Only one of eight indexes on our world watch list have posted gains through Monday, April 2, 2018. The top performer this year is Hong Kong’s Hang Seng with a minor gain of 0.58%. In second is India’s BSE SENSEX
April 2, 2018
The shift from bullish to bearish since January 26th has been delightfully insidious. Today’s market action (that is, Monday the 2nd of April) created some more progress for the bears, although the breaks of February 9th lows were not across
Over the weekend, we anticipated that last Thursday’s rally was a classic case of “window dressing.” Furthermore, I warned that “Sharks sense movement in the water.” Coming into Monday, all the indices were in warning phases. The warning phases have
Looking for inflation? One place you can find it is in national rent averages. The Rent Cafe reports National Apartment Rents Hit a 14-Month Growth Plateau in March Amid Small City Boom. The national average rent was $1,371 in March 2018,
Japanese industrial production dropped sharply in January 2018, Japan’s Ministry of Economy, Trade, and Industry reported last month. Seasonally-adjusted, the IP index fell 6.8% month-over-month from December 2017. Since the country has very little mining sector to speak of, and
Oilfield service providers are upping their prices, the latest Dallas Fed Energy Survey has found, confirming what producers began to complain about last year when oil prices started recovering. The survey found the index of input costs for oilfield services
The U.S. Government’s recent move of imposing 25% tariff on imported steel and 10% on imported aluminum has spurred concerns among investors about certain U.S. sectors, particularly construction — which relies heavily on steel and aluminum for raw material. This
Free-Photos/Pixabay Apple (AAPL) could be preparing to stop using Intel’s (INTC) chips in its Mac computers in as little as two years. The iPhone maker is reportedly working on a multi-step plan to work toward making all of its devices work together
Natural gas prices sold off today as the market continued focusing on balance and saw slightly less impressive weekend weather trends we alerted clients about this morning. In the end the May contract declined a bit less than 2%, reversing
As value investor Charlie Munger often preaches, only a well-designed incentive system will produce desired corporate behavior. CarMax has taken heed, properly incentivizing sales consultants to align their interests with car buyers to create a differentiated car buying experience. Favorable
