The summer doldrums are coming to an end and the market is looking forward to its annual period of positivity that runs from October through to May-June. However, October is traditionally a volatile month for stocks. So, resolving several geopolitical tensions would do wonders for getting the market “back on wheels”. [more]
Last week, NASA posted then quickly retracted a paper written by Google’s researchers outlining a claim that the tech company built the first quantum computer while citing the term “quantum supremacy”, which means the computing power has reached a point capable of carrying out calculations previously impossible or more specifically, too time exhaustive, to carry out. [more]
After a break-out move that started in late-May/early-June, the price of gold has declined 4.2% since its early-September high. Now gold and its proxy ETFs are trading at critical technical levels. [more]
The Portfolio struggled in concert with the general market this past week. Still, it rose 1.1% in the month of September and it is up18.0% since inception. [more]
Factors impacting the economy, such as the U.S.-China trade spat, GDP growth, job numbers, wage increases, and the GM strike etc., are likely to have a more direct bearing on the future direction of the stock market than the Trump impeachment enquiry. [more]
Acclaimed American economist lays out four scenarios that could lead to a global economic recession and/or a severe financial crisis: (i) U.S.-China trade dispute; (ii) U.S. confrontation with Iran; (iii) A no-deal Brexit; and (iv) Next month’s Argentinian presidential election. [more]
The U.S. House of Representatives passed the Safe Banking Act. The legislation now moves to the Republican-controlled Senate for a vote. The legislation would protect federally-regulated banks from prosecution for doing business with cannabis companies in states where cannabis is legal. [more]
The eResearch Recession Barometer for Canada is already in Count-Down mode for a possible Economic Recession occurring within the next 15 to 20 months. All of our key recession-watch yield curve ratios are inverted and are steepening. Does the market know what the current positive economic indicators do not? [more]
eResearch has published a 70-page Industry Research Report on Project Generator companies in the Mining Industry. The report covers 32 Project Generator companies and provides four company overviews as well as three methods of company valuation for three different companies to illustrate how to value Project Generator companies – Cash Flow Analysis, Equity Portfolio Valuation, and Property Valuation. [more]
The S&P 500 Index has recently backed off its all-time high of 3,027 and fallen below the psychologically important 3,000 level. Critical support levels are at 2,950 and 2,875. [more]
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