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Forget What Government Statistics Say – The “Strong Dollar” Buys Less

Forget What Government Statistics Say – The “Strong Dollar” Buys Less

Some of last week’s weakness in the stock market was attributed to surprisingly week jobs report on Friday. Non-farm payrolls came in significantly below projections. However, much of that weakness was explained by Hurricane Florence. And the headline unemployment rate dropped to 3.7% – the lowest in almost 50 years. Headline unemployment statistics continue to […]
Michael Blow The Boat Ashore

Michael Blow The Boat Ashore

Hurricane Michael is getting bigger and bigger and the oil and the natural gas market is starting to pay attention. Earlier in the week most oil traders were thinking the storm might have a limited impact on production because the track of the storm was away from refineries and major Gulf of Mexico Production Areas, […]
Producer Prices: Up 0.2% Month-Over-Month, Down 0.2% Year-Over-Year

Producer Prices: Up 0.2% Month-Over-Month, Down 0.2% Year-Over-Year

The BLS reports another mostly benign producer price report. Trucking is one exception. The Producer Price Index for final demand increased 0.2 percent in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 percent in August and were unchanged in July. On an unadjusted basis, the final demand index advanced […]
What Affects The Price Of Gold

What Affects The Price Of Gold

Gold has been known to be the most desirable metal on earth. Although it is the most precious metal, there are some issues that gold is facing like its demand and supply imbalance. Gold has been used as an investment and a useful product in electronics, but there are also some factors that affect the […]
Macro Cheat Sheet

Macro Cheat Sheet

Here is a succinct four-bullet summary of key considerations behind seven currencies:   USD: Rising US rates in absolute terms and relative to other countries, coupled with the policy-mix and US tax reform are the main drivers. The market has nearly completely discounted three more Fed hikes by the end of next year, while the Fed has […]
Wholesale Inventories Surge The Most In 5 Years

Wholesale Inventories Surge The Most In 5 Years

After two consecutive months of disappointing wholesale business data, with both inventories and sales reporting disappointing prints in June and July, the August wholesale data surprised strongly to the upside, confirming that the trade war-impacted summer lull may have been a one-time event. With expectations for an unchanged 0.8% print in wholesale inventories, the latest […]
Analyst Says Buy McDonald’s As Remodel Headwinds Become 2019 Tailwinds

Analyst Says Buy McDonald’s As Remodel Headwinds Become 2019 Tailwinds

In a research note to investors, Guggenheim analyst Matthew DiFrisco upgraded McDonald’s (MCD ) to Buy as he believes the shares valuation discount to large-cap peers has widened to an “unjustifiable” level given his outlook for stable to improving same-store sales and greater free cash flow generation. BUY MCDONALD’S: Guggenheim’s DiFrisco upgraded McDonald’s to Buy […]
Yields Up Or Down Gold Bullish… Why?

Yields Up Or Down Gold Bullish… Why?

A discussion on stocks, the bond market and the banks.  Video Length: 00:16:11
Pick These 5 Stocks With Impressive Interest Coverage Ratio

Pick These 5 Stocks With Impressive Interest Coverage Ratio

A layman can end up losing bucks if he decides to pick a stock only on the basis of numbers flashing on a real-time stock screen. A critical analysis of a company’s financial background is essential for a better investment decision. Often investors evaluate a company’s performance by simply looking at its sales and earnings, […]