OPEC Thanksgiving 2.0
This coming Friday, the monthly jobs report will be watched closely regarding its potential effect on the Fed’s decision to raise rates. One other potentially newsworthy event coming up Friday is the semi-annual meeting of […]
Article, Did You Know, Michael Maehl
Turkey day thoughts
The S&P 500 ended the week at 2089, its best week of the year – so far. The Dow closed at 17,283, which was unchanged for the year. The NASDAQ, up almost 8% year-to-date, finished […]
Retail sales report – have consumers stopped spending?
This past week, we had a number of flagship retailers report earnings which, to be polite, underwhelmed the hot money folks on Wall Street. For instance, Macy’s (M) cut its full-year sales and profit forecasts, […]
The jobs report and the market
The consensus of the economic tea leaf readers had the number of jobs being added in November at about 185,000. The highest estimate I saw had predicted an add of around 200,000 jobs. Then the […]
Selected short market stories
With no, in my opinion, major event or market news to comment upon this past week, I thought I’d simply offer my thoughts on four topics that did come up. The market / It was only […]
