Home Sales On The Rise
Share prices of Home Builder KB Homes soared 8% after a better than expected earnings report. Chief Executive Jeffrey Mezger said there was more demand from would-be home buyers in the first quarter than a year earlier. The company sold nearly 20% more homes in California last quarter, at an average price of $550,600 — Read more ➝
Now may be the time to rethink international allocations
Deutsche Bank’s Foreign Exchange (FX) team forecasts that the U.S. dollar will continue to appreciate against other major currencies through 2017. As this occurs, U.S. investors with international allocations may continue to see their returns eroded by the currency effect. In their white paper on the subject, they make a strong case for a long term cyclical Read more ➝
7 Reasons Oil Prices Will Continue to Tumble
As reported by Oxford World Financial Digest: Fortune magazine has run an engaging and enlightening article, written by market analysts, which argues that there are seven signs why oil prices will continue to drop. The first reason is that the world is flooded with oil. US production is near a thirty-two year high at near Read more ➝
Netanyahu’s Speech Before Congress
Regardless of your political stripes, this is a speech is worth watching. It lays out the current state of affairs in the the Middle East in all its complexity and describes the risk of not getting the policies right in the region. As much as many of us in the US would like to divorce Read more ➝
