Global Markets

Financial Market Overview: Is Banco Espirito Santo A Canary In The Coal Mine?

We saw the U.S. equity markets retreat from their all-time highs (except the Nasdaq Composite which still has yet to break it’s 2000 all-time high!). The retreats were modest except in the growth-oriented Russell 2000 which declined 4.04%…in a single week. Volatility was up 12% from many see as complacency lows. The intermediate term trending indicators I use are still showing green arrows for the US and Canadian stock markets but internally

U.S. Dollar Under Pressure: Geopolitics Loom Large

While America sleeps, we continue to lose financial ground to those determined to unseat the monopoly of the U.S. currency. Take for example The People’s Republic of China’s Central Bank’s recent announcement that boosted the United Kingdom’s bid to be a center for offshore trading of Chinese currency. This should not escape your notice as you look at business news headlines. This article further illustrates the gains that are being

Are U.S. GDP Growth Estimates Still Too High?

Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made headlines recently by joining the chorus of analysts that have reduced the rosy outlook for the U.S. economy in 2014. The IMF reduced its U.S. GDP growth estimate to 2%, down from a 2.8% prediction as recently as April. Economists started the year predicting that that U.S. GDP would grow at a 3-3.5% annual rate. And they have been

Equities, Forex, Volatility: Andrew Kassen’s FX Street Interview

See It Market’s Andrew Kassen sat down earlier today with Dale Pinkert (@forexstophunter) of FX Street’s Live Analysis Room for a broad discussion covering equities, bonds, forex and the global volatility collapse. Thanks to Dale for the invitation and providing a forum for an excellent discussion. For more market perspective from the minds at See It Market, check out Andy Nyquist’s June 3rd FX Street interview with Dale.   Broadcast

European Election Results Dominate Global News; Markets Ho-Hum

After a long, relaxing holiday weekend in the U.S., it’s back to reality. Time to settle in and focus on the week ahead. As investors scan the headlines to see what’s been happening around the world, it’s pretty clear that the European election results are getting heavy print. Yet very few market participants seem concerned. A sampling of a few headlines includes: Euroskeptic Election Surge Gives EU A Headache Big

Could Financial Warfare Waged Abroad Boomerang On U.S.?

I have been alarmed by the speed and daring of the recent Russian takeover of the eastern portion of Ukraine. Our country’s reaction to this aggressive move by the Russians will not involve bombers and missiles, however, and that has implications for anyone with money to invest. Let me explain: The U.S. government has set into motion an attack of “financial warfare” on Russia, involving a new type of manipulation of

Thanks To Our Awesome Community

Roughly three years ago, I embarked upon a journey to provide a platform for smart, unbiased financial minds to be heard. I realized that media was becoming more social, and that there were a lot of very bright individuals sharing insights daily. And providing a community where those minds could collaborate was a big driver behind the framework for this “project” that we now call See It Market. Trading Ideas

Rising Meat Prices Point To Expensive BBQ Season

As Memorial Day approaches, more and more family and friends will get together for backyard parties and BBQs. But with rising meat prices, the question is:  Are you ready to foot the bill? Grilling fans like me will be stuck paying the highest price for ground beef since 1984. See chart below. USDA Ground Beef Price Chart What’s the reason for the price hike? Price increases are being blamed on

Trading Wisdom from the Desert – I: Process Over Outcome

Expect only what happens in the fight. That way you’ll never be surprised. — recollected from Duncan Idaho, the Swordsmaster of the Ginaz, by Paul Before anything else, trading is first a crucible of autodidacticism: a test of teaching oneself to accept recurrent lessons of humility before the market compels that acceptance. The humiliating import of Behavioral Finance is that our cognitive life is firmly set with a cornerstone of

2013 Cash Reserves Ranking: Apple, U.S. Corporates Lead Way

Most humans, apart from most teenagers, tend to be naturally averse to risk.  We try to avoid situations that are dangerous, embarrassing or in some way negatively compromising.  As investors, that may mean putting on hedges, rotating into more defensive sectors or raising cash reserves when risk is perceived to be higher. For corporate America, the latter has been the option of choice:  US corporations have significantly increased their corporate