Warren Buffett Invests Like a Girl

by Marilou Moursund on March 1, 2018 in Investment Strategies

In this Bloomberg article titled “The Next Warren Buffett Will Be A Woman“, the author lays out research that shows how women invest and compares their personality traits to those of Warren Buffett.  The author contends that women are more patient, not prone to panic, and have less of a tendency to be overconfident.  These […]

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Digitization and Good Policies can drive Productivity Gains

by Laura Ehrenberg-Chesler on February 26, 2018 in Economic Indicators

From the “Wall Street Journal” today: “Digitization isn’t the only factor economies could embrace to unlock productivity growth. The report calls for policies to encourage education, businesses investment and the purchasing power of low-income consumers. Rising income inequality since the mid-2000s has been a constant, if moderate, drag on demand, according to the report. If […]

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Bonds Sell Off after Release of Fed Minutes

by Marilou Moursund on February 21, 2018 in Bonds

The yield on the 10 year Treasury jumped from 2.88% this morning to 2.96% this afternoon after the Federal Reserve released its minutes from the January meeting.  Fed officials increased their outlook for both growth and inflation in January.  From the linked Wall Street Journal article: Fed officials late last month believed the economy was […]

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Falcon Heavy Rocket Flies Like an Eagle – courtesy of Stratfor

by Marilou Moursund on February 7, 2018 in Space exploration

The SpaceX launch of its Falcon Heavy rocket yesterday is very exciting news for the future of space exploration.  From the linked Stratfor article: SpaceX’s process of disrupting the space industry remains long and prosperous. The private company has successfully launched its Falcon Heavy rocket, sending its “payload” spacecraft, which in this case carries founder Elon […]

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Earnings led Melt Up

by Laura Ehrenberg-Chesler on January 29, 2018 in Earnings

As Ed Yardeni stated this morning in his daily research piece, most market “melt-ups” are led by a P/E expansion. The current “Melt Up” is being led by an earnings expansion. From Ed Yardeni: “The short answer to the meltup question is that the stock market is in a meltup, in our opinion; but as […]

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Economy will benefit from Tax Reform

by Laura Ehrenberg-Chesler on January 26, 2018 in Employment

Many companies are now announcing various ways the new tax reform bill will stimulate capital spending and therefore the economy. This is helping to lift industry and their employees beyond the immediate bonuses. From well known companies like Apple and Kimberly-Clark to lesser known companies like Amicus Therapeutics, there is a rush to bring money […]

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Truck Shortage is Another Indicator of the Strong Economy

by Marilou Moursund on January 24, 2018 in Economic Indicators

The Wall Street Journal had an interesting article today about the shortage of trucks in the U.S.  From the linked article: Several factors have converged to overwhelm the trucking market. Freight volumes in December hit near-record levels for that time of year, on the back of a strengthening economy. Retailers are replenishing stocks after one […]

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Expectations for Earnings heading Up; Valuations stay Reasonable

by Laura Ehrenberg-Chesler on January 16, 2018 in Earnings

Stocks prices have been on a solid upward trajectory as we all know but, so have earnings estimates. This is from Ed Yardeni today: “(1) 2018 and 2019. The Tax Cut and Jobs Act (TCJA) passed at the end of last year is already boosting earnings estimates. Joe reports that analysts’ consensus estimates for S&P […]

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U.S. Manufacturing Has Strongest Year Since 2004

by Marilou Moursund on January 4, 2018 in Earnings

Manufacturing data confirms the strong earnings that companies have been reporting.  The factory index came in at 59.7(readings above 50 indicate expansion), and the new orders index at 69.4 is the highest in 14 years.  From the linked Bloomberg article: The survey-based measure of factory activity — the year’s second-highest behind September, when storm-related supply […]

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Fed Hikes Rates a Quarter Percent

by Marilou Moursund on December 14, 2017 in Employment

As was widely expected, The Federal Reserve raised rates yesterday by a quarter of a point.  From the linked Bloomberg article: Federal Reserve officials followed through on an expected interest-rate increase and raised their forecast for economic growth in 2018, even as they stuck with a projection for three hikes in the coming year.  “This […]

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