Why Money Velocity Is At Its Lowest Level Since 1959?
In simple terms, money velocity is the number of times one dollar is spent to buy goods and services per unit of time. Therefore, if the money velocity is increasing, more transactions are occurring between individuals in an economy and vice versa. Considering the purpose it serves, money velocity is a good indicator of real […]
Can Starboard Value Continue To Propel Darden’s Earnings?
Photo Credit: Mike Mozart Darden Restaurants, Inc. (DRI) Consumer Discretionary – Hotels, Restaurants & Leisure | Reports April 5, Before Market Opens Key Takeaways The Estimize community is looking for EPS of $1.18 and revenue of $1.83 billion, 2 cents lower than Wall Street on the bottom-line, and $9 million less on the top Darden’s affiliation with […]
Weekly Market Outlook – Melt-Up Is Possible
As it turns out, the bulls weren’t done buying stocks after all. The lull from a couple weeks ago was just that…a lull, which turned out to be temporary. Last week’s 1.8% gain for the S&P 500 (SPX) (SPY) rekindled the rally that began in early February. We’ve now logged gains in six of the past seven […]
Japanese Traders Are Getting Angry: “The BOJ Is Destroying The Functioning Of The Market”
Back in the summer of 2014, when the ECB first unveiled NIRP, many were concerned that this submersion into the monetary policy twilight zone would first crush Europe’s money markets. However, at least until now, European MM funds have proven relatively resilient, The story in Japan is different. When the Bank of Japan announced they […]
Belated Payrolls/ISM Thoughts
Last week when I was not doing my own market positioning or writing subscriber updates, I was bringing Biiwii back to life, so on Friday I skipped the entirety of the Payrolls hype and never got to ISM either. So here’s a post. From BLS, a breakdown by industry of the +215,000 Payrolls data. No change here from […]
March 2016 Conference Board Employment Index Again Declined
The Conference Board’s Employment Trends Index – which forecasts employment for the next 6 months declined suggesting “with GDP barely growing at a two percent rate, it’s difficult to see how employment can continue to expand by 200,000 or more jobs per month.” Consider that this projected growth is six months from now. Econintersect is forecasting […]
Five Tech Stocks That Crushed The Market In March 2016
The year 2016 started off with some of the most volatile trading in recent times. Slowdown in the Chinese economy coupled with sliding oil prices set off alarm bells every now and then at all the major domestic indexes, fueling concerns of a global economic slowdown. “March” to the Rescue However, things started improving in […]
Three Snowstorms To Hit Northeast – Heating Oil Prices To Spike
Winter is blasting the Northeast in April. Three snowstorms back to back to hit the Northeast, it appears winter is lasting longer than usual for this part of the country. Natural gas futures have spiked, HO Futures haven`t moved much yet. Video length: 00:02:33
Oil Prices Fall Again On Doubts Over Output Limits
Crude oil prices fell again below $40 per barrel following comments by Saudi Arabia’s officials that it would only limit production if other leading oil manufacturers would agree to do the same. Even though the statement by the deputy crown prince Mohammed bin Salman referred to the entire group of the world’s largest oil producers, […]
