Financial Review

Fed Day

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-15-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: iTunes | Android | RSS…..FOMC raises rates; very expected; not hawkish. CPI inches higher. Retail sales slow. Business inventories rise. Twitter hacked. Dutch Trump loses. MIT rewards rules breakers. Financial Review by Sinclair Noe for 03-15-2017

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Financial Review

When Others Are Greedy

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-16-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: iTunes | Android | RSS…..Another Dow record, barely. What’s sparking the rally. It’s a mess, except it isn’t. Optimism abounds. Fed sees strengthening economy. Philly Fed Mfg Survey at 33 year high. Housing starts down but permits up. Jobless claims still look strong. $16 billion for an app – Snap. Oil higher. OPEC is cutting but US is exporting. Biggest coal plant in the west slated to close.   Financial Review by Sinclair Noe for 02-16-2017

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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

Decent August Jobs Report

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-02-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSJobs report Friday. The economy added 151,000 job. The unemployment rate holds at 4.9%. Financial Review by Sinclair Noe for 09-02-2016

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Financial Review

The Case Has Strengthened

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-26-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSThus spake Yellen. Fischer confirms she is serious. September is on. GDP revised down; look for ponies. Trade gap narrows. Why nobody invests in the US? Herbalife twist. Amazon v Rackspace. Just take a pill. Financial Review by Sinclair Noe for 08-26-2016

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Financial Review

Pandora’s Box

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-17-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFOMC minutes show the Fed stuck in neutral. Aetna threatened to pull out of Obamacare exchanges if DOJ did not approve Humana merger – how it could backfire on Aetna. The return of subprime. Cisco job cuts. Target blames Apple. Unstoppable inversion. Financial Review by Sinclair Noe for 08-17-2016

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Financial Review

Go Figure

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: iTunes | 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.

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Financial Review

Don’t Fight the Fed

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-18-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSS  FOMC minutes show a June rate hike is on the table; Goldman sees no reason to own equities; plus overtime wages, steel tariffs, and if you have further questions ask that Google thingie. Financial Review by Sinclair Noe for 05-18-2016

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Financial Review

Flip Flop Fedspeak

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-18-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe for 02-18-2016 DOW – 40 = 16,413 SPX – 8 = 1917 NAS – 46 = 4487 10 Y – .06 = 1.76% OIL – .12 = 30.54 GOLD + 22.30 = 1231.70 After spending 2015 calling for rate hikes St. Louis Fed President James Bullard said Wednesday evening in a speech on monetary policy that it would be unwise for the Federal Reserve to continue raising interest rates given declining inflation expectations and recent equity market volatility. Bullard, who is a voting member of the Fed’s rate-setting committee this year, said he now feels key assumptions supporting higher rates have been undermined. Bullard’s big concern is inflation expectations, and inflation has been trending lower, and Bullard believes stock market expectations have a big impact on inflation. In contrast to Fed Chairwoman Janet Yellen or Fed Vice Chairman Stanley Fischer, Bullard doesn’t think labor market conditions have much impact on inflation as the traditional “Phillips curve” suggests.   Today, San Francisco Fed President John Williams gave a speech in LA, where he said the economy “is, all in all, looking pretty good.” Williams said his views of the economy haven’t changed much from December: “When I look at my December forecast and compare it with my outlook for unemployment and core inflation today, there’s virtually no change” Williams said he was aware of potential risks facing the economy but added …

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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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