Archives by Month:

Archives by Year:

Median Household Income In September 2023

Median Household Income In September 2023

Image credit: Photo by Andres Siimon on Unsplash. Political Calculations’ initial estimate of median household income in September 2023 is $76,382, an increase of $166 (or 0.22%) from the corrected initial estimate of $76,216 in August 2023 (we initially reported an estimate of $76,201).After adjusting for inflation, the income of the typical American household was relatively unchanged from the previous month. […]
Macro: GDPNow — A Market Mover

Macro: GDPNow — A Market Mover

Image Source: PexelsThe most likely candidate for what moved markets today is the GDPNow update.The forecast for growth in Q4 dropped from an initial forecast of 2.3% to 1.2%. Of note, this is also a much slower growth than we saw in Q3. The bond market certainly reacted as yields continued to drop. The stock market […]
Earnings Growth Turns Positive

Earnings Growth Turns Positive

Image Source: Pexels Despite the recent turnaround in oil prices, benchmark prices for the commodity were down more than -10% in Q3 from the same period last year. This unfavorable year-over-year oil price comparison is the primary reason for the Energy sector’s weak growth numbers in the ongoing Q3 earnings season.With results from exactly half of […]
Paycom Is Our Kind Of Company And It Is Time To Buy

Paycom Is Our Kind Of Company And It Is Time To Buy

Image Source: Unsplash Paycom (PAYC) reported its Q3 earnings last night. Results were more or less to expectation, with a 22% rise in revenue supported by strong profitability (on both an earnings and cash basis).The big “problem”, and the one that has sent the stock tumbling almost 30% this morning, was forward guidance. The company guided for […]
PayPal Reports Q3 Earnings: What Key Metrics Have To Say

PayPal Reports Q3 Earnings: What Key Metrics Have To Say

Image Source: Pixabay For the quarter ended September 2023, Paypal (PYPL – Free Report) reported revenue of $7.42 billion, up 8.4% over the same period last year. EPS came in at $1.30, compared to $1.08 in the year-ago quarter.The reported revenue represents a surprise of +0.37% over the Zacks Consensus Estimate of $7.39 billion. With the consensus EPS […]
Economic Outlook On The Israeli-Palestinian Conflict

Economic Outlook On The Israeli-Palestinian Conflict

Image Source: Pixabay Escalating geopolitical tensions and the risk of aggravation in the context of the Israeli-Palestinian conflict are adding new challenges to a fragmented world. The international economic and financial system can only emerge from this situation weaker, as inflation persists and growth remains weak.The Hamas attack on Israel on October 7 is a reminder […]
DoorDash Earnings Show The Consumer Is Still Spending On Discretionary Items

DoorDash Earnings Show The Consumer Is Still Spending On Discretionary Items

Image Source: Pexels David Zervos, Jefferies chief market strategist, and Barbara Doran, BD8 Capital Partners CIO, join ‘Closing Bell Overtime’ to talk about today’s Federal Reserve decision, the day’s market action, the latest batch of earnings and more.Video Length: 00:03:29More By This Author:Treasury To Borrow $776 Billion In The Fourth Quarter American Airlines Posts Third-Quarter Loss […]
Shocktober: Here Are The Best And Worst Performing Assets In October And 2023

Shocktober: Here Are The Best And Worst Performing Assets In October And 2023

Image Source: Pixabay After the September to forget, October was another weak month for markets, with several factors driving losses across different asset classes. In particular, as DB’s Henry Allen notes, the attack by Hamas on Israel on October 7 led to significant concerns about geopolitical risk, and investors remained cautious given concerns about a wider escalation.Alongside […]
3 Of The Best Dividend Aristocrats Now

3 Of The Best Dividend Aristocrats Now

Image Source: Pixabay The Dividend Aristocrats are among the best stocks for long-term income investors. Dividend Aristocrats have excellent business models that have produced annual dividend increases, even during recessions.The following 3 dividend stocks have increased their payouts for over 25 consecutive years, placing them on the exclusive Dividend Aristocrats list. They also have high expected […]
“Green Economy” Expected To Boost Silver Demand And Other Silver News

“Green Economy” Expected To Boost Silver Demand And Other Silver News

Image Source: Unsplash Silver is expected to play a significant role as the “green economy” evolves. The Silver Institute recently participated in a panel discussion titled “Silver’s Role in the Green Economy” at the London Bullion Market Association’s Global Precious Metals Conference in Barcelona, Spain.This is one of several silver-related stories in the latest edition of Silver News  published by […]