Financial Review

Choke

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-06-27-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…Stocks rally then choke. Justice Kennedy will retire. SCOTUS rules against fair share for unions. Apple and Samsung settle. Disney cleared for Fox. Conagra-Pinnacle seek to control your freezer. Financial Review by Sinclair Noe for 06-27-2018

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Financial Review

Thus Spake Yellen

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-29-2016.mp3Podcast: Play in new window | Download (Duration: 13:15 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSYellen speech is dovish. Risk on.

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Financial Review

By Land and Sea

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-01-11-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS  Financial Review by Sinclair Noe for 01-11-2016 DOW + 52 = 16,398 SPX + 1 = 1923 NAS – 5 = 4637 10 Y + .03 = 2.16% OIL – 2.04 = 31.12 GOLD – 10.40 = 1095.20     Chinese stocks saw another big drop. China’s Shanghai Composite tumbled 5.3% on Monday, bringing its 2016 loss to 14.8%. The sell-off did not trigger circuit breakers because the Chinese exchanges gave up on that idea after last week’s big declines. The decline came even after the yuan gained following a second intervention from the central bank.   Oil prices are sharply lower to start off the week as concerns over demand from China impact trading again, along with some fresh worries. Morgan Stanley is the latest major investment firm to forecast oil prices could fall into the $20s with the U.S. dollar continuing to strengthen against major currencies. WTI crude futures dropped under $32 a barrel; that is a 12 year low. And remember this is at a time of increased tension in the Middle East; forget the fear premium, at least unless shipments are actually disrupted. Meanwhile, oil is being pumped out of the ground as if price doesn’t matter. Maybe we need to re-think the idea that oil-dependent economies like Saudi Arabia aren’t so much pumping oil now to defend market share but to get oil out of the ground while it has any value at …

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Financial Review

Labor Day 2014

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-01-2014.mp3Podcast: Play in new window | Download (Duration: 13:15 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSLabor Day 2014 The markets are closed today. We have no economic news to report. It is Labor Day 2014; a holiday that likely doesn’t carry much weight with most of us; a day for a barbeque perhaps; maybe a trip to the lake or the beach or the mountains; possibly a day for shopping the Labor Day sales at the local mall; car dealers tell us this is Black Friday for car buyers. Fair enough. This is not the end of summer. Officially, summer lasts about 3 more weeks, unofficially it will feel like summer for at least a couple of months. For most of us, Labor Day 2014 is a Monday holiday, a chance to relax with family and friends. And that’s a good thing, but there is more to it. Observed on the first Monday in September, Labor Day pays tribute to the contributions and achievements of American workers. It was created by the labor movement in the late 19th century and became a federal holiday in 1894. In the late 1800s, at the height of the Industrial Revolution in the United States, the average American worked 12-hour days and seven-day weeks in order to eke out a basic living. Despite restrictions in some states, child labor was common. Very young children worked in factories or on farms, typically earning a fraction of the wages paid to adult workers. People of …

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