The big economic number next week will be the Q3 Advance Estimate for GDP on Wednesday the 28th at 8:30 AM ET. With the volatile first two quarters behind us with their real annualized rates of 0.6% in Q1 and
October 20, 2015
1. Japan’s trade balance was worse than expected in September. It posted a JPY114. bln deficit. A small surplus was expected. Exports rose a mere 0.6% compared with expectations for a 3.8% increase. In volume terms, exports have fallen nearly
As Q3 earnings season ramps up, 3 major companies — Yahoo (YHOO – Analyst Report), VMWare (VMW – Snapshot Report) and Chipotle (CMG – Analyst Report) — have all reported earnings after the bell Tuesday. Let’s start with Yahoo: earnings per share of 10 cents (accounting
At mid-year of 2014 West Texas Intermediate (WTI) crude oil prices were trading over $100 per barrel. Just over a year later, WTI is now priced at just under $50 per barrel. This steep fall in crude prices has confounded
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW – 13 = 17,217 SPX – 2 = 2030 NAS – 24 = 4880 10 YR YLD + .04 = 2.07% OIL – .34 =45.56 GOLD + 5.20 =
We just got more evidence that the middle class in America is dying. According to brand new numbers that were just released by the Social Security Administration, 51 percent of all workers in the United States make less than $30,000
Discover Financial Services (DFS – Analyst Report) reported its third-quarter 2015 earnings results after the closing bell today. Last quarter, Discover Card operator posted a positive earnings surprise of 0.76%. This year, Discover has launched some initiatives that might have had an
Small gains yesterday, small losses today. The tone of the action hasn’t changed and markets wait the next big move. Volume climbed to register as distribution, which is perhaps the only point of interest today. The Nasdaq 100 remains above
Is the worst behind us? Maybe. Yet the appetite for risk is decidedly less vibrant than before the August-September meltdown. (Review Market Top? 15 Warning Signs.) Consider high-quality bonds as represented by the Bank of America Merrill Lynch US Corporate A Option-Adjusted Spread. The yield spread between
At the beginning of the fourth quarter of 2015, only the Large Cap Value and Large Cap Blend styles earn an Attractive-or-better rating. Our style ratings are based on the aggregation of our fund ratings for every ETF and mutual
