The FOMC Minutes Explained
/in Investing/by Tom 2FOMC Minutes The minutes were obviously dovish, given the stock market surge, dollar decline and bond rally. They were taken as dovish for three primary reasons: First, the FOMC voiced considerable concern about the state of the global economy and the potential negative impact on our economy. Second, the strengthening dollar was expressly cited as […]
Outside Reversal in the S&P 500
/in Investing/by Tom 2The S&P 500 posted a bullish “outside reversal” on the daily chart today and closed back above the 100 day moving average which is also quite bullish. To read more about what today’s session means for the market, simply sign up for a free trial on the right hand side of this page.
Tom Essaye Closing Bell Interview 10.8.14
/in Investing/by Tom 2Tom Essaye discusses the outlook for Europe on CNBC’s Closing Bell. http://video.cnbc.com/gallery/?video=3000317632
What is the Labor Market Conditions Index?
/in Investing/by Tom 2Labor Market Conditions Index September LMCI rose 2.5 points in September. Takeaway There was a lot of talk about this number last week, as it is a new publicly published, comprehensive labor market index the Fed used to use internally (it’s been around since the 1970s). It’s comprised of 19 different labor market indicators (all […]
Your Weekly Economic Cheat Sheet
/in Investing/by Tom 2Last Week The were multiple and varied important economic data points released last week, but the general takeaway is this: While the global economic recovery is clearly losing steam, data in the U.S. consistently show the recovery is not only solid but also gaining momentum. This dichotomy between the direction of the U.S. economy and […]
Is Dis-Inflation a Worry?
/in Investing/by Tom 2Is Dis-Inflation a Worry? Since the surprisingly weak CPI report earlier in September, there’s been a subtle but growing concern about the return of dis-inflation—not in the EU, but in the U.S. And, recently we’ve seen a fair bit of financial media coverage detailing the fall in market inflation expectations—so I wanted to cover the […]
What Credit Spreads Are Saying About the Economy
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: What Credit Spreads Are Saying About the Economy