Investing

The case for active management in gold and precious metals mining equities

Academics and market watchers alike have long debated the relative merits of active versus passive management. We approach the issue from the perspective of a practical investor, recognizing the need for both management styles. We believe that there are segments of the market where either active or passive management can offer a distinct advantage, but […]

Stock

Black Knight’s First Look: National Mortgage Delinquency Rate Increased Seasonally in September, Foreclosure Inventory Lowest Since 2005

From Black Knight: Black Knight’s First Look: Despite Slight Seasonal Uptick, Mortgage Delinquencies Fall 11% From Last Year; Prepays More Than Double as Refi Wave Continues • The national delinquency rate edged up seasonally in September to 3.53%, but fell 11.2% from one year prior for the largest year-over-year decline in eight months • Both […]

Stock

A few Comments on September New Home Sales

New home sales for September were reported at 701,000 on a seasonally adjusted annual rate basis (SAAR). Sales for the previous three months were revised down slightly, combined. Sales were above 700 thousand SAAR in three of the last four months – the best four month stretch since 2007. Annual sales in 2019 should be […]

Stock

Kansas City Fed: “Tenth District Manufacturing Eased Slightly in October”

From the Kansas City Fed: Tenth District Manufacturing Eased Slightly in October The Federal Reserve Bank of Kansas City released the October Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District manufacturing activity eased slightly in October, and expectations […]

Insurance

How a Zero Depreciation Car Insurance Policy Benefits You during Claims?

Zero depreciation or nil depreciation car insurance policy provides comprehensive coverage for your car against damages caused due to an accident without considering the depreciation factor. Thus, in case of accidental damage to your car, no depreciation is deducted from the coverage of any body parts of the car excluding tyre and batteries. Zero depreciation […]

Tax

Election, anyone?

It’s amazing how geography changes perspective. I am in Brussels this morning to attend the final conference of the EU funded Horizon 2020 academic research programme I have been engaged in over the last three years. There is a sense of relief at being even a little distant from the UK and all the failings […]

Stock

Thursday: New Home Sales, Unemployment Claims

Thursday:• At 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for 214,000 initial claims, unchanged from 214,000 last week. • Also at 8:30 AM, Durable Goods Orders for September from the Census Bureau. The consensus is for a 0.7% decrease in durable goods orders. • At 10:00 AM, New […]