Baby Boomer Employment Across Time – Wednesday, Nov. 8
With the release of the September employment report, let’s review the status of the 20th century Baby Boom, which was one of the most powerful demographic events in the history of the United States. The chart below illustrates the 19-year surge in births following World War II that stretched from 1946 through 1964. The boom […]
How Much Is Too Much: Oil’s Upside Target
Crude oil’s price continues to soar in a sharp manner, but no asset can move in a straight line without periodic corrections so even if crude oil’s price was about to rally tens of dollars (which doesn’t appear so likely to be seen this year, but that is a discussion for a different day), one […]
Humana (HUM) Beats Q3 Earnings Estimates, Revenues Miss
Humana Inc.’s (HUM – Free Report) third-quarter 2017 operating earnings per share of $3.39 beat the Zacks Consensus Estimate by approximately 3.7%. The bottom line improved 6.6% year over year driven by lower share count. However, adjusted consolidated pretax income of $915 million declined 2% due to charges associated with voluntary and involuntary workforce reduction program and […]
It’s Late In The Market Cycle. Do You Know Where Your Portfolio Is?
In our most recent version of our Global Market Outlook, our strategist team points out again just how late we are in our current market cycle. U.S. equity markets, for example, have had steady growth since they bottomed out during the global financial crisis and look expensive by most metrics. And when it’s this late in […]
The Strange Behavior Of Gold Investors From Monday To Thursday
You are undoubtedly aware of one or another stock market anomaly, such as e.g. the frequent weakness in stock markets in the summer months, which the well-known saying “sell in May and go away” refers to. Apart from such widely known anomalies, there are many others though, which most investors have never heard of. These […]
The Most Active Equity Options And Strikes For Midday – Wednesday, Nov. 8
Top Tickers For Midday, November 8th: CBS, WMT, M, MBI, SNAP, APPL
U.S. Dollar Supported As NZD/USD Double Bottom Shows Ahead Of RBNZ
The quiet week in the FX market continues as the U.S. Dollar holds on to recent gains. One of the few items of excitement on this week’s docket is released later today when the RBNZ hosts a rate decision. But there are scant expectations for any moves as the surrounding context is dizzying in nature. This is going […]
U.S. Consumer Spending In September And Gold
U.S. consumer spending rose 1 percent in September. What does it mean for the gold market? Personal consumption expenditures increased 1 percent in September, following a 0.1 percent rise in August. The rise was strong and slightly above expectations. Actually, it was the biggest gain since 2009. Moreover, real spending increased as well (spending rose 0.6 […]
