Global Economic Intersection
Advertisement
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
Global Economic Intersection
No Result
View All Result

Are Europe’s Monetary and Stimulus Makeovers Attractive Alternatives to U.S. Equity Markets?

admin by admin
December 1, 2014
in Uncategorized
0
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

View from the Hill, 30 November 2014

by J. Clinton Hill

This week OPEC decided to leave production quotas unchanged at 30 million bbl//day and gave American consumers plenty to be thankful for on Thanksgiving. Either OPEC has ceded its ability to stabilize energy prices or it has thrown down the gauntlet to U.S. shale and other major international producers.

(As a sidenote, I highly recommend reading Business Insider‘s infographic article which summarizes breakeven oil prices for drilling prices throughout the world.) Yet, I still believe that lower oil prices threaten the long-term outlook for equities and merely represent a temporary windfall to consumers. The consequences of lower oil prices could potentially lead to geopolitical or social instability in some countries and also future oil price shocks as some energy producers abandon projects and unsustainable margins.

Several bullish events countered the above concerns. Europe’s Business Sentiment improved slightly as Germany’s IFO Survey unexpectedly increased to 104.7 and reversed a trend of 6 consecutive monthly declines while France’s Business Climate Indicator rose to 99, its highest level since May-2014. . In the USA, economic growth continues to expand, albeit at a decelerating pace, as the PMI Services Flash report came in @ 56.3 vs. prior @ 57.3 while the Fed Survey for Dallas Manufacturing surpassed expectations @ 10.5 vs. consensus @ 9.0 and prior @ 10.5. U.S. GDP for Q3-2014 was revised upward to 3.9% qtr/qtr vs. initial readings @ 3.5%.

From a bearish perspective, the Core U.S. Durable Goods, i.e. ex-transportation, slipped -0.9% mth/mth vs. consensus @ -0.5% and prior @ 0.2%.The S&P Case-Shiller indicator for residential real estate weakened annually to 4.9% vs. prior @ 5.6% while monthly prices increased slightly by 0.3%. On the labor front, weekly Unemployment Claims increased to 313k vs. prior @ 291k and consensus @ 286k.

Although the U.S. is still the prettiest girl on the dance floor, monetary and stimulus makeovers from Europe are garnering investors’ attention as early signs emerge that money may be flowing into the region. One may want to take note of Europe (VGK), Germany (EWG), France (EWQ) and Italy (EWI). The American lady looks a bit haughty and prone to being naughty relative to other equity market alternatives. Pardonnez-moi madame, voulez-vous danser avec moi un peu de temps, s’il vous plaît?. (See Charts below)




Market Summary: November 24th – 28th, 2014

Market Condition

A holiday-shortened trading week accompanied by lower volume should surprise no one. The only observation worth noting is that trend remains bullish for equities and let that be the end of it. My only negative comment concerns the deceleration in positive market momentum. However, as it remains positive, we must respect this along with price trends.

Some bullish weekly volume radar alerts worth mentioning are Kinder Morgan (KMI) up +3.58% on 273% surging volume; Tiffany & Co (TIF) up +3.49% on 76% higher volume; Ross Stores (ROST) up +9.94% on 58% higher volume; and Macerich Company (MAC) up +3.39% on 51% higher volume.

Bearish weekly volume alerts highlighted in this report are Gamestop Corp (GME) down -13.81% on 146% surging volume; Hormel Foods Corp (HRL) down -3.19% on 122% higher volume; and Haliburton Company(HAL) down -14.25% on 46% higher volume.


ETF Weekly Summary of Capital Markets

ETF Weekly Summary of Capital Markets (continued…)

*For your reference, “TWS” is a proprietary indicator that measures relative strength in a weighted manner over various time frames. “Vol %” compares weekly volume to average weekly volume and changes are expressed in percentages. At times, our investment bias indicator may temporarily display conflicting views between ETFs and the underlying indexes or securities they are designed to mimic or represent, but such divergences are temporarily short-term and may be due to variances in price, volume and investment allocation to their component assets.

