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Has The Transportation Industry Reached Its Final Destination: Under The Hood Of The Dow Jones Transportation Avg ETF

By Ivelin Tzontchev Originally published on June 9, 2014. The transportation industry has benefited from a significant increase since its 2009 low, taking under consideration solely the iShares Dow Jones Transportation Average ETF (NYSEARCA IYT ). The fund has... Read >>

Asian shares gain on stronger than expected HSBC flash PMI Asian shares gained on Thursday after a preliminary industry survey showed China's manufacturing sector in solid expansion territory. HSBC's China flash manufacturing PMI for July rose to 52.0, a jump from the June reading of 50.7 that... Read >>

Forex - Australian dollar gains after bullish preliminary HSBC China PMI The Australian dollar gained Thursday after preliminary private survey data showed top trading partner China's manufacturing rebound reached solid expansion territory. HSBC's China flash manufacturing PMI for July rose to 52.0, a jump from the June reading... Read >>


A Much Improved "Gold Standard": The Fisher-Hetzel Standard

Anybody who follows my blog will know that I am not a great fan of the gold standard or any other form of fixed exchange rate policy. However, I am a great fan of policy rules that reduce monetary... Read >>


The Stock Market Has Reached "A Permanently High Plateau" -- If The Fed Does Not Mess Up Again

Last week I wrote a post criticizing Fed chair Janet Yellen for apparently becoming a " stock picker " . Later in the week when she spoke before the US House Financial Services Committee in Washington she seemed to... Read >>

Gold prices dip in Asia, but global tensions offer support Gold prices dipped slightly in Asia on Thursday, but remained well supported on global tensions. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at $1,305.10 a troy ounce, down... Read >>

NYMEX crude prices carry U.S. gains into Asia, global events support Crude oil prices gained in Asia early Thursday, carrying gains overnight from a bullish supply report and supported by geopolitical tensions. On the New York Mercantile Exchange, West Texas Intermediate crude oil for delivery in September traded... Read >>

Forex - NZ dollar weaker after central bank signals pause in tightening The New Zealand dollar fell Thursday after the central bank signalled a pause in a tightening cycle. The Reserve Bank of New Zealand hiked the Official Cash Rate for the fourth time in a row as widely... Read >>

BHP Billiton (BHP) Reports Strong Production in FY14 - Analyst Blog

Mining giant BHP Billiton Limited ( BHP ) recently reported strong production volumes for fiscal 2014 (ended Jun 30, 2014), increasing 9% year over year, along with hitting annual records in 4 commodities and 12 operations. While production of... Read >>

Primoris Awarded +$80M Worth of Underground Contract - Analyst Blog

Rockford Corporation, a unit of the West Construction Services segment of Primoris Services Corporation ( PRIM ) has secured a new underground contract worth over $80 million for three major midstream operators. The contract work comprises a mixture of... Read >>