Category Archive: Finance, No picture
Curious September Energy Decline In CPI, With Crude And Gas Futures Rising
The BLS says the energy index declined 0.5 percent in September, but the price of crude rose. Overall the CPI rose 0.1%. Earlier today the BLS reported a 0.5% surge in import prices that was fuel-related. The import price for fuel increased 3.8% despite the strong dollar. For details, please see Import Prices Jump 0.5% Led […]
NZD/USD Bearish Channel In Force, NZ CPI On Tap
NZD/USD is a classic “risk-on” currency pairing. While the pair actually rose by about 50 pips over the last two days (primarily due to weakness in greenback), it remains in a longer-term downtrend defined by a 6-month bearish channel. Video Length: 00:04:08
Is Now The Time For Panic?
What we are currently seeing in the market is a symptom of a whole lot of leverage in equities that had been in rich territory at a time when, even though it is still moving along, signs abound that the economy is slowing. Is this a ‘buy the dip’ opportunity or is it just the […]
E Building Wealth: The Dividend Growth Investing Approach
Most people have, at one point in their lives, dreamed or thought about being rich, and all the benefits being rich would bring. Yet most people don’t really have to become rich as one of their investment goals, they rather are interested in saving money for their retirement, or they plan to supplement their salary […]
Has The Market Fallen Ill?
There’s no question that the U.S. economy is undergirded by consumer spending. As much as 70 percent of domestic GDP is attributed to personal consumption. So, when the consumer sector sneezes, the economy inevitably catches a cold. Welcome to flu season. This past week’s market break was accompanied by a symptomatic test of the 200-day moving […]
5 Solid High Dividend Value ETFs & Stocks To Buy Now
Heightened volatility has once again shaken the stock market badly and pushed all major indices deep in red to start the final quarter of 2018. The CBOE Volatility Index (VIX), also known as the fear gauge, jumped to more than 28, its highest level since Feb 12, 2018. This suggests that market fears have started […]
SMAs – A Better Way For Long-Term Investors
I am part of what may be a frontier in investment products – SMAs or Separately Managed Accounts. These have been around for decades, but are now finding favor as a smart alternative. SMAs, have grown by 84% since 2010, according to a report by Morgan Stanley titled “What’s Behind the Surge in Separately Managed Accounts?” Per Investopedia: […]
Yield Curve Steepens But Recession Risks Haven’t Faded
The yield curve has steepened considerably in the past month. Some think it means recession risk has diminished. Yield Curve Debate Not necessarily @greg_ip @IanShepherdson Look at a chart of the yield curve it steepenes at the onset of recessions. Another possibility to consider, despite the alleged strength of the economy is the yield curve […]
Import Prices Jump 0.5% Led By Fuel, Export Prices Flat But Ag Prices Down 1.4%
Import prices jumped 0.5% while export prices were flat. The inflation hawks will yap. So will Trump about soybeans. The BLS provides this synopsis of Import and Export Prices for September. Prices for U.S. imports increased 0.5 percent in September, the U.S. Bureau of Labor Statistics reported today, after declining 0.4 percent in August and 0.1 percent […]
Michigan Consumer Sentiment: October Preliminary Slips
The University of Michigan Preliminary Consumer Sentiment for October came in at 99.0, down 1.1 from the September Final reading. Investing.com had forecast 100.4. Surveys of Consumers chief economist, Richard Curtin, makes the following comments: Consumer sentiment slipped in early October, although it remained at quite favorable levels and just above the average reading during 2018 (98.5). […]
