June Macro Slide Deck
Raising our 2018 SPX estimates and target and initiating our 2019 outlook. We are raising our 2018 estimated S&P 500 Index (SPX) operating earnings per share (EPS) from $155/sh to $160/sh.…
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.
U.S. job openings made another new record in April
The monthly JOLTS report (Job Openings and Labor Turnovers Survey) released by the Bureau of Labor Statistics (BLS) this morning shows there continues to be an abundance of jobs available…
Read MoreThe economic week ahead
Find out what key economic data and macroeconomic events will move the markets this week.
Read MoreStrong jobs report boosts S&P futures
The Labor Department reported that nonfarm payrolls rose by 223k in May, well ahead of consensus expectations of 190k.
Read MoreSlight miss on Q1 GDP
The second revision to first quarter Gross Domestic Product (GDP) was released by the Commerce Department this morning and showed the economy expanded 2.2%.
Read MoreConsumer confidence rises in May
Our second survey for consumer confidence for the month of May was released this morning. This time it was from the Conference Board and their survey showed the Consumer Confidence…
Read MoreEuropean CDS Index indicator extreme
There is a definite risk-off feel to the markets on the back of political turmoil in Italy. The recent election and Finance Minister appointment are renewing fear that the Eurozone’s…
Read MoreA big economic week ahead
What matters? Friday looks like a really big day, with the release of key manufacturing and payroll data. (Estimates are consensus as published by Bloomberg unless otherwise indicated)
Read MoreManufacturing activity survey rises to a new record
Manufacturing activity continued to expand at a rapid pace in the western states.
Read MoreHome prices rise in March but miss estimate
The FHFA House Price Index rose by a meager 0.1% in March, missing the 0.6% consensus estimate.
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