Doug Short | TalkMarkets | Page 1
Vice President of Research at Advisor Perspectives
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My original dshort.com website was launched in February 2005 using a domain name based on my real name, Doug Short. I'm a formerly retired first wave boomer with a Ph.D. in English from Duke and a lifelong interest in economics and finance. In 2011 my website was acquired by more

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Two Measures Of Inflation And Fed Policy - Friday, March 31
The BEA's Personal Consumption Expenditures Chain-type Price Index for February, released today, shows that core inflation remains below the Federal Reserve's 2% long-term target at 1.75%.
The Big Four Economic Indicators: Real Personal Income In February
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions.
PCE Price Index: Headline & Core Continued Rising In February
The latest Headline PCE price index rose 0.13% month-over-month (MoM) and is up 2.12% year-over-year (YoY). The latest Core PCE index (less Food and Energy) came in at 0.19% MoM and 1.75% YoY.
Real Disposable Income Per Capita Inched Higher In February
With the release of today's report on January Personal Incomes and Outlays, we can now take a closer look at "Real" Disposable Personal Income Per Capita.
February Real Median Household Income: Higher In February
The Sentier Research median household income data for February, released this morning, came in at $58,714. The nominal median grew by $658 month-over-month and is up $1,689 year-over-year.
Q4 GDP Third Estimate: Real GDP Adjusted Upward To 2.1%
The Third Estimate for Q4 GDP, to one decimal, came in at 2.1% (2.08% to two decimal places), an increase over 1.9% in the Second Estimate, but a decline from 3.5% in Q3 GDP. Investing.com had a consensus of 2.1%.
The Big Four Economic Indicators: January Real Retail Sales
Month-over-month nominal sales in January rose by 0.4% (0.36% to two decimals). Real Retail Sales, calculated with the seasonally adjusted Consumer Price Index, declined 0.2% (0.19% to two decimals).
The Big Four Economic Indicators: January Nonfarm Employment - Friday, Feb. 3
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions.
S&P 500 Snapshot: Another Fractional Close
The S&P 500 has essentially gone nowhere for the past three sessions, logging three fractional moves. The index spent the day zig-zagging around yesterday's closing price, ending the session with a 0.06% closing gain.
Real Median Household Income: No Growth In 2016
The Sentier Research median household income data for December, released this morning, came in at $57,827. The nominal median shrank by $394 month-over-month and is up only $669 year-over-year.
S&P 500 Snapshot: Some Key Economic News But A Fractional Gain
The strong January ADP employment data before the market opened goosed the already positive futures and helped trigger a the 0.45% intraday high about five minutes into the session.
A Closer Look At This Morning's ADP Employment Report - Wednesday, Feb. 1
In this morning's ADP employment report we got the January estimate of 246K new nonfarm private employment jobs from ADP, a substantial increase over December's 251K, which was a tiny downward revision of 2K.
First Look At January Employment: ADP Says 246K New Nonfarm Private Jobs
Today we have the ADP January estimate of 246K new nonfarm private employment jobs, an astonishing increase over December's 151K, which was a tiny downward revision of 2K. November was revised upward by 11K.
A New Look At NYSE Margin Debt And The Market
The NYSE publishes end-of-month data for margin debt on the NYX data website. Let's examine the numbers and study the relationship between margin debt and the market, using the S&P 500 as the surrogate for the latter.
S&P 500 Snapshot: A Fractional Loss For The Day, But A 1.79% Gain For The Month
Markets around the globe continued in selling mode today, with Japan's Nikkei falling 1.79% and Germany's DAX dropping 1.25%, although the broader European measure, the STOXX 600 Index closed with a smaller decline of 0.67%.
S&P 500 Snapshot: Monday Sell-off, Worst Close Of 2017
Markets around the globe were in selling mode today, triggered by President Trump's immigration ban, especially in Europe, where the STOXX 600 had lost 1.05% by the close.
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