Financial Review

Big Bounce

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-16-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS….Best day for Wall Street since March. Earnings on parade: Goldman, Morgan Stanley, Domino’s, Netlfix, IBM, UnitedHealth, United Air, Target-ing Toys. More than one job for everybody. Paul Allen passes. Financial Review by Sinclair Noe for 10-16-2018

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Financial Review

Whistle Past

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-22-2018.mp3Podcast: Play in new window | Download (Duration: 13:00 — 7.4MB)Subscribe: Apple Podcasts | Android | RSS…Trump confirms hush money payoff. Wall Street looks away. Fed minutes point to September rate hike. More tariffs against China tomorrow. Existing home sales stall. Target earnings on target. Lowes earnings good but not strong. Facebook plays whack-a-mole. Financial Review by Sinclair Noe for 08-22-2018

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Financial Review

February Jobs Report

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-09-2018.mp3Podcast: Play in new window | Download (Duration: 12:59 — 7.4MB)Subscribe: Apple Podcasts | Android | RSS…Economy adds 313,000 new jobs. Unemployment rate 4.1%. Wages barely budge. Wall Street loved the numbers. Financial Review by Sinclair Noe for 03-09-2018

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Financial Review

Auto Pilot

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-06-2018.mp3Podcast: Play in new window | Download (Duration: 12:51 — 7.4MB)Subscribe: Apple Podcasts | Android | RSS…More tariff idiocy. Factory orders fall. Uber driving trucks with no drivers in Arizona. Blackberry has patents. CVS junky. Off Target. Fresh Royale with Cheese. Washington state challenges net neutrality.   Financial Review by Sinclair Noe for 03-06-2018

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Financial Review

Cake and Panic

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-17-2017.mp3Podcast: Play in new window | Download (Duration: 13:16 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..Wall Street finally freaks. Trump agenda in doubt. Americans rack up $12.7 trillion in debt. Earnings updates. Google I/O; the machines are learning to learn.   Financial Review by Sinclair Noe for 05-17-2017

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Financial Review

No Coffee

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-21-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..Yield curve flattens. AHCA widely hated. Trying to close the deal. Markets overvalued. Banks take a hit. Current account deficit falls. Google can’t sell ads on hate sites. Walmart goes Silicon Valley. Apple sells cheap iPad, but don’t take it on a plane. Brit inflation leaps. Goldman Sachs plans to leave the City. Brit banks money laundering for Russia. Marriott adds rooms. Target remodels. Sears fades away. Financial Review by Sinclair Noe for 03-21-2017

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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: Apple Podcasts | 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

Slow to Patch

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-15-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe DOW + 75 = 18,112 SPX + 10 = 2106 NAS + 33 = 5011 10 YR YLD un = 1.90% OIL + 2.67 = 55.96 GOLD + 9.60 = 1202.50 SILV + .18 = 16.41   The Federal Reserve reports industrial production dropped 0.6% in March. The biggest drop since August 2012. For the first quarter, industrial production was down at 1% annual rate, the first quarterly decline since the end of the recession.   The National Association of Home Builders/Wells Fargo index of home builder confidence increased to 56 in April from 52 in March. Readings over 50 indicate that more builders see sales conditions as good rather than poor. All three components of the index improved in the month: sales expectations, buyer traffic, and the component gauging current sales conditions all moved higher.   China grew at its slowest pace last quarter since the global financial crisis in 2009; GDP expanded 7% in the three months to March from the year ago period, down from 7.3% the prior quarter. Retail sales and industrial output data broadly missed expectations, however, with the latter expanding at the slowest pace since 2008.   Japan overtook China as the top foreign holder of US government debt for the first time since the global financial crisis. Each country holds a little more than $1.22 trillion in US Treasuries, but Japan has about …

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Financial Review

Times Change

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-19-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe DOW – 117 = 17,959 SPX – 10 = 2089 NAS + 9 = 4992 10 YR YLD + .02 = 1.97% OIL – .81 = 43.85 GOLD + 4.10 = 1172.00 SILV+ .22 = 16.21   The Federal Reserve wrapped up a two-day FOMC meeting yesterday; and the stock market responded with a rally; the dollar dropped initially. After a day of consideration, stocks slipped and the dollar clawed back gains.  Oil prices rose yesterday and dropped again today. You could make the case that the Fed has maintained an overly accommodative monetary policy for too long, or you could argue that the economy will take a hit if the Fed hikes interest rates too soon. The Fed removed its pledge to be patient in tightening policy, while also cutting its forecast for the economy. Go figure.   Initial jobless claims edged up by 1,000 to a seasonally adjusted 291,000 in the period stretching from March 8 to March 14.  New claims have tracked below 300,000 for the second straight week after spiking to a 10-month high of 325,000 at the end of February in what now appears to have been weather-related quirk.   The Commerce Department said the current account gap, which measures the flow of goods, services and investments into and out of the country, increased to $113 billion from a $98 billion deficit in the …

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Financial Review

Milk and Cookies. Enjoy While You Can.

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-25-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe DOW + 15 = 18,224 SPX – 1 = 2113 NAS – 0.98 = 4967 10 YR YLD – .02 = 1.97% OIL + 1.75 = 51.03 GOLD + 2.90 = 1205.20 SILV + .22 = 16.64   Another record high for the Dow Industrial Average. These are the days of milk and cookies.   Federal Reserve Chairwoman Janet Yellen continued her semi-annual Humphrey-Hawkins testimony today in front of the House Financial Services Committee. The prepared opening remarks were identical to the testimony yesterday in the Senate. The Q&A session became a bit testy today as Yellen was accused of political bias. Republicans questioned Yellen about an October speech on inequality, just before the midterm elections, as evidence she was leaning toward the Obama administration and Democrats. Methinks they doth protest too much. There were also calls for an audit of the Fed, historically a nonstarter with Federal Reserve Chairs. It made for generally poor political theater.   The important part of the testimony was fairly easy to find. Keep in mind the Fed has a dual mandate of maximum employment and price stability. So the key statement from Yellen was when she said: “Provided that labor market conditions continue to improve and further improvement is expected, the Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when, on the basis of …

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