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Today’s USDA Planting Intentions And Quarterly Stocks Reports And Their Impact On Prices

Today’s USDA Planting Intentions And Quarterly Stocks Reports And Their Impact On Prices

Image Source: Unsplash The US producers always seem to throw a curve into the Planting intentions each year. They reported to the USDA on today’s survey that they intend to drop their overall feed grain plantings by 6.18 million acres with 4.6 million acres of the total coming from corn. This dramatic yearly change has swept […]
The Great Canadian Debate Is Underway Why Productivity Is So Poor

The Great Canadian Debate Is Underway Why Productivity Is So Poor

Image source: Pixabay The debate was kicked off when the Bank of Canada’s deputy governor, Carolyn Rogers, threw down the gauntlet, claiming that Canada faces a productivity emergency. As if the issue can be dealt with by sending in a squat team to boost productivity immediately. By pointing to a general weakness in Canadian workers’ performance, the […]
Market Talk – Thursday, March 28

Market Talk – Thursday, March 28

ASIA:The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 594.66 points or -1.46% to 40,168.07 Shanghai increased 17.52 points or 0.59% to 3,010.66 Hang Seng increased 148.58 points or 0.91% to 16,541.42 ASX 200 increased 77.30 points or 0.99% to 7,896.90 Kospi decreased 9.29 points or -0.34% to 2,745.82 SENSEX increased […]
Apartment List Reports Rent Prices Increase For The Second Month

Apartment List Reports Rent Prices Increase For The Second Month

Rent data from Apartment List and the BLS. Apartment List reports rising prices after six months of declines. However, even a cursory glance at the chart shows seasonal variations that makes the data mostly unusable.Here’s the Apartment List Report for March of 2024 to discuss. For the last two years seasonal declines have been steeper than usual […]
Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000

Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000

Image Source: Pixabay The first red flags emerged in the summer of 2022: that’s when the Biden Labor Department started well and truly rigging the labor market data.Regular readers may recall that it was back in July of 2022, when we first warned them that something had snapped in the labor market: that’s when a staggering discrepancy emerged between […]
Stocks Finish Strong Quarter With 5th-Straight Monthly Gains

Stocks Finish Strong Quarter With 5th-Straight Monthly Gains

Despite facing some volatility, the S&P 500 wrapped its best quarter since 2019 with daily, weekly, and monthly gains, including a record close today. The same can be said for the Dow, which notched its best quarterly performance since 2021 and its fifth-straight positive month.While the tech-heavy Nasdaq extended a monthly win streak of its own […]
5 Best Stocks That Powered The S&P 500 ETF In Q1

5 Best Stocks That Powered The S&P 500 ETF In Q1

Image Source: Pixabay The first quarter has been strong for Wall Street. In fact, the S&P 500 is on track for its best first quarter since 2019 and the 12th strongest first quarter since 1945, having gained 10%. Strong corporate profits, enthusiasm around AI, and hopes that the Fed will cut rates have bolstered investors’ sentiment, […]
U.S. And UK Probing $20 Billion In Crypto Transactions On Russian Exchange

U.S. And UK Probing $20 Billion In Crypto Transactions On Russian Exchange

Image Source: Pexels Today’s major cryptocurrency news is the 25-year prison sentence handed to Sam Bankman-Fried, the former CEO of bankrupt crypto exchange FTX.However, while the crypto community and the global market react to the sentencing, there’s another headline news report echoing across the market. UK, US probe Garantex-linked USDT transactions On Thursday, March 28, a report by Bloomberg […]
These 10 AI Stocks Have The Best Buy And Hold Valuation Metrics

These 10 AI Stocks Have The Best Buy And Hold Valuation Metrics

Photo by Steve Johnson on Unsplash Introduction This article identifies the 10 AI stocks that still exhibit more room to run in 2024 based on their current excellent Price-to-Earnings (1-year) Growth (PEG) Ratio valuation metrics.  Why the PEG Ratio? Given that growth is a key component of a stock’s expected return, the PEG ratio provides a simple way […]
Profits Are Still Rising, Why Is The Fed Worried About Wage Growth?

Profits Are Still Rising, Why Is The Fed Worried About Wage Growth?

Image Source: Pexels I was more than a bit surprised to see the profit data this morning. I really did believe that the profit surge during the pandemic was a one-off, associated with supply-chain issues.We can argue about how much of this increase was a predictable story, where profits rise due to shortages, and how much […]