Archives by Month:

Archives by Year:

Soft Landing? House Construction Holds Up With High Interest Rates.

Soft Landing? House Construction Holds Up With High Interest Rates.

I am late to the discussion of the (possible) US soft landing. I think I better write about the soft landing (so far) in case it is ceasing to be soft (I am not making a forecast).The remarkable thing is that the dramatic increase in the Federal Funds Rate did not induce a downturn let […]
AskSlim Market Week – Friday, Aug. 23

AskSlim Market Week – Friday, Aug. 23

Photo by Nicholas Cappello on Unsplash Technical and cycle analysis, and market commentary.Video Length: 01:30:08More By This Author:AskSlim Market Week – Friday, Aug. 9 AskSlim Market Week – Friday, July 19 AskSlim Market Week – Friday, July 12
New Home Sales Surge In July, What Will That Do For GDP?

New Home Sales Surge In July, What Will That Do For GDP?

The Census Bureau’s New Home Sales Report shows a surge in sales for July with a huge positive revision to June.New Home Sales Key Points New Home Sales Sales of new single-family houses in July 2024 were at a seasonally adjusted annual rate of 739,000. This is 10.6 percent (±16.5 percent) above the revised June rate of 668,000 […]
Trump Jr. wants to ‘make finance great again’ with new DeFi project

Trump Jr. wants to ‘make finance great again’ with new DeFi project

Key Takeaways The DeFiant Ones DeFi platform was announced by Donald Trump Jr. to overhaul traditional financial systems. Over 42,000 subscribers joined the official Telegram group for updates on the Trump DeFi project. Share this article Donald Trump Jr. has revealed plans for a new cryptocurrency project that aims to operate outside traditional banking systems. […]
Charted: $5 Trillion In Global Commodity Exports, By Sector

Charted: $5 Trillion In Global Commodity Exports, By Sector

This chart categorizes over $5 trillion in global commodity exports by sector and the value of material exported.Data was averaged between 2019–2021 to represent an annual estimate. Source figures can be found at The State of Commodity Dependence 2023 published by UN Trade & Development. Commodity Exports with the Highest Value Oil and its products account for 30% of […]
10 Bagger Stocks: Can You Find One?

10 Bagger Stocks: Can You Find One?

Image Source: Unsplash In 1989, Peter Lynch, the famed fund manager of the Fidelity Magellan Fund, published “One Up on Wall Street.” I have read this book several times, and it may have been the first investment book that I have read. In this book, Peter Lynch talks about 10 bagger stocks. He has a lot of experience […]
What Lies Ahead For Homebuilder ETFs?

What Lies Ahead For Homebuilder ETFs?

Image Source: Pixabay U.S. homebuilders seem positioned strongly, driven by falling mortgage rates and the potential for Fed rate cuts. This is especially true as mortgage rates dropped to a new low for the year after topping 7% earlier this year. Lower mortgage rates have led to increased housing market activity, leading to a rise in […]
The Social Recession Is Accelerating

The Social Recession Is Accelerating

A reader asked about the term social recession which he’d noted in my book Get a Job, Build a Real Career and Defy a Bewildering Economy. Here is the paragraph:  “Stagnation in opportunities to work and earn (i.e. a financial recession) leads to social recession, a loss of opportunities for adulthood: a rewarding career, family, and a home […]
Some Quick Post-Powell Pontification

Some Quick Post-Powell Pontification

Image source: Pixabay We’ve been anticipating several potentially market-moving events in the weeks to come (We’ve been anticipating), and this morning we scratched off the first, and perhaps most consequential of all of them: Federal Reserve Chair Powell’s speech at the Kansas City Fed’s Jackson Hole conference. The headline, as I see it, is that Powell finally confirmed […]
Will Nvidia Deliver Again In Its Upcoming Quarterly Results?

Will Nvidia Deliver Again In Its Upcoming Quarterly Results?

Image courtesy of 123rf.com During the year, Nvidia’s (Nasdaq: NVDA) stock gained 163% in value to its shareholders. Despite the hefty market pullback on August 7th when Nvidia shares dropped to $98, the stock recovered and gained its mid-July range, now priced at $128 per share.At 4.29% of Nvidia shares held by all insiders, CEO Jen […]