Guild’s Basic Needs Index
Market Summary for the Week of September 10th, 2018
Market Summary The U.S. Market and Economy As we have been mentioning frequently in these pages, we continue to have a bullish view of the U.S. economy. More positive economic data surface each week. This week we learned that small business optimism in the U.S. is at the highest level
China Bails Out Peer-to-Peer Lenders
For several years we have been alerting our readers to the dangers posed by the over-leverage of the Chinese financial system. Eventually this over-leverage could result in a financial crisis within China. Direct contagion would be limited because China’s financial system is largely separate from the rest of the world’s,
Index Shake-Up Could Give Tech A Boost
S&P Dow Jones Indices is the company which maintains the GICS — the Global Industry Classification System. That system assigns companies to specific industry groups; it’s important because so many exchange-traded funds are grouped together on the basis of these classifications. That can mean that many stocks get caught in
Market Summary: Don’t Fear the September Chop
U.S. and Global Stocks: The U.S. Remains the Place to Be Here we are in September, and as we have mentioned before September is a month for market adjustments before we move into what is usually the strongest period for U.S. stocks, which is from October through April. There have
Market Summary for the Week of August 27th, 2018
Market Summary The U.S. economy, GDP growth, consumer income, employment statistics, and corporate profits are very good. U.S. consumer spending is strong, and corporate profits for almost all economic sectors, including the consumer sector, are booming. Real GDP growth for the second quarter of 2018 was just revised upward slightly
Turkey Creates Big Headaches For Europe
Turkey and Europe When strongmen hit a wall, it’s usually bad for their currencies. This has recently been proven in spades in Venezuela, as the endgame rolls on for the experiment of “Bolivarian socialism.” It’s also proving to be the case in Turkey, and that has many implications for Europe.
Crypto and Blockchain: Going Mainstream
Crypto and Blockchain: Going Mainstream Blockchain Research Cryptos may be in a bear market, but blockchain investment keeps ramping up. Blockchain refers to all the various forms of “distributed ledgers,” and are one of the key technological innovations underlying cryptocurrencies. Distributed ledgers allow data to be securely exchanged directly between
Market Summary for the week of August 20th, 2018
Market Summary The bull market that began in March, 2009 has now become the longest in U.S. history. While corrections are possible at any time, and there are any number of potential catalysts for such a correction, we see nothing that suggests a bear market is imminent. The most important
Brexit and What Comes After
Brexit is grinding closer, and no political solution enjoys enough support to find its way to implementation. For what it’s worth, the consensus of analysts is that UK’s Prime Minister Teresa May will eke out agreement on a deal, one that possibly includes pushing out more difficult negotiations to the
Bad Apples In Emerging Markets
Where Are the Worst EM Troubles? Emerging-market stocks, for U.S. investors, have not been treated kindly by trade-war saber rattling during 2018 — as of this writing, down more than 17% from their late-January highs. Source: Bloomberg Finance LLP Until trade conflicts took center stage, though, emerging markets performed well
Market Summary
The U.S. Economy and Stock Market Fundamentally, the U.S. economy continues to be strong, and recent data indicate that the trend will continue. Fundamental stock market indicators are bullish. Corporate profit growth is strong, exceeding 23% for the first six months. Strong corporate profits are positive and correlated with stock
Magic Leap Is Magic, But Not As Much of a Leap As Hoped
Several times over the past few years, we’ve written about the secretive augmented reality startup, Magic Leap, which has raised big money from technology giants, including Alphabet [NASDAQ: GOOG], and from the Saudi sovereign wealth fund. “Virtual reality” (VR) headsets, such as Facebook’s Oculus, mask external reality entirely and place
Currencies and Sanctions: A New World of Foreign Policy?
Drama has unfolded in emerging markets, starting last week as the Trump administration stiffened tariffs against Turkish steel and aluminum, exacerbating the Turkish lira’s sharp decline. Stock markets soured globally as investors tried to determine whether Turkey’s problems were relatively isolated, or if there could be wider ramifications. European financials
Guild Investment Management Market Commentary August 10th 2018
https://www.youtube.com/watch?v=AsBL821Oj4o Our founder Monty Guild discusses India and it’s economic growth prospects for the week of August 6th, 2018. To learn more about Guild Investment Management, please go to www.guildinvestment.com.
