Peter Schiff’s digs into Friday’s jobs numbers and the great expectations for a September rate hike from the Federal Reserve. In this Schiff Report, Peter walks us through the options Janet Yellen has right now and the repercussions they will have on the economy and US stocks. This year, 2015, is probably going to be…
Economists expected a bounce in productivity, and got one, but it was a bit weaker than than the Bloomberg Consensus Estimate of 1.6%. A bounce back for output gave first-quarter productivity a lift, up a quarter-to-quarter 1.3 percent vs a revised decline of 1.1 percent in the first quarter. The bounce in output also held down unit…
Well that escalated quickly… Click on picture to enlarge
In its quest to advise the City Mayor, Boris Johnson, about climate change, the London Assembly urges the London Pension Fund Authority (“LPFA”) to rid itself of its carbon (“specifically fossil fuels”) investments and allocate the proceeds to “responsible funds, which deliver appropriate returns to the taxpayer.” They reference the National Association of Pension Funds (“NAPF”) and its recognition…
Note: This commentary has been updated with the latest numbers from last week’s Employment Report. The Labor Force Participation Rate (LFPR) is a simple computation: You take the Civilian Labor Force (people age 16 and over employed or seeking employment) and divide it by the Civilian Noninstitutional Population (those 16 and over not in the military…
Welcome to the August 11 edition of This Week on Estimize. We are pleased to be joined by Dan Schleifer, founder of ChartIQ. In this episode, Leigh and Dan discuss the the cybersecurity space with CyberArk and Symantec reporting this week, the gaming industry with King Digital and Take Two Interactive releasing earnings, Fossil vs. the Apple watch and Advanced Auto…
Silver markets look ready to break out We are watching the summer markets currently, because the $15.00 level has been so resistive. If we can break above there on a daily close, we would be call buyers as the market should then head to the $15.50 handle. On the other hand, if we get some…
The ratio of wholesale inventories-to-sales pushed back up to 1.3 – its highest since the recession and is flashing an enormous red flag for an imminent recession in America… with the automotive industry the biggest factor in this. A bigger-than-expeted 0.9% surge in inventories (biggest since April 2014) was accompanied by a considerably slower than expected 0.1%…
A simple summary of the headlines for this release is that the growth of productivity exceeded the growth of costs (headline quarter-over-quarter analysis). The year-over-year analysis says the opposite. I personally do not understand why anyone would look at the data in this series as the trends are changed from release to release. The market…
CLICK ON CHART TO ENLARGE Barron’s has been bullish equities for a good while and they have been on track with this call! Now they are suggesting to “Buy Commodities.” Are they on track again? The chart above looks at the Thompson/Reuters Commodity index on a monthly basis going back to the 1960’s. Back in…
