Core personal consumption expenditures (PCE) is the Fed’s preferred measure of inflation. Core PCE excludes food and energy. Let’s investigate how close the Fed has been to its target since the history of the series, dating to January 1960. Synopsis
October 30, 2017
Today’s risk-off sentiment has been clearly reflected in the Yen complex with the commodity pairs and USD/JPY falling the most, and only the gbp/jpy and eur/jpy now making an effort to rally as traders now wait for the BOJ, traditionally
Chinese bonds and stocks were ugly overnight as the calm of the congress came to an end… Small Caps were slammed today – worst day since August. Nasdaq managed to scramble back to green in the last few mins, but
Top Tickers Today: JCP, GE, BAC, PFE, AAPL, K, PAGP
The Chart of the Day is a repeat and belongs to Data I/O (DAIO). If you had purchased it on 6/22 the last time it was featured it is up 47.18% since that date. I found the electronic component stock by using Barchart to
It really quite amazing, even with the market down as much as 12 points, at one point, it continues to push methodically higher. I’m as skeptical as anyone about this market. It has been a good run, and you can’t
Of the five Federal Reserve districts which have released their October manufacturing surveys – all are in expansion. A complete summary follows. Analyst Opinion of Dallas Fed Manufacturing Survey This survey improved and remained well into positive territory with both
The Short-Term Leader List The strongest ETFs are blue, the additional leaders are green and the weakest are red. The S&P500 is the benchmark. Disclaimer: This list is not a recommendation to buy or sell. No surprise that QQQ has
Crushing regulations are driving small banks to sell out to the megabanks, a consolidation process that appears to be intentional. Publicly-owned banks can help avoid that trend and keep credit flowing in local economies. At his confirmation hearing in January
Catalonia is vying to become Europe’s newest nation-state, but this is a battle Catalonia ultimately can’t win. On Oct. 27, Catalan lawmakers voted to declare independence—barely. Only 51.8% of members in the Catalan parliament supported the declaration. That means even
