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October 2017 Headline Personal Income Improves

October 2017 Headline Personal Income Improves

The headline data this month showed some growth in consumer income and spending – with expenditures year-over-year growth far outpacing income growth – and the savings rate remains historically low. Analyst Opinion of Personal Income and Expenditures The savings rate marginally improved but historically is extremely low. Consumer spending continues to far outpacing income – […]
Biotech: Opportunity Ahead!

Biotech: Opportunity Ahead!

Biotechnology sector has corrected over 10%. Poor earnings of larger biotechs knocked the wind out of the sector. An imminent catalyst can push the sector higher, recovering recent losses and possibly make new 52-week highs. Mid cap and small cap companies well-positioned for gains Biotech Pulse The months of October and November have been unfavorable […]
Gold Tumbles Below Key Technical Support As 5Y Yields Spike To Six-Year Highs

Gold Tumbles Below Key Technical Support As 5Y Yields Spike To Six-Year Highs

For the second day in a row, precious metals are being pounded as gold joins silver back below its 200-day moving-average… Knocking gold back to 3-week lows… All of which is odd given the chaos in the dollar… Two days of collapse in gold as the dollar goes nowhere… And Treasury yields are surging – […]
All About Bitcoin

All About Bitcoin

I joined Peggy Tuck Wednesday on Straight Talk Money. The topic of conversation? Bitcoin, of course. The cryptocurrency has gone parabolic, which raises the question: How high can it go? (Audio length 00:08:39) In the next segment, I reminisce about the last time I got wrapped up in a bubble… I was 10, and it […]
Everyone, Even A Passive Vanguard Investor, Is A Factor Investor

Everyone, Even A Passive Vanguard Investor, Is A Factor Investor

Much has been made of Factor Investing, and even Vanguard is launching a suite of actively-managed factor ETFs. But even now, with Vanguard offering factor ETFs, there are many investors that only invest passively into an index fund, such as the SP 500 or EAFE index. These investors will cite the numerous studies showing that (on average) […]
Monetary Update For The Dollar

Monetary Update For The Dollar

A dispassionate look at the quantities and flows of fiat dollars tells us much about the current state of the US economy, and therefore prospects for the dollar itself. This is a starting point for understanding the dynamics likely to affect the dollar’s purchasing power after the next credit-induced crisis, which are now beginning to […]
BEA Revises 3rd Quarter 2017 GDP Growth Upward To 3.30%

BEA Revises 3rd Quarter 2017 GDP Growth Upward To 3.30%

In their second estimate of the US GDP for the third quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +3.30% annual rate, up +0.32% from the previous estimate and up +0.24% from the prior quarter.  The changes from the prior estimate reflect higher commercial fixed investment, higher […]
4 Compelling Low-Beta Tech Stocks In The Market Right Now

4 Compelling Low-Beta Tech Stocks In The Market Right Now

Currently, stock markets are flying high, courtesy of a favorable GDP growth rate, rising disposable income, an improving labor market with unemployment rate at a 16-year low, rise in economic activity post hurricanes and a low inflation rate. All these have considerably boosted consumer sentiment, which hit a 17-year high in November. Since the market […]
Chicago PMI Softens In November

Chicago PMI Softens In November

The Chicago Business Barometer, also known as the Chicago Purchasing Manager’s Index, is similar to the national ISM Manufacturing indicator but at a regional level and is seen by many as an indicator of the larger US economy. It is a composite diffusion indicator, made up of production, new orders, order backlogs, employment, and supplier […]
Cirrus-Ly?

Cirrus-Ly?

The Dow is up hundreds of points to yet another lifetime high. Every asset is up (with the exception of gold, which of course sucks). So what to do? Show a short idea! Hey, come on, it’s at least worth a look… Cirrus Logic: