New York manufacturing declines
The Federal Reserve Bank of NY reported a big decline in the Empire State Manufacturing Index. For the month of January, the index declined to 3.9 from a revised 11.5…
Read MoreThe Federal Reserve Bank of NY reported a big decline in the Empire State Manufacturing Index. For the month of January, the index declined to 3.9 from a revised 11.5…
Read MoreBrian Reynolds, in his column below, highlights how the corporate debt new issuance has not only thawed, but has thawed aggressively.
Read MoreHighlights The credit boom remains intact Charter’s bond deal indicates that most companies can borrow money to buy back stock
Read MoreFollowing a Monday which saw the market’s rally stall following the 11% reflex rally off the Christmas Eve low, Tuesday will feature the first major economic data release of the…
Read MoreWith Monday trading underway and featuring the S&P rallying from early morning lows, this week features a major economic data release every day excluding today. Our stance, which we highlighted…
Read MoreHighlights Our analysis of corporate tax payments indicates that companies are likely going to beat expectations this earnings season by a smaller margin than has been the case for…
Read MoreWe are currently in tactical and fundamental no-man’s land. Tactical backdrop: Market reached intermediate-term oversold enough in non-recession crash to suggest the 12/24 low should be “the” low History…
Read MoreAfter poor performance in 2018, small and mid-cap stocks have been outperforming larger-cap stocks so far in the first two weeks of January.
Read MoreThe Consumer Price Index data (CPI) released today from the Bureau of Labor Statistics was spot on with the consensus estimates.
Read MoreWith the S&P up over 2% so far this week, we have begun to see our reflex rally play out as the market is now up over 10% since bottoming…
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