The Road Ahead

Economic Radar

Dec-1-2014

Manufacturing (U.S. ISM Mfg Index; France PMI Mfg; Germany PMI Mfg; EU PMI Mfg; UK PMI Mfg)

Economic Growth (Italy GDP)

Central Banks (Australia RBA Announcement)

Dec-2-2014

Consumer (U.S. Motor Vehicle Sales)

Central Banks (India RBI Monetary Policy)

Real Estate (U.S. Construction Spending)

Economic Growth (Australia GDP; Japan PMI Composite; China PMI Composite; India PMI Services Index)

Dec-3-2014

Economic Growth (France PMI Composite; Germany PMI Composite; EU PMI Composite; UK PMI Services Index; EU GDP; U.S. PMI Services Index)

Central Banks (Canada BOC Announcement)

Consumer (EU Retail Sales; U.S. Beige Book; Australia Retail Sales)

Employment (U.S. ADP Employment Report; France Unemployment Rate)

Energy (U.S. Petroleum Status Report)

Inflation (Germany PPI)

Dec-4-2014

Central Banks (Great Britain BOE Announcement; EU ECB Annoucement)

Employment (U.S. Jobless Claims)

Dec-5-2014

Employment (U.S. Employment Situation; Canada Labor Force Survey)

Trade Reports (U.S. Int’l Trade; Canada Merchandise Trade)

Earnings Radar

Disclaimer: Hillbent does not provide individualized market advice. The information we publish regards securities in which we believe our readers may be interested and our reports reflect our sincere opinions. Nevertheless, they are not intended to be personalized recommendations to buy, hold, or sell securities. Investments in the securities markets, and especially in options, are speculative and involve substantial risk. Each individual investor should determine their respective appropriate level of risk. It is recommended that you seek personal advice from your professional investment advisor and conduct further independent due diligence research before acting on information published in any of our reports. Most of our information is derived directly from information published by the companies on which we report and/or from other sources we deem to be reliable, without our independent verification. Therefore, we cannot assure the completeness or accuracy of information contained within these reports and we do not in any way warrant or guarantee the success of any action which you take in reliance on our statements. Hillbent.com, Inc. or its affiliates may own positions in the equities mentioned in our reports. We do not receive any compensation from any of the companies covered in our reports.

Previous Post

Broad Wall Street Decline Led by Commodities and Apple

Next Post

PC Outlook Remains Grim Despite Tablet Slowdown

Related Posts

Bitcoin Flirts With $24K, How High Will It Go?
Economics

Bitcoin Flirts With $24K, How High Will It Go?

by John Wanguba
February 3, 2023
Venezuela's PDVSA Toughens Oil Prepayment Terms
Business

Venezuela’s PDVSA Toughens Oil Prepayment Terms

by John Wanguba
February 2, 2023
German Economy Unexpectedly Contracts In Q4, Renewing Recession Fears
Economics

German Economy Unexpectedly Contracts In Q4, Renewing Recession Fears

by John Wanguba
February 2, 2023
Judge Dismisses Proposed Class-Action Suit Claiming Coinbase Securities Sales
Business

Judge Dismisses Proposed Class-Action Suit Claiming Coinbase Securities Sales

by John Wanguba
February 2, 2023
Aesop Targeted In $2bn Bidding War Between French Groups
Business

Aesop Targeted In $2bn Bidding War Between French Groups

by John Wanguba
February 1, 2023
Next Post

PC Outlook Remains Grim Despite Tablet Slowdown

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins banking banks Binance Bitcoin Bitcoin adoption Bitcoin market Bitcoin mining blockchain BTC business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe finance FTX inflation investment market analysis markets Metaverse mining NFT nonfungible tokens oil market price analysis recession regulation Russia technology Tesla the UK the US Twitter

Archives

  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • August 2010
  • August 2009

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized
Global Economic Intersection

After nearly 11 years of 24/7/365 operation, Global Economic Intersection co-founders Steven Hansen and John Lounsbury are retiring. The new owner, a global media company in London, is in the process of completing the set-up of Global Economic Intersection files in their system and publishing platform. The official website ownership transfer took place on 24 August.

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Recent Posts

  • Bitcoin Flirts With $24K, How High Will It Go?
  • Venezuela’s PDVSA Toughens Oil Prepayment Terms
  • German Economy Unexpectedly Contracts In Q4, Renewing Recession Fears

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

No Result
View All Result
  • Home
  • Contact Us
  • Bitcoin Robot
    • Bitcoin Profit
    • Bitcoin Code
    • Quantum AI
    • eKrona Cryptocurrency
    • Bitcoin Up
    • Bitcoin Prime
    • Yuan Pay Group
    • Immediate Profit
    • BitIQ
    • Bitcoin Loophole
    • Crypto Boom
    • Bitcoin Era
    • Bitcoin Treasure
    • Bitcoin Lucro
    • Bitcoin System
    • Oil Profit
    • The News Spy
    • British Bitcoin Profit
    • Bitcoin Trader
  • Bitcoin Reddit

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

en English
ar Arabicbg Bulgarianda Danishnl Dutchen Englishfi Finnishfr Frenchde Germanel Greekit Italianja Japaneselv Latvianno Norwegianpl Polishpt Portuguesero Romanianes Spanishsv Swedish