Category Archive: Finance, No picture
CPI-U +0.2%, Core +0.1%: Medical Care And Shelter Components Wildly Understated
The CPI came in under expectations across the board. I question shelter and medical components. The Econoday consensus estimates for CPI were 0.3% for CPI-U, 0.2% for the core CPI, and +2.8% year-over-year. Econoday Comments Contraction in medical costs and apparel and only a marginal increase in food all held down consumer prices in August. Consumer prices […]
DXY Index At Critical Juncture Following BOE, ECB Meetings
The US Dollar (via the DXY Index) has come under a good deal of pressure this week, threatening to post its fourth consecutive losing day and sixth out of seven overall. Economic data, central bank decisions, and global trade war tensions have all been at the forefront today, to the US Dollar’s detriment. This morning’s […]
Why This Generalist Analysis Is Paying Attention To Gold Now
Mike Larson, Editor of The Safe Money Report usually talks about major markets and opportunities he sees but in an upcoming talk he is focusing on gold. We discuss why gold is now catching his eye and what he thinks it will take to get the price sustainability moving higher. (Audio length 00:13:46)
What Inflation Means To You: Inside The CPI
Back in 2010, the Fed justified its aggressive monetary policy “to promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate” (full text). In effect, the Fed has been trying to increase inflation, operating at the macro level. But what does inflation mean […]
4 Mid-Cap Stocks To Buy Amid Rising Geopolitical Tensions
Markets are expected to remain turbulent due to investors’ concerns over the consequences of President Donald Trump’s protectionist trade policies, China’s plan to put sanctions on America and the impending U.S. sanctions on Iranian oil. However, instead of staying away from the stock market, betting on stocks that have been faring well despite these concerns […]
News From Switzerland And Turkey
Trouble in Swiss Employment This story from Switzerland will be ignored, lest it generate cognitive dissonance. The mainstream looks at a few carefully curated statistics. I encourage you to do a Google search on “marginal productivity of debt”. My articles are all over the first page of results. This is not because I am such […]
Trump Denies WSJ Report, Says “Under No Pressure To Make Deal With China”
The reason why the market spiked yesterday just before noon, if briefly, was a WSJ report that the Trump admin is reaching out to China for a new round of trade talks, in an effort “to give Beijing another opportunity to address Washington’s concerns over trade issues before the Trump administration implements additional tariffs on Chinese imports.” […]
US Dollar Drops To Monthly Lows After CPI Disappoints, ECB Begins Taper
INFLATION GETS THE ATTENTION OF USD BEARS It’s been a busy morning thus far as we’ve now seen two major rate decisions to go along with the release of August inflation numbers out of the United States. In somewhat of a surprising twist, it’s the inflation print that’s seemed to elicit a bit more volatility […]
Consumer Price Index: August Headline At 2.70%
The Bureau of Labor Statistics released the August Consumer Price Index data this morning. The year-over-year non-seasonally adjusted Headline CPI came in at 2.70%, down from 2.95% the previous month. Year-over-year Core CPI (ex Food and Energy) came in at 2.20%, down from the previous month’s 2.35% and above the Fed’s 2% PCE target. Here […]
Featured Stocks In September’s Most Attractive/Most Dangerous Model Portfolios
Recap from August’s Picks Our Most Attractive Stocks (-0.3%) underperformed the S&P 500 (+2.5%) last month. The best performing Most Attractive large cap stock gained 8% and the best performing Most Attractive small cap stock was up 20%. Overall, 16 out of the 40 Most Attractive stocks outperformed the S&P 500 in August, and 23 […]
