Financial Review

Fade Summer

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-20-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…Longest bull market can’t shake the correction. China-US trade talk talk. Trump wants cheap money Fed. Greece finishes bailout era but not out of the austerity era.

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Financial Review

All Talk

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-16-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…Dow has best day in months. China will talk about trade. Turkey continues meltdown. EM struggles. Walmart rules. Nordstrom racks a beat. JC Penney hardly worth a penny. Financial Review by Sinclair Noe for 08-16-2018

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Financial Review

Turkey Melt

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

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Financial Review

Catch a Falling Star

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-10-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…Turkey v. US. Turkey stumbles, raising contagion concerns. CPI inflation picks up, wages stagnate. US deficit balloons. Puerto Rico death toll much higher than reported. California wildfires worst ever. Catch a falling star. Financial Review by Sinclair Noe for 08-10-2018

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Financial Review

Mylan Digs a Deeper Hole

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-25-2016.mp3Podcast: Play in new window | Download (Duration: 13:15 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSUnemployment claims 77 week streak.  Durable goods orders are solid. Waiting on the Fed in Jackson Hole, even if you are Fed Up. Mylan gets greedy and CEO digs the hole deeper. Brazil impeachment update. The end of FARC. Turkey moves into Syria. ON Semi gets approval for Fairchild Semi. Sears staggered. Uber losses. Robo-taxi happens. Airbnb shows very real meaning of hospitality. Financial Review by Sinclair Noe for 08-25-2016

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Financial Review

Turkey Shoots

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-24-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 11-24-2015 DOW + 19 = 17,812 SPX + 2 = 2089 NAS + 0.33 = 5102 10 YR YLD – .01 = 2.24% OIL + .89 = 42.64 GOLD + 6.70 = 1076.40 SILV + .05 = 14.30   The US economy expanded at a faster pace in the third quarter than previously reported. Gross domestic product rose at a 2.1% annualized rate, up from an initial estimate of 1.5%. Nearly all of the improvement was because of revised data on inventories, which showed businesses restocking shelves at a faster pace than the government first estimated. Still, company stockpiles remained elevated compared with sales, indicating that new orders and production will cool further to clear shelves and warehouses heading into 2016. Inventories grew at a $90 billion annualized rate from July through September, almost twice as much as previously estimated, but down from the second quarter.   The improvement in inventory levels was offset by a slight downward revision in consumer spending last quarter. Cheap gasoline is giving households a little extra money, and consumers are spending, just not quite as fast; consumer spending was revised down to 3% from 3.2% in the initial estimate for the third quarter. Consumption during the current fourth quarter, including the holiday shopping season, is expected to increase at an annualized rate of about 3%.   For all of 2015, the rate of …

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Financial Review

The Drops Missed Main Street

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-02-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 11-02-2015 DOW + 165 = 17,828 SPX + 24 = 2104 NAS + 73 = 5127 10 YR YLD + .04 = 2.19% OIL – .47 = 46.12 GOLD – 9.00 = 1133.70 SILV – .20  = 15.44   Today’s gains follow the best monthly performance of the major indexes in four years in October. The Nasdaq 100 closed at its highest level in more than 15 years. The S&P is up nearly 13% since hitting its lowest level for the year in August.   Monday morning brought merger news, later in the week we’ll hear from Fed Chairwoman Janet Yellen, delivering testimony to the House Financial Services Committee on why the Fed doesn’t have a vice chairman for regulation; a post created 5 years ago, yet the position was never filled. Also, on Friday we’ll get the monthly jobs report from the Labor Department. Wall Street is expecting an increase of 180,000 jobs and the unemployment rate to remain flat at 5.1%.   Visa said would buy former subsidiary Visa Europe Ltd in a deal valued at up to $23 billion. Visa and Visa Europe, a cooperative of European banks with more than 500 million cards, were part of a global bank-owned network until 2007. Most of the units merged to form Visa, which went public in 2008, leaving Visa Europe as a separate entity.   Shire …

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Uncategorized

Wednesday, January 29, 2014 – Benny Jets

Benny Jets by Sinclair Noe DOW – 189 = 15,738SPX – 18 = 1774NAS – 46 = 405110 YR YLD – .07 = 2.67%OIL – 01 = 97.40GOLD + 12.00 = 1268.70SILV + .15 = 19.81 You’ve heard the old post office creed; “neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds.” Generally true, however I bet some letter carriers are having a tough time delivering mail in Atlanta today. The Federal Reserve apparently has a creed. Who knew? Neither a disappointing December jobs report nor turmoil in emerging markets nor gloom of the US economy shall stay these central bankers from the incremental completion of their taper. Don’t worry; nothing to look at here; keep moving, keep moving. No sonny, that’s not a train wreck on Wall Street, that’s just the debris and detritus stirred up by the whirlybird which will now carry Helicopter Ben into the sunset, or more accurately to the boardroom of some investment bank. Yes, this is the last FOMC meeting for Ben Bernanke. He promised he would set a course for exiting QE, and he has; the problem is that the set course is fraught with perils. The Federal Reserve’s policy making Federal Open Market Committee wrapped up a two day meeting today by announcing they would cut back their bond buying program by $10 billion, to a mere $65 billion per month.  The FOMC added that it was “likely” to continue …

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Friday, January 24, 2014 – Bulls, Bears, and Bonuses

Bulls, Bears, and Bonuses by Sinclair Noe DOW – 318 = 15,879SPX – 38 = 1790NAS – 90 = 412810 YR YLD – .04 = 2.73%OIL – .41 = 96.91GOLD + 4.40 = 1270.00SILV – .11 = 20.01 The Dow has fallen every day this week, leaving it down more than 3%. That decline is the Dow’s worst weekly performance since mid-May 2012. Meanwhile, the S&P 500 is down 2.5% since last Friday. That’s the index’s worst weekly slide since early November 2012. All of the sudden, everybody seemed concerned about political and economic problems in Turkey, Argentina, and of course, China. The Turkish lira hit a record low and the South African rand fell to five-year low against the dollar. The Argentine peso had its sharpest decline in 12 years, going back to the 2002 financial crisis in that country; and the government abandoned its long standing policy of intervening to support the peso currency. Such moves are crucial factors for big, institutional foreign investors because exchange rate losses can easily wipe out any gains in stocks and bonds of emerging countries. Right now, the losses haven’t turned into a rout, but there is concern that the turn may push big institutional investors to cut losses and run as the effect of falling currencies becomes too painful to bear. Every emerging market crisis is first-and-foremost a currency crisis. For example, South African government debt was slightly positive in rand terms in 2013. But in dollars terms, it lost more …

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