Among the most interesting of the long-term economic indicators I track is the Census Bureau’s annual data on the mean (average) household income received by each fifth (quintile) and top 5 percent. See my latest update here. A conspicuous pattern in the series is the widening of the spread in income growth that started during the…
Among the most interesting of the long-term economic indicators I track is the Census Bureau’s annual data on the mean (average) household income received by each fifth (quintile) and top 5 percent. See my latest update here. A conspicuous pattern in the series is the widening of the spread in income growth that started during the…
In a healthy stock market situation you would like to see stocks hitting new highs with leading stocks powering the way. However this is not the situation. More so we have 7 distribution days weighing heavy on the stock market. The leading stocks are not providing any substantial returns. This can be inferred either as…
by Rick Ackerman In the past, Rick’s Picks has shunned year-end predictions because there are far too many variables to handicap accurately. I’ve decided to take a crack at it anyway this year because I was curious to see what conclusions purely technical analysis would yield for some widely followed issues. I’m no seer, just a chartist,…
The American people are feeling really good right about now. For example, Gallup’s economic confidence index has hit the highest level that we have seen since the last recession. In addition, nearly half of all Americans believe that 2015 will be a better year than 2014 was, and only about 10 percent believe that it will be a worse…
The freight railroad industry, like other industries, faces certain external and internal challenges. In addition to being an extremely mature industry, railroads are capital intensive, requiring operators to always have access to capital markets. Further, the cyclical nature of business makes it susceptible to macroeconomic changes and hurts growth during economic downturns. Below, we discuss…
The wearable market has just begun to heat up, with major players, as expected, being Apple and Google. Google is behind Android Wear, the wearable operating system used in devices like the Moto 360. Apple, however, has developed an operating system specifically for its upcoming smart watch, the Apple Watch. One thing that both Apple…
Here on A Dash, we do our best to steer individual investors away from politically motivated agendas and misleading analysis. An important part of this is being able to recognize colleagues and friends who do outstanding work to expose myths and rumors in the financial media of all kinds. We congratulate these writers with the Silver Bullet…
It’s time again for my weekly gasoline update based on data from the Energy Information Administration(EIA). Rounded to the penny Regular and Premium both dropped 10 cents. Regular is at its lowest price since May 2009. According to GasBuddy.com, Hawaii has the highest average price at $3.51. The highest continental average price is in New York at…
It appears, despite all the promises, all the lies, and all the constant propaganda, that foreign investors have finally seen right through Shinzo Abe’s risible plan to revive the Japanese economy by crashing its currency (just like Russia?). As Bloomberg reports, after pumping record amounts of cash into Japanese shares last year, they’ve hardly added to holdings in 2014. Inflows…
