Rising concerns about an international trade war and fears that Facebook’s user data scandal could hurt tech stocks created market-wide volatility this week, with the S&P 500 surrendering all of its year-to-date gains in the process. Now, investors will hope that a fresh wave of strong earnings results will help stocks get back on track….
The problem with the labor market for the millennial generation is young adults need to get a college degree for jobs that previously didn’t require them. Four years of education and about $35,000 in debt later, young people are ready to enter the labor force. The chart below shows the tough situation young people are…
Thus far in 2018, we’ve dealt with far more uncertainty injected into the market than we have seen in some time, and this week was a doozy from a new tone out of the Federal Reserve to rising talk of trade wars, never mind the shuffling of personnel around the White House. The week started…
The headlines say the durable goods new orders and backlog improved. However, the unadjusted three month rolling average declined. Analyst Opinion of the Durable Goods Situation Civilian and defence aircraft were the main tailwind this month. This series has wide swings monthly so our primary metric is the unadjusted three month rolling average which marginally…
War, what’s it good for, absolutely nothing! or so goes the Motown Vietnam protest song. Investors shouldn’t be surprised that Trump is delivering on his promise to threaten Trade Wars to fix what he perceives as unfair trade decimating US business. Trump’s modus operandi is an ego anchored in domination and alarm. It worked in business deals,…
Today’s Chart of the Day belongs to the Global Carbon ETN (GRN) offered by Barclay’s. I found this ETN by using Barchart to sort Top 100 ETFs and ETNs first for the highest Weighted Alpha then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy in 12/22 the ETN…
Stocks fall hard again! Last week fear of a looming trade war between the U.S. and China grew. I think the fear is overblown but the market’s opinion is all that matters. It’s important to keep in mind, all things being equal, investors like the status quo and fear change (unless it is a massive…
It has in the past been “the financial crisis”, “the Euro crisis”, “Greek debt”, “Italian banks”, “the fiscal cliff”, “Brexit” and so on. Every one of those events an extension of Keynesianism and its debt-leveraged monetary magic tricks. But now the buzz phrase is “trade war”, a different kind of animal. The brewing trade war with China is different. With every damn one…
Stocks battled to stay in the green during Friday morning trading, with major indexes like the S&P 500 hoping to rebound after surrendering their year-to-date gains over the course of this brutal trading week. But a strong bump in oil prices helped the energy sector generate momentum on Friday morning, and if energy stocks continue…
Stocks battled to stay in the green during Friday morning trading, with major indexes like the S&P 500 hoping to rebound after surrendering their year-to-date gains over the course of this brutal trading week. But a strong bump in oil prices helped the energy sector generate momentum on Friday morning, and if energy stocks continue…
