The constituents of the S&P 500 are wrapping up an extremely strong 4th quarter earnings season. Even before tax reform kicks in, corporations reached record operating profit margins at 10.4%. ...
Ok, dammit. One of the things that’s been bugging the hell out of me for at least two years is the prospect of active mutual funds using HY ETFs as a liquidity sleeve or, more to the point, as what ...
from the St Louis Fed — this post authored by Julie Stackhouse On Feb. 6, the Wall Street Journal published a startling statistic: Between June 2016 and June 2017, more than 1,700 U.S. bank bra...
Last month, the US accomplished a historic achievement: thanks to soaring shale production, America surpassed Saudi Arabia as the world’s second largest oil producer, pumping over 10 million bar...
This week the “Chart of the Week” is focused on the outlook for China’s property market. The Chinese property market is perhaps one of the most important markets in the world, if not...
Market Outlook March is actually a pretty good month. February on average is the third-worst-performing month for the S&P 500 going back to 1945, as Sam Stovall, chief investment strategist at CF...
As Italians voted over the weekend, polls highlighted how divided the country was. The country is split between populists with anti-migrant views, euro-skeptics and a centrist coalition led by an oc...
Remember those quaint notions of policy uncertainty holding back growth? Well, what to make of recent moves in uncertainty and risk indices, given all the talk of trade wars? Figure 1: US daily Econo...
Market Analysis The upcoming March World Production and Supply/Demand revisions will be released on March 8. The USDA hasn’t traditionally made many changes in their US & World Supply/Demand re...
Here is a summary of the four market valuation indicators we update on a monthly basis. The Crestmont Research P/E Ratio (more) The cyclical P/E ratio using the trailing 10-year earnings as the diviso...