Posts filed under “Markets”

Succinct Summation of Week’s Events 11.28.14

Succinct Summations week ending November 28th

Positives:

1. Stocks keep chugging: Dow made a new all-time high for 5th straight week, S&P 500 for the 4th straight week.
2. Durable goods orders rose 0.4% m/o/m, vs expectations of a 0.6% decline.
3. Q3 GDP came in at 3.9%, better than the 3.3% expected.
4. Crude Oil falls as much as 11.7% this week as OPEC stands pat.
5. New home sales gained 0.7% m/o/m, up from 0.4% In September.
6. Case-Shiller composite gained 0.34% m/o/m, up from 0.12% in the prior month and slightly better than expectations.
7. U of Mich consumer sentiment came in at 88.8, its highest reading since July 2007.
8. Chicago PMI came in at 60.8, still strong but slightly below expectations.

Negatives:

1. Deflationary themes persist as global yields continue to drop; the French 10-year fell below 1% for the first time ever.
2. Personal income rose 0.2% m/o/m, below expectations for a 0.4% rise.
3. Core capital goods dropped 0.4% m/o/m, vs expectations of a 0.5% increase.
4. Initial jobless claims rose to 313k, up from 292k and more than the 288k expected.
5. Pending home sales fell 1.1% m/o/m, well below the 0.5% expected fain.

 

Thanks, Batman

 

 

Category: Markets

Insights From The Most Successful Investors In History

  “If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.” -George Soros Source: Winning Investment Habits Of Warren Buffet And George Soros “Smart investing doesn’t consist of buying good assets, but of buying assets well. This is a very, very important distinction that very, very few…Read More

Category: Markets

Economics Indicators Dashboard

Here’s the monthly update from Russell:   click for interactive graphic Source: Russell Investments

Category: Consumer Spending, Data Analysis, Economy, Employment, Fixed Income/Interest Rates, Inflation, Markets

“The Karl Marx Credit Card – When You’re Short of Kapital”

Tis the season, presented without comment: Source: Climateer Investing   See also Suggested Taglines for the Karl Marx Credit Card : • There are Some Things Money Can’t Buy. Especially If You Abolish All Private Property. • From each according to their ability, to each according to his need. For everything else, there’s #Marxcard. •…Read More

Category: Markets

Fed Policy and Stock Outlook

Fascinating stuff here: The Easy Money’s Been Made: Fed Policy and Stock Outlook Source: Bloomberg Chart of the Day

Category: Federal Reserve, Fixed Income/Interest Rates, Markets

Succinct Summations of Weeks Events 11.21.14

Succinct Summations week ending November 21st: Positives: 1. The Philly fed came in at 40.8, vs expectations of 20.7. This was the best reading since 1993! 2. The S&P 500 and Dow Jones both made new all-time highs, the third consecutive week both did so. 3. Headline CPI was flat m/o/m and is up 1.7%…Read More

Category: Markets

Winner Take All in Asset Management

As a follow up to this morning’s article on global AUM, have a gander at this interesting league table from BGC:   Source: Boston Consulting Group    

Category: Markets

Stocks Headed Higher

Stocks Headed Higher David R. Kotok November 17, 2014     We open this commentary with a link to the October 31 policy statement of the Government Pension Investment Fund of Japan. Any serious investor who has not read it is invited to go to this link right now. Simply put, one of the G4…Read More

Category: Investing, Markets, Think Tank

What if . . . ?

Source: The Telegraph

Category: Markets

Succinct Summations of Week Events 11.14.14

Succinct Summations week ending November 14th Positives: 1. The average price of gasoline is down thirty cents y/o/y and is at the lowest levels in 4 years. 2. Retail sales rose 0.3% after falling 0.3% in September. Ex-gas and autos, sales were up 0.6%. 3. People are quitting their jobs at the fastest rate since…Read More

Category: Markets