Experience Over Things: The Future Of The Consumer Economy
Does money buy happiness? And at what exchange rate? And how do I get the most happiness from a buck of money? Happiness research, based on surveys of life satisfaction, has addressed these issues, with implications for both personal behavior and the economic forecast. Happiness is measured by a variety of surveys asking people how […]
Case-Shiller Home Price Index January 2016 Unchanged
The non-seasonally adjusted Case-Shiller home price index (20 cities) year-over-year rate of home price growth was unchanged from last month’s 5.7%. The authors of the index say “While rising home prices are certainly a factor deterring home purchases, individual financial positions are more important than local housing market conditions” 20 city unadjusted home price rate of growth accelerated 0.0 […]
The BLS’ Inflation Figures Seem Far Removed From Reality…
Recently the Bureau of Labor Statistics (BLS) released inflation figures for February. Being a statistics geek, I immediately went to the source data and combed through the figures. As I looked through the numbers, from the single reading of the Consumer Price Index (CPI), all the way through the individual price changes, I found myself wondering […]
McCormick Beats Q1 Earnings & Revenue On Acquisition
McCormick & Co.(MKC – Analyst Report) is a global leader in spices, seasonings, specialty foods and flavors. The company has a strong brand portfolio and owns more than 250 brands that are sold in the U.S. and in international markets. McCormick’s strong portfolio and leading brands are consistently helping it to achieve strong growth. McCormick has been […]
Hawkish Or Dovish? Fed Chair Janet Yellen Speech In Focus
Image via International Monetary Fund / Flickr Today’s Economic events Japan Household Spending y/y 1.20% vs. -1.80% Japan Unemployment Rate 3.30% v. 3.20% Japan retail sales y/y 0.50% vs. 1.60% Eurozone M3 money supply y/y 5.0% vs. 5.0% Eurozone private loans y/y 1.60% vs. 1.40% BoE releases FPC statement Canada RMPI m/m -2.60% vs. -0.80% […]
WTI Crude Tumbles Into ‘Correction’ To 2-Week Lows
The greatest short-squeeze on record is over and now the great global oil glut in history, largest inventories since The Great Depression, and global growth demand collapsing fundamentals are being priced back in. WTI Crude is now down 10% from its highs a week ago, back to near 2-week lows and near a $37 handle. Can […]
ADP Employment Report: March 2016 Preview
Private nonfarm payrolls in the US are projected to increase by 178,000 (seasonally adjusted) in March over the previous month in tomorrow’s update of the ADP Employment Report, based on The Capital Spectator’s average point forecast for several econometric estimates. The average projection reflects a moderately lesser increase vs. February’s gain. The Capital Spectator’s average […]
Yen Pressured By Japanese Government
Even as the Dollar is finding some support from the Federal Reserve, the Japanese Yen has been underperforming on speculation of yet another move from the Japanese government. According to analysts, the Yen is currently under somewhat heavy pressure as a result of possibly impending fiscal and monetary policy actions. Shinzo Abe, the Japanese Prime […]
SunEdison, Inc. Tanks On News Of SEC Probe, Problems At TerraForm
TerraForm Global and SunEdison, Inc. are in trouble and the news does not sound good. Terraform filed a warning that it plans to delay reporting its 10k due to weakness related to Sunedison. SunEdison. As we quipped yesterday after “The Rockefeller Brothers Fund” made a fake bid for SunEdison and later WSJ reported that the company was […]
