Nigeria’s Inflation Declines For Nine Consecutive Months
The continuous effort of the Federal Government of Nigeria to rein in consumer prices has started yielding results. The Consumer Price Index, which measures inflation rate rose 15.91 percent year-on-year in October, according to the National Bureau of Statistics (NBS) report released on Wednesday. This was lower than the 15.98 percent recorded in September and […]
The “Other” Side Of Asymmetry You Never Hear About
Everyone’s heard of “The Big Short”. We’ve Hollywood to thank for that, and thank them I will. After all, who didn’t love Margot Robbie explaining how it all worked? Even Mrs. Chris liked her. Of course, our heroes correctly bet against these smoking piles of isht mortgage-backed securities and now they all drive Porsches and eat […]
Large-Cap ETF (VLU) Hits New 52-Week High
For investors seeking momentum, SPDR S&P1500 Value Tilt ETF (VLU – Free Report) is probably on radar now. The fund just hit a 52-week high and is up about 14.2% from its 52-week low price of $85.23/share. But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook […]
Volatile Long-Range Weather Models Continue To Whipsaw Natural Gas
December natural gas prices went for a ride today, bouncing off resistance just below $3.16 and selling heavily into support below around the $3.05 level. We saw a bullish run of the American GFS operational guidance with a major medium-range cold shot help push prices into resistance, but when the model’s own ensemble members did […]
7 Low Price-To-Sales Stocks To Buy For A Strong Portfolio
Though Price-to-Earnings is the first thing to cross one’s mind while using valuation metrics, Price-to-Sales has emerged as a convenient tool to determine the value of stocks that are incurring losses or are in an early cycle of development, generating meager or no profits. While a loss-making company with a negative Price-to-Earnings ratio falls out […]
Household Debt And Credit Report: Up $116B In Q3, Another Peak
The latest household debt for Q3 2017 was up 0.9% from Q2 and currently at $12.96T and currently at its peak. Here is an excerpt from the latest press release: NEW YORK – The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit, which reported […]
Victoria’s Secret Parent L Brands (LB) Q3 Earnings In-Line, Comps Down 3%
L Brands Inc. (LB – Free Report) just released its third quarter fiscal 2017 earnings results, posting earnings of 30 cents per share and revenues of $2.6 billion. Currently, LB is a #3 (Hold) on the Zacks Rank, and is down 4.4% to $47.09 per share in trading shortly after its earnings report was released. […]
Can’t Hide From The CPI
On the vital matter of missing symmetry, consumer price indices across the world keep suggesting there remains none. Recoveries were called “V” shaped for a reason. Any economy knocked down would be as intense in getting back up, normal cyclical forces creating momentum for that to (only) happen. In the context of the past three years, […]
Foreigners Splurge On US Stocks: Buy Second-Most US Equities In 8 Years
Last week we reported that in October, a record month in which Japanese stocks saw just one losing day in the entire month, foreigners bought a record amount of Japanese equities. It wasn’t just Japan, however, where the international community was busy buying. According to the just released TIC data, foreigner accounts, both official and private, […]
