The Average Age Of Cars Keeps Rising But People Can’t Afford Maintenance
Average Age of Cars Keeps RisingThe Wall Street Journal reports Americans’ Cars Keep Getting Older—and Creakier There have never been as many on the road—around 290 million light vehicles—and they have never been so old. One reason for that is good news: They are better made. Getting the odometer past 100,000 miles has gone from being […]
How Does A Recession Actually Start?
Image Source: Pexels Recessions are a process and what past episodes all have in common is one key ingredient. Rather, one element that comes up missing every time. This critical factor doesn’t just end up being the difference between downturn and full-blown contraction, it also turns a recession into a depression. And we’ve got the data […]
Business Cycle Indicators – Employment For November 2024
Here are some key indicators followed by NBER’s BCDC, including employment for November (227K vs. 202K consensus, 194K vs. 160K consensus, for NFP, and private NFP respectively). Figure 1: Nonfarm Payroll (NFP) employment from CES (blue), implied NFP from preliminary benchmark (bold blue), civilian employment (orange), industrial production (red), personal income excluding current transfers in Ch.2017$ […]
3 High-Risk High-Reward Stocks To Buy For 2025
Image courtesy of 123rf.com These stocks gave investors ample gains throughout the year depending on particular market entry and exit points. Now that they are relatively suppressed, is it time to plunge? Even the highly-performing MicroStrategy stock could still be viewed as a major profit-maker, provided that they make strategic moves on time. Stratasys, Ltd. (Nasdaq: […]
The 10 Stocks Up More Than Bitcoin
As you can see in the chart below, bitcoin’s move up towards $100k leaves the cryptocurrency up 1,219% over the last five years: We looked at stocks in the Russell 3,000 to see how many have done even better than bitcoin over the last five years. Of the stocks in the index with market caps of more […]
Russell 2000 Earnings Dashboard 24Q3 – Friday, Dec. 6
Russell 2000 Aggregate Estimates and Revisions The 24Q3 Y/Y blended earnings growth estimate is 25.5%. If the energy sector is excluded, the growth rate for the index is 57.3%. Of the 1,774 companies in the Russell 2000 that have reported earnings to date for 24Q3, 55.7% reported above analyst expectations. The 24Q3 Y/Y blended revenue growth estimate is 0.9%. If the energy sector is excluded, the growth rate for the index […]
Global Gold ETF Holdings Dipped Even As North American Funds Saw Inflows
The presidential election brought us the “Trump shock” and a healthy correction in the gold market. We saw this reflected in gold flows out of ETFs globally for the first time since April.While gold continued to flow into North American-based funds, all of the other regions charted outflows, with net global ETF gold holdings dropping by 29 […]
Gold’s Monster Upleg Well
Gold’s monster upleg remains alive and well, after weathering a sharp post-election selloff. One had certainly been due, as gold had just surged to extremely-overbought levels. The resulting pullback was big and fast, doing much essential rebalancing work. Gold’s resilience defying some bearish headwinds is a bullish omen. Despite its massive size, this monster upleg […]
FTSE Fails Again AT 8400 Resistance
Image Source: Pexels The FTSE 100, the UK’s main stock index, fell on Friday, weighed down by declines in defense and utility shares, while Direct Line surged following Aviva’s decision to acquire the insurer. The blue-chip index was down 0.4% heading into the close. Halifax reported that the UK property market picked up pace in November, […]
Lululemon Stock Is Unlikely To Find Its Mojo Again In 2025
Image source: Pixabay Lululemon Athletica Inc (Nasdaq: LULU) is not very likely to command a higher multiple until it manages to lift its US sales, as per Anna Andreeva of Piper Sandler.The athletic apparel retailer topped estimates but its domestic business remained a laggard in its third financial quarter.“Historically, the number one driver of LULU’s multiple […]
