Real Wage Growth & Election Risk
Higher inflation won’t cause the Fed to hike rates, in fact It’s more likely to cut them, while real wage growth fell, yet consumers are still confident
Read MoreFeb 14, 2020
Higher inflation won’t cause the Fed to hike rates, in fact It’s more likely to cut them, while real wage growth fell, yet consumers are still confident
Read MoreFeb 13, 2020
Stock based compensation as a percentage of revenues should be reviewed if you are looking at the adjusted earnings of a tech/growth firm.
Read MoreFeb 12, 2020
Job openings were lowest since December 2017, and had the largest negative surprise ever, while the Fed will continue to support the labor market (dovish).
Read MoreFeb 11, 2020
If not for the coronavirus, the dominant discussion on Wall Street would be on the cyclical turnaround as consumers are very confident (too confident?).
Read MoreFeb 10, 2020
April 2018 to March 2019 job creation was revised lower by 514,000 allowing the record long streak of positive job creation to barely continue.
Read MoreFeb 7, 2020
Consumers aren’t worried about the economy even thought the Challenger jobs cuts report spiked in Jaunary and is out of sync with most economic data.
Read MoreFeb 6, 2020
The ISM non-manufacturing PMI increased helping the narrative of economic growth, however the BLS report will probably show lower job creation.
Read MoreFeb 5, 2020
This article discusses consumer financial health, housing affordability, coronavirus impact on markets, plus primary and election probabilities.
Read MoreFeb 4, 2020
The manufacturing sector is probably turning around positively, but that far from guarantees future stock returns will be great.
Read MoreFeb 3, 2020
If you want to understand why inequality is an issue in the 2020 election, look at the savings rate by wealth and the stock ownership of the bottom 50%.
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