from the New York Fed Results from the August 2017 Survey of Consumer Expectations show a mainly stable outlook. Inflation expectations were unchanged at the one-year horizon and decreased slightly at the three-year horizon. Employment and wage growth expectations signal continued strength of the labor market, while consumers’ expectations of year-ahead increases in taxes continue to rise. z sce.png The main findings from the August 2017 Survey are: Inflation Median inflation expectations were unchanged at the one-year horizon (at 2.5%), and decreased slightly at the three-year horizon (from 2.7% in July to 2.6% in August). Median i...
Been to a doctor lately? Did your doc order a slate of tests to diagnose your condition? Physicians aren’t the only ones concerned with analytic assays. Economists, for example, have been fretting over the so-called “Trump Bump” that developed last November: Is it a permanent condition or merely a temporary lesion that will resolve itself in short order? Luckily, the exchange-traded fund market provides some diagnostic tools that we can use to assess generalized stock strength. Case in point: Investors’ appetite for stock risk can be metered—oddly enough—by a ratio of two fixed-income ETFs. The iShares iBoxx $ High Yield Corporat...
Last week, former fund manager Rich Breslow made it clear that “the only thing standing between this being full-blown panic versus the frenetic gyrations we’re seeing is the central bank put.” He is, of course, correct. One glimpse at the following chart tells you all you need to know about ‘trading’ in these ‘markets’. However, as Breslow explains today, it’s not what central banks have done that matters… but what they’re about to do – and that may change the discussion dramatically… Via Bloomberg, I was reading a note warning traders to avoid focusing on what policy make...
This article discusses an unusual but interesting indicator I designed to gauge the background economic noise emanating from an economy and show how it impacts on sentiment and reflects key underlying trends. The chart comes from the latest edition of the Weekly Macro Themes where we also looked at the indicator for Europe and emerging markets. As with the usual format, here’s the chart and the methodology can be found below. Notice on the chart how the indicator has taken a turn downwards recently. The Economic Noise Index is designed to gauge background economic noise and expresses as either more positive noise or more negative no...
Written by Finbox.io United Natural Foods, Inc. (NasdaqGS: UNFI) shares have taken a big hit following news of Amazon’s acquisition of Whole Foods. However, this may be completely overblown leading to significant upside in the stock’s current share price. Either way, investors should expect to gain further understanding around the acquisition’s potential impacts when management reports earnings on Wednesday after the markets close. Why Shares Fell-Off The company’s shares last traded at $35.77 as of Friday, September 8, down 25% year-to-date and 13% since the company last reported mixed earnings on June 6th. In fact, a significant...
With the S&P 500 poised for an all-time closing high today, bulls are breathing a sigh of relief after what seems like forever since the S&P 500 last record close. The reality is that the last record closing high for the S&P 500 was a relatively recent 23 trading days ago. The chart below shows prior streaks for the S&P 500 where the index had consecutive closes without a new all-time high since April 2013 when the S&P 500 made its first record closing high for the current bull market. Shortly before the current streak, the S&P 500 went nearly twice as long without closing at a new high, and then in the period leadi...
Insmed Inc. Stock (INSM) Skyrocketed by a staggering 120% higher recently. According to Nasdaq.com, the Insmed Inc. stock advanced more than double in the pre-market trading after the company announced that its new drug, an inhaled antibiotic known as Alis, successfully treated patients with a rare lung disease. More specifically: Alis met the main goal in a late-stage study involving 336 adult patients with nontuberculous mycobacterial lung infections. According to Insmed, the addition of the drug showed statistically significant reduction in bacterial density by month six in 29% of patients, compared to just 9% in patients receiving the sta...
Home Depot (HD) is the one of world’s largest home improvement retailer. The company offers a level of service unprecedented among warehouse-style retailers. Home Depot stores cater to do-it-yourselfers, as well as home improvement, construction and building maintenance professionals. The Home Depot currently operates in the USA, Canada, Chile, Puerto Rico, and Argentina. The company also operates EXPO Design Centers across the U.S. and Villager’s Hardware in New Jersey. Lowe’s Companies Inc. (LOW) is a retailer of home improvement products in the world, with specific emphasis on retail do-it-yourself and commercial business...
Hello everyone, as I wrote in my article about General Electric (GE) a couple of days ago I am seeing a potential buy in this stock in the next couple of days. So I finally did invest some money in that company. For me, it is a good investment at the moment although future growth will not be that big. After all, I bought 95 shares at a price of 24.58 USD, this makes it a yield of 3.90%. It will add 91.20 USD to my annual dividend income, considering a dividend of 0.96 USD. How much dividend income am I expecting in the future As you can see above with a stable dividend increase of 2.0% per year, the dividend income will be on a stable ...