Industrial Production in the United States decreased 5.30 percent in October of 2020 over the same month in the previous year. Industrial Production in the United States averaged 3.62 percent from 1920 until 2020, reaching an all time high of 62 percen…
The 2020 presidential election was notable for considerable political and geographic divides but it also highlighted a huge economic divide. The rift is nothing new and it was highlighted in an analysis by the Brookings Institution. The research found …
Retail Sales in the United States increased 0.30 percent in October of 2020 over the previous month. Retail Sales MoM in the United States averaged 0.36 percent from 1992 until 2020, reaching an all time high of 18.30 percent in May of 2020 and a recor…
Redbook Index in the United States increased by 1.70 percent in the week ending November 14 of 2020 over the same week in the previous year. Redbook Index in the United States averaged 2.50 percent from 2005 until 2020, reaching an all time high of 9.3…
Retail Sales in the United States increased 5.70 percent in October of 2020 over the same month in the previous year. Retail Sales YoY in the United States averaged 4.20 percent from 1993 until 2020, reaching an all time high of 11.20 percent in March …
The good news is that the 9-12 month cycle projection no longer points toward 1700. The outlook will remain bullish if certain things happen this week and next.
EasyJet reported it’s final results for the year ending 30 September 2020 today, revealing a massive £1.2 billion loss. This is on the back of a 53 percent drop in revenue. Nevertheless, the airline’s chief executive, Johan Lundgren struck a positive t…
The confidence that there will always be facilities and professionals to care for us is no longer realistic.
In this Part 2 of the report, I cover the remaining interesting and important indicators that comprise the CLI. Each has its own story to tell, but they all lead to the same conclusion. Still bullish, and, unbelievably, one key component says that the stock market is oversold.
I find it difficult to wrap my head around that. But I won’t argue with it. If there’s one thing I’ve learned in 53 years of watching markets virtually every day, it’s not to argue with impartial indicators. They don’t care what I think should happen. They just show what is happening.
Well, doesn’t this look head and shouldery?