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Things That Didn’t Cause The Great Depression

Things That Didn’t Cause The Great Depression

Image Source: Pexels The following tweet caught my eye: Wow. History textbooks do not teach the causes of the Great Depression correctly. Economics textbooks do, for the most part https://t.co/mLCSUgSkIO — Julius Probst, PhD 🌐 (@JuliusProbst) November 7, 2023 I once wrote an entire book on the causes of the Great Depression, focusing on the role of the interwar gold […]
Bad Durable Goods Is Good?

Bad Durable Goods Is Good?

Image Source: UnsplashIn today’s video, we look at Durable Goods Orders as a predictor of bond prices and business cycle. We discuss other recession indicators and we discuss the expectations of another push higher in equities going in to the end of the year.Video Length: 00:14:57More By This Author:NVDA, Tech, And Earnings In A Holiday Week […]
Are The Fed And ECB Different? In What Key Way Are They Alike?

Are The Fed And ECB Different? In What Key Way Are They Alike?

Are the Fed and ECB Different?This may surprise you, but the Fed and ECB are no different. Pause now, top see if you can come up with an explanation of how and why that is so.Meanwhile, you can add the Bank of China, Bank of Japan, Bank of Canada, and Reserve Bank of Australia to […]
Dow Sneaks In Triple-Digit Win Ahead Of Holiday Break

Dow Sneaks In Triple-Digit Win Ahead Of Holiday Break

The Dow managed to snag a 184-point gain before Thanksgiving, with the market closed tomorrow to observe the holiday. The Nasdaq and S&P 500 also scored wins following upbeat consumer sentiment data, despite the energy sector’s struggles after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) rescheduled its meeting. Meanwhile, the 10-year Treasury […]
Running Short Of Tailwinds For The Economy

Running Short Of Tailwinds For The Economy

Image Source: Pexels Tailwinds often make jet planes fly faster than they would regularly fly. In this post, I talk about economic tailwinds that help the economy grow more quickly.Strangely enough, the economy seems to move from tailwind to tailwind, as new resources are discovered, as population expands, and as central banks figure out new ways […]
Q3 2023 U.S. Retail Scorecard – Wednesday, Nov. 22

Q3 2023 U.S. Retail Scorecard – Wednesday, Nov. 22

Image Source: Unsplash To date, 177 of the 205 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2023, representing 86% of the index. Of those companies that have reported their quarterly results, 69% announced profits that beat analysts’ expectations, while 4% delivered on-target results and 27% reported earnings that fell below estimates. […]
5 ETFs Worthy Of Special Thanks In 2023

5 ETFs Worthy Of Special Thanks In 2023

Image Source: Pixabay It’s time for Thanksgiving and Americans are ready for a plate stuffed with food and carts full of shopping. The celebration of bounty and gratitude is in full swing in the investment world as well. Let’s explore it by screening ETFs that have rewarded investors this year.A few corners have crushed the broader […]
A Traditional Thanksgiving Turkey Dinner Is 30% More Expensive Since Biden Took Office

A Traditional Thanksgiving Turkey Dinner Is 30% More Expensive Since Biden Took Office

Good news, America!The American Farm Bureau Federation reports that the cost of providing a traditional Thanksgiving turkey dinner for ten people in 2023 is 4.5% lower than in 2022. According to the Farm Bureau’s annual shopping survey, the identical grocery items that cost $64.05 a year ago now cost $61.17. The AFBF noted: “Although survey prices have begun to […]
Three Travel Stocks To Consider This Holiday Season

Three Travel Stocks To Consider This Holiday Season

Image courtesy of 123rf.com As the holiday season approaches, traveling enters people’s spending plans. According to AAA’s latest figures, 55.4 million travelers will go more than 50 miles from their homes. This would make 2023 one of the strongest traveling years, alongside 2005 and 2019, marking a 2.3% growth from 2022. The traveling business spans cruise ships, buses, […]
USD/JPY Surges Toward 150.00, Boosted By Elevated U.S. Treasury Yields

USD/JPY Surges Toward 150.00, Boosted By Elevated U.S. Treasury Yields

Yen. Image Source: Pixabay The USD/JPY rebounds from daily lows of 148.01 and rallies more than 0.81% boosted by a jump in the US 10-year Treasury bond yield. At the time of writing, the major exchanges hands at 149.54 and tests a key technical resistance level eyeing the 150.00 figure. The pair rebounds sharply, fueled by US bond […]