Retail Sales and the Economy

by Laura Ehrenberg-Chesler on February 20, 2019 in Economic Indicators

December retail sales were disappointing. Investors are concerned that this may presage a slowing economy in the near future. But after those sales numbers were reported, some additional data was released that may contradict the growing concern about a near term slowdown. Goldman Sachs recently reported that “several of the fundamental drivers of consumer spending, […]

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Good News Bad News for S&P Earnings

by Laura Ehrenberg-Chesler on February 7, 2019 in Commodities

A few days ago Ed Yardeni gave a summary of some good news as well as some bad news as it pertains to S&P earnings. All of these points are worth monitoring on an ongoing basis. On the good news side there is: (1) “Rebounding M-PMI. The good news is that the US M-PMI rebounded […]

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Confidence Boosters for the Market

by Laura Ehrenberg-Chesler on January 28, 2019 in Earnings

For the fourth quarter of 2018, and into the month of January 2019, the market has been worried about slowing growth and the possibility of a recession. Earnings reports have been mixed, with several large multi-nationals reporting disappointing numbers. Ed Yardeni articulates a few things that could bolster the confidence of the market over the […]

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Mexico’s New Foreign Policy: A Return to the Past – courtesy of Geopolitical Futures

by Marilou Moursund on January 16, 2019 in Brexit

I think it is interesting that we tend to pay more attention to Europe and the UK rather than what is going on right to the south of us.  Many of the same issues revealed by the Brexit vote, the Yellow Vests in France, and the election of populist leaders around the world are also […]

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Corporate Buybacks vs. Capital Spending

by Laura Ehrenberg-Chesler on December 20, 2018 in capital spending

There has been a lot of chatter this year about corporations buying back their own stock rather than investing in their businesses. On Tuesday, Ed Yardeni debunks this myth with facts. “True Story III: Capital Spending at Record High. Another widely held view is that corporations aren’t spending enough on plant and equipment because they’re […]

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No sign of Credit Crunch at Banks

by Laura Ehrenberg-Chesler on December 18, 2018 in Economic Indicators

With all the worry about the inverted yield curve and a potential recession, it was a relief to read Ed Yardeni’s piece this morning about banks, lending, and the yield curve. From Ed Yardeni: “So what really matters is the net interest margin of the banks. Consider the following: (1) Interest margin. Data available for […]

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Thanksgiving story on Successful Managers

by Laura Ehrenberg-Chesler on November 28, 2018 in Tribute

In case you missed this story from the WSJ on November 25: “By year two, as William Bradford’s long-odds startup finally stepped back from the brink of oblivion, he decided to hold a mandatory, three-hour staff meeting. This wasn’t a party, an operational review or hackathon. The only item on the boss’s agenda that morning […]

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Rising Inventories Hit Oil Price

by Marilou Moursund on November 27, 2018 in Energy

The price of oil has tumbled in the last month from the mid-$70s to $51 this morning.  The Wall Street Journal has a good article today about all the factors affecting the price of oil.  From the linked article: What sparked the reversal? Investors and oil traders had a sudden rethink about how much oil […]

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Jim Cramer on Slowing Economy

by Laura Ehrenberg-Chesler on November 16, 2018 in Credit Crisis

Jim Cramer; from comments today posted on the CNBC website: “There are degrees of slowdowns that, nonetheless, can cause an awful lot of havoc and cost a lot of jobs, and that’s what we’re on the verge of here,” he said. “That’s what the markets are saying. That’s what the CEOs are worried about offline.” […]

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Ed Yardeni turns more cautious

by Laura Ehrenberg-Chesler on November 14, 2018 in Commodities

Ed Yardeni has been bullish for the better part of the most recent bull market. He recently turned more cautious due to the Federal Reserve raising rates, a slowing global economy, the China trade impasse, and domestic politics. From his research today: “On balance, Trump’s policies have boosted economic growth and further tightened the labor […]

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