“If such and such, jumped off a cliff; Would you?” The peer pressure talk I received several times as a kid, and most likely will be repeating verbatim to my kids soon enough. Yesterday in the capital markets, peer pressure…
Given the negative economic reports and general over all negative tone towards many parts of the developing worlds, mainly the US and the UK, if one had to close their eyes and guess what the total loss for the capital markets in August…
Last night, just before my house hopefully goes dark, (finishing first full week of school), as usual, I scrolled through the evening news stories for a last glance at what was on deck for this Friday. Reuters leads with “GDP number…What will Bernanke’s…
The Employment Report, due out tomorrow may be one of the most important recent economic reports we have received in some time, for some not so obvious reasons. Here is the set up: We are at the tail end…
This morning, the Eurozone Manufacturing PMI, a reading based on data from Germany, France, Italy, Spain, Ireland, Austria, Greece and the Netherlands came in stronger than expected. The Euro region has been a major worry going back to the Greek crisis which hit…
Home Resales rose 7.6% as sales surged 22% from last year–(Some inflation from the expiring tax credit) Oil prices have dropped to under $70 a barrel, with pump prices most likely to follow. NABE: National Assoc for Business Economics, raises…
Today the FOMC (Federal Open Market Committee) better known as the “The Fed,” concludes their two day meeting with a public interest rate, and economic announcement at 2:15 Eastern Time. We expect no significant changes in the Fed’s statements today,…
As we stated in an earlier post, with earnings season (90 day treadmill) mostly finished, the clues for our progress lie in the economic numbers, with extra focus on the employment situation. This morning the Labor Department released the Unemployment report which…
Our headline today represents our humorous take on the levels of the capital markets as we enter the third month of the year with little forward movement in most areas, which is fine by us. The S&P 500, our favorite domestic…
Last night in an event at the Belo Mansion in Dallas, Texas, several speakers as mentioned earlier, were present to give their views on the economic and capital market situation. As current president of the CFA Dallas-Fort Worth Society, I…
