Thursday, February 21, 2019
Market Update
The market has still not confirmed the January rally. I believe the positive news about trade deals with China, if they actually do happen, are already priced in. The FOMC -- according to yesterday's minutes -- remains dovish, which to me means that they are seeing some beginning signs of weakness in the economy. Some of the disappointing news today included December durable goods orders, Leading Economic Indicators, existing-home sales, and the US Manufacturing PMI. Not all were horrible, but showed weakness. Sometimes Mr. Market has a mind of its own.
Subscribe to:
Post Comments (Atom)
-
Climate change activists are not just interested in reducing carbon emissions in order to "save the planet." Their underlying desi... -
High-yield bonds are sending the stock market a warning sign. This is not a prediction, but a leading indicator. Just because it's happe... -
After reading (and attempting the solutions offered in some) several articles about SQL and CAGR, I have reached the conclusion that none o...
No comments:
Post a Comment
Thanks for the comment. Will get back to you as soon as convenient, if necessary.