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Michigan Consumer Sentiment: November Final Down Slightly From October

Michigan Consumer Sentiment: November Final Down Slightly From October

The University of Michigan Final Consumer Sentiment for November came in at 97.5, down 1.1 from the October Final reading. Investing.com had forecast 98.4. Surveys of Consumers chief economist, Richard Curtin, makes the following comments: Consumer sentiment has remained largely unchanged at very favorable levels during 2018, with the November reading nearly at the center of the […]
Volkswagen, BMW, And Daimler Seek White House Meeting

Volkswagen, BMW, And Daimler Seek White House Meeting

German auto industry executives are so afraid of Trump’s tariff threat that they seek a meeting with the president. Please consider German Car Bosses Willing to Attend White House Meeting. The heads of Volkswagen, BMW, and Daimler are ready to attend a meeting at the White House with the Trump administration, but have not yet received […]
Rising Rate Of Subprime Credit Card Delinquencies And Charge-offs… An Economic Canary In The Coal Mine?

Rising Rate Of Subprime Credit Card Delinquencies And Charge-offs… An Economic Canary In The Coal Mine?

Photo by jmegjmeg As a title insurance company, our business relies on a robust commercial and residential real estate market that’s being spurred on by a strong consumer! A consumer who’s confident about the country’s (and their own) economic prospects! Certainly, we have seen good recent economic growth as measured by GDP, but post-tax cut have we […]
The $6.4 Trillion Question: How Many BBB Bonds Are About To Be Downgraded

The $6.4 Trillion Question: How Many BBB Bonds Are About To Be Downgraded

The first time the thesis of shorting potential “fallen angel” bonds – those rated BBB on the lowest cusp of investment grade, and with a high likelihood of being cut to junk – was openly publicized was exactly one year ago (back when the single-digit VIX was all the rage and not a cloud was seen on the […]
What’s Hot In Insuretech 2019 And Beyond

What’s Hot In Insuretech 2019 And Beyond

It’s certainly an exciting and changing time in the insurance industry. Like other sectors in financial services, insurance is undergoing a significant digital transformation. New technology is helping remake the customer experience, as consumers demand quotes generated quickly and digitally, speed, variety and ease-of-use when interacting with insurers. Meanwhile, innovative software is also helping streamline the back-end […]
5 ETFs That Deserve Special Thanks In 2018

5 ETFs That Deserve Special Thanks In 2018

As Americans prepare for Thanksgiving Day, let’s explore the bounty that the investment world holds on this occasion. This can be easily done by screening ETFs that have rewarded investors this year.   How is the Stock Market Faring? After a blockbuster start to 2018, the American stock market is caught in a vicious circle of […]
3 Stocks Hedge Funds Are Buying

3 Stocks Hedge Funds Are Buying

INVESTMENT HACKS The hedge funds have finished their SEC mandated holdings reports. So now it’s time to take stock of where they are putting their money. The tech sector, which was long a favorite of the hedge funds, is underperforming right now. Going into the Thanksgiving weekend, the ‘FAANG’ (Facebook, Amazon, Apple, Netflix, and Alphabet’s […]
Who Are The U.S.’s Largest Trade Partners?

Who Are The U.S.’s Largest Trade Partners?

from the St Louis Fed — this post authored by Maximiliano Dvorkin, Economist, and Asha Bharadwaj, Research Associate The U.S. is one of largest importer and exporter countries in the world. According to economic theory, countries should export goods in which they have a comparative advantage in production and import those in which they do not. […]
Canadian Recession Due, Who’s Ready For It?

Canadian Recession Due, Who’s Ready For It?

When you have a decade of recklessly low interest rates along with lax-lending and borrowing, it should be no surprise that Canadian mortgage growth went pretty much parabolic since 2008 (as charted below). It should also not surprise that Canada is now encumbered with some of the most over-valued, unaffordable real estate in the world, […]
Oversold In An Oversold Market: What Happens Next?

Oversold In An Oversold Market: What Happens Next?

I’ve been interested to see a number of bearish stories about the stock market in recent days. Somehow these stories were missing when we were trading close to the highs. But the assumption seems to be that because we’ve seen weakness in stocks, oil, high yield bonds, etc., we are in danger of an outright […]