Category Archive: Finance
Emerging Markets: What Has Changed – Friday, July 14
(from my colleague Dr. Win Thin) In the EM equity space as measured by MSCI, Brazil (+8.5%), Qatar (+6.6%), and Egypt (+5.8%) have outperformed this week, while the Philippines (-0.2%), Malaysia (-0.1%), and Indonesia (flat) have underperformed.To put this in better context, MSCI EM rose 4.4% this week while MSCI DM rose 1.6%. In […]
Fool Risk Realized
Legendary football coach Bill Parcells once said, “you are what your record says you are.” It was a pearl of wisdom plucked from wherever Yogi Berra used to wander, made into a brutal truth delivered cunningly as a blatant tautology. We’ve all heard of how sports teams are “good on paper” or “better than their […]
May 2017 Headline Business Sales Decline
Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) shows unadjusted sales improved whilst inventories were unchanged. This is in contrast to the headlines which showed sales declined. Analyst Opinion of Business Sales and Inventories This was a better month for business sales compared to last month – but inventories remain elevated. […]
Rig Count Rises To April 2015 Highs As Analysts Warn “Oil Market Rebalancing Hasn’t Even Started Yet”
After falling for the first time this year two weeks ago, Baker Hughes reports US oil rig count rose once again (up 2 to 765) for the 24th week in the last 25, to the highest since April 2015. “The so-called re-balancing is likely to happen later than earlier,” Michael Poulsen, an analyst at Global Risk Management Ltd, said on Friday. […]
Industrial Production Growing, Manufacturing Inching Along
The Fed G17 report shows Industrial Production is up 0.4% this month, but the manufacturing component weighted at about three-fourths of the total has been barely growing for some time. The Fed revised May from flat to +0.1 and April from +1.1 to +0.8. The Econoday consensus was for 0.3% growth. Mining is once again the highlight of an […]
ECRI Weekly Leading Index; WLI Growth Index Continues Decline In 2017
Today’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 143.9, unchanged from the previous week. Year-over-year the four-week moving average of the indicator is now at 5.15%, down from 5.25% last week. The WLI Growth indicator is now at 2.4, also down from the previous week. “China Trade […]
Illinois Tool Works: A Dividend King With Double-Digit Total Return Potential
Illinois Tool Works (ITW) is one of the strongest, most diversified companies that a dividend growth investor can find in the industrial sector. While the stock only yields close to 2% today, the company has consistently raised its dividend at a double-digit pace for many years. In fact, Illinois Tool Works has been growing its annual […]
6 Mutual Funds In Focus Ahead Of Q2 Earnings Season
Investors have shifted their focus toward the second-quarter earnings season, with some of the major banks expected to report results next week. Some of the key sectors expected to contribute to second-quarter earnings growth are energy, aerospace, finance, technology, construction and industrial products. Better-than-expected earnings performances should lead to a rally in the price of […]
Nutanix Climbs After Goldman Adds To Conviction List, Highlights M&A Potential
The shares of Nutanix (NTNX) are rallying after Goldman Sachs added the stock to its Conviction List and called the company a potential takeover target. The firm added that the company is “a once-in-a-decade tech infrastructure story,” while its results are poised to beat consensus estimates in “coming quarters.” POSSIBLE TARGET IN HIGH-GROWTH MARKET: Calling […]
Retail Sales Unexpectedly Sink 2nd Month: Supposedly Car Sales Rise 3rd Month
The consumer has all but thrown in the towel as retail sales unexpectedly declined for the second month. The Econoday consensus was for a weak bounce to +0.1% but sales came in at -0.2%. Revisions did take May from -0.3% to -0.1% so sales were essentially flat for the last two months. Consumer spending in second-quarter […]
