We do not think the Fed will taper in 2013 and here’s why: 1. Neither of the Fed’s targets have been met: A. Unemployment rate drops below 7% AND (not or) B. Inflation rises to 2%. Actually, one could argue that deflation is more of a concern right now than inflation. 2. Yellen’s In, Bernanke’s Out: Another…
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The Five Characteristics of Successful Innovators Get Powerful Ideas Delivered To Your Inbox Tomas Chamorro-Premuzic | October 25, 2013 There is not much agreement about what makes an idea innovative, and what makes an innovative idea valuable. For example, discussions on whether the internet is a better invention than the wheel are more likely to…
The benchmark S&P 500 index vaulted above resistance today after the ice broke in D.C… This has happened several times this year and reiterates how strong this market is. If the recent lows hold, this will be another normal and healthy pullback in both size (% decline) and scope (weeks, not months). It will also…
Sign Up For Our Free Newsletter & Get Powerful Ideas Directly To Your Inbox The Lovely: The US Gov’t Shutdown… Seriously DC? Hollywood can’t make this up! Good: Markets haven’t imploded after the US Gov’t Shutdown…yet The U.S. ISM Chicago PMI rose to 55.7, topping estimates for 53. Read here The ISM manufacturing index jumped to…
October: This is one of the peculiarly dangerous months to speculate in stocks – Mark Twain Get Powerful Ideas Delivered To Your Inbox How Wild Is October for S&P 500 Index ? Lets define wildness , by looking at the monthly range , calculated as ( high-low)*100/average(high:low) , nothing but range% of the month . Below…
Join Our Free Newsletter & Get Powerful Ideas Delivered To Your Inbox Coutesty of WSJ By Josh Mitchell and Jeffrey Sparshott The U.S. government shutdown will halt releases of most official gauges of the economy. Private organizations produce some measures that could be used to track the economy, such as gauges from the Institute for Supply…
Government shutdown definition from Wikipedia In U.S. politics, a government shutdown is a situation in which the government stops providing all but “essential” services.[1] Typically, services that continue despite a shutdown include police,fire fighting, the National Weather Service and its parent agencies, medical services at federal facilities, the postal service, armed forces, air traffic management, and…
The Lovely: The circus in D.C. drags on… Good: Market is pulling back on light volume Eurzone business activity grew faster than expected in September Read here In China, the HSBC flash manufacturing PMI of small and medium size businesses hit a six month high of 51.2 in September Read here The S&P Case/Shiller index showed that…
Love how he simplifies a very complex subject: Source: https://www.youtube.com/watch?v=PHe0bXAIuk0&feature=youtube_gdata_player Enter Your Email & GET POWERFUL IDEAS & MARKET INSIGHTS DELIVERED DIRECTLY TO YOUR INBOX