Saturday, December 31, 2022

Forbes: 3 Things To Watch In 2023: Ukraine, China And Europe Matter

By SIMON CONSTABLE

No one knows for sure what 2023 will bring to Wall Street.

Nevertheless, recent history suggests what we might want to keep an eye on over the next 12 months. Read more here.

Mvs.gov.uaCC BY 4.0, via Wikimedia Commons



Forbes: Wilma Soss. The Woman Who Changed Wall Street Forever

By SIMON CONSTABLE

Women making a major difference on Wall Street is now the norm.

But decades before Cathy Wood made a splash then a crash with the tech-focused ARK Innovation ETF exchange-traded fund, there was Wilma Soss. 

And did she make a difference or what! Read more here.



Forbes: Individual Investors Bail On Everything In December, Data Show

 By SIMON CONSTABLE

Individual investors seem to have caught the jitters in every asset class.

That’s usually a positive sign for the market as a whole, which should come as a relief following a year when stocks and bonds both took a serious beating. Read more here.

Photo by Tomas Eidsvold on Unsplash

Forbes: Loan Data Shows Exceptional Economic Health, Though HELOCs May Be Cracking

By SIMON CONSTABLE

How bad is the economy?

Not nearly as bad as some are saying, at least according to some key loan metrics. Read more here.

Photo by Jonathan Borba on Unsplash


Forbes: Much Crypto Trading On Unregulated Platforms Could Be Phony, New Research Shows

By SIMON CONSTABLE 

If the scandal surrounding the FTX crypto-exchange wasn’t bad enough to scare all-but the crypto diehards to flee, now there’s even more bad news for cryptocurrency investors.

Up to four fifths of crypto trading on unregulated crypto exchanges may be phony, new research shows. Read more here.

Photo by Kanchanara on Unsplash


Thursday, December 29, 2022

Forbes Greece: Ύφεση ακούμε και ύφεση δεν βλέπουμε – μήπως ο Milton Friedman είχε δίκιο;

Του Simon Constable

Φτάνει πια με τη συζήτηση περί ύφεσης. Εδώ και –τουλάχιστον– έξι μήνες πολλοί οικονομολόγοι προβλέπουν μια επικείμενη επιβράδυνση ή κατάρρευση που θα συντρίψει την αμερικανική οικονομία.

Όπως τόσες και τόσες προβλέψεις στα ΜΜΕ, ούτε αυτή έχει εκπληρωθεί. Ούτε κατά διάνοια. Σε άρθρο μου που δημοσίευσα τον περασμένο Ιούνιο ανέφερα ότι υπήρχαν ελάχιστες ενδείξεις για ύφεση – τα σημάδια έδειχνα απλώς επιβράδυνση της ανάπτυξης. 

Εντούτοις, οι εκκλήσεις για "οικονομική λήθη" δεν κόπασαν, μα ακόμα περιμένουμε την ύφεση. 

Αυτή η αστοχία –και άλλες παρόμοιες– αποτελεί μάλλον την αιτία που έκανε τον οικονομολόγο J.K. Galbraith να αποφανθεί: "Η μόνη λειτουργικότητα των οικονομικών προβλέψεων είναι να κάνουν την αστρολογία να δείχνει αξιοσέβαστη". Και όντως η εικόνα της αστρολογίας βελτιώνεται κάθε μέρα. 

Barron's: Copper Is Sliding. Where Inflation Could Send Prices Next Year.

By SIMON  CONSTABLE

Copper prices will probably tumble nearly 20% over the next 12 months as demand cools and supplies stay stable amid a likely economic slowdown, experts say. 

“I wouldn’t be surprised to see prices edge lower,” says Carlos Sanchez, director of commodities management at New York–based CPM Group. Read more here.

Photo by Ra Dragon on Unsplash



Tuesday, December 27, 2022

Forbes: Long-Time Gold Bear JC Parets Turns Bullish; $5,000 Possible

By SIMON CONSTABLE

A long-time bear on investing in gold bullion seems to have flip-flopped.

Now he’s bullish, and how! Read more here.

 

Photo by Zlaťáky.cz on Unsplash

Forbes: Will Federal Reserve Rate Hikes Pull Down Inflation? Probably Not, New Research Shows

By SIMON CONSTABLE

We all know inflation is bad right now. But will the Federal Reserve’s actions have any helpful consequences?

Probably not, new research shows.

“The prevailing view that rate hikes are causative in curbing inflation implies a negative correlation between the two variables,” writes David Ranson, director of research at financial analytics firm HCWE & Co. Read more here.

Federal Reserve, Public domain, via Wikimedia Commons



Friday, December 23, 2022

Barron's: Ukraine War Upends Global Commodities Prices

By SIMON CONSTABLE

Ouch! The invasion wasn’t expected, and it wasn’t pleasant. But the war between Ukraine and Russia was central to commodities prices this year. The impact of the conflict is still being felt globally.

On Feb. 24, Russia invaded Ukraine, following weeks of military buildup dating back to 2021. The move sent shock waves through commodities markets. Read more here.



Monday, December 19, 2022

Forbes: Recession Still Nowhere To Be Seen: What You Need To Know...

By SIMON CONSTABLE

Enough already with the recession talk.

For at least six months, many economists have been forecasting an imminent economic pullback or collapse that would crush the U.S. economy.

Like so many things forecast in the media, it hasn’t happened. Not by a long way. A piece I wrote in June indicated there were few signs of recession, just slower growth.

Still, the calls of economic oblivion keep on coming relentlessly and yet no recession has emerged.

That failure and similar ones is probably the root of the Wall Street quip: “Economists were invented to make astrologers look good.” And those astrologers are looking better every day.

