Summary: The week was marked by the release of the Consumer Price Inflation data in the US. The stock markets remain on a slightly positive note, while investors await the results of this earnings season and the FED decision and speech early next month. The annual inflation rate in the US slowed for a sixth […]
Week in Review: 9-13 January 2023 Read More »
Summary: Happy new year and welcome to the first trading week. A worldwide recession is being forecasted by almost everybody. Some still believe in a soft landing. But nobody really knows. So we’ll stay in tune with the news and make our best investments and bets, carefully. December FED minutes were released, and the aggressive
Week in Review: 3-6 January 2023 Read More »
Summary: A relaxed week, without any big developments on the geopolitical or economic fronts. No rally in the stock markets (the so-called Santa Claus Rally) and low volume as expected for this time of the year. The next months will be key in revealing the terminal FED funds rate. Then, we may get
Week in Review: 26-30 December 2022 – Happy New Year Read More »
A few interesting documentaries about Financial and Corporate scandals in the recent past. The Madoff Case Video: The Madoff Affair (full documentary) | FRONTLINE Channel: FRONTLINE PBS | Official ENRON Video: Enron – The Biggest Fraud in History Channel: ColdFusion HEALTHSOUTH Video: Biggest Healthcare Fraud In US History Explained Channel: Wall Street Millennial WORLDCOM Video:
Wall Street Scandals – Fraud and Delusion Read More »
Summary: Argentina won the Football World Cup 2022. (Source: The New York Times) Former FTX CEO Sam Bankman-Fried went to jail in the Bahamas and then was extradited to the US. (Source: The Guardian) CFPB ordered Wells Fargo to Pay $3.7 Billion for widespread Mismanagement of auto loans, mortgages, and deposit accounts
Week in Review: 19-22 December 2022 – Merry Christmas Read More »
Summary: On Tuesday, the annual inflation rate in the US showed signs of slowing down, for a fifth straight month to 7.1% in November of 2022, the lowest since December last year, and below forecasts of 7.3%. The markets rallied after such good news. However, on Wednesday, the Federal Reserve raised the fed
Week in Review: 12-16 December 2022 Read More »
A strong leader, and perhaps too stubborn in the end of her career as a prime minister in the UK. How well you did during her time in office defines what you think of Margaret Thatcher. Video: How Margaret Thatcher Became Britain’s Most Hated Prime Minister | The Iron Lady | Timeline Channel: Timeline –
Margaret Thatcher – The Iron Lady Read More »
Summary: The ISM Services PMI was released and the number was higher than last month (56.5 in November of 2022, vs 54.4 in October). Business activity increased faster (64.7 vs 55.7) and employment rebounded (51.5 vs 49.1), prompted by a new fiscal period and the holiday season. Also, price pressures eased (70 vs 70.7),
Week in Review: 5-9 December 2022 Read More »
Summary: Well…the markets continue confused and the economy continues to slowly slow. In a conference this week, J. Powell said that the FED funds rate rises are going to slow, in order to evaluate the effects of recent rate hikes on the system. Thus, a 0.5% increase in December is to be expected. The
Week in Review: 28 November – 2 December 2022 Read More »
In this section I list my personal library, by order of increasing complexity (and sometimes by the chronological order by which I read them) These books span a variety of subjects, from personal finance, economics, and varied investment methods, including paper assets, real estate, commodities and cryptocurrencies. These are just “suggestions”, based on the high
