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Is An Economic Slowdown Bullish For Markets?

Is An Economic Slowdown Bullish For Markets?

Image Source: Pexels The Magnificent 7 make up all of the S&P 500 gains in 2023. That is really incredible when you think about it. Can those 7 stocks sustain the entire market in an economic slowdown? Because right now an economic slowdown is being predicated. When you look at the Fed Futures Watch Tool rate […]
Market Talk – Wednesday, Nov. 29

Market Talk – Wednesday, Nov. 29

ASIA:China will likely unleash 2.28 trillion yuan ($319 billion) of next year’s special local bond quota by the end of December, state media reported, a sign Beijing is moving early to boost growth in 2024. Authorities are expected to distribute 60% of next year’s special local government bond quota to provinces ahead of time, according […]
EU Watchdogs Muck Up Amazon’s Messy IRobot Cleanup

EU Watchdogs Muck Up Amazon’s Messy IRobot Cleanup

Amazon.com’s (AMZN) attempts to swallow a robot vacuum maker are in danger of leaving a bigger mess. More than a year after the e-commerce giant announced a now-$1.4 billion takeover of iRobot (IRBT), the European Commission has warned the tie-up could shut the door on rivals to the Roomba maker. The concerns speak to ongoing worries over […]
Stocks And Precious Metals Charts – Apparitions Of Prosperity

Stocks And Precious Metals Charts – Apparitions Of Prosperity

Stocks staged a remarkable failed rally today.Gold and silver marked time as they digested their recent breakout. Let’s see if they can hang on to it. Overhead resistance calls.The Dollar chopped sideways.Risks remain underappreciated.Have a pleasant evening. More By This Author:Stocks And Precious Metals Charts – King Dollar Declined Stocks And Precious Metals Charts – The […]
UiPath About To Rip?

UiPath About To Rip?

Image Source: Pexels The symbol PATH is in the final stages of what could be a beautiful right triangle pattern.If it can get above $19.54 (and also above the psychologically important $20.00 level) this sucker could be off to the races. More By This Author:Exploring The Sinewave: Unveiling Rhythms In Financial Instruments Rates BottomingThe Multi-Billion Dollar Bet On AI: A Fascinating […]
Stocks Stumble Late Despite Wall Street Optimism

Stocks Stumble Late Despite Wall Street Optimism

Stocks gave back sizable gains today, with the Dow eking out a marginal win despite trading up over 200 points at its session highs. The S&P 500 and Nasdaq, meanwhile, finished in the red after spending most of the day above fair value.Despite the late-afternoon pivot ahead of a historically bullish month, all three major indexes […]
Let’s Discuss The Claim Home Prices Fell 17.6 Percent In The Last Year

Let’s Discuss The Claim Home Prices Fell 17.6 Percent In The Last Year

Median home prices from the Commerce Department via St. Louis Fed. Annotations by Mish.The chart shows the median price of a new home has fallen 17.6 percent from a year ago. Given the massive margins of error in these Census Bureau reports, the number is highly suspect.Nonetheless, let’s assume that the stat is true.Q: What […]
Spreading Accounts Across Banks For The Deposit Insurance

Spreading Accounts Across Banks For The Deposit Insurance

One of the strange aspects of the collapse of Silicon Valley Bank back in March (discussed on this blog here, here, and here) was the realization that many banks hold deposits are much larger than $250,000. Thus, the depositors are not covered by federal deposit insurance and are ready to participate in a bank run if the bank […]
Downbeat Beige Book Finds Economic Activity “Slowing”, Brings Fed One Step Closer To Rate Cuts

Downbeat Beige Book Finds Economic Activity “Slowing”, Brings Fed One Step Closer To Rate Cuts

Image Source: Pexels One month after the October Beige Book found “little change” in the US economy even as the outlook turned decidedly gloomier, moments ago the Fed released the latest, November, Beige Book in which we find just why the outlook darkened: according to the Fed, economic activity in the US “slowed” since the previous report, with four Districts […]
Cigna May Soon Merge With Humana

Cigna May Soon Merge With Humana

Image Source: Unsplash Cigna Group (NYSE: CI) is trending down at writing following a report that it may soon merge with peer Humana Inc (NYSE: HUM). Cigna and Humana are discussing a potential merger Anonymous sources told the Wall Street Journal today that two of the largest U.S. health insurers are “in talks” over a stock-and-cash deal.Neither of […]