Economists missed the mark badly on retail sales. And August retail sales were revised from 0.1% to flat. The Census Bureau’s Advance Retail Sales Report for September shows unexpected weakness. Advance estimates of U.S. retail and food services sales for September 2018,
October 15, 2018
Investors sometimes focus too closely on the price performance of a stock, watching the rise and fall of share prices when putting together a portfolio. Share price is important, but it’s not the only measure of a stock’s success. Dividend
One month ago we already knew that the U.S. budget deficit for the 2018 fiscal year – Trump’s first full year in office – would be jarring after the August deficit soared to $211 billion, nearly double the deficit gap from one
A Chirp from the Deep Level Mines Back in late 2015 and early 2016, we wrote about a leading indicator for gold stocks, namely the sub-sector of marginal – and hence highly leveraged to the gold price – South African
In a research note this morning, Barclays analyst Julian Mitchell told investors he does not see the push-back of General Electric’s (GE) earnings date to October 30 from October 25 as a negative, as he believes it increases the likelihood
The Gold COT report shows gold shorts piling on in addition to long liquidation. Meanwhile, the price of gold is rising. Gold Daily Chart This is an incredibly price-bullish setup. Buy Gold.
The good news is: The bottom, when it is reached, will be easy to identify. ?The Negatives There were huge numbers of new lows all week long. About 30 years ago I did research on new highs and new lows.
U.S. retail sales figures for September surprised to the downside, with food and beverage services accounting for the lion’s share of the disappointment. The U.S. Census Bureau posted a paltry 0.1% rise in September retail sales, compared to expectations for
The decline in the global equity market is the most serious since the February and March spill. In this GreatGreat, the white line is the S&P 500. With the setback, it is up a little more than 8% for the year. It managed to recover fully
Obviously, presidents can speak out if they choose to and give their opinions about policy. There’s no law against that, but I don’t think it’s wise. That’s from your fairy godmother, Janet Yellen, who spoke in Washington on Monday at
