Incomes and spending surge in Oct.
The monthly data on Personal Consumption Expenditures (PCE) for October, rose 2.0% y/y, matching the 2.0% in September.
Read MoreThe monthly data on Personal Consumption Expenditures (PCE) for October, rose 2.0% y/y, matching the 2.0% in September.
Read MoreThe second revision to third quarter Gross Domestic Product (GDP) was released by the Commerce Department this morning and showed the economy expanded at a healthy 3.5% pace.
Read MoreHighlights The junk bond market has been shrinking for nearly three years as issuers and investors opt for different structures Overall credit growth continues to outpace economic growth as…
Read MoreAlthough there are plenty of fundamental excuses for the retest of the October low last week, we continue to believe it is all part of the bottoming process playbook we…
Read MoreThe Conference Board reported that the Consumer Confidence Index declined for the first time in five months.
Read MoreTwo housing reports were out at 9am this morning that showed housing prices continued to increase, but the pace continues to slow. The Federal Housing Finance Agency (FHFA) House Price…
Read MoreFollowing the short trading week that saw one of the worst performances during a Thanksgiving period, we continue to expect short-term volatility – in both directions – as the retest…
Read MoreFirst and foremost, the Dwyer Strategy Team would like to wish you a very safe and Happy Thanksgiving. We are very grateful for your interest in our site, and will…
Read MoreThis is how the painful retesting process works. It currently seems like nothing can go right for the market, yet this is what typically happens in the intermediate-term bottoming process…
Read MoreHousing Starts for the month of October rose 1.5% from September to 1228k, matching consensus expectations.
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