Eyeing Two Trades: TLT & TGT
We’re not big fans of investing in retail stores since most of the things we buy are delivered through Amazon, Instacart or other delivery services but the bloodbath with Target…
The Fed vs. The World
The Fed opted not to hike at today’s FOMC meeting which did surprise us given the recent headline news. Oil is over $90 barrel. Amazon plans to hire 250,000 while…
BLS: August PPI 2023
The BLS released the PPI for August and it came in hotter than expected. The Producer Price Index for final demand increased 0.7 percent in August, seasonally adjusted, after rising…
BLS: August CPI 2023
The BLS released the CPI for August and inflation is moving up again and we’re not surprised. With the price of oil climbing, millions of boomers retiring, potential worker strikes…
Is It Time To Invest In Mexico?
The Federal Reserve of Dallas noted that Mexico has overtaken China as the largest trading partner and with China’ deteriorating demographics, recent spat with Apple and de-globalization & re-shoring is…
Health Insurance Costs to Grow 6.5 percent?
The Wall Street Journal had an exclusive article today regarding health insurance costs projecting to increase by 6.5 percent based on data from Willis Tower Watson. The article cites the…
Fed’s Preferred Inflation Measure Higher
The BEA released the Fed’s preferred measure of inflation and it’s not good. From the BEA: Personal income increased $45.0 billion (0.2 percent at a monthly rate) in July, according…
BLS: July JOLTS 8.8m & Hybrid Work Model
The BLS released their JOLTS report for July and it shows 8.8 million jobs open. Here’s a snippet: The number of job openings edged down to 8.8 million on the…
What About Gold?
In January of 1980, gold hit a peak of $830/oz and as of August 2023, the last price of gold was listed at $1915/oz so is that a good return?…
Market Update: Late August ’23 SPY, QQQ, XHB Crash Comparisons
September tends to be one of the most volatile months for the stock market so let’s take a snapshot of where we are today. First up SPY, we are down…