Crude Oil: Having the commodity failed to sustain its Thursday price momentum to close lower on a rejection candle on Friday, it faces the risk of further move lower. On the downside, support resides at the 32.00 level where a
February 26, 2016
As the real estate and mortgage industries go, by extension so goes title insurance. Therefore the business trends that are being experienced by title insurance professionals will also offer some insight into the health and direction of transactional real estate and mortgage
As much as I love ZeroHedge, there’s one thing they keep doing which drives me nuts – – pointing out charts with big spikes in them and assuming they are somehow meaningful. The most recent example is this post which features the
Abenomics remains a dumb idea. It has failed. Rather than admit the stupidity of the idea, Financial Times writer Robin Harding says Japan Will Have to Double Down on Stimulus to Save Abenomics. Like a man selling ice creams in
The economic news this morning was ‘better than expected,’ showing an upward revision in 4Q GDP and stronger consumer spending. And the dollar rallied, the Fed hawks like Cleveland’s Mester were out talking the likelihood of rate increases, and stocks
It is different this time. So far in 2016, there has been 23 days where the S&P 500 has moved +/- 1%. To put that in context, in the last 60 years, no other year has started off with such volatility. 2016
Photo Credit: Howard County Library System 3D Systems Corp. (DDD) Information Technology – Computers & Peripherals | Reports February 29, Before Market Opens Key Takeaways The Estimize consensus is calling for EPS of $0.03, 1 cent below Wall Street, and revenue expectations
In May of 2015, I wrote about the relationship between Labor Share and Unemployment. The post basically said that lower labor share translated into a higher limit upon unemployment. Here is the original graph from that post… In the post,
The ‘better than expected’ economic data this morning sparked a rally, that was then sold off, leaving the major indices red into the close. How amazing that the backward looking data from this morning shows that Americans are spending more,
As a result of trade gap and personal spending reports today, the Atlanta Fed GDPNow Estimate for first quarter 2016 declined 0.4 percentage points to 2.1%. The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter
