This post is a review of all major leading indicators follows – and their trends are generally indicating stronger growth. Analyst Opinion of the Leading Indicator Forecasts Most of the leading indicators are based on factors which are known to have significant backward revisions – and one cannot take any of their trends to the bank. […]

According to Morgan Stanley Wealth Management, it is too late to buy junk bonds in this market cycle, which is why one of the otherwise most bullish banks is cutting its high-yield bond holdings to zero, Mike Wilson, the CIO of Morgan Stanley Wealth writes in his 2018 outlook. While tax cuts are expected to […]

Business activities in Africa’s largest economy expanded for the ninth consecutive month in December, according to the Central Bank of Nigeria report released for the month. The manufacturing Purchasing Managers’ Index expanded by 59.3 in December, better than the 55.9 recorded in November. Fifteen of the sixteen subsectors surveyed recorded growth in the following order: petroleum […]

Falling between the Christmas and New Year’s holidays, not much of newsworthy note happened for the S&P 500 during the fourth week of December 2017 and the final week of that year. Consequently, the S&P 500 mostly moved sideways during Week 4 of December 2017 before dipping by 0.5% to close at 2,673.61 on Friday, […]

Gold prices had an excellent session on Wednesday, as gains moved towards the resistance level at $1321 an ounce, the highest level in 3 months. After the release of the minutes of last Federal Reserve meeting, the gold prices crashed towards $1306 an ounce at the start of Thursday’s trading. the Federal Reserve maintained the […]