Author Archive: Jeremy Parkinson
Inflation: An X-Ray View Of The Components – Thursday, April 12
Here is a table showing the annualized change in Headline and Core CPI, not seasonally adjusted, for each of the past six months. Also included are the eight components of Headline CPI and a separate entry for Energy, which is a collection of sub-indexes in Housing and Transportation. We can make some inferences about how […]
Individual Investors Bail
2018 hasn’t been the year for the little guy. Late last year, individual investors appeared to be finally getting comfortable with stocks as bullish sentiment in the weekly poll from AAII topped 50% for the first time in nearly three years. For a little while, they enjoyed the ride as equities surged to start the year and […]
3 Strong Buy Thrivent Mutual Funds For Best Returns
Being part of Thrivent Financial, Thrivent Mutual Funds had $136 billion worth of assets under management as of Dec 31, 2017. It has invested in 23 mutual funds across a wide range of categories including equity, income plus, asset allocation and fixed income funds. Also, it serves more than two million customers and has at […]
State And Local Spending On Higher Education
“Everyone” knows that the future of the US economy depends on a well-educated workforce, and on a growing share of students achieving higher levels of education. But state spending patterns on higher education aren’t backing up this belief. Here are some figures from the SHEF 2017: State Higher Education Finance report published last month by the State Higher […]
Sentiment Now Broadly Bearish
I prior posts highlighting investor sentiment data it has been noted that sentiment data is more actionable at market bottoms than at market tops. Knowing this, the American Association of Individual Investors reported bullish investors sentiment at 26.1%, which is below the minus 1 standard deviation level of the average bullish sentiment level. Additionally, bearish sentiment […]
Billion Dollar Unicorns: Will A Sales Strategy Change Help Cloudera?
Photo Credit: techmsg/Flickr.com Billion Dollar Unicorn Cloudera (NYSE: CLDR) listed in April last year. Many expected it to be a strong IPO, but the company has not done very well under public scrutiny. Recently, it reported its fourth-quarter results where the weak guidance sent the stock to its lowest levels since it listed. Cloudera’s Financials Revenues for the quarter […]
CBO – “Making America More Indebted”
In December of last year, as Congress voted to pass the “Tax Cut & Jobs Act,” I wrote that without “real and substantive cuts to spending,” the debt and deficits will begin to balloon. At that time, I mapped out the trajectory of the deficit based on the cuts to revenue from lower tax rates and sustained levels of government spending. […]
NCI Building Systems: Ready To Raise The Roof By 30%+
Non-residential construction remains in a growth phase. Office space vacancies have been stable, but the sector is still seeing the most speculative building on record. Meanwhile, warehouse and flex-space sectors are ripe for investment with low vacancy and increasing rents. Experts see industrial construction leading the way over the next two years, and clients are […]
Japan’s Business Confidence Weakens In Q1 – April Tankan Survey
On Sunday of last week, the Bank of Japan’s quarterly tankan manufacturing and non-manufacturing survey data was released. Covering the period of the first quarter, data showed that confidence among the larger manufacturing firms in Japan weakened for the first time in two years. The decline in confidence came as investors remained cautious on the business outlook […]
A Record Streak In Jobless Claims
Jobless claims came in higher than expected for the second time in a row this week, but the report was still monumental from a historical perspective. While economists were forecasting first time claims to fall to 230K from last week’s higher than expected level of 242K, the actual reading came in at 233K. This week’s print […]
