ISM much better than feared but components mixed
June ISM at 55.3 was well above expectations of 52 and certainly better than the fears of a below 50 print. It’s up from 53.5 in...
10 Friday Morning Reads
Here’s what I am reading this morning: • Buy Bonds or Bye, Bonds? (WSJ) • Shilling: China Heading for a Hard Landing...
Stock Buybacks vs Insider Buying: 70:1 Ratio
“While insiders are willing to use corporate cash to try to support the value of their stock-based compensation, they don’t seem to...
It’s beginning to look a lot like? Choose your analog…
It’s the end of the first half and we’ve updated our Presidential Stock Cycle, Decennial, and 1991 analog charts. Click here,...