I have always thought that the soft landing/hard landing debate wholly misses the point when it comes to China’s economic prospects. It confuses the kinds of market-based adjustments we are likely to see in the U.S. or Europe with the much more controlled process we see in China.
The Final University of Michigan Consumer Sentiment for August came in at 82.5, a bounce back from the 79.2 preliminary reading and its highest level since the April final. Today's number topped the Investing.com forecast of 80.1.
Attending costly games is on the margins of the household budget. When the credit card gets maxed out, attending is no longer an option.
Global biofuel production falls primarily into three categories; ethanol, biodiesel, and hydrotreated vegetable oil (HVO), also known as “green diesel.” Of the 30.8 billion gallons (116.6 liters) of biofuel produced globally in 2013, 23 billion gallons (75%) were ethanol.
Back in 2011, I wrote about Why Even Fundamental Analysts Should Watch A-D Line, noting that the NYSE A-D Line is very strongly correlated to corporate profits. But because the A-D Line can be calculated each day in real time...
The positive GDP report today will likely not be enough to offset the overhang from Ukraine-centric worries in today’s session. But this is nevertheless a welcome and reassuring read on the economy.
This Great Graphic was posted by Christopher Ingraham on the Washington Post's Wonkblog. It shows the results of a survey conducted by PayScale. It shows the percentage of people by undergraduate majors that identified themselves as underemployed.
The Latest Conference Board Consumer Confidence Index was released this morning based on data collected through August 14. The headline number of 92.4 was an improvement over the revised July final reading of 90.3, an upward revision from 90.9.
The U.S. dollar is narrowly mixed. It opened Asia broadly higher in a sloppy start of the session, which may have been linked to a technical glitch that led to a four-hour delay of the electronic futures trading.
The iShares S&P Latin America 40 Index ETF (ILF) broke out higher from 2 months of sideways price congestion, which suggests that its larger 2014 advance has resumed and targets at least an additional 4% rise to 41.60 that will remain valid above 39.05.