You decide! Today’s jobs announcement as reported by the Establishment Survey (CES) suggests a stark slowdown in new hiring compared to the average trend. Conversely, the Household Survey (CPS) seems to argue a continuum of the job growth story. Unquestionably, the overall employment expansion was stymied from the Government Shutdown. Also, I suspect C-Suite decision
read more Job’s Report Reversal or not?Retail sales declined significantly in December. Is recession looming?
Retail sales fell -1.2% last month, the worst December of the economic expansion, online sales declined by -3.9%. CNBC, MarketWatch, Reuters, WSJ, NYT, and forecasters inferred and inked grim warnings about the contraction in consumer spending. I decided to take a closer look. Historically, when there’s palpable fear in the air, consumers tighten their belts.
read more Retail sales declined significantly in December. Is recession looming?Are Stocks Overvalued?
https://www.equities.com/news/will-stocks-sink-from-here?fbclid=IwAR2Cd9fY6VaKhe1Osc7ldZm3tdtE35uo8cbMaCmhyByBAiS6h96W3g-VRLM
read more Are Stocks Overvalued?#PositiveNews Initial unemployment claims fell to 199,000, or 0.06% of the total U.S population.
#PositiveNews Initial unemployment claims fell to 199,000, or 0.06% of the total U.S population. This is the lowest percentage of people applying for unemployment insurance in the report’s 52-year history. Simply, more Americans are working hard versus hardly working.
read more #PositiveNews Initial unemployment claims fell to 199,000, or 0.06% of the total U.S population.Forward P/E ratios and subsequent 10-year returns
#Investors — Here is an interesting scatter plot chart posted on Daily Shot. They say a picture is worth a 1000 words or dollars, that certainly is the case in this graph, issued by JP Morgan.
read more Forward P/E ratios and subsequent 10-year returns