Let’s take a close look at the latest employment report numbers on Full and Part-Time Employment. Buried near the bottom of Table A-9 of the government’s Employment Situation Summary are the numbers for Full- and Part-Time Workers, with 35-or-more hours as the arbitrary divide between the two categories. The source is the monthly Current Population Survey (CPS)…
Not too long ago the overwhelming consensus from the perennial Wall Street Carnival Barkers was that investors were enjoying a global growth renaissance that would last for as far as the eye can see. Unfortunately, it didn’t take much time to de-bunk that fairy tale. After a lackluster start to 2018, the market’s expectations for…
My Swing Trading Approach I’m taking as much from the market as it is willing to give. Meaning, I am not overly committing to the long side, but if there are opportunities to take advantage of, I am going to take them, while raising stops to protect existing profits. With recent market choppiness, I want…
According to a recent market report, the global visual analytics market is expected to grow at a CAGR of 22% to reach $7.7 billion in 2023. Data analytics firm Tableau (NYSE: DATA) is a leading player in the industry. In its recent results, it beat estimates driven by a 46% growth in annual recurring revenues….
from the St Louis Fed Gaps in income and wealth are growing between families headed by someone with a four-year college degree and families without a degree. The latest essay in the Demographics of Wealth series, produced by the St. Louis Fed’s Center for Household Financial Stability, examined this trend in-depth. In the essay “The Financial…
Warren Buffett is of course as the golden-touch investor who is chairman and CEO of Berkshire Hathaway. Each year he writes a letter to his shareholders, and along with an update on just what the firm did the previous year, he often discusses some broader point. In the last couple of years, Buffett’s annual letter…
We argue that China, like many other countries, is developing a three-prong strategy for dealing with the Trump Administration. First, push back against tariffs, retaliating selectively. Second, challenge the US actions at the WTO. Third, some US demands that are perfectly consistent with President Xi’s agenda for China. In March, China launched a yuan-denominated oil futures…
The Department of Labor has monthly data on employment by industry categories reaching back to 1939. At the highest level, all jobs are categorized in either Service-Providing Industries or Goods Producing Industries. The adjacent chart illustrates the ratio of the two since 1939. The latest monthly employment report showed a gain of 164K nonfarm payrolls,…
Big tobacco stocks have had a bad month. Philip Morris had its worst day (for stock performance) in a decade. Electronic cigarettes and vapes etc are taking market share – and they are interrupting the big (old) brands of combustibles. There has been plenty of press – here is an example from Fortune. I just want…
Sempra Energy (SRE – Free Report), an energy services holding company, engages in the sale, distribution, storage, and transportation of electricity and natural gas. Sempra Energy’s stable cash-generating capacity, several development projects, steady focus on expansion of renewable capacity and strategic acquisitions is expected to boost its future performance. Estimate Trend & Surprise History Investors should note…
