Yield Curve For January 2, 2015
Pardon the previous edition of this post. I imagined that the curve was rising, but it is in fact dropping a bit today as the market flies around post-ISM. As you were… 🙁 10, 5 & 2 year yields from Bloomberg
Pardon the previous edition of this post. I imagined that the curve was rising, but it is in fact dropping a bit today as the market flies around post-ISM. As you were… 🙁 10, 5 & 2 year yields from Bloomberg
I wanted to find the Mid Cap stocks with great technical buy signals and consistent chart patterns so I used Barchart to sort the S&P 400 Mid Cap Index stocks to find the 5 with the best technical buy signals, then used the Flipchart feature to review the chart patterns. Today’s list includes: WGL Holdings (NYSE:WGL), Wendy’s (NASDAQ:WEN), Vectren (NYSE:VVC), Resmed (NYSE:RMD), RF Micro…
The ISM Manufacturing survey continues to indicate manufacturing growth expansion – however there was a modest decrease in the rate of growth. But the key internal new orders significantly declined (but still remains well into expansion). The ISM Manufacturing survey index (PMI) declined from 58.7 to 55.5 (50 separates manufacturing contraction and expansion). This was slightly below…
As with all fallacies, Modern Monetary Theory rests on some real insights into a matter, but seems to hinge on one or two key assumptions that are more matters of faith that historical or even practical experience e. In this is it can become not so much an economic theory, as a cult belief. I do not say…
The primary challenge to global citizens in this day of transnational corporate control of politics and banking is how to slow the inexorable steamrolling of public interest by profit-fixated privateers who control most of the world’s assets. Ellen talks with noted author and non-profit director Les Leopold about the lay of the economic horizon and…
Dear Diary, We saw the old year out in business class on Air France. We feted it with champagne and woke up in 2015 thinking about you. Many dear readers wrote to offer best wishes for the New Year. Others wrote with compliments on our book or new newsletter. Thanks to all… and best wishes…
Over the past week the majority of our market health indicators improved. None of them improved enough to change our core portfolio allocations. Unfortunately, the indicators still aren’t believers in this rally. They continue to show underlying weakness. Happy New Year everyone!
Timothy B. Lee offers several defenses of surge pricing by Uber and Lyft, including this. It might seem like an obvious point, but it’s often overlooked by people who complain about surge pricing. Surge pricing gives drivers an incentive to spend more time on the road than they otherwise would. It encourages them to re-arrange their…
Happy New Year! We’ve already posted our Trade of the Year for AAPL, rolling it out live on Money Talk back on the 19th and, before that, it was our Top Trade Idea for Dec 17th, along with our runner-up trade on BHI, which we also added to our Long-Term Portfolio (which we reviewed on Wednesday). On the 18th, Top Trades…