China is the biggest risk we face…
https://youtu.be/I7pbwk_u-Wg David sits down at BNN to talk about rising risks from China and when the Fed might make their first move.
The Pendulum Shifts
By David Nelson, CFA It’s no secret that there’s been a raging debate inside the Fed. Hawks like Fed Governors Plosser and Fisher have been quite vocal in recent months taking every chance to voice their concerns that the Fed was falling behind the curve. In previous Fed releases it’s the hawks that have taken […]
The Fed Needs a Communications Czar!
By David Nelson, CFA In November of 2013 former Fed Chair Ben Bernanke made a speech describing his efforts over the last eight years to “make the Federal Reserve more transparent — and, in particular, to make monetary policy as transparent and open as reasonably possible.” The transparency he describes has morphed into a stream of consciousness narrative […]
Line in the Sand for the S&P 500 Redux
By David Nelson, CFA After the steep declines last week and the complete drubbing in the tech heavy NASDAQ markets are deeply oversold. However, an oversold market on its own is hardly an investment theme. The slightest spark could send us a few hundred points higher but it’s going to take more than dovish comments […]
Fed’s New Mandate
By David Nelson, CFA Wednesday, the FOMC released the minutes from their September meeting giving stocks their biggest one day gain of the year. If you aren’t sure if this was a Fed induced rally a quick look at the S&P intraday chart is all the confirmation you’ll need. All of this must be pretty […]
I Love Gold!
By David Nelson, CFA Anyone who has followed me for the last couple of years knows I’m a long term Gold Bear. I think the Bear Market started in 2011 and could last for several more years. Even Bear Markets have rallies and yesterday’s release of the Fed’s FOMC Minutes may have set up a […]
S&P 500 – The Only Game In Town
By David Nelson, CFA Yesterday’s selloff really started the night before with comments from China’s Finance minister saying that despite weakening economic indicators there would be no policy changes. In other words China was willing to live with less growth. At least for yesterday investors here weren’t willing and we saw selling across the board […]
We Aren’t at Defcon 1 – FED UP
By David Nelson, CFA The FOMC Team concluded their 2 day meeting yesterday with head coach Yellen taking the podium to answer questions. As I said in yesterday’s blog that if the controversial term “considerable time” remained, the first question in the press conference would focus on that decision. CNBC’s Steve Liesman got the first […]