The Economic Week Ahead, October 29th
Following a hectic and volatile week last week, there are several major economic data releases along with many key earnings releases this week that could help drive the markets forward…
Read MoreFollowing a hectic and volatile week last week, there are several major economic data releases along with many key earnings releases this week that could help drive the markets forward…
Read MoreThe first look into the 3rd quarter Gross Domestic Product (GDP) was released by the Commerce Department this morning and showed the economy expanded at a 3.5% pace
Read MoreThe sharpness of the drop over the past three weeks is breathtaking, and likely to get worse on the back of some Tech earnings releases. We anticipated a correction to…
Read MoreHighlights Stocks bounced yesterday However, the bounce was on only modestly high volume, making it likely the Wall Street buyback desks will need another catalyst to prompt them to…
Read MoreTwo housing reports were out today that showed home prices continued to gain ground, but the number of New Home Sales continued to trend lower.
Read MoreIn mid-September, we believed the market was ripe for volatility due to an extreme overbought condition, excessive bullishness, and historically low volatility. In early October, it became even more evident…
Read MoreAs the markets remain highly volatile and hunt for an intermediate-term low, there are several key pieces of economic data due out this week, starting with New Home Sales on…
Read MoreExisting Home Sales, (which counts the sales of previously owned homes) declined -3.4% on a month-over-month basis to seasonally adjusted annual rate of 5.15m in September, below the consensus estimate…
Read MoreOver the past 60 years and through seven economic cycles, we have found that only a shutdown of credit availability has the power to generate a recession, which only takes…
Read MoreThe U.S. Leading Economic Index (LEI) rose 0.5% for September, up from 0.4% in August and matching estimates of 0.5%.
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