Finance
Goldman Is Confused: If The Economy Is Recovering, Then How Is Th
Following last week’s news that household formation jumped and was revised higher, the logical consequence is that young Americans living in their parents’ basement must finally be moving out. They are not. In fact, as the chart below from Goldman shows, Millennials are doing anything but moving out, a development that has left Goldman’s economists stumped. Below…
U.S. Economic Myths: Stefan Molyneux & Peter Schiff
Stefan Molyneux interviewed Peter Schiff on Freedomain Radio. In this hour-long conversation, Stefan and Peter cover the gamut of essential economic issues: the gold market, hidden inflation, the so-called US economic “recovery,” and the ultimate death of the US dollar. This is a great video to catch up on nearly every hot-button issue in the…
Will Fitbit Go The Same Way As Box, Shake Shack And Other IPO Flo
Welcome to the August 4 edition of This Week on Estimize. We are pleased to be joined by Rob Defrancesco, enterprise technology analyst, editor at Tech Stock Prospector, and avid contributor to the Estimize platform. In this episode, Leigh and Rob discuss why Fitbit needs to blow out their earnings results on Friday, why cloud based HR…
S&P 500 Snapshot: Selloff Day Three
The S&P 500 ended the day with a modest -0.22% decline, the third consecutive day of modest declines. Today was fairly light on economic data in advance of the big event on Friday, the July Employment Report. We did get the Census Bureau’s Preliminary Report on Manufacturers’ Shipments, Inventories and Orders, which gives us a…
Gold Daily And Silver Weekly Charts – Meh
Gold and silver were drifting higher most of the day. Dennis Lockhart of the Atlanta Fed felt the urge to declare that barring the wheels falling off the economy, he was inclined to raise rates at the September meeting. That sounds familiar. Oh, this is what I have been saying for most of the year….
AAPLocalypse & Lockhart-Nado Spoil Stock Party; Dollar &
The last week in stocks (and Apple and Twitter) in 19 seconds… Strength in China on new short-selling-curbs provided very littlc comfort for US investors. Early strength quickly faded as Dennis Lockhart peed in the Kool-Aid… Click on picture to enlarge On the day…only Trannies closed green… Click on picture to enlarge From Lockhart’s comments,…
Not All Gaming Stocks Are Winners
Let’s face it, kids aren’t playing with toys anymore these days, they are playing with mobile devices. In recent years, sales of Barbie dolls and Matchbox cars have deteriorated, leaving traditional toy companies like Mattel in the dust. Classic toys are being left on the shelf, while not only children, but adults, increasingly spend more…
Strong Buy: Toyota Impressed With Earnings This Week
Toyota Motor Corporation (TM) produces, sells, leases, and repairs passenger cars, trucks, buses, boats, airplanes and other products in Japan and most foreign countries. The Company is also involved in the businesses of real estate, civil engineering, insurance,etc. Toyota posted US sales figures this week and the numbers were rather flat with a 0.6% increase…
SP 500 And NDX Futures Daily Charts – Janet Jett And The Bl
“I think there is a high bar right now to not acting, speaking for myself. It will take a significant deterioration in the economic picture for me to be disinclined to move ahead.” Dennis Lockhart, Atlanta Fed President, 4 August 2015 This statement and the continuing decline in AAPL today were the primary movers in the…