Here is just a sampling of this weeks economic data releases: US 3rd Quarter GDP = Miss {Note: Rate of Change & Direction from 2nd Quarter GDP = Lower & -50%} New Home Sales = Miss Durable Goods = Miss Consumer Confidence = Miss China Ends One-Child Policy Allowing Families To Have TWO Children It
Stat of the Day: The last inside the park home run in a World Series was in 1929 – this was followed by the Great Depression. But THIS was the in the first at-bat for the Royals so we should be fine! Invest like Buffett? Not This Year! Central Bank Surprise Move (No The Fed
…US equity market investors (judging by the S&P 500) have now lost no money this year (and have made no money). All it took to get stocks “back to even” for 2015 was… no Fed hike, more ECB QE and more negative rates, China rate cuts, and negative revenue and EPS growth! Everything has worked
…Based on this (early) scorecard for revenues and earnings for S&P 500 companies. Revenue -3.2% EPS -3.3% Stay Tuned, Stay Hedged & Stay Patient! {TJM} Disclosure Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the
This chart is an example of how this recent rally is being driven by fewer, large cap stocks. Over the past month the results are as follows: S&P 500 ETF (SPY)= +7.56 S&P 500 Equal-Weighted ETF (RSP) = +6.26% However, NYSE new highs are just starting to rise, while new lows are just starting to