Archives by Month:
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
Momentum, Large-Cap Growth Factors Still Leading This Year
Betting against momentum and large-cap growth continues to be a losing proposition, at least in relative terms, for positioning US equity portfolios in 2024, based on a set of factor ETFs. These risk premia have dominated for much of the year and it’s not obvious that the trend is set to change, based on trading […]
The World’s Most Valuable Unicorns In 2024
The combined value of the world’s unicorns is $3.8 trillion — surpassing the GDP of India.In this graphic, we show the most valuable unicorn companies in the world as of October 2024, according to Carbon Finance, CB Insights, and Bloomberg. What is a Unicorn Company? A unicorn refers to a privately-held startup valued at over $1 billion. The term […]
The ISM Services Index, Measuring 75% Of The Economy
Recently I have paid much more attention to the ISM services index. That’s because, since the turn of the Millennium, manufacturing’s share of the economy has contracted to the point where even a significant decline in that index has not translated into an economy-wide recession, as for example in 2015-16. When we use an economically weighted average […]
Private Nonfarm Payroll Employment Measures Compared
ADP surprised on the upside (143K vs 124K consensus):Not sure what this means, but ADP is outstripping the official series, which is itself above the preliminary benchmark. Figure 1: Private nonfarm payroll employment from CES (blue), preliminary benchmark (light blue), ADP-Stanford (green), QCEW (red), change from 2023M01, in 000’s, s.a. QCEW seasonally adjusted using X-13 in […]
Crude Oil Price Jumps Over 4% As Israel-Iran Tensions Escalate
Image courtesy of 123rf.com Oil prices surged on Thursday as escalating tensions in the Middle East stoked fears of potential supply disruptions in the region. The conflict between Israel and Iran, along with ongoing clashes involving Hezbollah, has raised concerns among investors about the stability of oil production and transportation in one of the world’s most […]
Russell 2000 Earnings Dashboard 24Q2 – Thursday, Oct. 3
Image Source: Unsplash Russell 2000 Aggregate Estimates and Revisions The 24Q3 Y/Y blended earnings growth estimate is 42.6%. If the energy sector is excluded, the growth rate for the index is 67.1%. Of the 14 companies in the Russell 2000 that have reported earnings to date for 24Q3, 50.0% reported above analyst expectations. The 24Q3 Y/Y blended revenue growth estimate is 1.5%. If the energy sector is excluded, the growth rate for […]
Ripple and Mercado Bitcoin initiate cross-border payment service in Brazil
Key Takeaways Ripple and Mercado Bitcoin’s new system targets initial transactions between Brazil and Portugal. The partnership marks Ripple’s continued expansion in Latin America. Share this article Ripple has partnered with Mercado Bitcoin, one of Latin America’s largest crypto exchanges, to launch a new crypto-enabled cross-border payments solution in Brazil. This partnership will enable businesses to […]
FTSE Hugging The Flatline, Housebuidlers Bid On Bailey Comments
Image Source: Pexels The UK’s benchmark FTSE 100 index opened higher on Thursday, buoyed by a rise in energy shares, while Britain’s largest supermarket chain Tesco climbed after raising its annual profit forecast. The blue-chip FTSE 100 index is trading with a modest gain of 0.3%. Shares of major oil and gas companies increased by 0.6%, […]
Black Sea & South American Yields And U.S. Exports. The Corn & Ethanol Report
We kicked off the day with Challenger Job Cuts at 6:30 A.M., Exports Sales. Initial Jobless Claims, Jobless Claims 4-Week Average, and Continuing Jobless Claims at 7:30 A.M., S&P Global Composite PMI Final and S&P Global Services PMI Final at 8:45 A.M., ISM Services PMI, Factory Orders MoM, Factory Orders ex Transportation, ISM Services Business […]
Cable Steps Into A Higher Degree Correction? More Weakness After Rally
Photo by Colin Watts on Unsplash Cable is coming down, with pound under significant pressure today due to Bank of England dovish policy remarks. We see pair falling out of a wedge pattern, but looking at some higher degree trends and charts, we see that Cable is in recovery mode after it moved above 1.300 in August when […]
