|07/29/16 06:13 PM||The Expert View: RBS, Lloyds and ITV - Citywire.co.uk|
|07/29/16 06:13 PM||Hokies mailbag: Special teams, RBs and what's considered success ... - Roanoke Times (blog)|
|07/29/16 06:13 PM||Easter calls time on playing career - RBS 6 Nations|
|07/29/16 06:13 PM||RBS seeks deal to avoid £4bn court action over cash-call - The Week UK|
|07/29/16 06:13 PM||RBS and Next updates to give insight into Brexit vote impact - Herald Scotland|
|07/29/16 06:13 PM||Small businesses brace for rise in RBS bank charges - Financial Times|
|07/29/16 06:13 PM||Layoffs at RBS continue - The Advocate|
|07/29/16 06:13 PM||RBS performs poorly in stress tests - BBC News|
|07/29/16 03:36 PM||Italy's BMPS worst performer in EU banking stress tests - |
|07/29/16 11:49 AM||[$$] Small businesses brace for rise in RBS bank charges - [at Financial Times] - Thousands of small businesses with Royal Bank of Scotland current accounts will be hit by monthly charge increases, some of more than 200 per cent, as the state-backed lender attempts to streamline fees. ...|
|07/29/16 09:06 AM||Three Ravens RBs sit out|
|07/29/16 09:06 AM||RBS share price: Investment trust manager points to positive outlook for bank|
|07/29/16 09:06 AM||Breakfast: Top 5 RBs the Texans will face in 2016|
|07/29/16 09:06 AM||The Expert View: RBS, Lloyds and ITV|
|07/29/16 09:06 AM||RBS and Next updates to give insight into Brexit vote impact|
|07/29/16 09:06 AM||Hokies mailbag: Special teams, RBs and what's considered success for ACC's first-year coaches?|
|07/28/16 06:21 PM||RBS gives negative rates warning|
|07/28/16 06:21 PM||RBS and Natwest say they may charge businesses to hold cash|
|07/28/16 06:21 PM||Luxury development set for former RBS St Andrew Square HQ|
|07/28/16 06:21 PM||RBS seeks deal to avoid £4bn court action over cash-call|
|07/28/16 06:21 PM||Gran open to freshmen RBs earning carries|
|07/28/16 09:18 AM||Former RBS bank to be transformed into luxury apartments|
|07/28/16 09:18 AM||Negative interest rates could be an opportunity for challenger banks|
|07/27/16 06:26 PM||Who are the top remaining free agent RBs available for Eagles after Ryan Mathews injury?|
|07/27/16 06:26 PM||RBS Customers May Face Negative Interest Rates|
|07/27/16 06:26 PM||Massive blow to millions of Santander 123 customers as it plots to slash rate on Britain's favourite current account|
|07/27/16 06:26 PM||RBS warns of negative interest charges if base rate falls|
|07/27/16 06:26 PM||Britain’s RBS could charge business clients for deposits|
|07/27/16 06:26 PM||Britain's RBS Warns Customers May Have to Pay to Make a Deposit|
|07/27/16 06:26 PM||RBS warns customers of possible charges on deposits|
|07/27/16 06:26 PM||RBS seeks deal on £12bn rights issue claims|
|07/27/16 06:26 PM||Bank IPOs outperform even as broader sector struggles|
|07/27/16 11:07 AM||Halifax drops £5-a-month credit card reward, blaming EU rules - |
|07/27/16 09:06 AM||No return date for Lydiate despite recovering well - RBS 6 Nations|
|07/27/16 09:06 AM||Flint Insurance refinances with RBS - Insurance Age|
|07/27/16 09:06 AM||RBS fires warning shot to Bank of England over negative interest rates - The Week UK|
|07/27/16 09:06 AM||NatWest and RBS may charge firms to hold deposits - BBC News|
|07/27/16 05:31 AM||Why would Royal Bank of Scotland Group plc inflict negative interest rates on its customers? - |
|07/26/16 06:27 PM||RBS gives negative rates warning - Reuters|
|07/26/16 09:24 AM||Small businesses worry over RBS plans to charge interest on accounts - The Guardian|
|07/26/16 07:59 AM||RBS may charge to hold cash deposits if Bank of England takes rates below zero - Royal Bank of Scotland and Natwest could become the first U.K. banks to charge customers to hold cash if the Bank of England yanks benchmark interest rates below zero.
|07/25/16 06:13 PM||Henshaw striving for return to fitness ahead of November : RBS 6 ... - RBS 6 Nations|
|07/25/16 06:13 PM||England lineout coach Hardy to step down - RBS 6 Nations|
|07/25/16 06:13 PM||Mizuho Hires for Wall Street Bond Push as Ex-RBS Staff Settle In - Bloomberg|
|07/25/16 10:30 AM||UK Q2 GDP: Before the fall - RBS|
|07/25/16 10:30 AM||‘Time is now’ for Shell, though WVU could go with RBs committee|
|07/25/16 10:30 AM||Residents slam decision to close Craigentinny RBS branch|
|07/23/16 11:51 AM||The Week Ahead: Breakout Or Fake Out? - The ability of the S&P 500 to close well above the May 2015 highs has not really diminished the debate over the market's future. The somewhat surreal Republican Convention that seemed to contradict decades of past policy did not seem to impact the stock market.
The opinion of the fundamental analysts has seen little change despite the new highs as they continue to believe they are not justified by their analysis. A few of the bears have converted to the bullish camp but most have not as the majority continue to argue why the market must be forming a major top.
The individual investor according to AAII was a bit less bullish last week as the bullish% dropped to 35.4% which is still well below the 40% level. The bearish% rose to 26.7%. As of July 19th Investor Intelligence reported that 54.4% of financial newsletter writers were bullish with only 23.3% bearish. Historically the bullish% has risen to well over 60% at a market top while the bearish % has been below 15%.
One of the more interesting arguments for why the market must be topping out is based on the observation that there is a surge in the construction of tallest buildings prior to a major recession or market top. I found this chart, which chronicles these observations since 1900, quite interesting. New tallest towers are under construction in Dubai, Shanghai and San Francisco.
The frustration expressed by some Wall Street professionals has its roots early in the year as advisors, like the Royal Bank of Scotland (RBS), advised their clients to sell everything. The recent data on institutional cash levels also suggests that many managers have missed this rally.
It is not surprising that many mutual funds have performed poorly in 2016 and that many clients are not very happy. Therefore any panic on Wall Street maybe based on the fear of further redemptions and a loss of business if managers continue to lag their benchmarks in the 3rd quarter.
Many feel that the recent surge to new highs in the S&P 500 is a fake out while others are convinced that the completion of the two-year trading range in the S&P 500 means that the market can go higher. Instead of just looking only at prices I suggest that investors look at the breakout in terms of the market internals.|
|07/23/16 09:55 AM||Safe Bulkers to Amend Loan Pact with RBS|
|07/22/16 05:52 PM||Make or Break RBs|