GDPNow, Nowcast Near Convergence In 4th Quarter GDP Estimates
Following months of wide differences between GDP forecast models, the Atlanta Fed GDPNow and the New York Fed Nowcast models are in near convergence at 3.3% and 3.2% respectively. GDPNow Forecast: 3.3 Percent — November 9, 2017 The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 […]
Global Consumer Sentiment Update
The November readings of the Thomson Reuters/Ipsos Consumer Sentiment indexes revealed a picture of solid consumer confidence at a global level. The global GDP weighted reading was up +0.13pts to 57.76 with Developed Economies up +0.08pts to 54.04 and Emerging Markets up +0.17pts to 61.35. This follows on from a strong round of PMI data for October […]
My 5 Favorite Mid Cap Stocks
Today I wanted to find 5 Mid Cap Stocks that not only made great returns in the last year but still seemed to have some more upside momentum. I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the highest Weighted Alpha, then again for technical buy signals of 80% or more. Next […]
The World’s Fastest Growing Brands In 2017, By Value
In a modern business era of near-constant disruption, which brands are winning the hearts of consumers the fastest? Today’s charts look at the brands that are trending upwards. See below for the brands that have gained the most in brand value since last year, as assessed by BrandZ in their report on the world’s 100 most valuable […]
Hindenburg Omen Sighted As Stocks Suffer First Weekly Loss In 2 Months
Credit markets to stocks this week… Video length: 00:00:06 Before we start – let’s celebrate. As @BespokeInvest notes, we’re making history today: first 12 month period in the history of the S&P 500 without a 3% drawdown. The VIX is also the lowest on the record using a rolling 12 month average. All major indices ended […]
Dividends Attracting People To Energy Stocks
Crude Oil seems to be a lot stronger than it usually is this time of the year. People are now attracted to energy stocks. Video Length: 00:20:10
Macro Plan Still On Track For Stocks, Commodities & Gold
As I’ve been noting again, again, again, again, and again the macro backdrop is marching toward changes. I’d originally thought those changes would come about within the Q4 window and while that may still be the case, it can easily extend into the first half of 2018 based on new information and data points that have come in. One thing that […]
Natural Gas Continues Its Grind Higher Into The Weekend
Prompt month natural gas prices have now logged gains 7 days in a row, yet each of the last 4 days we have not seen a gain over a percent. Prices have continued this steady grind higher as we have continued adding GWDDs to our 15-day forecast, so the weather has continually been providing support. […]
