Posts By: xcite

Unemployment data decrypted

This past Friday we saw the unemployment rate fall to 6.7%, its lowest level since October of 2008.  That’s reason to celebrate, right?  Wrong!  It’s kind of like when you ask your wife if it’s okay to go to bar with your friends and she says “If that’s what you…
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If emerging markets jump off a bridge will the US follow??

This last week we saw the US markets shutter in response to concerns over emerging markets (EM) growth prospects.  China’s Manufacturing PMI fell from 50.5 to 49.6 in December (less than 50 indicates contraction).  The big question is not about the shutter, but rather the continued implication of an EM…
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5 Years of Growth

Over the last 5 years we have seen the Dow Jones index grow from a low of 6547.10 on 03/09/2009 to a recent high of 16,576.66 on 12/31/2013[2].  Quite frequently our scope can become narrowed to the current view of what’s going on, but sometimes it’s good to look back…
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So… How ’bout that weather?

In recent weeks I find myself day dreaming about market data whenever I start having the obligatory weather conversation with an acquaintance.  I’m not trying to be rude, but it seems that much of our current economic data has been impacted by the recent stretch of bad weather we’ve experienced……
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The good, the bad, and the non-existent

Domestic stock prices fared well last week despite a mixed bag of data.  We saw positive PMI, consumer debt, and leading indicator data.  While we saw negative housing data, and inflation that continues to be a non-factor.  Being a non-factor is actually deceiving and we’ll take a look at its…
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Psychosis of the market

There were negative results and news across much of the economic calendar, however the markets reached new highs last week.   Economic data pointed to a sluggish early 2014 with downward revisions to Q4 ’13 GDP, weak jobs data, issues developing in the Ukraine, and continued harsh weather across much…
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A Recipe for Corporate Growth?

We’ve seen record earnings growth and record stock market levels for the last few years, but that doesn’t mean we’ve seen corporate growth.  Much of the advances in earnings over the current recovery have been marked by slashing payroll, increased productivity, and other cost containment measures.   To truly see…
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Developed vs. Developing

Today we look at varying data across the developed and emerging markets for the past week.  In the developed markets we’ll be looking at the USA, Japan, and Eurozone; while emerging markets will be represented by Ukraine, China, and Brazil.   Developed: USA: The US experienced mixed data last week…
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