Browsing Category Finance
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Finance 0
Am I Investing Or Speculating…?
“An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.... -
Finance 0
Empire State Manufacturing Weaker Than Economists’ Expectations
The Empire State Manufacturing survey came in today weaker than the Bloomberg Consensus Estimate, but at least the economists got the leading +- sign correct. The first indica... -
Finance 0
Lower Earnings, Higher Stock Prices: The Voting Machine
“The stock market is a voting machine rather than a weighing machine. It responds to factual data not directly, but only as they affect the decisions of buyers and sellers.&#... -
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April 2015 Industrial Production: Weak Data Continues
The headlines say seasonally adjusted Industrial Production (IP) declined. This month the manufacturing portion of this index was unchanged month-over-month – but the other p... -
Finance 0
Someone Is Lying: Job Optimism Plummets To Levels Unseen Since Financial Crisis
The percentage of respondents to University of Michigan’s Consumer Sentiment Survey that “think they (or their spouse) will lose their job over the next 5 years”... -
Finance 0
5 Things To Ponder: Reading While Waiting List
This past week has been much the same as the last couple of months – boring. It has been more interesting trying to count carpet fibers in my office than watching the markets... -
Finance 0
Industrial Production, Down 5th Month, Weaker Than Economist Expectations
Industrial production came in at -0.3%, down for the fifth consecutive month below the Bloomberg Consensus Estimate. Industrial production is stalling, down 0.3 percent in Ap... -
Finance 0
Great Graphic: Expectations For Lift-Off Solidify For September
This Great Graphic comes from the Wall Street Journal. It shows the evolution of market expectations for the first Fed rate hike from the monthly survey it conducts. At the sta... -
Finance 0
Are You Ready For The Coming Debt Revolution?
Nothing to Lose There is a specter haunting America … and all the developed nations of the world. It is the specter of a debt revolution. We left off yesterday talking about ho... -
Finance 0
Rural Wages Vs. Urban Pay: Time For Dorothy To Head Back To Kansas?
When I was in college there was a popular t-shirt that read: “Dear Aunt Em, Hate you, hate Kansas, taking the dog. Love, Dorothy.” The obvious reference to Wizard of Oz aside...
