The US Daily Cash Deficit for Wednesday 11/19/2014 was 9.2B bringing the November 2014 deficit to $62B and the 2014 YTD deficit to $609B. Click on picture to enlarge As expected revenues have pulled back to even as last year’s TARP revenue failed to come through this year….not a surprise. Outlays continue to slowly gain…
It’s been 2 years since Ethan Allen Interiors Inc. (ETH – Snapshot Report) was a Zacks Rank #1 (Strong Buy). The furniture retailer recently easily beat the Zacks Consensus in the fiscal first quarter and analysts have been raising full year estimates. Furniture is back! Ethan Allen is an upscale home furnishing retailer. It operates 300 design centers in…
You have to hand it to Big Tobacco. As an industry, it’s a survivor. It’s doing everything it can to reinvent itself in a world in which its core product—cigarettes—becomes more of a social pariah with every passing year. Let’s take a look at what Big Tobacco is up to and what it might mean…
It isn’t just our economy that is crumbling. Something is happening to America that no amount of money will be able to fix. Everywhere around us we can see evidence of the social decay that is systematically eating away at the foundations of our society. It can be found on the streets of our inner…
The monetary tectonic plates are shifting, and predicting the next global financial earthquake is relatively easy. I recently suggested that the devaluation of the yen was Japan’s Monetary Pearl Harbor: a direct attack on the currencies of its major trading partners: the euro (European Union), the won (South Korea), the Australian dollar (AUD) and the U.S….
The release of the most recent Federal Reserve minutes suggest that the U.S. central bank is keen on raising interest rates in 2015 and more, that the FOMC is relatively unconcerned about the greenback’s strength. As a consequence, the U.S. Dollar rose close to a fresh 7-year high against the Japanese Yen and FX traders…
by Basit Zafar and Wilbert van der Klaauw – Liberty Street Economics, Federal Reserve Bank of New York Today, we are releasing new data on consumers’ experiences and expectations regarding credit demand. We have been collecting these data every four months since mid-2013, as part of our Survey of Consumer Expectations (SCE). Other data sources describing consumer credit either…
I used Barchart to sort the Dow Industrial Index stocks by the highest Barchart technical buy signals. The 5 top stocks were: Boeing(NYSE:BA), Nike (NYSE:NKE), Nike (WMT), Intel (NASDAQ:INTC) and Coca-Cola (NYSE:KO): Boeing (BA) Barchart technical indicators: 100% Barchart technical buy signals Trend Spotter buy signal Above its 20, 50 and 100 day moving averages 6 new highs and up 6.05%…
Russia added another 600,000 oz to its reserves in October. Nothing to see here. Move along. Click on picture to enlarge
That way I could apply for my Guru card and that rarefied club might finally accept me! 2 Days ago NFTRH+ made a post on Intel (now public), referencing a daily chart pattern that had just formed, with a target of 40, which rather coolly was in confluence with the 40 +/- NFTRH+ target from June, when…
