The Empire State Manufacturing Survey declined but remains in expansion. It was below expectations. Analyst Opinion of Empire State Manufacturing Survey I am not a fan of surveys – and this survey jumps around erratically – but has been relatively
February 15, 2018
This is the Year of the Dog, or it will be starting tomorrow across Asia. Tonight marks the opening of celebrations for China’s Spring Festival Golden Week. These weeklong breaks in Chinese contributions to the global system have over the
The bounces playing out for markets still have the look of relief bounces – at least until technicals confirm net bullishness. However,long opportunities present themselves. For the S&P, price action looks to be confirming a double bottom which should be
That’s me in costume, dressed as an aging silver baroness, who sits on park benches waiting for young folks to come along. The bull market, also in costume, is aging as well. And hoping to captivate young folks into buying
<< Read More:Swan Song Of The Central Bankers, Part 3: The Goldilocks Economy Delusion << Read More:Swan Song Of The Central Bankers, Part 2: Yellen’s “My Girl” << Read More:Swan Song Of The Central Bankers, Part 1: Last Week Wasn’t
Technology startups dominate the headlines. Yet there are still many other industries that continue to power this country behind the scenes. Some have dismissed manufacturing in the U.S. as a dying industry, but changes are already underway. For example, places
Waste Management (WM) has been on our radar for all of 2017 and the first part of 2018. Looking at the full year, 2017 was exceptional for Waste Management as the company continued to focus on improving core price, adding
Inflation! Deflation! Two words that strike fear into the hearts of investors. Are such fears justified? Let’s take a look… If we segment calendar year changes in the Consumer Price Index (CPI) into quintiles, we observe the following: The lowest
Prospect Capital’s (PSEC) latest earnings release didn’t do much to improve investor sentiment toward the stock. It remains mired in trading range and sits are barely 70% of book value. PSEC has long been accused of being a little more aggressive than
Francisco Zurbaran grew up in Seville, the city which administered Spanish colonies in the 17th century and the main port shipping goods and treasure to and fro. The son of a draper, he became a painter with a naturalistic style, heavy
