Global Markets

Global Markets Update: Investors Eye Chinese Economic Concerns

The past month has been chalk full of corporate earnings announcements in the U.S., and more political drama. Earnings were largely positive, but with the stock market at historically high levels, apparently something bigger than earnings growth is needed for the S&P 500 (INDEXSP:.INX) to break out above the 2400 level….

U.S. Corn Futures Weekly Outlook: Weather Watch!

July corn futures moved higher this week, closing up 4 ¼-cents per bushel week-on-week, finishing on Friday (5/5) at $3.70 ¾. Corn futures higher weekly close was entirely attributed to Friday’s session, which culminated with a 4 ¼-cents positive close that afternoon. This masked an otherwise disappointing week of price…

U.S. Corn Futures Weekly Review & Price Outlook – April 17

May corn futures moved higher this week, closing up 11 ½-cents per bushel week-on-week, finishing on Thursday (4/13) at $3.71. Corn futures managed to build on Monday’s 7 ½-cents higher close throughout the week despite what was initially viewed as a potentially Bearish April WASDE report released on 4/11. APRIL…

Indexing Bias: Investment Realities And Opportunities

This post was written by Derek Benedet and Craig Basinger of Richardson GMP. Behavioral Finance combines behavioral and cognitive psychology theory with conventional economics and finance. Essentially it attempts to account or add the “human” element into understanding how the markets behave. While still a relative new area, it has…

Market Insights: Is The “Trump Rally” For Real?

Summary: Although the US major stock markets are at or near all-time highs, the economic data signals continued US and global growth. My viewpoint is that we are still in the early stages of what could be a multi-year growth cycle. Here’s some detail on my thought process: If you…

Global Markets Update: Demographics May Hurt Future Returns

Equity markets continue to move higher on the hopes of fiscal stimulus in the U.S. But the pressure is on… Analysts are increasingly divided into bearish and bullish camps, as the politicians must now deliver on their promises to avoid disappointing the stock market. Stocks & Bonds Looking at the…

Foreign Trade Is THE Canary In The Coal Mine

How Donald Trump’s protectionist trade policies (whether tariffs/border adjustment taxes) impact the US economy is really not well understood. And therefore they are hard to realistically value, especially since there is so much at stake and so many disparate stakeholders. We can thus far assume this: Although the proposal for…

Market Update: Adjusting To The New Economic Climate

Each money manager and/or investor has a process that helps them determine when, how and how much to invest. The process that I use starts by looking at whether the United States and/or global economy is expanding or contracting. In other words, I first try to determine whether the global…

Crude Oil Technical Update: Market Bulls Face Hurdles

There’s been very little change in the outlook for crude oil over the past week. Fundamental and technical hurdles remain but from a price perspective, traders are awaiting a major “break” in either direction. Crude Oil Technical Picture West Texas crude oil (WTI) is trading just above $53 per barrel, as it…

U.S. Corn Futures Weekly Outlook: Is The Rally On?

March corn futures moved higher this week, closing up 9 ¼-cents per bushel week-on-week, finishing Friday (2/10) at $3.75 ½. March corn futures (CH7) closed at its highest level since July 13th, 2016. The big question now:  Can the rally continue? WEEKLY MARKET HIGHLIGHTS U.S. Ethanol Stocks Continue to Climb: In…