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Why So Glum? Sentiment By Partisan Grouping

Why So Glum? Sentiment By Partisan Grouping

Michigan consumer sentiment declined, below consensus (68.9 vs 70.9). Why?First, consider a text based index of economic news, compared against consumer sentiment disaggregated by partisan grouping. Figure 1: University of Michigan Consumer Sentiment for Democrats (blue, left scale), for Independents (gray, left scale), for Republicans (red, left scale),  Shapiro, Sudhof and Wilson (2020) Daily News Sentiment Index (green, […]
Futures Shock

Futures Shock

Image Source: Pexels A look at twenty commodity futures charts.Video Length: 00:06:58More By This Author:Tesla’s Good Behavior Moderated De-Rate Couple Of Obscure Semis
Is Investing In China Like Investing In The U.S. Circa 1950s?

Is Investing In China Like Investing In The U.S. Circa 1950s?

China – the US has tried to sanction the country into irreparable hardship.But China moves along regardless.China has shifted gears to increase domestic production.Huawei is one example of a company that sanctions left practically bankrupt, that now has soaring revenues.With the help of the Chinese government, that company and others are benefitting from a blend […]
Rummaging Around In The Undergrowth

Rummaging Around In The Undergrowth

I’m in natural world mode this week, like a wildlife documentary maker, desperately seeking out signs of growth and optimism. There were sightings in Europe earlier this year, but both are now on the endangered species list. So, I’ve got my magnifying glass out again as I look ahead to next week.Image Source: Pexels THINK Ahead: […]
Speculator Extremes: Australian Dollar & VIX Lead Weekly Bullish Positions 
                    

This Week’s Most Bearish Speculator Positions:

Speculator Extremes: Australian Dollar & VIX Lead Weekly Bullish Positions This Week’s Most Bearish Speculator Positions:

The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on October 8th.This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the underlying market.To signify an extreme position, […]
AT&T Inc.: Is It A Buy?

AT&T Inc.: Is It A Buy?

Image Source: Unsplash One of the cheapest stocks in our Stock Screeners is: AT&T Inc (T)The wireless business contributes nearly 70% of AT&T’s revenue. The firm is the third-largest US wireless carrier, connecting 72 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 16% of revenue, include internet access, private networking, security, […]
A Perfect Credit Storm

A Perfect Credit Storm

Image source: Pixabay Gold closed the week at $2,657 (up $5 since last week) and silver at $31.52 (up $0.67). We discuss the economic aftermath of Hurricane Milton, crashing Chinese stocks, and terrifying credit card interest rates. OTHER TOPICS DISCUSSED- September Core CPI data above expectations at 0.2%- Jobless claims jump 33,000 to 258,000- Consumer sentiment […]
Geopolitical Tensions And Market Shifts Define Today’s Global Landscape

Geopolitical Tensions And Market Shifts Define Today’s Global Landscape

Image Source: Pixabay U.S. Officials Expect Israeli Strikes on Iranian Military and Energy Sites As tensions escalate in the Middle East, U.S. officials are reporting that Israel may target military and energy infrastructure in Iran. This anticipated move highlights the intensifying security concerns and could have significant implications for regional stability and energy markets. Hezbollah Engages […]
Market Commentary: 45 And Counting

Market Commentary: 45 And Counting

DepositPhotos  Forty-five basis points. That’s the jump in 10-year yields since September 17th, the day before the FOMC meeting (and 50 bps rate slash). Benchmark MBS yields are up 59 bps. October 10 – Bloomberg (Catarina Saraiva and Amara Omeokwe): “Three Federal Reserve policymakers on Thursday were unfazed by a higher-than-forecast September inflation report, suggesting […]
Dow Jones US30 Analysis And Forecast – Sunday, Oct. 13

Dow Jones US30 Analysis And Forecast – Sunday, Oct. 13

Image Source: Unsplash  Today, you will see my US30 price prediction based on technical analysis. What is the support and resistance on the daily time frame for US30? What to expect where the price will breakout for the US30 based on the supply and demand zones? Watch to find out.   Video Length: 01:01:58More By This Author:Gold […]