The Omni Intelligencer

Wednesday, June 19, 2013

Home

This One Group of Bankers Can Help You Predict the Markets

Written by Douglas Davenport |

Any major policy decisions made by the world's large central banks are cleared through the BIS first

If you're like me, you've probably wondered why nothing seems to change in Washington, D.C., no matter who's elected to Congress or the Oval Office. There's a little-known reason for that: It's because politicians don't really control public policy. They, like us, are behol…

These Five Sectors May Lead the Next Leg of the Rally

Written by Mike Burnick |

As Treasury yields topped 2 percent late last month, something curious happened in the equity market. Stocks struggled, seesawing between losses and gains after rallying 18 percent in the first 4 ½ months of 2013. But a closer look reveals investors had already started s…

Will stocks go up or down from here?

Written by Mike Burnick |

Rising interest rates may be a blessing in disguise for stock investors, who have capped a rally of 15.4 percent in the benchmark S&P 500 this year on concern about higher bond yields. That's because rates, and corresponding bond yields, are often a sign the economy …

The Chair Test

Written by Christopher Ian Chenoweth |

An eccentric philosophy professor gave a one question final exam after a semester dealing with a broad array of topics.The class was already seated and ready to go when the professor picked up his chair, plopped it on his desk and wrote on the board: "Using ev…

This One Thing Matters More Than Ever in an Investing World Gone Wild

Written by Douglas Davenport |

These are the most volatile, unpredictable securities markets I've experienced in my 35 years as a professional trader and money manager. There isn't a single person who can get a clear read on the stock, bond, currency and commodity markets. Central banks, most notably t…

DUI - SOUTHERN STYLE

Written by Christopher Ian Chenoweth |

DUI - SOUTHERN STYLE Recently a routine police patrol was parked outside a bar in Kinston , North Carolina. After last call, the officer noticed a man leaving the bar so apparently intoxicated that he could barely walk. The man stumbled around the parking lot for a few minut…

How Much Longer Will This Bull Market Run?

Written by Douglas Davenport |

"To buy when others are despondently selling and sell when others are greedily buying requires the greatest fortitude and pays the greatest reward." — Sir John Templeton "Bull markets are born in pessimism, grow on skepticism, mature on optimism, and die of euphoria." — …

More Articles...

Man United to begin title defense at Swansea 19 Jun 2013 | 4:49 am
MANCHESTER, England (AP) — David Moyes was given a challenging start to life as Manchester United manager Wednesday, with his new team handed fixtures against Chelsea, Liverpool and Manchester City in the first five matches of its Premier League title defense.
Suicide bomber, gunmen attack UN office in Somalia 19 Jun 2013 | 4:46 am
By Abdi Sheikh MOGADISHU (Reuters) - A suicide bomber and several gunmen attacked a United Nations compound in the Somali capital Mogadishu on Wednesday, police and witnesses said, in a strike that bore the hallmarks of al Qaeda-linked militants. The bomber set off his explosives outside the gate of the United Nations Development Programme (UNDP) base before attackers ran inside and opened fire on security guards, a senior police official told Reuters. Gunfire could still be heard more than 30 minutes after the initial explosion. It was not immediately clear whether any U.N. ...
United 787 heading to Tokyo diverted to Seattle 19 Jun 2013 | 4:41 am
SEATTLE (AP) — A Boeing 787 flying from Denver to Tokyo diverted to Seattle because of an oil filter issue, a United Airlines spokeswoman said.
Nadal seeded No. 5 for Wimbledon 19 Jun 2013 | 4:40 am
LONDON (AP) — Rafael Nadal will be seeded No. 5 at Wimbledon, setting up the possibility of a quarterfinal match against Roger Federer, Novak Djokovic or Andy Murray.
IMF calls for urgent steps on Spain unemployment 19 Jun 2013 | 4:34 am
MADRID (AP) — The International Monetary Fund says recession-wracked Spain is making progress but is urging policymakers both within the country and in Europe to take "urgent action" to slash the country's crippling 27 percent unemployment rate.
Afghan government irked over U.S. talks with Taliban 19 Jun 2013 | 4:33 am
By Hamid Shalizi KABUL (Reuters) - Afghan President Hamid Karzai distanced himself from U.S. peace talks with Taliban insurgents that are likely to begin on Thursday, and, as a mark of displeasure, said the government was suspending negotiations with Washington over a troop agreement. A senior Afghan official told Reuters on Wednesday that the government was unhappy over the official status being given to the Taliban, who opened an office in Doha, the capital of Qatar, on Tuesday. U.S. ...
Kenya dismisses investor worries over capital gains tax plan 19 Jun 2013 | 4:32 am
By Duncan Miriri NAIROBI (Reuters) - Kenya sought to assuage concerns over a planned review of capital gains tax, saying it was too early to say what asset classes will be targeted in a measure aimed at compelling the rich to fund development. Finance Minister Henry Rotich told lawmakers in his budget speech last week there would be a review of the tax, suspended in the 1980s, to allow the wealthy to make a token contribution to the development of the country. ...
Tropical depression heads toward southern Mexico 19 Jun 2013 | 4:25 am
MIAMI (AP) — Forecasters say a tropical depression crossing Mexico's Bay of Campeche is expected to become a tropical storm before making landfall in that country's Gulf coast state of Veracruz.
Cher credits luck for her lengthy career 19 Jun 2013 | 4:22 am
UNIVERSAL CITY, Calif. (AP) — Cher is no stranger to tabloid fodder.
Bomb blast, gunmen attack UN compound in Mogadishu 19 Jun 2013 | 4:20 am
MOGADISHU, Somalia (AP) — A Somali policeman and a U.N. official say that gunmen have attacked the U.N. compound in Mogadishu with a bomb guns.