Financial Review

Take 64

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-04-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..House of Reps votes to repeal and replace Obamacare, it’s the Senate’s problem now. Bad day for oil. And metals. Earnings roll on. Viacom beats but more homes cut the cable. CBS beats. Kelloggs double good. Shake Shack sinks. Cities can sue big banks for predatory lending. Financial Review by Sinclair Noe for 05-04-2017

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Financial Review

Brexit Day

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-06-23-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSPolls closed in Britain. Jobless claims down. New home sales down. Manufacturing PMI up. More renters and a possible shortfall of rentals. VW will pay $10B. SCOTUS on immigration and affirmative action. Solar planes and really, really fast electric cars. Financial Review by Sinclair Noe for 06-23-2016

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Financial Review

Preview

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-06-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS  Financial Review by Sinclair Noe for 08-06-2015   DOW – 120 = 17,419 SPX – 16 = 2083 NAS – 83 = 5056 10 YR YLD – .03 = 2.23% OIL – .31 = 44.84 GOLD + 5.00 = 1090.50 SILV + .06 = 14.76   Jobless claims rose by 3,000 to 270,000 in the week ended August 1. Firings are at historically low levels as employers hold on to more workers. More hiring would help convince Federal Reserve policy makers that the economy can withstand an increase in the benchmark interest rate this year. Claims have remained below the 300,000 level since March.   Outplacement consult Challenger, Gray & Christmas reports employers announced 105,696 layoffs last month. A year ago, U.S. companies announced plans to cut 46,887 jobs. The Army accounted for more than half of the total with 57,000 cuts expected over the next two years. The technology sector also contributed to July’s announced job reductions, with computer and electronics companies announcing 18,891 layoffs in July.   Tomorrow is the big monthly jobs report; and it probably represents the most important data the Fed will consider before the September 17 FOMC meeting. And the Fed will need to communicate any action beforehand to avoid disruption in the financial markets. We may be seeing a rate hike being priced in right now. The major averages came off session lows in the close. …

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