From Ed Yardeni’s blog on Tuesday, 8/25: “1) GDPNow model tracking at 25.6% for Q2. (2) Citi’s economic surprise index remains surprisingly strong. (3) US flash PMIs flashier than the ones for the Eurozone. (4) NY and Philly business surveys … Continued
It was tempting to ask in the headline whether readers were looking for the “over” or “under” on Q2 ’20 SP 500 earnings this quarter ? My own bias coming into Q2 ’20 given the very low expectations, is that … Continued
As the mainstream business media like CNBC and Bloomberg keep pointing out, the similarities to today’s SP 500 and the late 1990’s are unmistakable: the incredible out-performance of Tech as the top SP 500 weight, the vortex it has created … Continued
Since last Wednesday night’s April 1, 2020 close, the SP 500 has risen over 11%. Crude oil bottomed in February ’16 at $28.50 per barrel (?), and I’m not sure if that was WTI or Brent. Today, WTI closed at … Continued
When you finally realize you’re really, really, old: Moved out of Chicago in 2019, to the western suburbs, near where i went to high school. As a workout fanatic, joined the local UFC GYM for both brazilian jiu jitsu and … Continued