Financial Review

Opinions Anon

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-05-2018.mp3Podcast: Play in new window | Download (Duration: 13:09 — 7.5MB)Subscribe: Apple Podcasts | Android | RSS…Twitter and Facebook go to Washington. Google not so much. NYT Op-Ed cites inside resistance. Trade deficit jumps. NAFTA talk, talk. Kyl steps in for McCain. Theranos bleeds out. Financial Review by Sinclair Noe for 09-05-2018

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Financial Review

Turnaround Tuesday

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-06-2018.mp3Podcast: Play in new window | Download (Duration: 13:16 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS….Stocks rebound in another wild ride. Overseas markets tumble. Volatility comes roaring back. Waiting on another shutdown. Financial Review by Sinclair Noe for 02-06-2018

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Financial Review

Follow the Money

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-12-05-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS….Stocks slip. Risks are high. Jay Powell confirmed. ISM slips. Trade deficit jumps. Deutsche Bank subpoenaed, maybe. Public hates the tax plan. Russia banned from Olympics. More fire in Cal. Financial Review by Sinclair Noe for 12-05-2017

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Financial Review

G19

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-07-06-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..G19 summit underway. Deals and tear gas abound. France bond auction stumbles, global bonds tumble. Waiting for the jobs report tomorrow: ADP private sector payrolls weak, initial claims up, ISM service sector growing. Ninth year of the recovery but not for everyone. Education Department sued. QVC-HSN. Berkshire-Oncor. Illinois overrides a veto to reach a budget. Financial Review by Sinclair Noe for 07-06-2017

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Financial Review

Take 63

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-04-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..Trade deficit falls. China-US trade talks this week. Infrastructure talk, look for a package in May. Carbon tax and VAT? Repeal pre-existing conditions. Retail sector slide. Fed Prez Jeffrey Lacker resigns. JPMorgan annual letter to shareholders – there is “something wrong” with the country. Financial Review by Sinclair Noe for 04-04-2017

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Financial Review

Trumpcare

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-07-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..GOP unveils repeal and replacement for Obamacare. H-1B suspended. Trade deficit at 5 year high. Eurozone growth. Brazil recession grinds. Exxon invests big in Gulf coast. Salesforce and IBM go all AI. Alexa to testify. RadioShack closing again. Raiders to LV. Financial Review by Sinclair Noe for 03-07-2017.

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Financial Review

The Streak Ends

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-28-2017.mp3Podcast: Play in new window | Download (Duration: 13:16 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..Trump addresses Congress tonight; looking for specifics. 4Q GDP estimate holds at 1.9%. Trade deficit widens. Home sales up 5.6% last year; up 4.9% in Phoenix. Consumer confidence up in Feb at 16 year high. Fed jawbones rate hikes. Morgan Stanley pulls a LaLaLand on taxes. Samsung chairman indicted. YouTube at 1 billion hours a day in USA. YouTube Unplugged. Apple goes AR and other stuff they won’t talk about. Financial Review by Sinclair Noe for 02-28-2017

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Financial Review

Dominoes on Edge

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-12-06-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS…..Dow record high close; Russell 2000, too. Don’t get complacent. Trade deficit jumps. Italian banks on the edge. No deal for austerity weary Greeks. OPEC already cheating on output. Los Angeles threat alert. Amazon automates groceries. SCOTUS says Samsung only stole a little of the Apple iPhone. SCOTUS defines insider trading. #extremists. 5G someday. Financial Review by Sinclair Noe for 12-06-2016

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Financial Review

Earnings Season Playlist

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-26-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS…..A deluge of earnings reports. The end of Google Fiber? New home sales up, inventories tight. Trade deficit declines. NATO flexes muscle. Microsoft wants to be cool. Watson aims at ubiquity. Friends don’t tag friends on Facebook. Financial Review by Sinclair Noe for 10-26-2016

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Financial Review

Table Scraps

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-05-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS…..ISM pops. ADP private jobs slip. Trade deficit inches up. Happy holiday sales forecast. IMF warns global banking system is too weak to recover. Paris Climate Accord ratified. Hurricane Matthew moves to US coast. ECB to taper. SCOTUS on insider trading. Fidelity’s conflict of interest. Sears sells the tools. Google goes for hardware with an AI assist. Financial Review by Sinclair Noe for 10-05-2016

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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: Apple Podcasts | 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

Dovish Indeed

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-07-06-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFed minutes mixed with a hint of dovishness. Trade deficit grows on stronger dollar. ISM service side up. UK RE funds halt redemptions. Keep calm and move to Berlin or Paris. Gold up. Medivation on the block. PBGC and Central States Pension going broke. Messi messed up but misses another penalty. Financial Review by Sinclair Noe for 07-06-2016

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Financial Review

More on the Panama Papers

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-05-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSISM report, JOLT survey, trade deficit, home prices – plus the Panama Papers claims its first PM.

