ISM Manufacturing Index pulled back in December
The monthly report from the Institute for Supply Management (ISM) showed manufacturing slowed dramatically in December.
Read MoreThe monthly report from the Institute for Supply Management (ISM) showed manufacturing slowed dramatically in December.
Read MoreThe ADP employment report ended 2018 on a high note as companies add the largest number of workers in over a year in the month of December.
Read MoreWhile the partial government shutdown continues for the twelfth day, the first dose of economic data that we believe investors will focus on this week will be the ADP employment…
Read MoreWhile the data on new home sales continues to be delayed due to the partial government shut down, this morning we did get data on pending home sales from The…
Read MoreThe final look at consumer sentiment for 2018 was released this morning from the Conference Board and showed confidence is beginning to decline from cycle highs set just two months…
Read MoreThe Federal Housing Finance Agency (FHFA) House Price Index rose by 0.3% in October, matching the consensus estimate. This was slightly better than the 0.2% in September. The chart shows…
Read MoreHuman nature is very consistent – pain is the ultimate motivator for change, and a 20% market swoon in under three months has most tactical and historical indicators suggesting extreme…
Read MoreThe S&P 500 (SPX) dropped by 7% last week and broke through the bottom from late October through early December. That means the whole intermediate-term bottoming process will need to…
Read MoreFollowing a week that saw the S&P 500 drop 7% to 2018’s low, we look for any signs of stabilization. The markets are clearly telling the Fed they should not…
Read MoreDespite the market being on track for worst December performance since the Great Depression, the Michigan Sentiment Index moved higher. The final reading from the University of Michigan was released…
Read More