The Federal Reserve’s upbeat view on the economy’s prospects and their decision to further trim the monthly bond repurchase plan helped benchmarks end higher on Wednesday. The day’s initial decline owing to weak first-quarter economic growth was completely offset by the time markets closed. The Dow closed at a record high and the S&P 500 closed just 7 points […]
Yesterday, I read an article on the website of Scientific American titled “Saving Big Data from Big Mouths” by Cesar A. Hidalgo. As you know if you read this blog regularly, I have grave concerns about the hyperbolic claims of Big Data and believe that it is little more than a marketing campaign to sell expensive technology products and services. […]
SummaryIt is said they don’t ring a bell at stock market tops.
However, the housing industry has sometimes been quite adept at doing so.
Is it currently ringing its warning […]
Right up until the chart below was prepared, it seemed the key point of this post was going to be that consumer sentiment is holding steady near some its best post-recession levels, but, in looking at the curve below it seems more important to ask what all the hubbub is about in the stock market that, according to some, is […]
Editor’s Note: Todd posts his vibes in real time each day on our Buzz & Banter where subscribers can follow over 30 professional traders as they share their ideas in real time. Want access to the Buzz plus unlimited market commentary? Click here to learn more about MVPRO.Has anyone seen Inspector Kemp? He’s running around telling anyone who will listen […]
Greece has been the epicenter of the eurozone debt crisis. And its ongoing economic depression is highlighted by the fact that a quarter of its workforce still lines up at the unemployment office.However, there are more and more signs that things are turning around in Greece. “Greece has been the most conspicuous example of the dramatic improvement in sentiment […]
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blog post by Mark
Doms, Under Secretary for Economic AffairsBig Data and Open Data are all the rage these days. However,
Commerce was into Big Data before Big Data was cool. As far back as 1790, we
began collecting data on patents in the U.S. and the Census Bureau conducted
the first Decennial Census […]
Over the weekend, Jesse Livermore wrote an excellent piece on how we should view profit margins. The piece is very long and detailed but makes a very good case on the proper measure of calculating profit margins due to the impact of globalization. “Now, you might ask, to calculate the profit margin, why do we only include final sales […]
REUTERSStocks are in the red in the U.S. And once again, the momentum names of the Nasdaq are leading the way down.
The Dow is down 153 points, or 0.9%.The S&P 500 is down 22 points, or 1.1%.The Nasdaq is down 70 points or 1.7%.This extends the big sell-off we saw on Friday.Amazon.com, Google, and Facebook are among the underperformers.According to […]
Benchmarks snapped a four-day winning streak and ended lower on Thursday as investors adopted a wait and watch approach ahead of Friday’s nonfarm payroll data. Economic data came in mixed, hardly impacting the cautious stance of investors. These reports included better service sector data, higher weekly jobless claims and an increase in the U.S. trade deficit. Declines in bio-tech […]
