Domestic Economic Indicators 2/2/15-2/6/15 Monday 2/2 Personal Income and Personal Spending Personal Spending fell 0.3% which miss expectations of a 0.2% decline Personal Income rose 0.3% which was better than expected For the full year personal income is up 2.5% which is the biggest increase since 2006 PCE (Personal Consumption Expenditure) […]
On the state of domestic markets: The last week was a euphemism for the last month(6 months really) in equity investing, which has been filled with worry and questions. With the theme of overpriced equities holding true, many investors fear that the 7% pullback over the last month is the beginning of the end… that is, the end of an insolent […]
Bitcoin is a bit of an enigma. Luring the slow to wit investment reader into believing its viability. Let’s not forget that it lost half its value in one day in early December and still has the sharpest of money managers completely baffled. As its price rises after endorsements by companies like ZYNGA, who after […]
11/15/13 As the new Fed Chair’s comments to the Senate yesterday are digested by the market – we have initiated a Heavy SELL rating on anything Federal Reserve. Statements, outlooks, haircuts – etcetera. While we do expect more of the same rhetoric, it continues to baffle us. Common sense, logic, truth – we search and […]
11/14/13 Speculation this morning reaffirmed rumors that Janet Yellen’s position of near zero interest rates for the foreseeable future. Some saying through 2015, some saying 2017 – one thing is for sure, there will not be abrupt change in Federal Reserve policy. Gold has reacted positively to the news, taking back some of its […]
11/7/13 So, we’ve been out of it for a week due to travel or so but we’d like to get back on track with daily updates. Over the last two weeks we’ve been vehement on the medium term bullish signs in the market and the record highs to continue for both the S & P […]
