Archives by Month:

Archives by Year:

A Sour Apple

A Sour Apple

Image Source: Unsplash One of investors’ favorite stocks has been underperforming the S&P 500 for several weeks lately, falling from $200 to $170 during that time frame. I could, of course, be referring to Tesla (TSLA) – especially after yesterday’s disappointing deliveries – but the description also fits for Apple (AAPL).Let me preface today’s piece by […]
“Urban Doom Loop” Of Vacant Offices: How Far Will It Go?

“Urban Doom Loop” Of Vacant Offices: How Far Will It Go?

Image Source: Unsplash Even the mainstream is starting to acknowledge the massive problem of vacant office buildings littering American cities, slowly turning them into post-Covid wastelands. While a few pundits are claiming (in somewhat Orwellian fashion) that the surge in empty commercial real estate is actually a chance for a utopian turnaround in the ashes of […]
Few Silver Miners Will Be Able To Significantly Ramp Up Production

Few Silver Miners Will Be Able To Significantly Ramp Up Production

Image Source: Unsplash Silver industry executives have been talking about how there’s an ongoing deficit in the silver market. That will necessitate a higher silver price for more production to come online.Yet even if we saw a $35-50 silver price for an extended period of time, would that be enough to close the gap?Don Durrett of […]
Mexican Peso Bucks The Trend, Ascends After Mixed U.S. Data, Stern Fed

Mexican Peso Bucks The Trend, Ascends After Mixed U.S. Data, Stern Fed

Image Source: Unsplash The Mexican Peso posts gains against the US Dollar on Wednesday as US Treasury yields climbed, sponsored by Atlanta Federal Reserve President Raphael Bostic’s hawkish comments. Economic data from the United States (US) was mixed, while goodish Gross Fixed Investment figures in Mexico capped the emerging market currency’s fall. The USD/MXN trades at 16.53, down […]
Ford’s Hybrid And Electric Vehicle Sales Surge In Q1, Driving Overall Growth

Ford’s Hybrid And Electric Vehicle Sales Surge In Q1, Driving Overall Growth

Image courtesy of 123rf.com Ford Motor Company (NYSE: F) showcased a robust performance in the first quarter of 2024, maintaining its position as America’s top truck seller. Sales increased 7%, outpacing the overall industry, with both Ford and Lincoln brands contributing to the growth. The Ford Maverick and Maverick Hybrid played a significant role in this success, recording […]
U.S. Service Sector Price Pressures Cool As Activity Slows

U.S. Service Sector Price Pressures Cool As Activity Slows

The March ISM services index was weaker than predicted while price pressures moderated to four-year lows. With employment remaining in contraction territory this report should boost the case for interest rate cuts, but the breakdown in the relationship with official data means the Federal Reserve will remain wary of moving too soon.Image source: Unsplash ISM reports cooling […]
Gold Forecast: Surfing The Extreme Sentiment Waves In Gold

Gold Forecast: Surfing The Extreme Sentiment Waves In Gold

Image Source: Pixabay Gold is rallying regardless of what’s happening in other markets.And while there are signs of a top, gold appears to simply not care about them at the moment. In particular, the gold price keeps on forming daily reversal candlesticks, which “should” be tops, but they likely aren’t. The emotional momentum is so strong […]
ISM Services Weakens But Still Slightly Positive, Employment Contracts 2nd Month

ISM Services Weakens But Still Slightly Positive, Employment Contracts 2nd Month

ISM chart and excerpts below by permission from the Institute for Supply Management® ISM® Please consider the March 2024 Services ISM® Report On Business®  emphasis mine. Economic activity in the services sector expanded in March for the 15th consecutive month. The sector has grown in 45 of the last 46 months, with the lone contraction in December 2022. The […]
America’s Top Companies By Revenue (1994 Vs. 2023)

America’s Top Companies By Revenue (1994 Vs. 2023)

A lot has changed since the 1990s, especially in the business world.To highlight these changes, we’ve visualized the top 10 U.S. companies by revenue, in both 1994 and 2023. Figures for 1994 were sourced from the American Business History Center, while 2023 figures come from the latest Fortune 500 ranking.Note that 1994 figures were not adjusted […]
Stocks Attempt Bounce Despite Surging Bond Yields

Stocks Attempt Bounce Despite Surging Bond Yields

Stocks are clawing their way out of the red, despite hotter-than-expected private payrolls data. The Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) could today see their first win in three sessions, and the Nasdaq Composite (IXIC) sports a solid midday lead as well. Traders are brushing off a surging 10-year Treasury yield and oil prices, […]