The final Q4 GDP revision ended up showing 2.9% growth which was up 0.4% from the prior revision. The consumer was at the heart of the growth as consumer spending grew 4% which was up from the prior report which showed 3.8% growth. The non-durable spending growth was increased from 4.3% to 4.8%. The durable spending was…
CoreLogic’s Home Price Index (HPI) shows that home prices in the USA are up 6.7 % year-over-year (reported up 1.0 % month-over-month). CoreLogic HPI is used in the Federal Reserves’ Flow of Funds to calculate the values of residential real estate. Analyst Opinion of CoreLogic’s HPI CoreLogic year-over-year rate of growth has been steady for…
The re-emergence of trade war fears has sent tremors across the Wall Street. This is because China has targeted about $3 billion in American exports in retaliation against Donald Trump’s tariff on steel and aluminum import. The second-largest country has slapped a duty on 128 American food products effective Apr 2. Of these, 120 products,…
Today we have an exotic annual report to cover and lots of news after the snow has been cleared or melted here. The goods range from China to India, from Mexico to Sweden, from Qatar to Israel, from Myanmar to Japan, from Switzerland to Britain, plus lots of points in between. China At Work *Reporting…
The are few snarkier defenders of the current rotten financial status quo than Ben White of Politico’s Money Morning. So it’s not surprising that he is out this AM with the latest Trumb-o-phobe meme from Swamp Dweller’s Central. To wit, the renewed stock market swoon is purportedly all the Donald’s fault owing to his unhinged tweetstorms, protectionist trade initiatives and attacks on the casino’s sacred cow…
iStock.com/jmiksjmiks Soaring LIBOR Foretells Financial Crisis: Investors Beware This statement may sound very bold, but it’s worth making: we could be on the cusp of another financial crisis. If this is actually the case, investors need to be extra vigilant. We could see massive declines in asset prices across the board. Why could there be…
Stocks rally off breach of 200 day MA. Volume was on the light side comparatively.
Kraft Heinz Co (Nasdaq: KHC) beat the Consumer Staples sector by 6.4% as it relates to ROE, producing a healthy 17.8% compared to the sector’s 11.3%. But what is more interesting is whether Kraft will continue to achieve above average returns moving forward. The DuPont analysis is a useful tool that may help us determine this….
Trump is stepping up his attack on China. Us consumers and businesses will pay the price. In his effort to “win” a trade war Trump Announces Tariffs on $50 Billion of China Imports. The Trump administration detailed plans for steep tariffs it will impose on some $50 billion of imports from China unless it makes…
Trump is stepping up his attack on China. Us consumers and businesses will pay the price. In his effort to “win” a trade war Trump Announces Tariffs on $50 Billion of China Imports. The Trump administration detailed plans for steep tariffs it will impose on some $50 billion of imports from China unless it makes…
