Larry's Blog
Yanks May Be Hunting for a Pitcher via Trade But Such Acquisitions Tend to Be Hit or Miss
July 20, 2018
A theme in the Yankees-Red Sox rivalry this year is that the Yankees, who have an abundance of talented position players in the minors, will acquire a top gun pitcher to fortify their suspect starting rotation before the end-of-July deadline for non-waiver player trades. Such moves carry two risks. First, the Yankees have a checkered […] More
Foreign Exchange Insights and Next Week
Next Week
July 20, 2018
Central Banks: Monetary policy reviews at the European Central Bank (followed by ECB President Draghi’s press conference) and in Turkey, Hungary, Colombia, Chile and Russia. St. Louis Fed President Bullard speaks publicly. Events: OPEC oil ministers meeting and a meeting of Euroland finance ministers. Scheduled U.S. Statistical Releases: 2Q GDP, existing home sales, new home sales, […] More
New Overnight Developments Abroad - Daily Update
Trump’s Latest Comment on Tariffs Stirs Up Fresh Market Anxiety
July 20, 2018
Stocks had performed decently in the Pacific Rim, rising overnight by 2.1% in China, 1.0% in Hong Kong, 0.4% in Australia and 0.9% in Taiwan. The Japanese Nikkei had been an exception, drifting down 0.3%. In an interview with CNBC, President Trump signaled a willingness to impose tariffs on China equal to the sum of […] More
