Recently the Bureau of Labor Statistics (BLS) released inflation figures for February. Being a statistics geek, I immediately went to the source data and combed through the figures. As I looked through the numbers, from the single reading of the Consumer Price Index (CPI), all the way through the individual price changes, I found myself wondering…
McCormick & Co.(MKC – Analyst Report) is a global leader in spices, seasonings, specialty foods and flavors. The company has a strong brand portfolio and owns more than 250 brands that are sold in the U.S. and in international markets. McCormick’s strong portfolio and leading brands are consistently helping it to achieve strong growth. McCormick has been…
Image via International Monetary Fund / Flickr Today’s Economic events Japan Household Spending y/y 1.20% vs. -1.80% Japan Unemployment Rate 3.30% v. 3.20% Japan retail sales y/y 0.50% vs. 1.60% Eurozone M3 money supply y/y 5.0% vs. 5.0% Eurozone private loans y/y 1.60% vs. 1.40% BoE releases FPC statement Canada RMPI m/m -2.60% vs. -0.80%…
The greatest short-squeeze on record is over and now the great global oil glut in history, largest inventories since The Great Depression, and global growth demand collapsing fundamentals are being priced back in. WTI Crude is now down 10% from its highs a week ago, back to near 2-week lows and near a $37 handle. Can…
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Private nonfarm payrolls in the US are projected to increase by 178,000 (seasonally adjusted) in March over the previous month in tomorrow’s update of the ADP Employment Report, based on The Capital Spectator’s average point forecast for several econometric estimates. The average projection reflects a moderately lesser increase vs. February’s gain. The Capital Spectator’s average…
Even as the Dollar is finding some support from the Federal Reserve, the Japanese Yen has been underperforming on speculation of yet another move from the Japanese government. According to analysts, the Yen is currently under somewhat heavy pressure as a result of possibly impending fiscal and monetary policy actions. Shinzo Abe, the Japanese Prime…
TerraForm Global and SunEdison, Inc. are in trouble and the news does not sound good. Terraform filed a warning that it plans to delay reporting its 10k due to weakness related to Sunedison. SunEdison. As we quipped yesterday after “The Rockefeller Brothers Fund” made a fake bid for SunEdison and later WSJ reported that the company was…
Need to know Another short week, though one with several important releases including Non-Farm Payrolls and a Janet Yellen speech. Coming up On Tuesday 29 March we have German unemployment data for March. German unemployment remains significantly below the Eurozone average,but reductions have slowed somewhat over the last year with reads of 6.2% in January…
I assume everyone sees the topping pattern on the S&P 500. It is the Dome (AKA Dunce Cap) we have been following since mid-2015. The most bullish thing about this chart is that it is and has been so obviously bearish. Add in the fact that this bounce has been every bit as strong as…
