Sheraz Mian's picture

Weakness out of Europe and a couple of mixed earnings reports provide the backdrop for today’s action, with the major indexes all trading in the red. Next week will be big on the earnings front, with almost 150 S&P 500 members on...

Puru Saxena's picture

Let’s face it; the strong U.S. Dollar and weakness in the price of oil are hurting corporate earnings in the U.S. and it is conceivable that both sales and profits for the S&P500 Index may decline during the first half of the year.

Andrew Zatlin's picture

Vice spending is one of the most seldom used, but surprisingly accurate leading gauges of consumer strength and the economy. Everyone knows that when consumers have more money in hand, they spend it on fun and luxury goods.

Charles Hugh Smith's picture

An entire new feedback loop of accreditation is needed, and fortunately that feedback is within our control: it's a process I call accredit yourself. Economist Michael Spence developed the job market signaling model of...

Sheraz Mian's picture

Jobless claims clung to a higher rung of its 275K-300K range by posting initial claims of 294K for the week. This is an increase of 12K from the previous week, which was further revised up 1K. The 4-week moving average,

Robert Rapier's picture

I have been pretty adamant — some may say stubbornly so — about my expectations for crude prices this year. I have argued against the notion that oil prices were going to fall to $20 or $30/bbl for several reasons.

Michael Shedlock's picture

Heaven forbid consumers actually like something too much. If they do, they buy it or use it more than they buy or use competing products. And when that happens, well it must be "unfair" competition.

Matthew Kerkhoff's picture

I think few people would argue with the observation that bull market tops are often accompanied by excessive enthusiasm, euphoria, and a late rush by retail investors to own stocks. The final phase of bull markets has...

Doug Short's picture

The latest issue of the NFIB Small Business Economic Trends is out today. The April update for March came in at 95.2, a 2.8 drop from the previous month and the lowest reading in nine months. The index is now at...

Sheraz Mian's picture

A soft Retail Sales reading and a positive start to bank sector earnings provides the backdrop for today's session. On the data front, this morning' Retail Sales reading came short of estimates, but the modest...