Best week for Consumer Discretionary in 7-years
The sharp rebound in equities has pushed every S&P sector higher for the week. Consumer discretionary stocks are doing especially well, the sector is up 6.2% for the week and…
Read MoreThe sharp rebound in equities has pushed every S&P sector higher for the week. Consumer discretionary stocks are doing especially well, the sector is up 6.2% for the week and…
Read MoreThe monthly data on Personal Consumption Expenditures (PCE) for October, rose 2.0% y/y, matching the 2.0% in September.
Read MoreWednesday saw the markets surge after Jerome Powell softened his stance at a noon-time speech in New York City. His comments were interpreted as more dovish, citing that the economy…
Read MoreAs we suggested last week, today’s report from Investors Intelligence showed bullish sentiment continued to decline in the latest poll.
Read MoreThe second revision to third quarter Gross Domestic Product (GDP) was released by the Commerce Department this morning and showed the economy expanded at a healthy 3.5% pace.
Read MoreHighlights The junk bond market has been shrinking for nearly three years as issuers and investors opt for different structures Overall credit growth continues to outpace economic growth as…
Read MoreThe markets closed higher for a second consecutive day to start the week on Tuesday, and Wednesday features a pair of significant data releases as well as a speech from…
Read MoreAlthough there are plenty of fundamental excuses for the retest of the October low last week, we continue to believe it is all part of the bottoming process playbook we…
Read MoreThe Conference Board reported that the Consumer Confidence Index declined for the first time in five months.
Read MoreTwo housing reports were out at 9am this morning that showed housing prices continued to increase, but the pace continues to slow. The Federal Housing Finance Agency (FHFA) House Price…
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