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Why I Shorted The Big 4 Banks
Article By: Greg Feirman
Friday, January 13, 2023 4:51 PM EDT
Long-term interest rates will come down as we enter a recession this year, squeezing banks' Net Interest Margin, the core of their profitability.
In this article: JPM Also: BAC, C, WFC
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Indexes Log Best Weekly Wins Since November
Article By: Schaeffers Research
Friday, January 13, 2023 4:38 PM EDT
Despite JPMorgan Chase's recession warning, stocks managed to swing back into positive territory to close out the strong week.
In this article: QQQ, GLD, OIL, SPX, VIX, DJI
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Real Wages Fall For The Twenty-First Month As Rent And Food Prices Keep Rising
Article By: Ryan McMaken
Friday, January 13, 2023 4:26 PM EDT
December was yet another month of declining real wages and was the twenty-first month in a row during which growth in average hourly earnings failed to keep up with CPI inflation.
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December Inflation: The Components
Article By: Jill Mislinski
Friday, January 13, 2023 4:13 PM EDT
A look at the annualized change in Headline and Core CPI, not seasonally adjusted, for each of the past six months.
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Odds Of U.S. Dollar Collapsing Overnight? Commonsense Facts You Should Know
Article By: Moe Zulfiqar
Friday, January 13, 2023 4:00 PM EDT
The U.S. dollar is the heartbeat of the global economy. If you removed the American dollar from the global economy overnight, it would have inconceivable consequences—not just in the U.S., but around the globe.
In this article: UUP
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Bitcoin: Great Long Term Setup But Triple Resistance Will Be A Hurdle
Article By: Taki Tsaklanos
Friday, January 13, 2023 3:30 PM EDT
Bitcoin must decisively clear 19622, on a 7-day closing basis, in order to be in an uptrend. With triple resistance, it’s too early for Bitcoin to be ‘up and away’.
In this article: BITCOMP
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The Biggest Global Risks Of 2023
Article By: Jeff Desjardins
Friday, January 13, 2023 3:00 PM EDT
The profile of risks facing the world is evolving constantly. These risks are grouped into five general categories: economic, environmental, geopolitical, societal, and technological.
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Q4-Q1 Rally Regains Its Mojo, Led By The Miners
Article By: Gary Tanashian
Friday, January 13, 2023 2:48 PM EDT
Copper and gold miners are leading the Q4-Q1 rally in broad asset markets.
In this article: GDX Also: COPX, ACWX, DBC, EEM, FXI, SPY
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Earnings This Week: Goldman Sachs, Netflix And Boohoo
Article By: Joshua Warner
Friday, January 13, 2023 2:36 PM EDT
We are now in the earl stages of earnings season after a string of US banks reported on Friday.
In this article: GS, MS, PG, UAL, BURBY, NFLX
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Credit Loss Provisions Soar As Banks Brace For Pain
Article By: Tyler Durden
Friday, January 13, 2023 2:24 PM EDT
JPMorgan, the biggest U.S. bank, said this year’s net interest income will be lower than analysts expected because the economy shows signs of slippage.
In this article: BAC, C, GS, JPM, WFC
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AskSlim Market Week - Friday, Jan. 13
Video By: Steve Miller
Friday, January 13, 2023 2:12 PM EDT
Technical and cycle analysis, and market commentary.
In this video: FXE, SPY, UNG, UUP, NDX, SPX
Watch
Budget Deficit Exceeds $1.4T In 2022
Article By: SchiffGold
Friday, January 13, 2023 2:00 PM EDT
The Federal Government ran a deficit of -$85B in December. While this was much smaller than the deficit posted in November, it marks one of the largest December deficits ever.
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Canada’s Housing Downturn Barely Started
Article By: Danielle Park, CFA
Friday, January 13, 2023 1:49 PM EDT
The 13.6% vacancy rate in downtown Toronto is now the highest since 2003. An additional 62% of new space under construction nationally is expected to complete in 2023.
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Bank Earnings Are The Opening Act For Earnings Season
Article By: Interactive Brokers
Friday, January 13, 2023 1:37 PM EDT
Bank earnings are the opening act for earnings season, but we really can’t know whether they will be setting the correct tone for the main event.
In this article: BAC, BRK-B, MS, XLF, VIX, GS
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Gold Buying Only Starting
Article By: Adam Hamilton
Friday, January 13, 2023 1:25 PM EDT
Gold has powered higher smartly over the past couple of months, achieving big gains. But this gold buying is only starting, implying this young upleg still has a long way to run yet.
In this article: , GDX, GDXJ, GLD
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Are Economic Experts Lying Or Confused Or Both?
Article By: Taki Tsaklanos
Friday, January 13, 2023 1:13 PM EDT
Dr. Copper has a track record of tracking the world economy. It is a global indicator, in other words.
In this article: JJC (RETIRED)
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