Archives by Month:

Archives by Year:

Emerging Pieces From The Emerging Markets Decline

Emerging Pieces From The Emerging Markets Decline

Image by Arek Socha sourced from pixabay It’s no secret that emerging markets (EM) are in a bit of a rough patch. While the unfortunate events in Turkey garnered most of the attention initially, nearly anything related to EM has slid in value. What exactly is going on here? Is this just another acute crisis […]
Utilities, Autos Power Industrial Production: 5 Top Picks

Utilities, Autos Power Industrial Production: 5 Top Picks

Industrial production increased for the third successive month in August, per data from the Federal Reserve. A jump in utility output and robust motor vehicle production were the primary catalysts to the month’s gains. Following this report, industrial production seems to be on track to register its best annual growth numbers since 2010. Some analysts […]
2017 Consumer Expenditures

2017 Consumer Expenditures

from the Bureau of Labor Statistics Average expenditures per consumer unit [1] for 2017 were $60,060, a 4.8-percent increase from 2016 levels, the U.S. Bureau of Labor Statistics reported today. During the same period, the Consumer Price Index (CPI-U) rose 2.1 percent, and average pretax incomes decreased slightly by 1.5 percent. Eight of the 10 […]
Reality Check Now In Progress

Reality Check Now In Progress

The long-awaited dose of reality from the massive and unprecedented financialization of the global economy has finally begun. Of course, those of us who understood from the start how healthy economies and markets naturally function, knew that a viable recovery from the fiscal and monetary excesses–which caused the great recession and financial crisis of 2008–was […]
More $100s Than $1s

More $100s Than $1s

Trivia question for today: What denomination of US currency has the largest number of bills in circulation? Up until 2016, the correct answer was the $1 bill. Now, it’s the $100 bill. Here’s the evidence from Tim Sablik in “Is Cash Still King?” written for Econ Focus from the Federal Reserve Bank of Richmond (Second Quarter 2018, pp. 18-21). […]
The Big Four Economic Indicators: August Real Retail Sales

The Big Four Economic Indicators: August Real Retail Sales

Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method. There is, however, a general belief that there are four big indicators that the committee weighs […]
‘Sell Everything’? Stocks, Bonds, Dollar Slide As New Tariffs Loom

‘Sell Everything’? Stocks, Bonds, Dollar Slide As New Tariffs Loom

A sea of red… After China’s slump to 2014 lows, US markets are seeing selling pressure everywhere with bond prices down (10Y yields above 3.00%), the dollar sinking, and US stocks are all lower (led by tech and Nasdaq). Led by FANG stocks…especially Amazon – with its biggest drop since April. Bonds remain offered… As […]
Should You Buy On The Next Trade War Decline?

Should You Buy On The Next Trade War Decline?

The enthusiasm over the stock market last week was dampened for most of the week by worries over the potential impact of Hurricane Florence. Though the storm fortunately weakened by Friday there is likely to be a very negative long-term impact on the region as massive flooding is expected. Stocks held early gains even as […]
4 Top-Ranked Stocks To Cash In On High Consumer Sentiment

4 Top-Ranked Stocks To Cash In On High Consumer Sentiment

Consumers’ optimistic assessment of future economic growth and job market conditions helped September’s preliminary consumer sentiment reach its second-strongest level since 2004. Lower inflation expectations coupled with confidence in the country’s growing economy drove the sentiment higher, as was reflected across major socioeconomic factions. Consumer optimism prevailed despite worsening living standards in the country and […]
Fed Speakers Cancel Each Other Out

Fed Speakers Cancel Each Other Out

Recent speeches of FOMC members have leaned very slightly towards dovishness over the last few months, but that doesn’t mean there haven’t been active arguments between hawks and doves! For instance, Atlanta Fed President Bostic (a voter) has tilted more dovish lately, wanting only 1 more hike and no further hikes once the Fed reaches “neutral” […]