Rail Week Ending 15 November 2014: Another Soft Week Inside A General Growth Cycle
Nov 21, 2014
Jeremy Parkinson
Entertainment
Econintersect: Week 46 of 2014 shows same week total rail traffic (from same week one year ago) grew according to the Association of American Railroads (AAR) traffic data. Rail growth this week continues to demonstrate an improving economy – but the rate of growth softened in all of the rolling averages reported below. Rail counts are growing […]
US Daily Cash Deficit
Nov 21, 2014
Jeremy Parkinson
Entertainment
The US Daily Cash Deficit for Wednesday 11/19/2014 was 9.2B bringing the November 2014 deficit to $62B and the 2014 YTD deficit to $609B. Click on picture to enlarge As expected revenues have pulled back to even as last year’s TARP revenue failed to come through this year….not a surprise. Outlays continue to slowly gain […]
Bull Of The Day: Ethan Allen
Nov 21, 2014
Jeremy Parkinson
Entertainment
It’s been 2 years since Ethan Allen Interiors Inc. (ETH – Snapshot Report) was a Zacks Rank #1 (Strong Buy). The furniture retailer recently easily beat the Zacks Consensus in the fiscal first quarter and analysts have been raising full year estimates. Furniture is back! Ethan Allen is an upscale home furnishing retailer. It operates 300 design centers in […]
Big Tobacco Launches A “Safer” Cigarette. It Won’t Stem The Decline
Nov 21, 2014
Jeremy Parkinson
Entertainment
You have to hand it to Big Tobacco. As an industry, it’s a survivor. It’s doing everything it can to reinvent itself in a world in which its core product—cigarettes—becomes more of a social pariah with every passing year. Let’s take a look at what Big Tobacco is up to and what it might mean […]
10 Examples Of The Social Decay That Is Eating Away At America Like Cancer
Nov 21, 2014
Jeremy Parkinson
Entertainment
It isn’t just our economy that is crumbling. Something is happening to America that no amount of money will be able to fix. Everywhere around us we can see evidence of the social decay that is systematically eating away at the foundations of our society. It can be found on the streets of our inner […]
Have Central Banks Entered An Undeclared War?
Nov 21, 2014
Jeremy Parkinson
Entertainment
The monetary tectonic plates are shifting, and predicting the next global financial earthquake is relatively easy. I recently suggested that the devaluation of the yen was Japan’s Monetary Pearl Harbor: a direct attack on the currencies of its major trading partners: the euro (European Union), the won (South Korea), the Australian dollar (AUD) and the U.S. […]
Dollar Rises On Central Bank’s Divergence
Nov 21, 2014
Jeremy Parkinson
Entertainment
The release of the most recent Federal Reserve minutes suggest that the U.S. central bank is keen on raising interest rates in 2015 and more, that the FOMC is relatively unconcerned about the greenback’s strength. As a consequence, the U.S. Dollar rose close to a fresh 7-year high against the Japanese Yen and FX traders […]
What Are Consumers’ Experiences And Expectations Regarding Credit Demand?
Nov 21, 2014
Jeremy Parkinson
Entertainment
by Basit Zafar and Wilbert van der Klaauw – Liberty Street Economics, Federal Reserve Bank of New York Today, we are releasing new data on consumers’ experiences and expectations regarding credit demand. We have been collecting these data every four months since mid-2013, as part of our Survey of Consumer Expectations (SCE). Other data sources describing consumer credit either […]
Best Of The Dow
Nov 21, 2014
Jeremy Parkinson
Entertainment
I used Barchart to sort the Dow Industrial Index stocks by the highest Barchart technical buy signals. The 5 top stocks were: Boeing(NYSE:BA), Nike (NYSE:NKE), Nike (WMT), Intel (NASDAQ:INTC) and Coca-Cola (NYSE:KO): Boeing (BA) Barchart technical indicators: 100% Barchart technical buy signals Trend Spotter buy signal Above its 20, 50 and 100 day moving averages 6 new highs and up 6.05% […]
Russian Gold Reserves Continue To Expand
Nov 21, 2014
Jeremy Parkinson
Entertainment
Russia added another 600,000 oz to its reserves in October. Nothing to see here. Move along. Click on picture to enlarge