Consumers Starting To Worry About Tariffs Consumers are reacting to the trade deal in several sentiment reports. Recently, tariffs likely caused the June University of Michigan Consumer Sentiment index to fall. Let’s look at the actual data on what consumers said about tariffs. 40% of consumers spon
Weak Empire Fed Report - Stocks Slightly Increase On Monday Despite the Weak Empire Fed Report, stocks still rallied. On Monday, the S P 500 increased slightly, while the Nasdaq and Russell 2000 increased significantly. Investors usually get nervous when the market prices in a positive outcome for a
Wednesday FOMC Preview - June FOMC Forecast: No Cut Looking at the Wednesday FOMC Preview produces a couple of surprises. The table below is a summary of expectations for the June Fed meeting made by Oxford Economics. I will review each point. Firstly, the Fed won’t cut rates on Wednesday. I’m highl
Semiconductors - Stocks Fall Slightly Despite Good Economic News Semiconductors ended up bringing down stocks even in light of great economic reports. The stock market fell 0.16% on Friday which isn’t a big deal in itself. But surprised investors because retail sales and industrial production both b
Scooter Economics The scooter revolution is isn’t as sexy as autonomous cars, but scooters will be more important to transportation in the near term. That’s because most trips are short and autonomous car technology won’t be implemented for at least a few years. Specifically, 35% of all personal tri
Q2 S P 500 EPS - Amazing June Continues Interesting numbers are coming out for the Q2 S P 500 EPS. June has been a great moth as May was a blip on the radar for this year thus far. Investors expected the market to wait for either a dovish Fed or great economic reports before rallying or possibly fal
CFOs Fear - Are Rate Cuts A Problem? CFOs Fear a 2020 Recession. The Fed is probably going to cut rates by September which means investors will be quick to fear the worst, which is that this cycle is over. That’s not necessarily the case as the Fed cut rates in 1995, elongating the 1990s
Oil Stockpiles - Another Small Decline In Stocks Oil stockpiles and the stock market fell slightly on Wednesday. Probably because the rally to start the month made the market overheated. The market is waiting for economic news on Friday and the Fed’s decision on Wednesday to decide where to go. Spec
Disappointing Inflation - Big MBA Applications Report Before getting into Disappointing Inflation, let's review the MBA Applications. MBA applications report showed huge growth numbers that were shocking at first glance. In the week of June 7th, the composite index was up 26.8% weekly compared to 1.
