Mutual funds that are likely to offer healthy returns along with a lower level of risk are popular choices. But to identify funds that can offer such features, one should find out a way of measuring a...
The Great Financial Crisis has exposed a deep chasm in economics and economic policy. No single institution is this crystallized more than at the Bank of Japan. The former Governor, Shirakawa brought...
Last night, when previewing the most important macro event of the day – far more important than US retail sales which predictably tried to refute the gloomy reality reported by actual retailer...
The Atlanta Fed this morning revised its GDP growth estimate for the second quarter up to 2.8%–a substantially stronger projection for economic output vs. the virtually flat 0.5% gain in Q1 (sea...
The Census Bureau’s Advance Retail Sales Report released this morning shows that the seasonally adjusted sales series rebounded in April from its recent weakness. Headline sales came in at 1.3% ...
The Producer Price Index year-over-year inflation is zero. The intermediate processing continues to show a large deflation in the supply chain. The PPI represents inflation pressure (or lack thereof) ...
Another week of choppy market action and the end result was a move to “nowhere.” As I stated previously, the current action is either a consolidation process or a topping process. To wit: “...
Despite maintaining an overbought condition and despite the recent bearish posture of many sector pundits, the gold stocks have yet to correct more than 11%. Since the end of January the gold stocks h...
Retail sales jumped 1.3% in April following yesterday’s miserable stew of retail sales reports. Last evening ZeroHedge sarcastically tweeted After retailers reported abysmal earnings, it is only log...