Financial Review

Your Money and Your Life

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-26-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSS  ……..Oil prices on the table in Algiers. BOJ looks at less than zero. The biggest risk – China. New home sales drop. Deutsche Bank stumbles badly. Wells Fargo Round Two. Mylan skips over inversion. Takata looks to BK. Traffic HERE. Financial Review by Sinclair Noe for 09-26-2016

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Financial Review

You Paid

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-23-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSOPEC meets in Algiers next week. No deals. Banks must scale back betting on commodities. Yahoo breach biggest ever (so far). France passes Germany. Marriott achieves global dominance over hotels. UPS trucks can’t go everywhere. Twitter pops on rumor – how appropriate. For profit college sucks. Why you paid for bonuses at Wells Fargo. Hottest-ever August. Financial Review by Sinclair Noe for 09-23-2016

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Financial Review

Waiting on the Fed

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-19-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFed decision due Wednesday. BOJ may steal their thunder. Global debt grows. Passporting rights at risk in a hard Brexit. An oil deal in the works? Home builder confidence grows. Sarepta has a drug for Duchenne MD. Salesforce introduces A.I. Hanjin docks. Financial Review by Sinclair Noe for 09-19-2016

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Financial Review

New Ways to Hail a Taxi

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-18-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSStocks drift. Oil jumps. Jobless claims drop. AZ bad jobs numbers. Underwater mortgage update. Walmart gets bigger. Earnings confusion. US cancels private prison contracts. Harley emissions scam. Bankers still behaving badly. Autonomous Ubers and driverless flying buses. Seriously. Financial Review by Sinclair Noe for 08-18-2016

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Financial Review

Wide-Ranging

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-06-02-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSS&P 2100. ECB 0%. OPEC no change. American death rate up. CFPB cracks down on payday usury. Wide-ranging billionaires. The rise of the drones. And patents galore. Financial Review by Sinclair Noe for 06-02-2016

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Financial Review

Aggressively Flat

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-06-01-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSManufacturing activity inches higher. Construction spending drops. Auto sales strong but could be better if they stop including exploding airbags. ECB and OPEC on tap tomorrow. Jobs report on Friday. Something doesn’t add up in the cloud. Dell tried to snooker shareholders. Cut the salt. Financial Review by Sinclair Noe for 06-01-2016

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Financial Review

Equally Divided

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-22-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSWall Street’s muted response to terrorism, FBI to Apple – never mind, Google in the cloud, and the Supremes are equally divided.

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Financial Review

Risk Off

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-11-2016_2_.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe for 02-11-2016 DOW – 254 = 15,660 SPX – 22 = 1829 NAS – 16 = 4266 10 Y – .06 = 1.64% OIL – .17 = 27.28 GOLD It’s a bad day for global stock markets.  Markets in Hong Kong opened for the first time this week and had their worst start to a lunar new year since 1994, falling 3.9 percent, adding to a 12% plunge since the beginning of the year. The MSCI Asia Pacific excluding Japan Index lost 2.2 percent. The Europe Stoxx 600 dropped 3.6%.   In her testimony to Congress yesterday, Federal Reserve Chair Janet Yellen was not certain whether she had the legal authority to cut rates into negative territory. Yellen on Wednesday said the crucial question confronting the Fed was whether the domestic economy is strong enough to keep growing modestly even as the global economy struggles. This is the question.   Today, Yellen headed over to the Senate Finance Committee and repeated her testimony from yesterday before opening it up for questions. Yellen said the cause of the market selloff is “not mainly our policy,” noting that the market was tranquil in the immediate aftermath of the increase in interest rates in mid-December. She doesn’t think the Fed will cut rates anytime soon. The key for the central bank is whether the negative shocks hitting the economy persist, Yellen said. The central bank will know more in a …

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Financial Review

Cat Herders in the Oil Patch

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-01-28-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe for 01-28-2016   DOW + 125 = 16,069 SPX +10 = 1893 NAS + 38 = 4506 10 Y – .02 = 1.99% OIL + 1.43 = 33.73 GOLD – 9.70 = 1116.00   The story of the day was oil, and it made for another ridiculous day of trading, dragging stocks up and down in its wake. Oil rose as much as 7.8% after Russia’s energy minister said that OPEC and other producers may meet to discuss output. Then, OPEC delegates said no talks were planned and oil prices floated back down to earth. OPEC is comprised of countries that rely on oil to fund national budgets. So, low oil prices have resulted in national deficits and desperate times. Several countries would probably welcome production cuts that might lead to higher prices but then you have Iraq pumping like never before; and then add Iran to the mix.   Iran has put the finishing touches on a deal to buy over 100 Airbus passenger jets. Iranian President Hassan Rouhani is in Europe, trying to revive business ties. Rouhani visited Italy with a 120-member delegation of business leaders and cabinet ministers, signing a raft of deals. The shopping trip then moved to France to buy planes. Peugeot is also scheduled to meet with the group. All those planes and cars cost money. Iran will be adding to production, not cutting.  And …

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Financial Review

Good to be King

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-12-08-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe for 12-08-2015 DOW – 162 = 17,568 SPX – 13 = 2063 NAS – 3 = 5098 10 YR YLD + .02 = 2.24% OIL – .08 = 37.57 GOLD + 3.40 = 1075.60   Back to back triple digit losses for the Dow and much of the carnage can be traced to the energy sector and the drop in oil prices. The problem is not just that many energy related companies might suffer losses, but that many of those companies carry big debt loads. Oil prices actually closed above the lows for the day. There was probably profit-taking by some of the shorts and bargain-hunting by those that think we’re going to rise for at least a little bit. Short-term gains in no way negate the bearish implications from this weekend’s OPEC meeting.   OPEC had a collective target of 30 million barrels a day since 2012 but they have been cheating on quotas and producing about 5% more. The important point is that OPEC is no longer the only game on the planet. Most of the global market doesn’t have any ceiling on production. Americans don’t have any ceiling. Russians don’t have any ceiling. Iran has been partially locked out of the global markets and they look to come back with a boatload of supply next month. And the Saudis are fighting a war in Yemen and their national budget is …

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