Michigan sentiment revised lower for May
The final reading for the May University of Michigan Consumer Sentiment Survey was released at 10am and as we expected, sentiment wasn’t quite as rosy as the initially reported.…
Read MoreTariff man drops UST yields
President Trump has proposed placing scaling tariffs on Mexico to stem the flow of illegal immigration. The tariffs are to begin with 5% on June 10 and scale to…
Read MoreIndividual investors are the most bearish since the first week of January
The Association of Individual Investors (AAII) reported the low level of bullish sentiment we saw last week remained basically unchanged this week.
Read MoreQ1 GDP revised lower but ahead of estimates
The second revision to first quarter Gross Domestic Product (GDP) was released by the Commerce Department this morning and showed the economy expanded at a 3.1% pace.
Read MoreMinor turbulence should be about over
When you are on a flight and there is a bit of turbulence, do you; (1) believe it is only minor and will be very brief, or (2) expect…
Read MoreFurther decline in bullish newsletter writer sentiment
Investors Intelligence reported bullish newsletter writer sentiment declined slightly in the latest poll to 49.0% from 49.5%, in the prior week.
Read MoreHigh volume sell-off as SPX retests 2,800
The S&P 500 Index (SPX) opened higher yesterday, but spent much of the morning session vacillating between positive and negative territory.
Read MoreConsumer confidence continued to improve in May
The Conference Board reported the Consumer Confidence Index moved higher in the latest survey.
Read MoreNot all turbulence gets severe
When you are on a flight and a bit of turbulence hits, do you; (1) believe it is only slight and will be very brief, or (2) expect it…
Read MoreNot all turbulence gets severe
When you are on a flight and a bit of turbulence hits, do you; (1) believe it is only slight and will be very brief, or (2) expect it…
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