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Financial Review

The February Jobs Report

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-04-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 03-04-2016 DOW + 62 = 17,006 SPX + 6 = 1999 NAS + 9 = 4717 10 Y + .05 = 1.88% OIL + 1.24 = 35.81 GOLD – 4.30 = 1260.60   The US economy added 242,000 new jobs in February, almost 50,000 more than estimates. The unemployment rate was unchanged at 4.9%. Employment gains for January and December were revised up by a combined 30,000.   Total employment is now 5.1 million above the previous peak.  Total employment is up 13.8 million from the employment recession low. Private payroll employment increased 230,000 in February, and private employment is now 5.5 million above the previous peak. Private employment is up 14.3 million from the recession low. In February, the year-over-year change was 2.67 million jobs. The private sector has chalked up 72 months of uninterrupted job gains, the longest streak on record. As we look at the different sectors where jobs were created or lost, a theme develops; the sectors involving energy, natural resources, and international trade were hit while the sectors that mainly involve the domestic economy seem to be prospering. The mining sector, which includes oil and gas producers, cut jobs for the 17th straight month amid falling oil prices (down 18,000). After a 23,000 gain in January, manufacturers cut 16,000 jobs – that could be a one-month blip but could also suggest falling demand …

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Financial Review

Bon Appetit

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-01-06-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 01-06-2016 DOW – 252 = 16,906 SPX – 26 = 1990 NAS – 55 = 4835 10 Y – .07 =  2.18% OIL – 1.98 = 33.99 GOLD + 16.30 = 1094.80   Sometimes the world can be a messy place. Global markets get discombobulated. That has been the case in the first few trading days of the year. Saudi Arabia and Iran are about as friendly as cats and dogs, China’s economic growth is grinding slower, and then, in left field, North Korea drops a bomb, or at least tests a bomb, maybe.   North Korea announced that scientists had successfully detonated a hydrogen bomb. The U.S. Geological Survey reported that a magnitude 5.1 earthquake was triggered near North Korea’s nuclear test site in the northeast of the country, but could not confirm that it was related to an H-bomb test.   China’s central bank set the yuan’s reference rate at an unexpectedly weak level, a reminder of the shock depreciation in August that sparked a wave of financial-market turmoil. Chinese media said that last summer’s selling ban on major shareholders would remain in place until the government publishes new rules on such sales.  The Shanghai Composite Index jumped 2.3 percent. Emerging-market stocks dropped to a six-year low and developing-nation currencies declined versus the dollar, while shares in Europe resumed losses after closing higher on Tuesday. Investors are …

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Financial Review

Commodity Crush

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-12-29-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 12-29-2015 DOW + 192 = 17,720 SPX + 21 = 2078 NAS + 66 = 5107 10 Y + .08 = 2.31% OIL + 1.06 = 37.87 GOLD + .50 = 1070.00   The Commerce Department reports the trade deficit grew to $60.5 billion in November – a three-month high – as exports declined more than imports. Exports of goods shrank 1.9% to $121 billion, the second straight monthly decline. Imports dropped a slim 0.2% to $181.5 billion in November. Trade has been a drag on growth in five of the last seven quarters, as the strong dollar and weak global economies have limited exports.   Home values in 20 U.S. cities rose at a faster pace in the year ended October as lean inventories of available properties combined with steadily improving demand. The S&P/Case-Shiller index of property values climbed 5.5 percent from October 2014 after rising 5.4 percent in the year ended September. A limited supply of properties for sale has helped prop up home values. Prices in Phoenix were up 0.5% from September to October and up 5.7% over the past 12 months ending in October. At the peak in 2006, prices in Phoenix were up 127% above the January 2000 level. Then prices in Phoenix fell slightly below the January 2000 level, and are now up 55% above January 2000 (55% nominal gain in almost …

