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July Outlook: Focus Turns To Corporate Forecasts As Wall Street Begins Digesting Q2 Earnings
Monday, June 28, 2021 - 4:14pm | 2113The old hockey adage goes, “Don’t skate to where the puck is, skate to where you think it’s going to be.” That same phrase could apply to investors once earnings season gets going in July. It’s not so much where the reporting companies have been or what they recently...
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AUD/USD Forecast: Trades Around 0.7700, But Bears Have Taken The Lead
Friday, April 23, 2021 - 10:30am | 409AUD/USD Current Price: 0.7706 Australian NAB’s Business Confidence improved to 17 in Q1 from 14 previously. The sour tone of equities weighed on the pair in the last trading session of the day. AUD/USD trades around 0.7700, but bears have taken the lead. The Australian dollar was unable to...
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GBP/USD Forecast: Sterling Tests 1.2900 As Brexit Remains Stuck Between The Rock And The Hard Place
Thursday, February 7, 2019 - 12:04pm | 589The GBP/USD is trading little changed on the downside at around 1.2900 as the currency pair is trapped in a corrective move lower ahead of the UK Prime Minister May meeting European Commission President Juncker on Thursday. The European Commission President Juncker said that "We cannot...
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Alan Greenspan: Fear Drives the Markets
Wednesday, October 23, 2013 - 10:11am | 540On the way to completing his new book, The Map and the Territory, Risk, Human Nature, and the Future of Forecasting, former Federal Reserve Chairman, Alan Greenspan had an epiphany. The epiphany, which Greenspan told The Wall Street Journal, “Upended my view of how the world works,” mostly...