One of the arguments for acting sooner rather than later on monetary policy is that if the slack disappears, inflationary expectations will surge. That’s represented in this quote from reader Peak Trader’s comment. While I don’t rule out this possibility, it
November 10, 2015
The release of wholesale sales for September showed very little change in the stretching condition of sales against inventory. Overall, sales declined year-over-year for the ninth consecutive month and ten out of the last eleven. At -3.6% in October, that
Demand for commodities is in the doldrums, but the fundamentals of uranium and lithium are favorable when compared with other materials, says Paul Renken, mining analyst for VSA Capital Ltd. In this interview with The Energy Report, Renken notes that rising demand
Nyet! Nyet! No More! No! Not tonight! This son of bitch, all night he, ‘Check. Check. Check.’ Teddy KGB, Rounders Gold and silver largely marked time in place today, after the regular and rigorous pounding that they took for the last
Another day light on economic news US equity markets had a mixed session, with Apple’s -3.15% loss the main attention grabber. Our benchmark S&P 500 spent the day in a relatively narrow trading range between its -0.42% early morning low
Economic Summary Employment – Unemployment rate drops to 5%. Earnings growth jumps most since ’09, trend: above 2.5%. Full-time employment back to pre-recession levels. EVERYTHING IS “IN PLACE” FOR A RATE HIKE. Q4 GDP Forecast – 2.3% Employment The civilian unemployment rate
Massive swings experienced by the biotech sector since September has proved once again that these stocks aren’t for the faint-hearted investor. Unfavorable political comments and concerns about accounting practices have led to a sharp decline for biotech companies. At the
You couldn’t really call it a calming effect, as rates never truly settled down rather simply becoming less obviously meddlesome. At the September FOMC, the “dovish” sentiment that was apparently received brought LIBOR rates off their devastatingly devilish perch that
Autos are the sales Energizer bunny. Nothing seems to slow them down. Wholesale Inventories Surprised to the Upside, led by autos. Wholesale inventories rose 0.5 percent in September following an upward revised 0.3 percent gain in August. The September build appears
When suppertime came, the old cook came on deck Sayin’ Fellas, it’s too rough to feed ya At seven PM a main hatchway caved in He said, Fellas, it’s been good to know ya The captain wired in he had water
