What Manufacturing Productivity Suggests About ‘Dollars’ And Stagnation
In a report released last week, the Bureau of Labor Statistics (BLS) found that Multi-Factor Productivity rose in only 21 of the 86 categories of the manufacturing industry in 2015. Unlike labor productivity which is more easily calculated, Multi-Factor Productivity measures attempt to take account of all business inputs (including labor). Capitalism is by its nature the […]
Tuesday In Charts: ‘Remember To What You Owe Your Good Fortunes’
So first, this (summarized in two handy bullet points via Bloomberg): Vice President Mike Pence breaks a 50-50 tie in the U.S. Senate to allow debate to begin on legislation to repeal Obamacare. Senate votes 51-50 to agree to a motion to proceed to health- care legislation that was passed by the House, H.R. 1628, […]
Bullish Signals Keep On Coming In Gold
USD/JPY 30 min 4 Hours Daily My Bias: LONGWave Structure: rally in wave [C]Long term wave count: wave [C] is underway, upside to above 136.00Important risk events: JPY: n/a. USD: New Home Sales, Crude Oil Inventories, FOMC Statement, Federal Funds Rate. The short term action in USDJPY was very encouraging today. The price continued to rise […]
Domino’s Pizza, Inc. Q2 Results Reveal Strong Growth In Same Store Sales, Global Store Counts And Earnings Per Share
Domino’s Pizza, Inc. (NYSE:DPZ), the recognized world leader in pizza delivery, today announced results for the second quarter of 2017, comprised of strong growth in same store sales, global store counts and earnings per share. Second Quarter Highlights: Global retail sales: $2.7 billion, with over $1.3 billion in the U.S. and nearly $1.4 billion internationally. […]
Reversing The “Portfolio Balance Channel”
Today I want to write about something that’s been bothering me a bit recently. It’s about the Fed’s impending decision to start drawing down its balance sheet over some number of years (whether or not we have an announcement about that at tomorrow’s meeting, it seems likely that “balance sheet reduction” is on tap for […]
Advanced Micro Beats On Top Line
(Video length 00:00:52) CNBC’s Leslie Picker reports on the quarterly earnings report for AMD.
Money Is Money, Wherever It Comes From
One of the crucial things to understand about today’s world is that money is fungible. Whether it’s created in Japan, Europe, China or the US, once it’s tossed by a central bank into one or another part of the global economy, it eventually finds its way to a common pool of liquidity. So the modest […]
Chipotle Mexican Grill, Inc. Q2 F2017, AT&T Inc. Q2 F2017 Earnings Reported
Chipotle Mexican Grill (CMG) Q2 F2017 earnings and AT&T (T) Q2 F2017 earnings were released after closing bell tonight. Chipotle reported earnings of $2.32 per share on $1.17 billion in revenue. The fast casual dining chain reported $998.4 million in revenue and 87 cents per share in earnings in last year’s second quarter. AT&T posted […]
Four Hot Stocks To Watch
Ford Motor Co. (F): Consumer Discretionary – Automobiles | Reports July 26th, BMO. The Estimize consensus calls for EPS of $.45, one cent higher than the Wall Street consensus and a decrease of 15% YoY. Currently, the Estimize community is looking for sales of $38.09B, which is slightly higher than the Street’s, $37.9B. Last quarter […]
3 Back To School Stocks For Your Portfolio
This time of year, parents and students alike are gearing up for back to school. As back to school spending has soared over the years, many states are taking notice. They want as big of the piece of the pie as possible so they enacted tax-free shopping days to entice consumers to spend. As an investor, you […]
