Elevated inflation and strong activity and jobs numbers have pushed market expectations for the timing of the first interest rate cut to December. We still see an opportunity for a September rate cut...
Image Source: Pixabay The gold stocks’ latest earnings season is just getting underway and should prove fantastic. The miners are set to report their most profitable quarter in years, primarily dri...
The Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) are firmly higher this afternoon, as both indexes cruise toward weekly wins, the latter’s first in five weeks and best since No...
Image Source: Pexels Intel Corp (Nasdaq: INTC) is down well over 35% versus its year-to-date high but a Goldman Sachs analyst still doesn’t see it as a bargain. Intel stock has limited upside fro...
Image Source: Pixabay With Q4 / fiscal year reports always delayed, the gap between those and Q1 reports always seems really short. And here we are already, back into Q1 earnings season! We have our ...
Image source: Pixabay The wizards at the Fed and US Treasury have been forced to acknowledge that their “transitory,” inflation is, in fact, quite “sticky”. And with the inflation eleph...
We kicked off the day with Core PCE Price Index MoM & YoY, PCE Price Index MoM & YoY, Personal Income, and Personal Spending at 7:30 A.M., Michigan Consumer Sentiment Final, Michigan 5-Year In...
Consumers went on a bit of a spending spree in March according to the BEA’s Personal Income and Outlays Report. Income Disposable personal income (DPI), personal income less personal current taxe...
Image Source: Pexels S&P 500 Aggregate Estimates and Revisions The 24Q1 Y/Y adjusted blended earnings growth estimate is 8.7%. If the energy sector is excluded, the growth rate for the index...
Personal income and spending has become one of the two most important monthly reports I follow. This is in large part because the big question this year is whether the contractionary effects of Fed ti...