HORAN Capital Advisors

By David Templeton, CFA | A Central Bank Throws In The Towel: January 19, 2015

The global deflationary storm is abating

Indeed, the ECB seems to be set to announce a QE program as Der Spiegel reported that Draghi briefed Merkel and Schaeuble on the details:<p>Spiegel …

Succinct Summation of Week’s Events (1/16/15): - The Big Picture

Succinct Summation of Week’s Events <b><br>Positives</b>:<p>1) The SNB cries mercy and comes to terms with the fact that it can’t win a currency battle with the …

Weekly Market Summary

US equities have now fallen three weeks in a row. At its low on Friday, SPX was 5% off its high on December 29.<br>The lows a week ago pierced the …

Euro

The SNB and the Russia/oil connection

2015-01-15T11:57:09.000Z<p>By:<p>A quick post to collate a few side theories on the reasons, justifications and consequences of the SNB move.<p>Simon Derrick …

There are about as many solar jobs as coal jobs in the US

Putting solar power on rooftops is pretty labor-intensive. You need people to design and manufacture the panels. Then people to market the panels to homes and businesses. Then people to come and install them.<p>The US solar industry employed about 174,000 people in 2014<p>That's a lot of jobs. Even …

Renewable Energy

Is Europe Getting Ready To Run?

There are big expectations for Mario Draghi this week. He is supposed to announce some form of QE. There are a lot of interesting European charts but …

Key Tests Approaching in Technology

The nearly six year bull market lives on, but the bulls have been taking several body blows of late. Whether this bull market continues could depend …

Calling Saudi Arabia's Oil Bluff

Saudi Oil Minister Ali al-Naimi keeps telling us that the world's top petroleum exporter is not going to cut production to prop up global oil …

Oil

The Most (Not) Hated Bull Market | Meb Faber Research - Stock Market and Investing Blog

I look forward to reading Leuthold’s Green Book every month and the most recent one was great.<p>I asked permission to share the following study as I …

Hyman & Kim: U.S. Pulling Global Economies

One comment mentioned of late is the U.S. economy may be decoupling from the rest of the world economies. In Part 2 of Ed Hyman's and John Kim's …

Has Demand For Stocks Dried Up?

We all spend a great deal of time analyzing valuations, technical patterns and sentiment in trying to determine if it’s a good time or bad time to …

Shale Oil And Gas Production Projected To Increase In February

The battle between OPEC and shale fracking producers has pushed the price of oil down to levels unthinkable just a year ago. Both parties seem …

Almanac Trader

There is some dispute regarding the market’s historical track record during the month of August. Some will say it is one of the best months of the …

Many TurboTax Desktop Users Will Have to Pay More

Investors, the self-employed and others will need to upgrade—or find alternatives—to prepare their 2014 tax returns.<p><i>NOTE: After an onslaught of</i> …

H&R Block

Stop worrying about Swiss franc mortgages in Poland

2015-01-15T21:26:59.000Z<p>By:<p>The Swiss franc gained about 23 per cent today against the Polish zloty. That should be good news for Polish …

Nine Reasons Why Bond Yields Are Falling (excerpt)

The 30-year Treasury auction today is likely to price the bonds around 2.50%. During the auction on November 13, 2014, the yield was 3.09%. The price …

Economy

Dr. Copper Is Turning Bearish (excerpt)

The CRB raw industrials spot price index is a great indicator of global economic activity. It includes the price for copper scrap, which has led the …

Markets

Schedule for Week of January 18, 2015

The key economic reports this week are December housing starts on Wednesday, and existing home sales on Friday.<p><b>----- Monday, January 19th -----</b><p>All <b>US</b> …

The U.S. has become an industrial powerhouse

One of today's headlines (December Industrial Production fell by 0.1%) misses the forest for the trees. The big story is that U.S. industrial and …

Oil Price Declines and Implications | Franklin Templeton Investments

The plunging price of oil remains in the spotlight in early 2015, leading to much speculation about the economic and investment implications of a …

2015 Investment Outlook: Reasons We Still Like Global Equities

Global trends are converging to present potential opportunities for a variety of asset classes in the new year. Thomas A. Nelson and Brooks Ritchey …

Economy

After Three Years of Double-Digit Gains

Last year I posted that after two years of double digit percentage gains equities have a tendency to be down in the third year. Despite that …

Lipper Fund Flows: Taxable Bond Funds Get $4.3 Billion Boost During Cautious Week | Lipper Alpha Insight

<b>Despite a better-than-expected December nonfarm payrolls report released during the flows week ended January 14, 2015 (the U.S. economy added some</b> …

Chart Of The Week: United States Enjoys Best Year Of Job Creation Since 1999 | Lipper Alpha Insight

<b>The US created 252 thousand net new jobs in December putting the total for the year at 2.95 million. Job creation has now been positive for 51</b> …

Now There’s Two | Alhambra Investments

It almost seems to be a case of traders seeing exactly what they want to see instead of believing their “lying eyes.” Money rates in China have …

Documenting the Damage on the Swiss Franc Fallout

I wanted to highlight the ‘damage’ or intense price movement on select FOREX pairs because – probably – we’ll never see another overnight move like …

Swiss Franc

Weighing the Week Ahead: The Message from Fourth Quarter Earnings

Investors have another holiday-shortened week and a light calendar of economic data. Last week included the “official” start of earnings season, but …

Money Dries Up for Oil and Gas, Layoffs Spread, Write-Offs Start

<b>By Wolf Richter, a San Francisco based executive, entrepreneur, start up specialist, and author, with extensive international work experience.</b> …