The Economic Week Ahead, October 22nd
As the markets remain highly volatile and hunt for an intermediate-term low, there are several key pieces of economic data due out this week, starting with New Home Sales on…
Read MoreAs the markets remain highly volatile and hunt for an intermediate-term low, there are several key pieces of economic data due out this week, starting with New Home Sales on…
Read MoreThere was a wide divergence between the performance of the S&P 500 Consumer Discretionary (CD) and Consumer Staples (CS) Sectors this week.
Read MoreExisting Home Sales, (which counts the sales of previously owned homes) declined -3.4% on a month-over-month basis to seasonally adjusted annual rate of 5.15m in September, below the consensus estimate…
Read MoreWall Street's biggest bull: The market is 'inappropriately' pricing in a potential recession
Read MoreOver the past 60 years and through seven economic cycles, we have found that only a shutdown of credit availability has the power to generate a recession, which only takes…
Read MoreHappy Friday! Today will be the lightest day of the week for economic data, as the Existing Home Sales for September is the only report expected. Of the ten S&P…
Read MoreThe U.S. Leading Economic Index (LEI) rose 0.5% for September, up from 0.4% in August and matching estimates of 0.5%.
Read MoreDespite the S&P 500 Health Care sector’s price being down today, the relative performance of the sector vs. the S&P 500 Index is at a new 52-week high.
Read MoreThe report out today from Investors Intelligence showed a sizable drop in bullish newsletter writer sentiment.
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