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Financial Review

Another Strong Jobs Report

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-12-04-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 12-04-2015 DOW + 369 = 17,847 SPX + 42 = 2091 NAS + 104 = 5142 10 YR YLD – .05 = 2.28% OIL – 1.01 = 40.07 GOLD + 25.30 = 1087.90   The economy added 211,000 jobs last month, beating estimates of about 200,000. The unemployment rate held steady at 5% as more workers entered the labor pool. The Labor Force Participation Rate increased in November to 62.5%, from 62.4% in October. The last two months’ jobs numbers were revised higher. The government said 298,000 new jobs were created in October instead of 271,000. September’s gain was raised to 145,000 from 137,000. Over the past 12 months, the economy has added 2.64 million jobs.   Let’s break down jobs by sector: Employment in construction rose by 46,000 in November, with much of the increase occurring in residential specialty trade contractors (+26,000). Over the past year, construction employment has grown by 259,000. Professional and technical services added 28,000 jobs. Over the year, professional and technical services has added 298,000 jobs. Health care employment increased by 24,000 over the month, following a large gain in October (+51,000). In November, hospitals added 13,000 jobs. Health care employment has grown by 470,000 over the year. Employment in food services and drinking places continued to trend up in November (+32,000) and has risen by 374,000 over the year. Retail trades added …

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Financial Review

The Best Story

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-06-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 10-06-2015 DOW + 13 = 16,790 SPX – 7 = 1979 NAS – 32 = 4748 10 YR YLD – .02 = 2.03% OIL + 2.78 = 49.04 GOLD + 11.70 = 1148.60 SILV + .22 = 15.99   The U.S. trade deficit increased to a five-month high of $48.3 billion. The trade gap was 15.6% higher compared to a revised $41.8 billion deficit in July. U.S. exports dropped 2%;  exports have fallen 6% compared to one year ago, hurt by a rising value of the dollar that’s made American goods and services more expensive overseas. Most other economies are not performing as well as the U.S. and that’s also limiting demand.   A slowdown in emerging markets driven by weak commodity prices forced the International Monetary Fund to cut its outlook for global growth this year to 3.1 percent from a July forecast of 3.3 percent. Next year the world economy is expected to expand 3.6 percent, less than the 3.8 percent projected in July. Brazil and Russia’s economies are contracting, Japan and the euro area are struggling, and long-time growth engine China is decelerating. The IMF advised emerging markets to be ready for the U.S. to tighten monetary policy, urged advanced economies to address “crisis legacies” and suggested nations consider the “compelling” case for public infrastructure investment at a time of very low long-term interest rates. The G-20 meets this …

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Financial Review

Sliding Into the Close

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-03-2015.mp3Podcast: Play in new window | Download (Duration: 13:14 — 12.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 09-03-20015   DOW + 23 = 16,374 SPX + 2 = 1951 NAS – 16 = 4733 10 YR YLD – .03 = 2.17% OIL – .12 = 46.63 GOLD – 8.70 = 1126.00 SILV + .03 = 14.83   Wall Street started the session on a high note, but could not hold it. Stocks slipped into the close and the Nasdaq turned red for the day. The stakes couldn’t be higher for the tomorrow morning’s August employment report, even though the month has typically been cursed by disappointment. The consensus guesstimate calls for about 215,000 to 220,000 new jobs created in August, with the unemployment rate holding at 5.3%, but August is notorious for misses. From 2005 to 2014, forecasters have over-estimated the initial August payrolls print seven times, including in each of the past four years. What’s more, the Labor Department (excluding annual and benchmark revisions) has marked up its first estimate in subsequent months in eight of the past 10 years. Part of the puzzle of forecasting August payrolls is the difficulty in adjusting for annual changes in the school-year calendar. Financial-market turmoil, at least, probably did little to impact hiring decisions in August. The government surveys households and businesses in the week that contains the 12th of the month, so the data will reflect responses covering the Aug. 9-15 period; that was a few days before the market …

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Financial Review

A Perfect Gift

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-06-03-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe DOW + 64 = 18,076 SPX + 4 = 2114 NAS + 22 = 5099 10 YR YLD + .10 = 2.37% OIL – 1.68 = 59.58 GOLD – 7.70 = 1186.00 SILV – .27 = 16.58   The U.S. trade deficit narrowed in April on a drop in imports. The Commerce Department said the trade gap narrowed to $40 billion from March’s revised deficit of $50 billion. The 26 percent drop in the April trade deficit was the largest decrease since early 2009 and reflects a surge in imports in March following the end of a West Coast ports labor dispute.   Service industries expanded in May at the slowest pace in 13 months. The Institute for Supply Management’s non-manufacturing index, which includes an array of industries from real estate to dining, declined to 55.7 from April’s 57.8. Readings above 50 signal expansion. Limited growth in orders reflects an American consumer who has been saving the extra cash from low gasoline prices and rising employment rather than spending it. Arts and entertainment, real-estate firms and rental companies led the list of the 15 non-manufacturing industries that reported growth in May. Mining, which includes oil extraction, contracted. An index of employment in service industries dropped to 55.3 in May from 56.7.   Payrolls processor ADP reports private employers added 201,000 jobs in May, the most since January. The ADP data …

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