It’s a short week this week due to the holiday, so Eric stops by a day early to discuss the latest news in the world of precious metals. In this wrap-up you’ll hear: Why gold “got the spit kicked out of it” after nearly reaching a new high What’s REALLY causing the market woes (hint:…
It is said that even a blind squirrel occasionally finds an acorn, and so it goes with the Donald. Banging on his Twitter keyboard in the morning darkness, he drilled Jeff Bezos a new one—or at least that’s what most people would call having their net worth lightened by about $2 billion: I have stated my concerns…
With the release of this morning’s report on February Personal Incomes and Outlays, we can now take a closer look at “Real” Disposable Personal Income Per Capita. At two decimal places, the nominal 0.32% month-over-month change in disposable income was trimmed to 0.13% when we adjust for inflation. The year-over-year metrics are 3.20% nominal and 1.43%…
With the release of this morning’s report on February Personal Incomes and Outlays, we can now take a closer look at “Real” Disposable Personal Income Per Capita. At two decimal places, the nominal 0.32% month-over-month change in disposable income was trimmed to 0.13% when we adjust for inflation. The year-over-year metrics are 3.20% nominal and 1.43%…
Some good cyclical observations in this clip from Monday. A caveat though: while it’s true the US dollar has weakened year to date against the Euro, Pound and Yen, it has gained on commodity exporters like Canada and Australia as the global growth picture weakens. Steen Jakobsen, from Saxo Bank, cited several factors including growing…
Economic data in the US and abroad slowed in March. We believe this is the pause that refreshes. Manufacturing capacity and supply chain constraints have become too extreme for production to meet demand. Limited labor and material supplies continue to elevate delays in shipments and vendor deliveries. This summary from the 3-28-18 Markit PMI report on Austria…
The May natural gas contract rallied a bit over a percent today, even as EIA data disappointed bulls. Much of this occurred overnight, with bullish weather model runs confirming sustained cold in early April. This was reflected in the GWDD forecast in our Morning Update for clients. EIA data was unimpressive, as the EIA announced…
Nordson Corporation (NDSN) has a dividend track record that few companies can rival. The company has increased its cash dividend for 54 consecutive years, making it one of just 14 such entities in the entire market with a dividend increase streak of that length. That puts Nordson among the elite Dividend Kings, a small group…
The University of Michigan Final Consumer Sentiment for March came in at 101.7, up 1.7 from the February Final reading of 99.7. Investing.com had forecast 101.9. Surveys of Consumers chief economist, Richard Curtin, makes the following comments: Consumer sentiment at month’s end was marginally below the mid-month reading due to uncertainty about the impact of the proposed…
Video Length: 00:05:15 This week I discuss Microsoft (MSFT – Free Report), and Lockheed Martin (LMT – Free Report) both of which have recently received positive long-term growth catalyst news. While each has done well as of late, these new drivers are expected to influence both top and bottom line expectations for the next several years. A recent Morgan Stanley note stated that Microsoft (MSFT…
