Category Archive: Finance, No picture
ECRI Weekly Leading Index Update – Friday, Oct. 5
This morning’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 149.1, up from the previous week’s 148.4. Year-over-year the four-week moving average of the indicator is now at 3.01%, down from last week. The WLI Growth indicator is now at 0.48, up from the previous week. “Outsized Gains […]
U.S. Natural Gas Exports More Than Double: 4 Stocks In Focus
Adoption of alternative energy sources has increased significantly, given increasing awareness about reducing greenhouse gas emissions and lowering rate of climate change. While renewables like solar and wind are more preferred options when it comes to the development of a carbon-constrained environment, demand for natural gas is gaining steam as it is the cleanest fossil […]
Recapping The Rise In Yields And The Jobs Number
(Audio length 00:10:08) Chris Temple joins me today to recap the rise in yields over this week. We are also seeing the steepening of the yield curve. The jobs number this week was net neutral but one thing it does is give the fed further cover to continue on its rate hiking path.
Trade Deficit Widens Despite Tariffs: Record Deficits With China, Mexico
Today’s trade report will set off hows from trump. Imports up, exports down. Record deficits with China and Mexico. The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $53.2 billion in August, up $3.2 billion from $50.0 billion in July, revised. Exports, Imports, and Balance August […]
China’s Nineties Fears, Not Just Japan
The year 2012 was a turning point, there can be no doubts about that. At least not when objectively and honestly reviewing the data. Up until the worldwide slowdown that hit that year, starting the year before, 2011, in an “unexpected” flare-up of global monetary crisis, the Great “Recession” was viewed as harsh, even prolonged. […]
Gold Stocks Recovering 2
The battered gold miners’ stocks are finally starting to recover after a rough few months. Their prices slid with gold in July, plummeted in a brutal forced capitulation in August, and then dropped again in an echo capitulation into mid-September. That left them at fundamentally-absurd price levels wildly disconnected from their actual profitability, leaving this […]
4 Defense Stocks That Outperformed The S&P 500 Year To Date
The U.S. Aerospace and Defense industry has always stood strong, courtesy of the ever-growing demand for defense equipment and rapid technological advancements. Impressively, the Zacks Aerospace & Defense industry has risen 17.3% compared with the S&P 500’s gain of 15.2% year to date. Let’s take a closer look at the factors that have been backing the stellar […]
August Trade Deficit At $53.24B
The U.S. International Trade in Goods and Services, also known as the FT-900, is published monthly by the Bureau of Economic Analysis with data going back to 1992. The monthly reports include revisions that go back several months. This report details U.S. exports and imports of goods and services. The Bretton Woods agreement, which established a […]
Revisions Save An Overhyped Employment Report As Jobs Rise By 134,000
Some expected 300,000 or more jobs in today’s report. Instead, payrolls rose by 134,000. Revisions substantial. Initial Reaction The consensus estimate was 180,000 jobs. The ADP estimate was 230,000, and based on ISM reports, I saw talk of 300,000. Today’s establishment survey shows jobs rose by 134,000 with only 121,000 private jobs. The hype would […]
