Brain Cramp from “trader dude”
Introducing “trader dude.” One of the more well read and savvy guys on the desk throws me comments on market related topics when the trading community begins reacting more aggressively. …
Read MoreIntroducing “trader dude.” One of the more well read and savvy guys on the desk throws me comments on market related topics when the trading community begins reacting more aggressively. …
Read MoreIndustrial Production for the month of May and BOJ decision highlights the end of a very busy week.
Read MoreThe Advance Retail Sales data for the month of May was released this morning by the U.S. Census Bureau.
Read MoreThe U.S. economy has never gone into recession right after small business confidence hit a cycle high
Read MoreThe Fed raised interest rates by a 0.25% (25 basis points) this afternoon, taking the target Federal Funds rate to 1.75% - 2.00%.
Read MoreThe Bureau of Labor Statistics (BLS) reported this morning that the May Producer Price Index (PPI) rose 3.1% year-over-year, above consensus expectations which had called for a rise of 2.8%.
Read MoreThe FOMC announcement and PPI report highlight a busy Wednesday ahead.
Read MoreThe market correlates most directly to the direction of EPS. Current expectations are calling for S&P 500 (SPX) EPS growth of over 22% in 2018, with further growth expected entering…
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