The call for this week: The major indices look pretty extended on a trading basis, however the international markets are not, and have actually rallied as much as the SPX year-to-date (Chart 5). Amazingly, this “melt up” has not been accompanied by even one 90% Upside Day
“Tomorrow’s employment reports have taken on a much greater level of importance as a strong enough number is likely to seal the December rate hike decision for the Fed. We note that our analysts have not factored this rate hike into estimates as of yet, but are factoring i
The call for this week: Well, quarter-end performance gaming and portfolio restructuring is over and the beginning of the fourth quarter is at hand. The indicators are showing extreme optimism (Chart 1) and the S&P 500 (SPX/2519.36) is at the top end of its channel (Chart 2). Mean
“There is simply no evidence in theory or in fact that supports the notion that cutting taxes rates increases [GDP] growth.” . . . Richard Trumka, President of the AFL-CIO Union (9-26-17) We were fixing porcini risotto last night while watching CNBC. Our friend Kelly Evans
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Amie E. Marks is the founder of WOMEN In the KNOW. The goal is to create a forum for women to discuss timely topics and world events. Women are welcome to participate in a genuine, non-judgmental, and educational get-off-the-couch conversation that will inspire them to raise questions, share opinions and speak in solutions.
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