Monday tactical indicators update
The S&P 500 Index (SPX) had another positive week and gained +0.73%, to close at a new all-time high on Friday. The SPX his risen in 9 out of the…
Read MoreMacro & Economic
Tony is best known for the practical application of macro data. He will use his 30 years of experience to evaluate what data matters and how you can apply it to your investment process.
Retail sales below estimates
The advance retail sales data was up but below what was expected in November.
Read MoreOECD reinforces global inflection view – Slide deck chart update
What a difference a year makes. It was at the December FOMC meeting a year ago the Fed raised rates despite clear evidence they should have cut rates, and the…
Read MoreHeadline CPI data higher than expected but still tame
Ahead of the FOMC announcement at 2:00pm ET, this morning the Bureau of Labor Statistics reported data on inflation.
Read MoreFurther improvement in Small Biz confidence
Small business confidence climbed for the second month in November.
Read MoreDecember Macro Slide Deck- Raising 2020 SPX Target
We are raising our 2020 S&P 500 (SPX) target from 3,350 to 3,440.
Read MoreMichigan sentiment was better too
The University of Michigan Consumer Sentiment Survey was released at 10am and the three components of sentiment moved higher and beat expectations for December.
Read MoreBlowout November NFP report
After a better than expected October jobs report, the November data was a blowout.
Read MoreU.S. Service sector growth cooled in November
On the heels of Monday’s weaker than expected ISM Manufacturing report, today the ISM Non-Manufacturing report was below expectations as well.
Read MoreA big miss on the ADP payrolls report
ADP reported that private payrolls at U.S. companies increased by only 67k in November, well below the consensus estimate of 135k and the smallest increase since May.
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