GOLD – 25.40 = 1389.30SILV – .51 = 22.37 We finish the month of May with the Dow Industrials up 1.9% on the month; the S&P 500 posted a monthly gain of 2.1%, and the Nasdaq Composite added 3.8% for the month. With this week’s declines, the MACD indicator for the Sell in May strategy, finally turned negative, just in case you had been waiting. The S&P 500 marked seventh monthly advance, its longest monthly winning streak since one ending in September 2009. The Dow industrials recorded their sixth straight monthly gain. Treasury prices dropped again today to finish their worst monthly performance since December 2010; the yield on the 10-year note climbed 46 basis points on the month. At one point during today’s trading, the yield topped 2.20%. Next week, we’ll see how the labor market is behaving. Today we found out that the unemployment rate for the 17 nation Eurozone has increased to 12.2%, the highest level since data has been compiled starting in 1995. Consumer price inflation was far below the ECB’s target of just below 2%, coming in at 1.4% in May, slightly above April’s 1.2% rate. Price increases may quiet concerns about deflation, but the deepening unemployment crisis is a threat to the social fabric of the eurozone, with almost two-thirds of young Greeks unable to find …
Seeds of Change by Sinclair Noe DOW – 108 = 13,927 SPX – 18 = 1511NAS – 49 = 316410 YR YLD – .01 = 2.02%OIL – 2.28 = 94.82GOLD – 40.50 = 1565.10SILV – .87 = 28.67 We may be seeing the seeds of change. Today, the Federal Reserve released the minutes from the January 30 meeting of the Federal Open Market Committee. The minutes reveal that several FOMC policymakers think it might be time to shake things up, vary the pace of their $85 billion dollar per month bond purchase program. According to the minutes, the debate “emphasized that the committee should be prepared to vary the pace of asset purchases, either in response to changes in the economic outlook or as its evaluation of the efficacy and costs of such purchases evolved.” The minutes of the FOMC meeting states: “Several participants noted that a very large portfolio of long-duration assets would, under certain circumstances, expose the Federal Reserve to significant capital losses when these holdings were unwound. Others pointed to offsetting factors, and one noted that losses would not impede the effective operation of monetary policy.” The Fed at its January meeting decided to continue buying $45 billion a month of Treasuries and $40 billion in mortgage- debt without setting a limit on the duration or total size of the purchases. Policy makers also affirmed their pledge to keep the target interest rate near zero “at least as long” as unemployment remains above 6.5 percent and inflation …