It’s difficult to know what to make of the Xbox One. When Microsoft first debuted the console nearly two years ago, its vision of the future of gaming slammed face first into the rock wall of consumer expectations. Microsoft offered a second-generation motion tracker with voice commands and an “always on” capability — but consumers didn’t want it. The company declared that online and retail disc purchases ...
US Dollar Forecast– Dollar Goes for Nine-Month Rally with Fed Talk and NFPs on Tap The Dollar came dangerously close to a nasty speculative spill this past week. Japanese Yen Forecast – USD/JPY Holds 118.20 Support Ahead of Fed Rhetoric, NFP Report The fundamental developments coming out of the U.S. economy may continue to undermine the long-term bullish outlook for USD/JPY as recent headlines point to a growing dissent ...
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So with the advent of global QE, and zero interest rates, have central banks unlocked the key to perpetual bull markets? Let’s just say, I doubt it. They have managed to stretch some of the multi-year cycles, and hold off the bear much longer than most have anticipated, but I don’t think they have discovered the secret to infinite prosperity. As I said, the implementation of global QE has stretched some of the longer term cycles, and that is the first thing I’m going ...