Category Archive: Finance, No picture
Job Openings Hit New Record: More Openings Than Job Seekers Since March
Job openings hit a new record high. Since March, the number of openings has exceeded the number of people looking. Inquiring minds are investigating the latest Job Openings and Labor Turnover (JOLTS) report from the BLS. Job Openings On the last business day of July, the job openings level was little changed but reached a new series […]
Inflation Is Close To The 3% Deleterious Level For Stocks
The longer inflation remains subdued, the longer this expansion lasts. The question here is simple – Are equities over- or undervalued with current inflation values? Here’s a look. (For bottom-liners – with the today’s inflation readings close to 3%, stocks will be teetering for the next couple of years. That is, unless inflation subsides.) Country Y/Y CPI Y/Y […]
Gold Price Rebound Mired By String Of Lower Highs And Lows
Gold slips to a fresh monthly-low ($1188) as the U.S. dollar remains bid following the U.S. Non-Farm Payrolls (NFP) report, and the precious metal remains vulnerable to further losses ahead of the Federal Reserve’s meeting as it extends the string of lower highs & lows carried over from the previous week. GOLD PRICE REBOUND MIRED BY STRING OF […]
SEC Strikes Again
Bitcoin has moved up a bit since the very recent decline. The SEC has just suspended two Bitcoin vehicles. The volume is pretty thin. Is a new rally budding? Or do these events point to a precipitous decline? The memory of the SEC turning down prospective Bitcoin ETFs is still fresh and now the agency […]
Wait-And-See Bank Of England (BoE) To Offer GBP/USD Little Relief
GBP/USD pulls back from a fresh weekly-high (1.3087) even as Bank of England Governor Mark Carney extends his tenure until the end of January 2020, and the pound-dollar exchange rate may continue to consolidate ahead of the central bank meeting on September 13 as the Monetary Policy Committee (MPC) is widely expected to keep the benchmark interest rate on […]
Aston Martin’s $6.5 Billion IPO: Good Timing For Who Exactly?
Aston Martin is riding Ferrari’s bumper with its proposed IPO launch that values the company at around $6.5 billion. It’s on track to sell between 6,200 and 6,400 cars this year, with projected sales of around $1.26 billion… So, that looks like a monster valuation, at around five times sales and as much as 60 […]
5 Value Stocks With High Dividend Yields To Buy Now
The start of September has been scary for Wall Street, with all the major indices down in the initial week driven by a steep sell-off in the tech sector and Trump’s new tariff threat. In fact, the Nasdaq Composite Index logged its worst start to September since 2008. Donald Trump threatened to impose tariffs on […]
Long-Term Trends In Employment By Age Group – Tuesday, Sept. 11
The Labor Force Participation Rate (LFPR) is a simple computation: You take the Civilian Labor Force (people age 16 and over employed or seeking employment) and divide it by the Civilian Noninstitutional Population (those 16 and over not in the military and or committed to an institution). The result is the participation rate expressed […]
August Rents Rose In 89% Of Top 252 Cities: Fastest Pace In 18 Months
Apartment construction is down. Rent prices are up. That’s the message in 89% of the top 252 US markets. The RentCafe reports August Rents Rose at the Fastest Pace in 18 Months, as Apartment Construction Slows Key Points Rents push forward in August, rising by 3.1%, the fastest annual increase in 18 months. The national average […]
EUR/USD Drops Below 1.1600 As ECB, Chart Support Loom Ahead
EUR/USD BACK-BELOW 1.1600 AS PRICES BUILD INTO DESCENDING TRIANGLE It’s been a pensive past couple of weeks for EUR/USD. After opening August by selling-off down to fresh lows, driven by fears around European banks’ exposure to Turkey, EUR/USD caught support mid-month and then spent the next two weeks erasing a large portion of those losses. […]
