US Markets

US Economic Data and Stock Market Report – September

by Greg Naylor     September was an uneventful month for US economic data, as well as the global capital markets. Stocks drifted higher after the Fed non-tapering ‘surprise’, but all eyes remained fixated on the upcoming deficit ceiling and budget impasse. Here is what happened in the capital markets, along with…

Anemic Wage Growth May Soon Hit Consumer, Stock Market

The current “crisis” entails the government shutdown, the possibility of debt default, and the uncertainty of the default’s impact to GDP.  While many are pondering the benefits and detriments of the shutdown, I think these times offer us a unique opportunity to look beyond the headlines and more closely at a…

U.S. Government Shutdowns: A Mixed Bag For Equity Markets

From all of the media outrage, Facebook posts and political theater one would think that the government shutdown in Washington is the next thing to the apocalypse.  Admittedly, it is embarrassing that our political leaders, if we can call them that, are unable to come together to keep the government open. But…

Debacle, Revisited: 2011’s Debt Ceiling Debate

The US is now 2 weeks out from a true tag of its $16.394 Trillion debt ceiling.  For the past few months, the US Treasury has undertaken “extraordinary measures” to continue “paying the nation’s bills” by using budgetary sleight-of-hand equally nearly $400 Billion.  According to Treasury Secretary Jack Lew, those…

U.S. Economic Data and Stock Market Report For August

By Greg Naylor      August was an uneventful month for economic data, although worries about Syria probably crept into market behavior somewhat. As well, the financial markets were preparing for the Fed’s September meeting (the result of which we now know).  By the numbers: Stocks & Bonds After a strong July,…

Premium Price Bubble May Soon Hit Consumer Demand

On the very first day of Economics 101, you will see the below chart. This simple illustration identifies (in theory) the optimal price of a product (P), where the supply curve of a good (S), intersects the curve representing the range of consumer demand (D). Basic yet essential. Over my…

Precious Metals Lower on Fed ‘Tapering’ Prospects

After a strong summer relief rally, the precious metals sector is back in the doghouse again. With the Fed on tap and budget talks seemingly ready to gridlock, precious metals are bracing for a bumpy fall. In the short-term, however, much is riding on the FOMC two day meeting that…

September FOMC Is Here: Brace for Market Turbulence

All is quiet on the western front as the markets prepare for the results of the September FOMC meeting and ensuing Fed statement. Reality is, many market participants are thinking through all the possible variations in Fed wording and possible market reactions. Yep, pretty standard for Fed week.  BUT, the September FOMC meeting…

See It Market: AM Equity Look – Friday the 13th

Get ready for a terrible, horrible and otherwise very bad day. It’s Friday the 13th. Stocks come into morning trade following a weak showing in yesterday’s session with the S&P 500 (SPX) closing lower after 7 consecutive closes higher and already there’s talk of bear machetes coming out to install…