The Bond Model
Our models are constructed with both fundamental and technical data, and a bull signal is registered when both fundamentals and technicals are positive. A bear signal is registered when both …
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2 Charts Explain Slowest Economic Growth In History
Earlier this week I discussed the expectations for an increase in reported earnings of 50% over the next two years: “Currently, according to the S&P website, reported corporate earnings are expected to grow …
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Futile Arm Waving Over Crimea
Ukrainian Government Issues Arrest Warrant for Aksyonov The latest in a series of futile gestures surrounding the situation in the Crimea is a warrant for the arrest of the Crimea’s …
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Lessons From The Panic Of 1907
I have just finished reading The Panic of 1907: Lessons Learned from the Market’s Perfect Storm, written by Robert Bruner and Sean Carr in 2007. It is an extraordinarily well documented, step by …
Read More Staples Celebrates The Recovery With 225 Store Closures, Sales Plunge
Nothing says global ‘economic recovery’ like a major retailer drastically missing revenue expectations, slashing earnings projections and announcing it will shutter 225 stores nationwide. Staples, the largest US office supplies retailer, …
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Productivity 4Q2013 (Final): Productivity Up Less, Labor Costs Down Less
 A simple summary of this release is that the rate of productivity growth is up , whilst the rate of growth of labor costs is contracting. However, this final …
Read More The Return Of The ‘All One Market’ Market
Since February 1 it’s all one market arrayed against one market, Uncle Buck. Maybe it should be called the ‘all but one market’ market. Whatever…
Read More Markets Skate Through Mountain Of Supply Unscathed While Dealers Distribute
The Treasury has now pounded the market with $231 billion in net new supply over the past three weeks and the markets haven’t even flinched (until today). It’s amazing… The Treasury …
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Initial Claims Beat; Drop To 3-Month Lows
Must be the weather… Initial jobless claims swung from the worst in 2014 last week to the best in over 3 months this week, with a 323k print (well below …
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