Global economic growth and optimism has experienced a significant upswing over the past eighteen months as measured through a variety of metrics (GDP growth, financial market performance, business and consumer confidence and so on). This uptick in growth was not the result of an increase in labor force population...
This past Friday, news spread about the possibility of Amazon's (AMZN) AWS selling its own network switches for business customers, which sent shares of Cisco (CSCO), Juniper Networks (JNPR) and Arista Networks (ANET) down 2-4%. Today, I will go through why a pair trade between long CSCO and short...
In my last FAANG-related article's thread there was a discussion regarding the longevity and sustainability of certain leading companies from very different sectors - Facebook (FB) versus Wal-Mart (WMT). If I'm to sum up the discussion it evolves about three main questions: Within which type of sector/industry (old-traditional versus new-innovative) it's...
The US dollar is slightly softer against most of the major currencies but is in narrow ranges ahead of today's key events, which include US retail sales and the debate in the UK parliament over Brexit. The yen is the main exception. The local markets are closed for a...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on iTunes, Stitcher and SoundCloud (click the highlighted links). The most important aviation trade show of the year has begun, attracting about 100,000 trade visitors from 100 countries. Alternating every year with the...
By Iris Pang, Economist, Greater China The ongoing trade war will affect future GDP directly via the manufacturing and logistics services sectors. Though the government will provide support via fiscal and monetary policies, it is inevitable that industrial production will slow, which could hurt wage growth and consumption. As expected, GDP...
On Thursday, July 12, at noon EST the U.S. Department of Agriculture released its monthly World Agricultural Supply and Demand Estimates report. Each month, the report tends to stoke volatility in the agricultural markets as the USDA comments on crop progress and projects the future for inventories and demand. The...
A few days ago I was writing on cell tower REIT Crown Castle (NYSE:CCI), and I explained, CCI is an indispensable REIT in the Durable Income Portfolio and the company has an attractive runway of sustained investments and growth that supports the targeted 7-8% dividend growth target.” While I was researching...
The News On Friday, July 13th, news dropped that Amazon (AMZN) is planning to sell its own networking switches to customers. Switches are part of the enterprise computing market and move data traffic around networks. The Amazon switches would use unbranded hardware and open-source software. They would also include built-in...
To briefly survey the state of the small cap Canadian equity world, let's look at the iShares XCS.TO exchange traded fund, which is really the only significant financial product tracking the small cap sector in Canada. A former US-based ETF product tracking the sector, EWCS, has been discontinued for...