BJ Beats, Guidance Disappoints BJ’s Wholesale Club (BJ) reported strong results for the second quarter with total sales growth of 17.9% and comp-store sales growth of 15.5%. Its earnings per share were up 31.8% year-over-year and were $0.04 above consensus ... Go to Full Article

Geopolitical Risk Rising Sharply Gold finished trading in New York yesterday at $810.30, down 50 cents and silver was down 10 cents to $13.03. Gold and silver then rallied in Asian trading and early European trading. Gold is trading at $821.30/821.70 per ounce (1045 ... Go to Full Article

Headwinds Index Turns Down Unless you are Usain Bolt, you are not likely to be in top form – not to mention setting world records – running into a headwind. For that reason, last month I developed something I call the Headwinds Index to calibrate the extent to ... Go to Full Article

Mid-America Apts Undervalued Mid-America Apartments (MAA) reported 2Q FFO of $0.95 per share, 13% higher than the year-earlier period and $0.02 per share higher than our estimates. Steady operating results and lower interest expense were the ... Go to Full Article

Home Prices Have Stopped Falling - Statistics Are Skewed This excerpt from a response to the Sacramento Bee real estate blog gives me doubts concerning the “accuracy” of the median price data of the current crop of existing home sales. If you are a regular reader here you know I have...

Foreign Economies Must “Decouple” From The US By Suspending ... Economists, who now see American troubles spreading around the world are predicting that foreign central banks will ignore the gathering inflation threat and follow the US Federal Reserve down the rate-cutting path. ... ...

It’s Almost Like A 2% Inflation Target Since 1993 The chart above shows annual inflation since 1973, calculated from the BEA’s monthly personal consumption expenditures price index, less food and energy (visit site to read more] ... Go to Full Article

Profiting From The Emerging Markets Investment Banking Boom By Martin Hutchinson. Emerging markets are the place for investment bankers to wheel and deal during the next couple of years, as bankers in Asia, the Middle East and Latin America earn an increasing share of investment banking...

Oil Jumps $6 To Above $121, Pulling Dollar Sharply Lower Thursday’s picture of the forex markets is a different one from the day before. The US dollar had rebounded yesterday against major currencies such as the Euro, Swiss franc, Japanese yen and the British pound after a fall Tuesday, ... ...

Crude Crushes the Dollar Here is a quick note on this morning’s price action that I published on GFT’s Research page Oil prices are above $120 a barrel on geopolitical tensions and fears that Tropical Storm Fay will make landfall for the third time, ... Go to Full Article

US Dollar: The Good News and the Bad News The Stories in the Currency Market US Dollar: The Good News and the Bad News The last 2 weeks of August is always a painstakingly quiet time in the currency market. European traders are off on their month long holidays while US traders ... Go to...

What Are The Most Traded Forex Currencies? If you have a look at the currencies available to trade via your chosen forex broker you will probably come across lots of different currencies you can trade, some of them quite obscure. (...) Go to Full Article

Forex Trading News - Bank of Japan Monetary Policy Meeting Minutes ... The following are the highlights on the BOJ Monetary Policy Meeting Minutes:. Agreed global inflation rising further. Have not seen secondary inflation, must watch out for signs. Companies will restrain wages for now. ... ...

Forex Trading: USDCHF approaches key support at 1.0830 area CLICK ON CHART TO EXPAND. read more. Go to Full Article

Forex Trading: GBPUSD hanging around the key Moving Average The 200 hour moviing average (see earlier posts) have declined to the 1.8747 level. The marker is currently testing the level as the day heads toward the NY close. The dollar has reversed the sentiment today in a number of key...