Malaysia’s consumer price index increased 3.4% year over year in November compared with 3.4% in October. The inflation reading was in line with expectations, per a Reuters poll. On a year-over-year basis, core inflation, which excludes prices of volatile items such as fresh food and energy, increased 2.2% in November. Economic Scenario The surge in consumer…
Every New York stock exchange trading day I post a daily dividend stock review. I’ll share the two chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. Today’s slot in the Safari portfolio is reserved for the energy sector. That…
New home sales rose a whopping 17.5%, the strongest gain since 1992 and the most homes sold in one month since 2007. September was a great month but all of October’s gains were revised away, and then some. October’s 6.2% Gain, Now a Loss The reported 6.2% gain turns out to be a revised…
While US investors seem to be bullish on the outlook for equities, it seems European equity managers are more cautious on the outlook for stocks in the year ahead. Earlier this week, Bank of America issued its weekly client flow trends report, which showed that private clients purchased a net $1.3 billion of stocks last week with ETF…
First thing this morning, we documented the drama unfolding across the cryptoverse where virtually everything is in free fall. Specifically, Bitcoin had fallen some 30% from the highs hit last weekend ahead of the CME futures launch and is on pace for its worst week since 2013, while bitcoin cash, ethereum, and litecoin are all under extreme…
Earlier today the Census Bureau posted the Advance Report on the latest Durable Goods New Orders. This series dates from 1992 and is not adjusted for either population growth or inflation. Let’s now review Durable Goods data with two adjustments. In the charts below the gray line shows the goods orders divided by the Census Bureau’s monthly…
The Bitcoin Crash has finally taken place as the king of cryptocurrencies plunged a staggering 45% from its record high in just five days. On December 17th, Bitcoin reached a peak of $19,800 but fell to a low of 10,887 in early market trading today. However, the Bitcoin price has recovered from its lows and…
“Gold is the best hedge against inflation.” – Pundit There’s not a week that goes by where we don’t hear one pundit or another promoting Gold as a valiant protector against inflation… Inflation is coming, we are told, and when it does you better own Gold. Sounds wonderful in theory, but what does the evidence…
Despite economic recovery and the surged in business activities in recent months, Nigeria’s unemployment rate increased in the third quarter as the economy failed to create enough jobs to support growing labour force. The unemployment rate rose from 14.4 percent in the final quarter of 2016 to 16.2 percent in the second quarter of 2017, when…
ECRI’s WLI Growth Index which forecasts economic growth six months forward remains in expansion. This is compared to RecessionAlerts similar weekly leading index. ECRI also released their coincident and lagging indices this week. Sorry for the delay in publishing this post – but the internet sucks on Princess Cruises (as they use most of the…
