Factory orders were slightly positive year-over-year (not seasonally adjusted), the first plus sign in this category since October 2014. While that may seem like a positive or at least a step in the right direction, instead it just continues to suggest the a-historic trajectory of whatever economic condition this is. To be even with February…
Bulls continue to enjoy the benefit of greater gains paired with smaller losses. Today was no exception. The S&P holds to last week’s breakout with buying volume registering as accumulation as losses are returned on lighter volume. There is an upcoming ‘sell’ trigger in the MACD to watch and relative performance has moved away from…
Whatever the central bankers and economic policy makers are doing sure is not helping US workers earn bigger paychecks. The collapse in the growth rate of employee earnings attests not only to the pressure on the wages of existing jobholders, but also to the horseshit, lousy, low-pay jobs the economy is adding while everyone else’s weekly…
Barclays, BNP Paribas and a bunch of shorts are going to have to cover before the Doha Meeting. Expect the short squeeze to begin sometime this week. (Video length 00:06:43)
Global markets spent the day trading in narrow ranges with fractional changes from their Friday closes. Japan’s Nikkei slipped 0.25%, China’s Shanghai rose 0.17%, the Euro STOXX 50 rose 0.30%. US equities followed suit. Our benchmark S&P 500 traded in a narrow range from its 0.06% intraday high shortly after the open to its -0.49%…
WILMINGTON, Del., April 04, 2016 (GLOBE NEWSWIRE) — Navient (Nasdaq:NAVI), the nation’s leading loan management, servicing and asset recovery company, announced today that its board of directors approved a 2016 second quarter dividend of $0.16 per share on the company’s common stock. The second quarter 2016 dividend will be paid on June 17, 2016, to…
While continuing to tout an economic recovery that is being missed by far too many, the government and economists say one thing and then move toward the other. The unemployment rate claims one economic version that is talked about openly, but then there are “little things” that various official capacities seek to carry out suggesting…
“This elite-generated social control maintains the status quo because the status quo benefits and validates those who created and sit atop it. People rise to prominence when they parrot the orthodoxy rather than critically analyze it. Intellectual regurgitation is prized over independent thought. Voices of the dispossessed, different, and un(formally)educated are neglected regardless of their…
Paranoia is sweeping an entire generation, and it’s all about the fear of waking up broke in our 80s. (Spoiler Alert: I’m going to show you why it doesn’t have to be that way…) Most baby boomers are coming to the painful realization that retirement isn’t going to be about sleeping in late and crossing…
I am a little bit surprised the the market has shown no willingness to follow through on Friday’s rally off the the lows. So far today it has simply been a steady decrease in price across all the indices and stocks in general. In fact the decliners are holding a 3:1 advantage over the advancers,…
