Small business confidence declined for the second month
The National Federation of Independent Businesses (NFIB) reported small business confidence fell to the lowest level since March.
Read MoreThe National Federation of Independent Businesses (NFIB) reported small business confidence fell to the lowest level since March.
Read MoreAs we said yesterday, this should be an interesting week. I am traveling to Montreal and Toronto this week to meet with clients and already feel like I should turn…
Read MoreDespite the wild volatility last week, the S&P 500 Index (SPX) only gave up 9 points for the week and closed at 2952.
Read MoreVery curious today on CNBC how the "IPO market is the worst since 1995" is being portrayed like it is negative. The Fed, economic and political drama remain similar -…
Read MoreGood luck trying to get ahead of all the data and events this week. Our focus will be to react to any outsized moves resulting from; (1) U.S. China trade…
Read MoreThe all-important monthly Jobs report and ISM readings came out this week, and the economic outlook is clear as mud – thick mud. Isn’t that the way it is supposed…
Read MoreThe September ISM Non-Manufacturing Index that measures sentiment on Services disappointed consensus expectations by dropping to 52.6 vs. the estimate of 55.0. Remember, anything above 50 suggests expansion, but the…
Read MoreIt really is hard to believe that just two days ago the market was bumping up against an all time high. In just two days the S&P 500 (SPX) is…
Read MoreThe recent bout of selling has brought our two most sensitive tactical indicators into oversold territory that should surround at least a temporary low:
Read MoreYesterday’s ISM Manufacturing Index saw a large drop to the lowest level of the past 10-years (Figure 1). In our view it represents evidence of what we already know –…
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