Category Archive: Finance, No picture
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 […]
Trump Gets Cold Feet On More Tariffs: US Proposes More Talks With China
After numerous pompous threats made on China, Trump may be ready to back down. The Wall Street Journal reports U.S. Proposing New Round of Trade Talks With China. The Trump administration is giving Beijing another chance to try to stave off new tariffs on $200 billion in Chinese exports, asking top officials for a fresh round […]
Oil Market Contradictions
Oil prices soared and broke on concerns of tropical storms and a major hurricane, but sold off after a downgrade of Hurricane Florence. Still, the market must come to grips with more tropical storms as well as contradictions when it comes to supply and demand. We have a storm that may cause more demand destruction […]
Weekly Unemployment Claims: Down 1K, Lowest Since December 1969
Here is the opening statement from the Department of Labor: In the week ending September 8, the advance figure for seasonally adjusted initial claims was 204,000, a decrease of 1,000 from the previous week’s revised level. This is the lowest level for initial claims since December 6, 1969 when it was 202,000. The previous week’s […]
