Stock

Monday Night Futures

Weekend:• Schedule for Week of January 19, 2020 Tuesday:• No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 and DOW futures are down slightly (fair value). Oil prices were up slightly over the last week with WTI futures at $58.82 per barrel and Brent at $65.20 barrel.  A year ago, […]

Investing

My thoughts on the fires

“It’s over … isn’t it Dad?” His lip began to quiver. “Yes … I’m afraid so mate”, I said, putting my arm around him. This happened just last Monday. We had the car packed, ready to head to the remote enclave of Cape Conran, East Gippsland, for a family camping trip. For the last few […]

Stock

Existing Home Sales: Lawler vs. the Consensus

The NAR is scheduled to release Existing Home Sales for December at 10:00 AM, Wednesday, Jan 22nd. The consensus is for 5.43 million SAAR, up from 5.35 million in November. Housing economist Tom Lawler estimates the NAR will report sales of 5.40 million SAAR and that inventory will be down 11.1% year-over-year. Based on Lawler’s […]

Tax

Why we need green bonds

The FT has reported this morning that: The head of the UK’s Debt Management Office has poured cold water on the case for issuing “green” government bonds, saying it could end up costing taxpayers more than standard gilts. Robert Stheeman, who is in charge of raising billions of pounds a year in the bond markets […]

Stock

Meet the strategist: Mike Pyle

We recently chatted with BlackRock’s Global Chief Investment Strategist Mike Pyle to learn more about him. This post features highlights from our discussion, including details about his move to asset management from economic policy roles at the White House, his approach to investment strategy and why he doesn’t currently have time for extracurricular hobbies. It’s […]