Consumer Sentiment drops to 11 month low
The University of Michigan Consumer Sentiment Survey was released this morning and the preliminary read showed sentiment fell to 95.3 in August, from 97.9 in July.
Read MoreThe University of Michigan Consumer Sentiment Survey was released this morning and the preliminary read showed sentiment fell to 95.3 in August, from 97.9 in July.
Read MoreIt is interesting how when econ numbers are strong, they are considered negative due to inflation and Fed, and when they come down a little they are considered negative because…
Read MoreThe Consumer Sentiment release highlights the end of a busy week data wise and we are expecting yet another strong reading. While investors focus has remained on trade wars and…
Read MoreFollowing a weaker than expected report on Housing Starts in June, the report for July also came in below expectations.
Read MoreThree data points are due out on Thursday, highlighted by the Philadelphia Fed Business Outlook release, which is expected to reach two-plus year lows. In other news, Housing Starts are…
Read MoreFinally starting to get a little more volume to the downside. Thus far today, 83% of NY Stock Exchange volume has been to the downside. Typically, 1-2 days of 90%…
Read MoreThe second quarter of 2018 saw a healthy increase in U.S. nonfarm productivity.
Read MoreWednesday will feature three major economic data reads, starting with Retail Sales and Nonfarm Productivity at 8:30 A.M. and wrapping up with Industrial Production at 9:15 A.M. Current expectations are…
Read MoreYesterday the number of declining stocks in the S&P 500 Index (SPX) outnumbered the number of advancing stocks by a ratio of 2.1 to 1.
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