Category Archive: Finance
EC Eaton: Paying Dividends Every Year For Nearly A Century
While Eaton (ETN) won’t show up on the list of dividend aristocrats, the company has one of the most impressive dividend streaks in the world. Eaton has paid dividends every year for more than 90 years (dating back to 1923) and compounded its payout by more than 10% annually over the past decade. With a dividend […]
GBP: Negative Brexit Sentiment Weights But Not Much Further Scope For Selling
Brexit talks are into their third round. While the UK offered some concessions, the EU does not see enough progress. What does this mean for the pound? The team at BTMU analyzes: Here is their view, courtesy of eFXnews: BTMU FX Strategy Research argues that while the negative Brexit sentiment could put a downside pressure on GBP over […]
Share Markets In India Open On A Cautious Note Ahead Of GDP Numbers
Majority of Asian stock indices are lower today as Chinese and Hong Kong shares fall. The Shanghai Composite is off 0.43% while the Hang Seng is down 0.56%. The Nikkei 225 is trading higher by 0.7%. US stocks rose on Wednesday after stronger-than-expected US economic growth outweighed concerns about escalating tensions between the United States and North Korea. Back home, share markets […]
Gold Flash-Crashes
After the shenanigans in US mega-tech stocks over the last two days and the seemingly well orchestrated melt-up to pre-J-Hole levels in the dollar, why should anyone be surprised that ‘someone’ decided to try to sell $1.1 billion notional into the Asian open… Was The Bank of Japan at work again? The flash crash lows coincided […]
Why Wages Have Lost Ground In The 21st Century
One of the enduring mysteries for conventional economists is why wages aren’t rising for the bottom 95% even as unemployment is low and hiring remains robust. According to classical economics, the limited supply of available workers combined with strong demand for workers should push wages higher. Why have wages for the bottom 95% lost ground in […]
EC Asymmetries In Fiscal Policy, Again
One of the most interesting papers presented at the Jackson Hole conference was written by Alan Auerbach and Yuriy Gorodnichenko, entitled Fiscal Stimulus and Fiscal Sustainability. A key takeaway is that fiscal stimulus, during a slump, is likely to reduce — rather than raise — the debt to GDP ratio. This point is highlighted in Figure 3 in the paper, […]
Five Below, Inc. Reports Q2 Net Sales, Comp & Earnings Exceeded Outlook & Raises Full Year Fiscal 2017 Guidance
Written by Lorimer Wilson Five Below, Inc. (NASDAQ: FIVE) today announced Q2 net sales which exceeded the high end of their sales, comp and earnings outlook and raised full year fiscal 2017 guidance. About Five Below: Five Below is a specialty value retailer targeting teen and pre-teen customers and offers a broad range of trend-right, high-quality […]
Projecting The Effective Demand Limit
The economy expands in terms of capacity utilization until the effective demand limit is reached. The following graph shows the effective demand limit. (link to data… https://fred.stlouisfed.org/graph/?g=eUj3) The red link of effective demand stays above real GDP. One thing to notice about the red line of effective demand is that after is bounces off of real […]
Stocks To Watch: WTW, DIS, AAOI
Today’s stock picks Short Weight Watchers (WTW) Short Walt Disney (DIS) Long Applied Optoelectronics (AAOI)
Exactly What The Bulls Wanted
All but one of the 14 major market sectors was up today. More importantly… The top 3 sectors in our summary table (sorted by 6 month change) were 3 of the 4 biggest movers. This is good news for the bull market – SMH, XLK, and XLV reasserted their leading trends. Additionally, the Biotech’s (IBB), […]
