Investment Watch Blog

by kiwimancy Main paper: https://www.bankofcanada.ca/wp-content/uploads/2018/12/sdp2018-15.pdf Mentioned in money stuff: https://www.bloomberg.com/opinion/articles/2018-12-11/a-happy-anniversary-for-madoff-s-scam The paper discusses four ways of improving liquidity of canadian government bonds which should lower the cost of their debt. The last of these is pretty interesting, proposing that they would buy back the currently outstanding bonds which have many different maturities and rates and aren’t easily … Read more

USA TO CONDEMN CHINA – Source The Trump administration is preparing a series of actions this week to call out Beijing for what it says are China’s continued efforts to steal America’s trade secrets and advanced technologies and compromise sensitive government and corporate computers, according to U.S. officials. Multiple government agencies are expected to condemn … Read more

via reuters: A worrying sign of inversion in the U.S. Treasury bond curve is dulling the appeal of the developed world’s highest-yielding bond market for foreign investors. Overseas investors are reviewing their investments or shunning Treasuries as rates at the short end rise above those at the longer end and make it unprofitable for holders of … Read more

via thestreet: This might not come as a surprise to students of retirement, but it does shed light on the need for Americans of all ages to plan — and preferably with the help of a financial planner who is a fiduciary and one who provides comprehensive holistic advice — for their future. Consider: Two-thirds of … Read more

via Marketwatch: If you’re using economic indicators to determine your allocation to the stock market, you will most certainly be well behind the curve   An Elliottwavetrader member attended the 32nd Economic Outlook Symposium hosted by the Federal Reserve Bank of Chicago in November. On the first day, he sat in a room with 150 … Read more

  via CNBC: For example, 27 percent of people in Florence, South Carolina, who bought their car with a so-called subprime score — defined as a VantageScore between 300 and 600— are delinquent. Yet just 3 percent of residents with the same credit profile in El Dorado, California, are.

HFRX Global Hedge Fund Index is in turmoil pic.twitter.com/B1TJPwIEOj — Alastair (@StockBoardAsset) December 12, 2018 US 10 – 2 year #yieldcurve drops to 10 basis points! pic.twitter.com/WkmB522KLT — jeroen blokland (@jsblokland) December 11, 2018 A Bear Market is now underway $SPX $SPYhttps://t.co/QTRmH6VONS pic.twitter.com/Zrwo0u6OQf — Cam Hui, CFA (@HumbleStudent) December 10, 2018 LONG OVERDUE? This chart … Read more

by John Ward It is the assumption of many Brexiteers that the best result in tonight’s Conservative vote of confidence would be the humiliating defeat of Theresa May, and her immediate resignation. I doubt very much that is going to happen. But given the DUP’s importance in the Brexit withdrawal, her survival could well lead swiftly … Read more

(Bloomberg) — President Donald Trump urged the Federal Reserve not to proceed with an expected interest-rate increase when it meets next week, continuing his public campaign against further rate hikes. “I think that would be foolish, but what can I say?,” Trump said in an interview with Reuters at the White House on Tuesday. Trump … Read more

NEW YORK (Reuters) – The growing ranks of stock market Eeyores now have another reason to stay glum: Next year’s profit picture is darkening fast. Corporate earnings forecasts are eroding as the tailwind from the tax cut fades and as investors worry the U.S.-China trade dispute could upend global commerce more than it already has. … Read more