What to Watch in Economics for the Week Ahead
/in Investing/by Tom 2Important factors to consider in economics for the week ahead…
Central Bank Decisions
/in Investing/by Tom 2The bar was set pretty high for the BOJ coming into yesterday’s meeting. Investors were expecting a lot of additional monetary easing, but seeing as the yen had already declined significantly, most assumed that the “dovish” results of the meeting were priced in. They were wrong.
Don’t Forget About the DOW
/in Investing/by Tom 2Interestingly, the Dow was a big outperformer on the day (up .76%), and usually when that happens there is one stock that is up several percentage points that skews the average. Interestingly, that was not the case on Monday, as the strength in the Dow was evenly spread across many of the index components (TRV, […]
Steepening Yield Curve a Bullish Sign for Bank Stocks
/in Investing/by Tom 2As you probably know, the banking sector has been one of the best performing of the year (up 28% year to date). I think it’s safe to say that the banks have probably become a bit overbought here, and that a correction of some sort is due. So, if you’re not already long the banks, […]
July MMT Chart and Powell Testimony Takeaways
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Powell Testimony Takeaways – Underappreciated Growth Risks