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US Companies Added Fewer Workers Than Expected In September

US Companies Added Fewer Workers Than Expected In September

Private payrolls in the US increased 121,000 in September, well below Econoday.com’s consensus forecast for a 175,000 gain. Last month’s advance was also dramatically weaker than August’s revised surge of 254,000, according to this morning’s release from the Labor Dept. Despite the surprisingly softer report, the year-over-year trend ticked up to 2.0%, a two-year high. The faster […]
US Trade Deficit With China Hits Record

US Trade Deficit With China Hits Record

The August trade deficit – a closely watched number in a time of trade wars – came in at $53.2BN, fractionally better than the $53.6BN expected, but 6.4% worse than last month’s revised print of $50.0BN ($46.8BN excluding petroleum), and just shy of a new all-time high. The deficit deteriorated as a result of less […]
Bitcoin’s Narrowing Range Implies Imminent Explosion, But To Where To?

Bitcoin’s Narrowing Range Implies Imminent Explosion, But To Where To?

The BTC/USD had a week of consolidation, getting entrenched into a range. Comments by Mike Novogratz echoed but did not move prices. The technical picture is fully balanced, a situation which implies an explosion. Bitcoin had a stable start to the fourth quarter of the year, trading in a narrowing range. The most significant development […]
NFP Recap: Multigenerational Low In Unemployment Still Not Enough To Raise Wages

NFP Recap: Multigenerational Low In Unemployment Still Not Enough To Raise Wages

As my colleague Fawad Razaqzada astutely highlighted in yesterday’s NFP Preview report, “wage growth has taken on increased importance than the actual jobs number given concerns about rising levels of inflation and in turn interest rates.” That dynamic is playing out in spades as traders digest today’s jobs report. On a headline basis, the US economy […]
IMF Concerned About The Next Market Crash

IMF Concerned About The Next Market Crash

There’s always an abundance of click-bait headlines that float around whenever the market starts to decline, but this one caught my attention today: World Economy At Risk Of Another Financial Crash, Says IMF According to the article: The world economy is at risk of another financial meltdown, following the failure of governments and regulators to […]
Weekend Reading: Are Dividends Telling Us Something?

Weekend Reading: Are Dividends Telling Us Something?

Earlier this week, Eddy Elfenbein has an interesting post discussing the  “Bull Market In Dividends.”  “For the third quarter, dividends from the S&P 500 grew by 10.96%. That’s the strongest growth rate in more than three years. It’s the 34th quarter in a row of dividend growth. Over the last eight years, dividends are up […]
Minimal Misery

Minimal Misery

Alan Greenspan, Benjamin Bernanke, and Janet Yellen must be laughing their wrinkly assess off, now that goy-boy Jerome Powell has been stuck holding the biggest stinking bag in the history of the universe. What a schmuck. And he seems like a pretty decent guy! Shame. Anyway, in spite of this completely fake, phony, fraudulent bull market of the past nine […]
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                        Philip Morris: High Dividend Stock With A Promising Outlook

E Philip Morris: High Dividend Stock With A Promising Outlook

Philip Morris (ticker: PM) is a tobacco company that offers a high dividend yield, a solid growth outlook, and on top of that it is trading at an inexpensive valuation. It belongs to the universe of 5%+ yielding dividend stocks. Company Overview           Philip Morris produces and sells cigarettes, tobacco, and other nicotine-containing products. It is […]
Bitcoin Daily Forecast – Friday, Oct. 5

Bitcoin Daily Forecast – Friday, Oct. 5

Bitcoin rallied a bit during the trading session on Thursday, but we continue to go back and forth and essentially get nowhere. Overall, the downtrend line has been very reliable, and it continues to keep pricing down. However, we have massive support at the $6000 level as you all know. This is the situation that […]
Stock Indicator Back At 2000 & 2007 Levels Says Joe Friday

Stock Indicator Back At 2000 & 2007 Levels Says Joe Friday

This chart compares the spread between the 10-year yield and the 2-year yield to the performance with the S&P 500. Even though this indicator is based up government bond yields, it has proven to help stock investors know when to be overweight and underweight stocks. When the spread was very low in 2000 & 2007 and […]