The week ahead is a short one for the financial markets, and it is a light one for US economic indicators. But…
In the commodity pits, traders often say: "The best cure for high commodity prices is high commodity prices." That'…
Some widely followed technical and sentiment indicators suggest that the stock market is oversold and due for a rally. Consider the following:…
Below is the front cover of the latest Bloomberg Businessweek. It should be a very bullish contrary indicator for the stock market.…
The S&P 500’s forward P/E fell to 15.4 on Friday from just over 20.0 at the…
This was one of the worst weeks in one of the worst years, so far, for the stock market. Of the 100+…
There was a tiny hint of a manufacturing recession in May's industrial production index, which was reported today. It is…
Ground control to Major Tom: "Have you heard that the US economy is falling into a recession?" Like David Bowie&…
Two regional business surveys, conducted by five of the 12 Federal Reserve Banks, are now available for the New York and Philadelphia…
May's retail sales was weak in current dollars (-0.3% m/m) and even weaker in real dollars (-1.6%…
The Bull/Bear Ratio (BBR) remains bearish. It has been bouncing around 1.00 since late February. During the bull market from…
Inflation is depressing, and it is depressing everyone—including consumers, business people, and investors in stocks and bonds. For example, consider May’…
