When “Mother’s Milk” Runs Dry
For the third time in six months, US equity markets have exuberantly decoupled from earnings expectations thanks, in large part, to jawboning and coordination from Central Banks. With stocks near record highs despite the earnings “mother’s milk” expectations tumbling, one can’t help but wonder, as CNBC’s Bob Pisani did this morning, given the comments from Evans, Lockhart, and […]
National Retail Properties: A High Quality Income Stock For Retirees
Fewer than 100 of the more than 10,000 publicly-traded companies have increased annual dividends for at least 26 consecutive years. National Retail Properties (NNN) is one of them. Perhaps more impressively, National Retail’s average annual total return for the past 25 years has been 14.8%, significantly outpacing the market to provide meaningful value for shareholders. […]
Why I Quit My Job As A Financial Advisor
Our experiences shape us. We can agree on that, right? And as much as we’d like to think we learn from the mistakes of others, the truth is… most of us don’t. We learn “the hard way,” through our own personal trials and tribulations. Financially, the lessons we learn from the school of hard knocks […]
E Dangerous Predators Roam Europe’s Streets
With the twin attacks on Brussels. authorities admit they are and were woefully ill-prepared for the challenge the terrorists once again brought to the center of Western Europe’s very governance. Every side is acknowledging that despite almost all of the police detectives and intelligence apparatus chasing-down leads, including a capture of three key terrorists just […]
If There Were Truly Growth, Home Builders Would Be Very Busy
There is one part missing from the narrative sketched out in home resales being subjected to monetary imbalance. It is a compelling explanation for what we find as the most striking aspect of existing home sales, namely the curious lack of depth among sellers. It’s as if despite rising prices there is a seller strike where a […]
Wednesday Report… Baby Gold Bull Stillborn ?
Today felt like a short covering rally during the bear market years in the PM complex only in reverse. Days like today can make one think that the rally over the last two months is all she wrote for the new bull market.. Did the baby bull die at birth ? Maybe , but I’ll need to […]
EURUSD: Vulnerable But With Caution
EURUSD: Having EURUSD continued to retain its corrective tone, immediate risk remains lower. But beware of a move back higher in the direction of its short term uptrend. Support lies at the 1.1100 level. Further down, support lies at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here […]
Markets Face New Headwinds
After two weeks and more of furious rallies, markets now face old and new serious and diverse challenges. Stocks were hit today by lower earnings from Nike (NKE) and the prospect of weak earnings ahead commencing next month. A stronger dollar hit commodities, especially in energy markets. Crude oil inventories jumped to 9.4 million bbls […]
What Killed The Middle Class?
Everyone knows the middle class is fading fast. I’ve covered this issue in depth for years, for example: Honey, I Shrunk the Middle Class: Perhaps 1/3 of Households Qualify (December 28, 2015) and What Does It Take To Be Middle Class? (December 5, 2013) This raises an obvious question: what killed the middle class? While many commentators try to identify one […]
KB Home Tops Q1 Earnings And Revenue Estimates, Stock Rallies
KB Home (KBH – Analyst Report) released their first quarter fiscal 2016 earnings results, posting earnings of $0.14 per share and revenue of $678 million. Currently, KBH has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key takeaways form the just announced report […]
