Ugo Bardi's picture

Renewable energy, by definition, is inexhaustible or, at least, it can tap the sun's energy for times that can be considered infinite from our viewpoint. However, renewable energy doesn't live of sun alone. It needs metals, semiconductors, ceramics and more.

Doug Short's picture

The Latest Conference Board Consumer Confidence Index was released this morning based on data collected through November 13. The headline number of 88.7 was a surprising drop from the revised October final reading of 94.1, a downward revision from 94.5. Today's number was well below the Investing.com forecast of 95.9.

Michael Shedlock's picture

A New York Fed research paper wonders, "What’s Keeping Millennials at Home? Is it Debt, Jobs, or Housing?" The paper says "it's a mystery" why the housing recovery did not have a bigger impact on millennials living at home.

Sheraz Mian's picture

The positive GDP report should help the market maintain its positive momentum in today’s session. Stocks have been steadily building on their record level in recent sessions, and today will likely be no different.

Urban Carmel's picture

Interest rates are low, so stock valuations should be high. After all, a lower discount rate means that company cash flows are worth more; hence, a higher stock price. And the higher yield offered by equities makes them more attractive than low yielding treasuries, another reason to pay up for stocks.

FS Staff's picture

Economic growth in the U.S. will probably remain weak for another four years and interest rates are likely to fall even further, Gary Shilling recently told Financial Sense Newshour. The number one reason, he says, is “the overpowering reality of deleveraging″...

Dominic Frisby's picture

When is this gold bear market going to end? There’s a question to which we’d all like to know the answer. I actually have gold and gold stocks on a short-term buy signal at the moment. They’re bouncing from oversold levels, as I suggested last week they would.

Oil Price's picture

Russian Energy Minister Alexander Novak says Moscow is considering a possible cutback in oil production to help end the drop in prices, but there appears to be little it can do without harming its own energy sector.

Sheraz Mian's picture

Stocks today are expected to continue the positive momentum from last week, pushing the major indexes even deeper into record territory. Positive data out of Germany and more follow-through from China’s surprise rate-cut last week should help...

Sober Look's picture

The latest Reuters poll is showing 24 out of 43 economists projecting the first rate hike in the U.S. by June of next year. The futures market is pricing liftoff by September. Citi's latest analysis puts it in December.

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