Tag Archives: Energy

The Rest of the Americas: Reprise

We are continuing our review of what has happened since we laid out our expectations in our Perspectives at the beginning of the year. We had a view that one could find all manner of investment opportunities, long and short, without moving beyond the continents of the Americas. Given the volatility of the markets and the […]
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An Inflation Wild Card To Watch And…the best disclaimer I have ever read

Inflation In the blog just posted prior to this one, we pointed out that the Fed’s inflation favorite, the core personal consumption expenditure (PCE) index, was up only 1.3% year-over-year with the last number actually flat month-over-month. I indicated that inflation could remain lower longer thus leading to a slow rate of increase in the […]
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Employment Triggers a Green Light for a Fed Rate Hike, but…

It’s still a slow growth environment. Inflation is low. Investors can expect continued performance dispersion. Employment is off the table for the Fed As mentioned in our earlier video blog the November employment gain of 211,000 combined with the upward revisions totaling 35,000 for September and October certainly took the employment issue off the table as a […]
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Argentine Elections, Other Elections and the Markets

Por fin, un elección importante y idiosincrásico rompe una cadena Mauricio Macri, the conservative mayor of Buenos Aires, defeated Daniel Scioli, the ruling party’s candidate, in the runoff election in Argentina held on Sunday.  So, given everything else that is going on in the world, why does an election in a country that represents less […]
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South America, PE, and the Fed

Watch Friday’s Employment Numbers Last Friday, July 30th, I was invited back to Bloomberg Market Makers with hosts Matt Miller and Scarlet Fu. Katia Porzecanski, who follows the emerging markets, and Tracy Alloway, executive markets editor, joined the sessions. As usual the producers provide some topics a day or so before the appearances to prime […]
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Employment Numbers Surprise Most and Change Fed Expectations (Again)

In contrast to February, March employment numbers surprised on the downside, with adjustments to January and February reducing employment for the first three months to a seasonally adjusted average rate of 197,000, down from 220,000 previously. As we said last month, we would have expected some payback as the true impact of the weather, the […]
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Employment numbers surprise most and change Fed expectations

Don’t expect equity-like returns in traditional fixed income. I am just about to put out an update on our “What to Expect in 2015…” piece on Altegris Perspectives. However with a surprisingly good jobs report out this past Friday it is worth a specific comment on the report for those who care. The conclusion from […]
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