Succinct Summation of Week’s Events for 4.6.18
Succinct Summations for the week ending April 6th, 2018 Positives: 1. All things considered, it could have been much worse. 2. Same store...
Succinct Summation of Week’s Events for 3.30.18
Succinct Summations for the week ending March 30th, 2018 Positives: 1. Wages and salaries gained 0.5%; Personal income rose 0.4% m/o/m,...
Household Net Worth is Down, except for Top 10%
Despite all-time highs in stock and home prices, household net worth is down — except for the Top 10% Source: Deutsche Bank...
Succinct Summation of Week’s Events 3.23.18
Succinct Summations for the week ending March 23rd, 2018 Positives: 1. Existing home sales rose 3% m/o/m to a 5.54m annualized rate; 2....
Random thoughts for a sleep deprived Friday
Powell’s Trial by Fire and Other Friday Musings Tying up some loose ends from a busy week. Bloomberg, March 23, 2018 ...
Succinct Summations of the Week’s Events 3.16.18
Succinct Summations for the week ending March 16th, 2018 Positives: 1. Jobless claims fell by 4k w/o/w, down from 230k to 226k. 2. Home...
Succinct Summation of the Week’s Events for 3.9.18
Succinct Summations for the week ending March 9th, 2018: Positives: 1. S&P 500, Dow and NASDAQ 100 all gain more than 3% on week;...
Bull Markets Can’t Start Until Bear Markets End
Pick Another Day to Celebrate the Bull Market’s Birthday Yes, the lows were on this day in March 2009. But the next...
When Bear Markets End
click for ginormous chart Source: RWM, Bloomberg There are many reasons why I believe you should not date bull markets from...
Succinct Summations of Week’s Events for 3.2.18
Succinct Summations for the week ending March 2nd, 2018 Positives: 1. Jobless claims fell to 210K, the lowest reading in 49 years. 2....