Nasdaq Hits Correction Territory As Big Internet Firms Probed By Regulators

Nasdaq - Another Decline For Stocks Nasdaq is getting into correction territory. The stock market fell again on Monday, continuing this correction. S&P 500 fell 0.28% after opening up. Nasdaq fell 1.61% because of regulatory issues which I will get to later. Russell 2000 increased 0.31%.  VIX increased 0.8% to 18.86 as it inched closer…

Consumption Growth Falls, As Income Growth Increases

Consumption Growth - While April Income Growth Improves Before getting into Consumption Growth, let's first review the April PCE report. Considering the weak economic reports that have come out in the past few weeks, the April PCE report was solid. This is before the tariffs were announced on consumer goods, but it’s still important since the…

Worst Month For Retail Stocks Since November 2008

Tariff Fears Push Stocks Even Lower President Trump’s new 5% tariff on Mexican exports caused stocks to crater on Friday. To be clear, tariffs aren’t the only catalyst of this recent swoon in stocks. Stocks are falling because earnings estimates and economic reports have been putrid. That being said, worries about the trade wars are…

ECRI Leading Index Suggests Economic Malaise To Continue

Slight Improvement In Richmond Fed Manufacturing Index The May Richmond Fed manufacturing index increased slightly from 3 to 5. That missed estimates for 6, but considering the weak results from the Dallas Fed and Kansas City Fed, this shouldn’t be a disappointment. As you can see from the chart below, the 3 month moving average…

President Trump Issues New Tariffs On Mexico

Negative Evening Trade News Ruins Thursday Rally The stock market increased slightly on Thursday, but that doesn’t matter much because President Trump tweeted he will add a tariffs to Mexican imports. Trump’s tweets are getting more erratic by the day, making it so no investor is safe from the carnage. I thought the main issue…

Very Strong May Consumer Confidence Reading

Consumers Might Actually Be Confident In previous articles, I mentioned that consumer confidence might wane because of the newly enacted tariffs and the stock market correction. Consumer confidence is highly impacted by the stock market. That being said, a 5.5% decline isn’t a huge deal since consumers don’t follow stocks every day. My assertion might…

Chinese Newspaper Warns America Causing Stocks To Fall Again

Chinese Newspaper - Another Decline On Wednesday After a Chinese Newspaper issued a warning, stocks took a dive. S&P 500 has now had its first 5% decline of the year as it fell 0.69% on Wednesday. It is down 5.5% since April 30th. That pushed the CNN fear and greed index down another 2 points…

Housing Price Growth Falls Again In March

Housing Price Growth - Home Price Growth Falls: Case Shiller Housing Price Growth has taken a hit. As you can see from the chart below, the home price index’s growth rate has been plummeting in the past 6 months. Even though the last recession ended in 2009, it took a few years for the housing market…

Stock Market Reversal - Big As Recession Fears Increase

Stock Market Reversal - Big Reversal On Tuesday There was a major Stock Market Reversal on Tuesday. The stock market started the week oversold. This explains why the S&P 500 opened the trading session positive on Tuesday.  CNN fear and greed index started the day at 27 which is fear. However, the market fell throughout the day because…

Recession Risks - Two Big Ones

Recession Risks - Slowdown Increases Recession Risk During economic slowdowns there are increased Recession Risks. Because the last recession nearly collapsed the financial system, investors think there needs to be a massive catalyst to end the business cycle. The 2008 recession was a once in a generation event in my opinion.  That doesn’t mean I’m predicting another…

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