Construction spending rose more than expected in November. Revisions add to the gains. Here are some highlights from the Census Bureau’s Monthly Construction Spending Report for November 2017....
The start of a new year always brings a deluge of tips from Wall Street analysts trying to pick the winners for the year ahead. Bank of America’s team of quant strategists, led by Savita Subramania...
As we discussed a few weeks ago, being a pension investor these days has absolutely nothing to do with “investing” in the traditional sense of the word and everything to do with gami...
When we talk about winners and losers in Euroland as I did in yesterday’s post, the natural question is, “how can you make everybody a winner?”. And I think this is important while Eurolan...
Note: The charts in this commentary have been updated to include the latest monthly data. Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly ...
While we all know that U.S. interest rates have, by and large, been in a downward trend since the early 1980s, over the past few years market participants have begun to think about positioning portfol...
Midstream oil firm Tallgrass Energy Partners, LP (TEP – Free Report) has recently reported that the partnership has agreed to make two acquisitions through its subsidiary, Tallgrass Terminal...
Tomorrow we get three big earnings reports to start the New Year and the fourth quarter reporting season, which roughly reflects company performance from October – December 2017 (varies by compa...
Point forecasts are evil. Economists are asked to make point forecasts, and they oblige. But it’s a dumb thing to do, and they know it. Practitioners, who should know better, rely on these point for...