Category Archive: Finance
Harvey’s Aftermath: How Might The U.S. Economy Fare?
In today’s edition of Market Week in Review, Consulting Director Sophie Antal Gilbert chatted with Kara Ng, senior quantitative investment strategy analyst, about the anticipated economic impacts to the U.S. from Hurricane Harvey, which caused untold destruction in Texas and Louisiana earlier this week. Economic and financial market implications of Harvey “Our hearts go out […]
Hurricane & Political Surprises As Dow Rises
It was a tumultuous month politically, economically, and meteorologically. The devastating destruction left in the wake of Hurricane Harvey’s 130 mile per hour winds and 50+ inches of rain displaced more than 30,000 people in Texas, destroyed upwards of 40,000 homes, and created estimated damages of $190 billion, making this storm the costliest hurricane in […]
Toward The Housing Bubble, Or Great Depression?
During the middle 2000’s, one more curious economic extreme presented itself in an otherwise ocean of extremes. Though economists were still thinking about the Great “Moderation”, the trend for the Personal Savings Rate was anything but moderate, indicated a distinct lack of modesty on the part of consumers. In early 2006, the Bureau of Economic […]
Despite Pessimism Economy Doing Just Fine
“Davidson” submits: US Household Survey Employment falls a little, but remains on trend from 2009. Light Weight Vehicle Sales lower, some indicating a Harvey impact. Temp Employment and Job Openings, both precursors to higher full-time employment, continue to reach higher levels. Nothing is more telling than Real Personal Disposable Income and Real Retail and Food […]
A Solid Litecoin Price Action And Chart
Litecoin price broke out above its 3 months ascending channel. This is very Bullish for Litecoin price which will now benefit from even more positive investors’ attention. When we published our artivle yesterday, we mentioned that Litecoin price is set up to benefit from 3 factors: An awesome chart set up, which is supported by an all […]
3 Aerospace & Defense Stocks To Invest In For Better Returns
The U.S. aerospace and defense stocks have seen significant upward trends so far this year, primarily on the back of increasing geopolitical uncertainties worldwide. While a number of industry bellwethers posted encouraging results, the Aerospace sector also reaped the benefits. This impressive performance is anticipated to continue for the remaining half of the year as well, driven […]
Beware The Ides Of September
As made clear in my previous articles, I see nothing to indicate a bear market is imminent. But the number of trailing stops I have now placed in my family and client portfolios clearly shows my concern for the likelihood of a correction (not a new bear) in the ongoing bull. Bull markets don’t die […]
The Natural Gas Strip Tells All
The October natural gas contract may have closed just a percent higher on the day, but the signal the natural gas market provided as a whole was far stronger. On Friday afternoons we send out our Pre-Close Update which both forecasts the weather for the next few weeks that is expected to impact the natural […]
WSFS Financial Corporation Announces Execution Of $55.0 Million Senior Debt Call
WILMINGTON, Del., Sept. 01, 2017 (GLOBE NEWSWIRE) — WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced that it has called $55.0 million of senior debt with a coupon rate of 6.25%. The debt was repaid using a portion of the proceeds from the June 2016 public offering of $100 million of […]
