Description: Jim Awad, Chairman of Plimsoll Mark Capital, explains why a strong dollar led to the Dow tanking 333 points and what effect it might have on the Federal Reserve raising interest rates. Source: CNNMoney.com – video report Date: March 10, 2015 Link: http://money.cnn.com/video/investing/2015/03/10/stock-market-crushed-dow-down-333-strong-dollar.cnnmoney/ Questions for Discussions: What does Jim Awad suggest is at the… Read more »
Posts Tagged: Currencies
$20 oil is possible: Jack Ablin, BMO Private Bank
Description: As market volatility continues, Jack Ablin, CIO of BMO Private Bank says one of the key drivers of the volatility – crude oil – could potentially hit $20 per barrel. And with the NASDAQ hitting 5,000 and the DOW and the S&P 500 reaching new highs, is Ablin still a long-term bull on U.S…. Read more »
Banks and bonds
Description: David Rosenberg, chief economist at Gluskin Sheff and Associates, explains why banks might be investing in U.S. bonds Source: CBC.ca – video report Date: Feb 23, 2015 Link: http://www.cbc.ca/player/News/ID/2655447343/ Questions for Discussions: What does David Rosenberg suggest is happening in global markets today? Why would U.S. bonds be attractive to banks?
Bullish Dollar Super Cycle to Push on Companies: O’Rourke
Description: Michael O’Rourke, chief marketing strategist at Jonestrading, discusses how businesses are dealing with the strong U.S. dollar. He speaks on “In The Loop.” Source: Bloomberg.com – video report Date: Jan 28, 2015 Link: http://www.bloomberg.com/news/videos/2015-01-28/bullish-dollar-super-cycle-to-push-on-companies-o-rourke Questions for Discussions: Summarize the analysis presented by Michael O’Rourke. Do you agree with his assessments with respect to currency… Read more »
How 2014’s Huge Market Moves Are Affecting the Economy in 2015
Description: Global financial markets made a series of epic moves in the second half of 2014: toward a sharply lower price of oil, much lower interest rates, and a far stronger dollar. Source: NYTimes.com Date: Jan 28, 2015 Link: http://www.nytimes.com/2015/01/28/upshot/how-2014s-huge-market-moves-are-affecting-the-economy-in-2015.html?ref=economy&abt=0002&abg=0 Questions for discussion: Summarize the highlights presented in this report. Do you agree with the… Read more »
Markets tumble as Greek government begins to backtrack on austerity
Description: Greek borrowing costs jump and markets tumble as Alexis Tsipras, Greece’s new prime minister, vows never to blindly submit to European creditors and government blocks sale of state assets Source: Telegraph.co.uk Date: Jan 28, 2015 Link: http://www.telegraph.co.uk/finance/economics/11374258/Markets-tumble-as-Greek-government-begins-to-backtrack-on-austerity.html Questions for Discussions: Why did the Greek stock market drop off so dramatically? What are the concerns… Read more »
Currency trading isn’t for amateurs
Description: There should be a sign hanging outside the foreign-exchange market that reads: Amateurs need not apply. Source: CNNMoney.com Date: Jan 21, 2015 Link: http://money.cnn.com/2015/01/21/investing/fxcm-swiss-currency-trading/index.html?iid=HP_River Questions for discussion: Why is currency trading so risky, according to the report? Why does it attract traders?
Francs, Fear and Folly
Description: Ah, Switzerland, famed for cuckoo clocks and sound money. Other nations may experiment with radical economic policies, but with the Swiss you don’t get surprises. Source: NYTimes.com Date: Jan 15, 2015 Link: http://www.nytimes.com/2015/01/16/opinion/paul-krugman-francs-fear-and-folly.html?mabReward=R5&action=click&contentCollection=Middle%20East®ion=Footer&module=Recommendation&src=recg&pgtype=article Questions for Discussions: Summarize the actions taken by the Swiss to manage the franc. What is the concern for the US… Read more »
Individual investors lose more than $400 million on bad Swiss currency bets
Description: In the wake of the 2008 market crash, a growing number of individual investors jumped into currency trading under the impression that it was a safer bet than stocks. On Thursday, investors learned just how wrong they were. Source: Fortune.com Date: Jan 16, 2015 Link: http://fortune.com/2015/01/16/swiss-franc-400-million-losses/ Questions for discussion: What are the lessons investors… Read more »
Will the new gold rush last?
Description: Gold is glittering in 2015. But it may be a temporary spike due to Greece and Europe fears and not a sign of another bull run for the yellow metal. Source: CNNMoney.com – video report Date: Jan 07, 2015 Link: http://money.cnn.com/video/investing/2015/01/07/gold-prices-rise-as-stocks-and-oil-prices-fall.cnnmoney/ Questions for Discussions: What are the reasons for gold’s rise as presented in… Read more »
