Category Archive: Finance, No picture
Construction Spending Continued To Increase In November
I’m feeling a little under the weather today, so I am going to keep this brief.Total construction spending rose 0.4% in November, while residential construction rose 1.1%: Keep in mind that these are nominal numbers, affected by the cost of construction materials.Typically residential construction moves in tandem with building units under construction. Here’s that comparison: […]
Ringing In 2024: Predictions For A Prosperous New Year
Image Source: Unsplash Start your New Year with a strategic edge! Join Keith Fitz-Gerald, Principal of the Keith Fitz-Gerald Group. Keith spent 43 years in global markets and he thinks we’re heading into an “extraordinary year” this year. He’ll reveal his own investing strategies for 2024, deep dive into the future of investing, and unpack their […]
2024 Outlook: Rate Cuts And The Influencer Apocalypse
Image Source: Pexels Three quotes – “The aim of art, the aim of a life can only be to increase the sum of freedom and responsibility to be found in every man and in the world… there is not a single true work of art that has not in the end added to the inner freedom […]
TLT $115: The Forces At Play In The Treasury Market
My biggest position is the Long Term Treasury ETF (TLT). After being early and getting slaughtered, TLT has rallied hard in the last two months. The reasons are tame CPI reports and the Fed Pivot. With the 10-year yield having dropped from 5% to under 4% and TLT rallying from the low $80s to close to […]
Gold Price Retraces To Demand Zone As Dollar Probes Recovery
Image Source: Pixabay The gold price is trading in the red at $2,067 when writing. The precious metal has turned to the downside after reaching today’s high of $2,078.Probably, XAU/USD slipped lower as the US dollar edged higher. Today, the Eurozone reported mixed data, but the traders wait for the US figures before taking action.The Final […]
Before It’s All Over, We’ll See Higher Inflation, Higher Rates And A Wicked Bear Market
Image source: Pixabay The past few years have been full of surprises, often going the exact opposite way that Wall Street expected at the start of each year.Well, as we prepare to enter 2024, it may help to tap the expertise of those investors who have been around the longest and been the most successful.High on […]
2023 Russell 1,000 Average Stock Performance By Sector
2023 turned out to be a fantastic year for stocks after a horrible 2022. Below we show the average total return of all stocks in each sector of the Russell 1,000 in 2023. While most areas of the market moved higher during the year, the one area of equity markets that actually provided a negative […]
The Federal Reserve’s Balancing Act Between Inflation And Growth
Image Source: Pixabay Soft landings, it has been said, are the holy grail of monetary policy, and there may be signs that we’re on the cusp of one. But what does it mean for the economy in 2024 to have a soft landing? And conversely, what constitutes a hard landing?Simply put, a soft landing occurs when […]
Macro – Construction Spending
Image Source: Unsplash Residential construction continues to strengthen as non-residential construction may have peaked. The non-residential spending is a result of the public sector which contracted in November after a huge run for the last 18 months. More By This Author:Macro – Durable Goods Macro: The Index Of Consumer Sentiment Macro: GDP Q3 — Inflationary BOOM
Apple’s Stock Dips After Barclays Downgrade Based On Fading Iphone Demand
Image courtesy of 123rf.com Apple’s shares (Nasdaq: AAPL) dipped over 2.3% in premarket trading Tuesday after Barclays analysts downgraded the stock’s rating and slashed the price target to $160. The primary reason behind the bearish move was a gloomy sales outlook for iPhone and other Apple hardware. Barclays Trims Apple Stock Amid Lackluster iPhone Sales Analysts at Barclays, […]