Here’s what you need to know. Read more here
Unemployed men queue outside a depression-era Chicago soup kitchen opened by Al Capone 1931. This file was provided to Wikimedia Commons by the National Archives and Records Administration as part of a cooperation project. The National Archives and Records Administration provides images depicting American and global history which are public domain or licensed under a free license.







Sunday, December 18, 2022

WABC Studio Debrief Jan 4, 2009: Gloom Prediction in 2009 @Batchelorshow

 By SIMON CONSTABLE

John Batchelor and Simon Constable play unemployed hedge fund managers and predict the economic calamities the U.S. faces in 2009

WATCH HERE.

WABC Studio Debrief 12-20-2008: Batchelor and Constable Play Scrooge and Marley

By SIMON CONSTABLE

John Batchelor and Simon Constable as Scrooge and Marley discuss the Bernie Madoff scandal.




WATCH HERE.

WABC Studio Debrief January 11, 2009: Smoot-Hawley

 By SIMON CONSTABLE

John Batchelor and Simon Constable play the Smoot and Hawley protectionists.


WABC Studio Debrief November 25, 2008. Too Big to Fail?

 By SIMON CONSTABLE

Debrief November 25, 2008. Batchelor and Constable discuss "too big to fail" and all of its insanity.


WABC Studio Debrief ll January 25. 2009: Hoarding Cash In a Piggy Bank

By SIMON CONSTABLE

John Batchelor and Simon Constable discuss the new fashion of hoarding cash this time in a piggy purloined from a now-dead bank.


WABC Studio Debrief Jan 18, 2009: Pizza Hell

 By SIMON CONSTABLE

WATCH HERE.

WABC Studio Debrief Debrief ll Jan 18, 2009: Bad British Banks

By SIMON CONSTABLE

John Batchelor and Simon Constable discuss plans by the U.K. government to create a bank to hold the mountains of bad debts which have been clogging up balance sheets lately.

WATCH HERE

WABC Studio Debrief: Strange Story of Funny Bunnies

By SIMON CONSTABLE 

John Batchelor and Simon Constable discuss the strange tale of a box of edible rabbits and $10,000 containing it. Plus, where do you put your money now?


WATCH HERE.

WABC Studio Debrief January 25, 2009: Blight on Blighty

 By SIMON CONSTABLE

WATCH HERE

WABC Studio Debrief Feb 8, 2009: Steel Bending

By SIMON CONSTABLE 

Batchelor and Constable discuss the declining steel trade now and in the 1930s.


Saturday, December 17, 2022

WABC Studio Debrief Feb 2, 2009: Protectionism Lives

John Batchelor and Simon Constable discuss the disturbing trend in trade.



WABC Studio Debrief Feb. 1, 2009: We're all Socialists Now

Debrief Feb. 1, 2009 - We're all Socialists Now

John Batchelor and Simon Constable discuss the ins and outs of compensation on Wall Street.


WABC Studio Debrief Dec 28, 2008: One World Government


John Batchelor and Simon Constable discuss the theory that the world is headed for a single ruling body for the globe.


Wednesday, December 14, 2022

Forbes Japan: 進むドル高、欧州や新興国への影響は?

By SIMON CONSTABLE

ドル高が進んでいる。主要通貨に対する米ドルの強さを示すドルインデックスは、2002年4月以来約20年半ぶりの高値水準にある。

フォーブスの寄稿者のひとりであるジョン・トビーも論じているように、ドル高はたしかに米国にとってはプラスにはたらく。だが、それ以外の国や地域では必ずしもそうではない。Read more here


Photo by Mackenzie Marco on Unsplash

Forbes: The Biden Administration’s “Reverse Ferret”On Energy Policy

By SIMON CONSTABLE 

The longstanding previous energy policy stance had become an embarrassment to the administration. Read more here.

Photo by Alfred Kenneally on Unsplash

Top Writer in Energy on Medium

By SIMON CONSTABLE

Honored to be a top writer on the topic of energy at Medium.com 


Read more here.

Monday, December 12, 2022

Briefings Magazine: Where Tech Starts, Ends

By SIMON CONSTABLE

Something odd happened almost three decades ago. Startup web-browser company Netscape went public, delighting investors despite having no profits. This event, on August 9, 1995, prompted one of the biggest global economic shifts since the industrial revolution. Over the last 27 years, web-based businesses have become behemoths worth billions of dollars: Amazon, Meta, Alphabet, Alibaba, Tencent, Baidu, Netflix. Yet the overwhelming majority of these big tech companies come from just two countries: the US and China. Other countries, such as those in Europe or Asia (excluding China), lag hugely. Read more here.

David Lienemann , Public domain, via Wikimedia Commons


Sunday, December 11, 2022

Forbes China: 专家预测,金价到2027年底将创下新纪录

By SIMON CONSTABLE

世界上最出色的贵金属专家之一表示,黄金价格将很快刷新纪录,而投资者只需要一点耐心。

大宗商品咨询公司CPM Group的创始人兼执行合伙人Jeff Christian在最近的一段视频中表示:“我们仍然预计,在未来——比如在五年之内,金价将创下新高。”

Read more here.


Saturday, December 10, 2022

Friday, December 2, 2022

Forbes Uruguay: El gurú Jeff Christian le habló al inversor: "El 2027 será el año récord para el oro"

By SIMON CONSTABLE

El oro está viendo un precio promedio anual récord este año, y probablemente mejorará en los próximos cinco años, según uno de los mejores expertos en metales preciosos más grandes del mundo. Read more here.


Photo by Zlaťáky.cz on Unsplash