Ok, here comes CPI. This is the headline data point this week and it comes as 10Y yields are looking to move sustainably above 3% and as the dollar is looking to extend a rally that’s now in its fourth week. Last Friday, payrolls and AHE missed, but the dollar’s brief dip on the data was…
The CPI rose 0.2% in April vs the economists’ expectation of 0.3%. Year-over-year the CPI is up 2.5%. The BLS reports the Consumer Price Index for all items rose 0.2% in April with energy commodities, shelter, and food fueling most of the gain. Food The food index rose 0.3 percent in April after a 0.1-percent increase in…
The Canadian economy was seen rising 0.4% on the month in the month of February, data from Statistics Canada showed last week. The better than expected GDP growth signaled that the first quarter growth outperformed the BoC’s forecast for the same period. The GDP growth was seen to be better than the forecasts which estimated…
In one small 8:30 am speck of time today we had very low CPI and another blow out jobs number. Can anyone say Goldilocks? Goldilocks Market The late 1990s were coined Goldilocks, as in its storybook. After some macro headwinds, rate hikes, geopolitical mess, this morning’s economic numbers could mean Goldilocks. Perfect Economic Reports This Morning If you are…
Do you recall the evil of the market back in early February? You know, those evil folks that caused the market to crash known as the “short-Vol/VIX traders”. CNBC’s Mad Money Host Jim Cramer penned an article only a couple of days after the February 5th Volpocolypse titled “Jim Cramer: There Are 4 Real Culprits…
You can work your tail off, live below your means, save like a miser, invest like the experts, build a great retirement nest egg – and still end up with virtually nothing! Don’t take the bait! The hypocrisy of some financial professionals isn’t funny when you are talking about your life savings. When I have discussions with…
Are you thinking of getting started in trading and investing? Before you even thinking about risking your hard-earned money, well before you look at a chart or think about strategy, it is critical to understand what it really takes to become a consistently profitable trader/investor. In my opinion, if one does not prepare themselves properly,…
Hi-Crush Partners (HCLP – Free Report) is a Zacks Rank #1 (Strong Buy) and sports straight A’s on its report card.Well not really a report card, but the Zacks Style Scores for Value, Growth and Momentum are all A’s. Investors love to see that from a stock and so do I and that is why I made HCLP…
The running average for job creation for the months of January, February and March 2018 in the USA came in at about 208000. Taken over a longer period, over the last year the average figure was approximately 190000. So, viewed against this backdrop, the job creation figure for April of 16400 is clearly a relatively…
The New Zealand dollar – commonly known as the Kiwi – fell to the lowest level since December. This came after the country’s central bank released its interest rate decision and a statement. In today’s meeting, the officials decided to leave interest rates unchanged at 1.75% and removes chances of a rate hike in the…
