South Korea

It is hard to believe that a country sandwiched between two giants, China and Japan can have that much impact on the global economy. The population of South Korea is a little below 52, so it is not a small country but its economy, particular exports are being used as a yard stick for the… Read More »

Going Out With a Bang

Couple of days ago (July 23rd 2019) a Russian boxer, Maxim Dadashev, died after collapsing in the ring.  Two days after that Hugo Alfredo Santillán suffers the same fate in Buenos Aires.  He too collapsed in the ring.

How Thin is too Thin?

If you have doing any trading in the market recently, almost from a year or so ago, you would have seen the anemic volume being traded daily on most stocks.  I am talking about stocks with 2B+ cap yet there is less than 5-10 million dollars worth of trading on the daily.   In some cases… Read More »

The Rise of The Markets

The more I listen to financial news, the more I believe that they are not news, but rather propaganda.  An actual question by on of the puppets on CNBC:”We are going to tell  you why markets are rising.”   Really, no please let me tell you why markets are going up.

Car Affairs

Like everything else, it seems that you have to be a car expert before you take your car to the dealership. But it is amazing the stuff you find online nowadays and also how despite the evidence provided by many consumers, some car companies are still in denial in regard to some of the issues… Read More »

Speaking English

White people always complained about Hispanics not speaking English and about blacks not speaking proper English.  However, as soon as the get to the grocery store and stand in the express lane that says “10 items or less” they too cannot read any English!!!

Excess Reserves

This is a “thing” that came out of the 2008 crisis. There are plenty of sources that describe it and talk about it, as shown in the references below. But, you have to have know about it to find it of course.

The FEDs dual Mandate

“promote effectively the goals of maximum employment, stable prices, and moderate long term interest rates”  (Federal Reserve Bank of Richmod)

Corporate Debt Trade

There are few companies that are sitting on large debt and are not generating positive cash flow.  Originally was looking to target these when the interest rate rise. But now that the interest rates are not going to rise, at least due to FEDs policies, the trades are not as convincing.  However, if financial conditions… Read More »

OPEC 176th Meeting

It was just reported that OPEC + Russia have reached a deal to “restrict supply”, by CNN (https://www.cnn.com/2019/07/02/investing/premarket-stocks-trading/index.html) which is becoming the fake news king.  There was no agreement on any production restriction or cuts and the reasons were given in the article in regard to this issue and others are just pathetic.

Category: Oil