The BEA’s Personal Consumption Expenditures Chain-type Price Index for January, released this morning, shows that core inflation remains below the Federal Reserve’s 2% long-term target at 1.52%. The most recent Core Consumer Price Index release, also data through January, is
March 1, 2018
There is a whole lot going on across the markets after today’s trade! And a lot of opportunities developing in the charts. So let’s not waste time chatting, and get right into it! UPCOMING RISK EVENTS: USD: Revised UoM Consumer Sentiment.EUR:
The dragon dance is a customary way to celebrate the Chinese New Year. We all know what dragons breathe-FIRE! Furthermore, where there’s smoke, there’s fire. Plus, as the element this year of the brown earth dog is water, bulls now have to
Gap Inc. (GPS – Free Report) just released its fourth quarter fiscal 2017 financial results, posting earnings of 61 cents per share and revenues of $4.8 billion. The stock is 9% to $34.55 per share shortly after the report was
Stock markets up on a stick. Valuations stretched. Bond yields near sixty-year lows. Real returns basically zilch. A decade of global financial repression has forced investors everywhere out the risk curve. Nothing is cheap. There is a reason that top
Worst Decline In 2 Years With the S&P 500 falling 2.37% in the past two trading days, February closed with a whimper. Sometimes new money flows in on the first day of the month, so we’ll see how that plays
Econintersect’s Economic Index (EEI) marginally improved but remains in territory associated with modest economic growth. Analyst Summary of this Economic Forecast Last month was a terrible month for the data we used in making our forecast. This month was significantly
March natural gas prices settled up a bit more than a percent on the day following an EIA print that came in right at expectations. The EIA announced a net implied flow of -78 bcf, which was a withdrawal significantly
It’s been a busy several days in the YieldCo space. On February 5, 8point3 Energy Partners (Nasdaq:CAFD) announced an agreement to be acquired by an infrastructure investment fund managed by Capital Dynamics. While I was still writing an article on why the sale price was
President Donald Trump said the U.S. plans to impose 25 percent tariffs on steel imports and 10 percent on aluminum, and expects to sign a formal order next week. The stock market got hit hard on the news while stocks in the
