Core PCE ticks higher
The monthly read on the Fed’s favorite data point on inflation, the Core PCE, ticked higher in March to 1.9% y/y, from 1.6% in February
Read MoreSurprising component of GDP
Most people don’t realize that Healthcare Services makes up 12% of the 69% of US Gross Domestic Product categorized as Personal Consumption.
Read MoreMaybe market is discounting caution instead of optimism
We continue to believe the market has limited downside risk from current levels. S&P 500 (SPX) operating EPS are blowing away expectations, and the market is currently down roughly 10%…
Read MoreNew low for Initial Jobless Claims
Initial Jobless Claims dropped to the lowest level in over 48 years last week.
Read MoreSentiment getting pretty nervous
The recent weakness in some key stocks and move in indices back down to the 200-day moving average is picking up fear the markets have seen their peak.
Read More% Bulls increase for the second week
The latest Investors Intelligence report shows newsletter writers were more bullish last week.
Read MoreExcuses, excuses, excuses
The market slide today is being blamed on a rise in long-term interest rates, a weak treasury auction and a reversal in the industrial space.
Read MoreNew Home Sales beat estimates
New Home sales data came in better than expected, rising to 694k for the month of March, above consensus expectations of 530k.
Read MoreEarly Q1 EPS & tactical outlook solid
Q1/18 EPS estimates are off to a great start. With 10% of S&P 500 (SPX) companies having reported, we thought it would be good to highlight current EPS estimates for…
Read MoreNewsletter writer “Bulls” and “Bears” increase last week
The latest Investors Intelligence report shows newsletter writers were a bit more bullish last week.
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