Caterpillar CEO Doug Oberhelman appeared on CNBC’s Squawk Box this morning. Caterpillar’s s quarterly result came in at 67 cents per share adjusted vs. 68 cents estimated. Mr. Oberhelman stated that rolling 3-month sales remain down. Mining sales are down 25% worldwide. Cat is a big global economy player. He stated that the first quarterContinue reading “caterpillar”
Monthly Archives: April 2016
yen: rally over or not?
In the previous post I mentioned the slowdown of the Yen rally. However, I came across this article from seekinalpha.com which mentions that the Yen rally still has momentum. Since February 2016, the Yen has strengthened by more than 12%. The stage has been set for a higher Yen against the Dollar. The negative interestContinue reading “yen: rally over or not?”
market sentiment speaks
Japan is running out of monetary policy actions. Is this a trend? Market sentiment indicates a slow down in the Japanese Yen’s bullish run. The market sentiment may be running the Yen’s course. That course seems to be that the Yen’s bullish run is over. a seekingalpha.com article was the source for this post
tightening policy
Is the Federal Reserve devaluing the dollar? The Fed needs to walk a fine line between a reemergence of inflation and creating a recession with higher interest rates. The higher dollar threatens to kill the U.S. post-recession economic expansion. Is the Fed devaluing the dollar or just being cautious? The greenback has fallen against allContinue reading “tightening policy”