The Conference Board’s Leading Economic Indicators (LEI) came in at 123.9. April’s reading, while quite strong, is still below the prior expansion’s peak of 126.0 in March 2006. What does this i...
You are about to see more very clear evidence that a new economic crisis has already begun. During economic recoveries, business debt delinquencies generally fall, and during times of economic recessi...
Fundamental Forecast for Dollar: Neutral The Dollar climbs a third week as fundamentals tangibly take over for speculative covering A Fed Funds futures forecast of a 28% probability See our 2Q foreca...
The significant decline of retail stocks has impacted many well-known clothing stores including J.C. Penney, GAP, Nordstrom, and Macy’s, which reported a 40% loss of net income in the last quarter a...
EM’s had another rocky week, but managed to end on a slightly firmer note Friday. Market repricing of Fed tightening risk was the big driver last week, and that could carry over into this week.T...
Just over a week ago, we pointed out that China’s great credit growth stimulus from early 2016, when the PBOC injected $1 trillion in new credit in the first quarter of the year, had come to a ...
Greece remains in an economic depression interrupted by a few quarters of anemic growth. Hiking taxes in a depression is one of the stupidest things one can do, but Greece is set for another vote to d...
It always amazes me how most analysis on an investment focuses on recent performance, rather than process. Yet, so little attention is given to the investor return/behavior gap, a well-documented phen...
Amid a spate of disappointing earnings reports from departmental stores and traditional brick-and-mortar operators, Wal-Mart (WMT – Analyst Report) spread an air of optimism with solid Q1 resu...
The naysayers regarding solar power have always made one accurate point: the technological cost effectiveness was not the same as cheap burning coal or other carbon emitting sources. Government inve...