“Is the Stock Market Too Expensive?” February 23, 2017
“Is the Stock Market Too Expensive?” That’s a question I’m getting asked a lot lately by subscribers and colleagues. With stocks at record highs, there is a lot of worry that the market is unsustainably expensive. But, that’s simply not the case. Yesterday, in the full edition of The Sevens Report, we broke it down. Provided a three-part analysis of […]
10 Year T-Note Yield Remains Pinned
The 10 year yield remains effectively pinned between 2.30% and 2.60% as Fed policy outlook is as unclear as current fiscal policy outlook.
Disappointing Numbers from Flash February Manufacturing & Service PMIs: February 22, 2017
Below is an excerpt from the “Economics” section of the Sevens Report. The Sevens Report has everything you need to know about the markets by 7am each morning in 7 minutes or less—can get a free trial if you sign up now. Flash February Manufacturing & Service PMIs Feb. Manufacturing PMI declined to 54.3 vs. […]
Natural Gas Futures Plunge
Natural gas futures plunged 9% to settle at a 6-month low yesterday as speculative longs “threw in the towel” on bets that colder than average temperatures might spur elevated demand in the back half of winter.
Economics: This Week and Last Week. February 21, 2017
An excerpt from today’s Sevens Report. Subscribe now to get the full report in your inbox before 7am each morning. Both economic growth and inflation accelerated according to last week’s data, and while the former continues to help support stocks despite a darkening outlook from Washington, the latter also is increasing the likelihood of a […]
What impact are Trump’s headlines having on markets?
After impacting the markets with his comment about a forthcoming “phenomenal” tax plan, the markets have been surprisingly unmoved by any of the headlines coming in from Washington D.C. This week, we’ve seen stocks focusing on the good economic data (retail sales, Empire Manufacturing) and ignoring the political drama (Trump’s Labor Secretary nominee, Andrew Puzder, withdrew yesterday). […]
Why the Gaetz Withdrawal Sparked Yesterday’s Rally
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Why the Gaetz Withdrawal Sparked Yesterday’s Rally