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2024 Market Outlook And Thematic ETF Ideas

2024 Market Outlook And Thematic ETF Ideas

Image Source: Pixabay In this episode of ETF Spotlight, I speak with Jon Maier, Chief Investment Officer at Global X, about the market outlook and thematic investment ideas for 2024. Global X currently offers 109 US-listed ETFs, with over $43 billion in assets, including some very interesting ETFs in the thematic space.Heading into 2023, most strategists […]
Exposing The Price Level Myth

Exposing The Price Level Myth

Image Source: Pixabay Price inflation statistics were a hot topic in 2023. Official measures, like the Personal Consumption Expenditures Price Index (PCE) and the Consumer Price Index (CPI), rose to levels not seen in over four decades.These measures were under commentators’ microscopes as recently as last week. The FRED Blog (run by the St. Louis Fed) briefly discussed how these […]
National Debt Tops $34 Trillion But So What?

National Debt Tops $34 Trillion But So What?

Image Source: UnsplashOn Dec. 29, the national debt slipped above $34 trillion for the first time.On the date, the debt was $34,001,493,655,565.48, to be exact.But so what?Despite a few alarming headlines, nobody really seems to care. In fact, NPR did a story highlighting the supposed “benefits” of a massive national debt. The debt continues to increase at […]
Monthly GDP Instantaneous Inflation Vs. Core PCE

Monthly GDP Instantaneous Inflation Vs. Core PCE

Image Source: Pexels GDP at 1.5%, PCE at 1.8%.Figure 1: Instantaneous inflation (T=12, a=4) for monthly GDP deflator (black), core PCE (red), per Eeckhout (2023). NBER defined peak-to-trough recession dates shaded gray. Source: S&P Global Market Insights, BEA, NBER and author’s calculations.More By This Author:Still Waiting For The Recession, Weekly Data Through 12/30 Is Velocity Stable? Part MXXVIBusiness Cycle […]
Home Depot Stock Named A ‘Top Pick’ For 2024

Home Depot Stock Named A ‘Top Pick’ For 2024

Image Source: HomeDepot.com Home Depot Inc (NYSE: HD) has already gained over 20% since late October but a Wells Fargo analyst is convinced it can push further up in the coming months. Home Depot stock has upside to $385 Zachary Fadem named the home improvement retailer a “top pick” for 2024 in his research note on Thursday. His […]
What The Fed Accomplished: Distorted The Economy, Enriched The Rich And Crushed The Middle Class

What The Fed Accomplished: Distorted The Economy, Enriched The Rich And Crushed The Middle Class

Let’s summarize what the Federal Reserve accomplished since embarking on its massive interventions to control volatility, risk, bond yields, interest rates, the mortgage market, bank subsidies and liquidity, all of which can be summed up as the cost of credit-capital, that is, capital that is borrowed into existence based on some form of collateral or income […]
A 13% Climb For ‘struggling’ Gold, What Now In 2024?

A 13% Climb For ‘struggling’ Gold, What Now In 2024?

Image Source: Pixabay Happy New Year to you all. This is our first update of 2024. What a way to start a year given gold ended 2023 with its first annual gain in three years, achieving around a 13% climb.Depending on what you read and who you listen to there were three commonly cited reasons as […]
Why Tomorrow’s NonFarm Payroll Will Matter

Why Tomorrow’s NonFarm Payroll Will Matter

Image Source: UnsplashIn today’s video, we dive into jobs data looking at the number of people employed, unemployed, and with multiple jobs. We discuss jobs data as an indication of future monetary policy from the Fed. We also look at TSLA, BYD, COST, WMT, and the homebuilders for potential trade setups.Video Length: 00:18:58More By This Author:3 […]
MicroMarvel: Genie Energy

MicroMarvel: Genie Energy

MicroMarvel is a series of articles highlighting undercovered stock with less than a billion dollars in Market Capitalization. These articles are not intended to be buy recommendations. They highlight stocks that may have limited trading volume and may be highly volatile so if you do decide to add them to your portfolio I highly recommend […]
German Bond Yields Reach Sink Or Swim Moment?

German Bond Yields Reach Sink Or Swim Moment?

Just as interest rates are pulling back, one particular government rate appears to be nearing an important moment.The 10-Year German Bond yield.Above is a long-term “monthly” chart of the 10-year German Bond Yield. As you may recall, this bond was the only bond of the G8 countries to yield a -1% yield at the 2020 lows. […]