China’s March PMI Data Injects Some Optimism
Apr 01, 2016Jeremy Parkinson0
China’s manufacturing and non-manufacturing PMI data for January and February 2016 indicated freefall in economic activity and global financial markets were under stress at the beginning of the year. However, PMI data for March 2016 serves as a breather for policymakers and investors globally. While several concerns sustain for China’s economy (swelling debt and potential banking […]
February 2016 Construction Spending Growth Rate Declined?
Apr 01, 2016Jeremy Parkinson0
The headlines say construction spending declined – and below expectations. The backward revisions make this series very wacky – but the rolling averages again improved. Econintersect analysis: Growth acceleration 0.3 % month-over-month and Up 11.4 % year-over-year. Inflation adjusted construction spending up 10.4 % year-over-year. 3 month rolling average is 10.5 % above the rolling average one year ago, and up 0.6 % month-over-month. […]
Are These ETFs Making You An April Fool?
Apr 01, 2016Jeremy Parkinson0
Though the stock market has made an impressive comeback from the worst nightmare it saw at the start of the year, bouts of volatility and uncertainty persist. Investors should not be fooled by the false spike or fall in stock prices. This is especially true, as many ETFs that have been performing well over the […]
Deutsche Bank Downgrades Airlines On Corporate Travel Worries
Apr 01, 2016Jeremy Parkinson0
The shares of a number of airlines are falling after Deutsche Bank downgraded several names in the sector. Lower corporate profits could lead to reduced air travel, the firm warned. WHAT’S NEW: Deutsche Bank analyst Michael Linenberg downgraded the firm’s ratings on the following airline stocks to Hold from Buy: American Airlines (AAL), Delta Air […]
The Important Bullet Points That Investors Should Be Focusing On In The Oil Market
Apr 01, 2016Jeremy Parkinson0
The Oil Market focuses on some rather silly stuff at times, and the Production Freeze notion, is one such misdirection play. I would rather Bloomberg provide some market insight given their vast resources by reporting on how much Oil Iran is actually able to bring to market versus the rhetoric. (Video length 00:04:20)
Payrolls As Statistics
Apr 01, 2016Jeremy Parkinson0
According to Challenger, Gray & Christmas, layoffs in the US were up 32% in March 2016 over March 2015. Compared to both January and February this year, March was somewhat better but overall for Q1 published layoffs were also 32% more on a year-over-year basis. It wasn’t a very good quarter. Some of that is […]
April 1st Binary Options Asset Focus
Apr 01, 2016Jeremy Parkinson0
During the day on Friday, we get the Nonfarm Payroll Numbers coming out of America, so without a doubt that will be the most important thing that goes on during the day for the majority of traders, and the biggest mover of markets in general. Because of this, the market should continue to be fairly […]
ACAS Repurchases 8.8% Of Shares In Q1
Apr 01, 2016Jeremy Parkinson0
Paul Singer is now heavily involved here and the company is shopping itself and its assets around. Given the timing of everything, it seems something will be announced late spring… ACAS: BETHESDA, Md., April 1, 2016 /PRNewswire/ — American Capital, Ltd. (Nasdaq: ACAS) (“American Capital” or the “Company”) announced today that in the first quarter of […]
Ten Big Dividend Investments Worth Considering – Part 1
Apr 01, 2016Jeremy Parkinson0
It continues to be challenging for income-seeking investors to find satisfying yields as central banks around the world keep interest rates abnormally low. For your consideration, we’ve listed (below) ten publicly traded investments that offer big yields, and the potential for significant price appreciation. The list includes common stocks, preferred stocks, Real Estate Investment Trusts […]
GBP/USD Lower After Soft Markit/CIPS Manufacturing PMI
Apr 01, 2016Jeremy Parkinson0
The British Pound traded lower versus other major currencies (at the time this report was written) after today’s Markit/CIPS Manufacturing PMI showed manufacturing growth rose slightly. The manufacturing diffusion index, by Markit Economics, rose to 51.0 from the prior reading of 50.8. The number was below economists’ expectations of 51.2, and marked the third consecutive month for manufacturing job […]