US retail sales rose 0.3% in February, a little more than expected. The news was blunted by sharp downward revisions to the January series, leaving the level of retail sales lower and pointing to somewhat less personal consumption to drive GDP here in Q1.
The stock market is down after reaching all-time highs again in March. That means it’s time to talk about black swans, dragon-kings, and other such ilk; never mind the winter is beginning to thaw and economic indicators are improving for the U.S.
It was a fun correlation while it lasted. From 2008 to early 2012, copper prices displayed a very strong correlation to the movements of the SP500. Even more importantly, whenever copper prices would show a sign of weakness that the SP500 did not show, it was nearly...
We’ve been dealing with an abnormally cold winter for most of 2014 with the weather being blamed for the recent poor economic data we’ve had over the last two months. However, there are plenty of naysayers who dismiss the effects of old man winter and claim the economy is beginning to cool on its own account. So, who's right?
Created in 2008 by the mysterious ‘Satoshi Nakamoto’, in the past few months bitcoin has gone from a fringe financial technology topic to a mainstream media phenomenon. The debate is now raging as to whether bitcoin is, or is not, a sound form of alternative money.
The latest issue of the NFIB Small Business Economic Trends is out today. The March update for February came in at 91.3, down 2.7 points from the previous month's 94.1, ending a three-month string of improvement.
It can be difficult to completely avoid a $5 trillion elephant in the middle of one's own living room. In an ironic twist, millions of people who are investing for retirement specifically to escape from dependence on Social Security may find that no matter where in the room they go — that elephant is still there.
The Agri-Food Price Index hit an all time record high for the week ended 7 March. This index of Agri-Food prices is rather comprehensive in that it includes sixteen(16) important Agri-Commodities. That index is plotted in the chart below which covers the past almost two years.
There is a fairly regular pattern to how the market behaves during what is called the "four-year election cycle." Currently, the pattern suggests a market peak in April, followed by a bottom in late August, before a strong year-end rally.