Category Archive: Finance
Housing Starts, Permits Collapse In September (Spoiler Alert: It Wasn’t Just The Storms)
Following last month’s bounce in permits (later revised lower), September expectations were for a decline of 2.1% (presumably analysts knew of the storms’ potential impact when they guessed) but it utterly collapsed – down 4.5%. Worse still Housing Starts were supposed to drop just 0.4% in September but crashed 4.7%. These are 2 to 3 standard deviation misses […]
NAFTA Renegotiations In Tatters As Trade Talks Break Down
Canada & Mexico Reject US Demands The Trump administration became involved in yet more political embarrassment yesterday as Mexico and Canada rejected the President’s demand during talks aimed at securing a renegotiation of NAFTA. Negotiators operating on behalf of the US government presented a slew of proposals aimed at getting the Canadian government to […]
USD/JPY And AUD/USD Forecast – Wednesday, Oct. 18
USD/JPY The US dollar initially fell during the day on Tuesday, reaching towards the 112 level. We found enough support at that level to turn things around though, but then fell after words. Because of this, we ended up forming a bit of a shooting star that sits just above the 112 handle. I think […]
Global Markets Maintain Positive Momentum
The Dow Jones Industrial Average briefly broke above the 23,000-point mark for the first time on Tuesday, driven by strong earnings from UnitedHealth and Johnson & Johnson, but finished the session just below that milestone. The US markets were up 0.5% during the week. UK’s FTSE was flat following comments by Bank of England policymakers which were […]
E Canada Posts The Fastest Population Growth Rate Among The G7 Group Of Countries
According to the Canadian Census, Canada’s population was 35,151,728 in 2016. Over the previous five years, Canada’s population increased by 1.7 million (or 5%), a slightly lower rate than the 5.9% increase from 2006 to 2011. Some salient facts about Canada’s relatively rapid population growth. About two-thirds of Canada’s population growth from 2011 to 2016 was the result of net migration (the difference between the […]
Morning Call For Wednesday, Oct. 18
OVERNIGHT MARKETS AND NEWS Dec E-mini S&Ps (ESZ17 +0.15%) this morning are up +0.16% at a new record nearest-futures high and European stocks are up +0.45% at a 5-month high. Optimism that the Trump administration will pass a tax reform plan continues to underpin U.S. equity prices, while speculation that the ECB will remain accommodative […]
Tools For Tracking The S&P 500 Over Time
We’re busy behind the scenes today here at Political Calculations, but to mark the occasion of new highs for the U.S. stock market, we thought we might revisit the past for the S&P 500 and its index predecessors. First, a quick look at the average value of the S&P 500 in each month since January […]
What You Need To Know To Invest In Stocks Strategically
To invest in stocks, you need to know how to choose the ones that are best for you. Once you’ve chosen your stocks, decide how involved you want to be with managing your investments and take a look at the different options that are available to you. Audio Length: 00:04:21
EC Something Wicked This Way Comes: McDonald’s – A Bear In A Bull Costume
As Halloween nears, kids are choosing costumes to transform themselves into witches, baseball players and anything else they can imagine. In the spirit of Halloween, we thought it might be an appropriate time to describe the most popular costume on Wall Street, one which many companies have been donning and fooling investors with terrific success. […]
Small-Caps Seeing Historic Squeeze
For the last month we have been noting a dramatic divergence between Small Cap stock prices and their implied risk… We can only remember one such lengthy decoupling in recent history, and that did not end well… And of course this is all occurring as Small Cap earnings expectations plunge… But now, as Dana Lyons’ Tumblr […]
