Category Archive: Finance, No picture
The Big Four Economic Indicators: Industrial Production Up 0.4% In August
Note: This commentary has been updated to incorporate the August data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method. There is, however, […]
The Dollar Is Central To The Next Crisis
Introduction and summary It is now possible to pencil in how the next credit crisis is likely to develop. At its centre is an overvalued dollar over-owned by foreigners, puffed up on speculative flows driven by interest rate differentials. These must be urgently corrected by the European Central Bank and the Bank of Japan if […]
Import Prices Unexpectedly Drop 0.6%, Most In 18 Months: Export Prices Drop 0.1%
Import prices fell 0.6%. Economists expected a 0.1% decline. Export prices fell 0.1%. Economists expected a 0.2% rise. The BLS report on Import and Export Prices surprised economists with unexpected declines. Import Prices Key Points Synopsis*: Import prices declined 0.6 percent in August, the largest monthly drop since the index fell 1.3 percent in January 2016*. The […]
3 Reasons Why The USD Is On Its Feet Again
The US Dollar is back from a break, gaining ground across the board. A mix of optimism, good enough data and rising yields is behind the greenback comeback. The US Dollar dropped on Thursday amid disappointing inflation data. Risk currencies also enjoyed no news on the trade tariffs that the Trump Administration wants to impose on China. […]
Enhance Your Returns With 4 Relative Price Strength Stocks
Investors generally gauge a stock’s potential return by examining earnings growth and valuation multiples. At the same time, it’s important to measure the performance of such a stock relative to its industry or peers, or the appropriate benchmark. If you see that a stock is underperforming on fundamental factors, then it would be prudent to […]
August Retail Sales: Up 0.1% MoM, Worse Than Forecast
The Census Bureau’s Advance Retail Sales Report for August was released this morning. Headline sales came in at 0.1% month-over-month to one decimal and was worse than the Investing.com forecast of 0.4%. Core sales (ex Autos) came in at 0.32% MoM (to two decimals). Revisions were made to June and July figures. Here is the introduction from […]
Downgrading The Storms
In a week where the U.S. became the world largest oil producer and saw U.S. oil demand hit a record high on a 4-week average, the market must continue to focus on the risks from Mother Nature. Oil prices pulled back yesterday from resistance as the market reduced the risk of a tropical depression in […]
3 USAA Mutual Funds For Sturdy Returns
USAA Investment Management Company allocates its assets across a wide range of mutual fund categories, including both equity and fixed-income funds. The company seeks to follow military values — Service, Loyalty, Honesty and Integrity — to offer financial services such as brokerage services and discretionary asset management. Founded 40 years ago, the company currently has […]
Piper Says Amazon, Facebook, Alphabet Attractive Despite Regulatory Pressure
Piper Jaffray analyst Michael Olson believes shares of Amazon.com (AMZN), Facebook (FB) and Alphabet (GOOG, GOOGL) remain attractive despite increased regulatory pressure in the near-term. While current regulatory challenges present “multiple issues over the next few months,” the long-term outlook remains favorable for all three companies, Olson tells investors in a research note. The analyst […]
Semiconductor And Tech Macro Review
We had pointed out risks in semiconductor land about a month ago. Since then there’s been a battle in these stocks with rallies getting sold. Fundamentally Bullish Fundamentally we’re bullish in tech and semis. Our work still shows that there is strong demand at the data center and the enterprise. Cloud hyperscalers are still aggressively spending especially […]
