Category Archive: Finance, No picture
Below Trade Expectations Firm Corn And Soybean Prices
Market Analysis With the general market mantra “Big crops get bigger” and spillover negative economic ideas from a weakening US stock market, October’s below trade expectations in both corn & soybean outputs caught the market leaning. With the trade expecting a higher yield, corn’s 1.1 bu low-er US level provided the biggest percent price lift. […]
Ranking The Value Of “Nation Brands”
What comes to mind when you think about Spain or Japan? Just like anything else, our brains tend to associate certain images and attributes with a given country in order to form a unique mental perception. In a global marketplace, a country’s national image can be one of its most valued assets or a challenging […]
Reality Versus Market Agitprop: Did Everyone Really Turn Bearish On Wednesday?
I was going to leave well enough alone on Friday when it comes to whether the technical selloff on Wednesday and its less dramatic sequel on Thursday together presage something ominous into year-end. But reader feedback over the last few hours suggests an appetite for “more cowbell” (as it were) and I can certainly understand […]
ECRI Weekly Leading Index Update – Friday, Oct. 12
This morning’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 148.6, down from the previous week’s 149.1. Year-over-year the four-week moving average of the indicator is now at 2.84%, down from last week. The WLI Growth indicator is now at 0.57, up from the previous week. “Outsized Gains […]
Has “It” Finally Arrived?
With the recent plunge in the S&P 500 of over 5%, has the long-anticipated (and long-overdue) market correction finally begun? It’s hard to say for certain. But the systemic cracks we’ve been closely monitoring definitely got an awful lot wider this week. After nearly a decade of endless market boosting, manipulation and regulatory neglect, all […]
Defense Stock Roundup: Weak Global Market Takes A Toll, Lockheed Martin Wins Big
A weak broader market impeded the generous flow of funds from the Pentagon to U.S. defense contractors last week. Notably, the Wall Street took a hit on Oct 10, which reflected in the markets’ worst fall in more than eight months. Consequently, both the S&P 500 Aerospace & Defense (Industry) as well as Dow Jones […]
Lazard – Stock Pick Of The Week
Lazard (LAZ) is an asset management beast like no other. Having 50% of its income coming from asset management and the other 50% from advisory, LAZ can perform during high and low economic times. It has been growing its market shares for the last 10 years and there is more to it.
Wells Fargo (WFC) Misses On Q3 Earnings, Shows Cost Control
Impacted by lower mortgage banking revenues, Wells Fargo WFC recorded a negative earnings surprise of 3.4% in third-quarter 2018. Earnings of $1.13 per share missed the Zacks Consensus Estimate of $1.17. However, the bottom-line compared favorably with 83 cents recorded in the prior-year quarter. Including non-recurring items, net income for the quarter came in at $6 billion compared […]
