Content
EUR/NZD – Topped?
Article By:
Kathy Lien
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Tuesday, May 23, 2017 3:05 PM EDT
The EURNZD appears to have made swing high at the 1.6050 level and is now starting to slide towards the 1.5800 level. After a massive rally that saw the euro outperform the comm dollars, the euro now appears to be in profit taking mode.
In this article: FXE
Spicy SAUC: Worth A Nibble Here
Article By:
Thomas Carr
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Tuesday, May 23, 2017 3:05 PM EDT
Diversified Restaurant Holdings (SAUC) operates the Buffalo Wild Wings Grill and Bar franchise throughout the United States. Income grew 801% this year and are projected to grow another 110% in 2018.
In this article: SAUC
How The BLS Methodology For Wireless Plans Exaggerated A Small Effect
Article By:
Michael Ashton
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Tuesday, May 23, 2017 2:59 PM EDT
The deceleration in medical care inflation is not the queerest change in price inflation we have seen in the last quarter. The prize there clearly goes to inflation in wireless telephone services.
Moving Closer To The Precipice
Article By:
Acting Man
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Tuesday, May 23, 2017 2:50 PM EDT
The decline in the growth rate of the broad US money supply measure TMS-2 that started last November continues, but the momentum of the decline has slowed last month.
In this article: SPX
How The ECB "Actively" Rescued Markets Ahead Of The French Election
Article By:
The Heisenberg Report
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Tuesday, May 23, 2017 2:43 PM EDT
The ECB is more than just a ‘passive acquirer’ of assets they are taking an active role in bond buying to manage the fallout from policy uncertainty.
Stocks Rebound Sharply After Last Week’s Selloff
Article By:
TheoTrade
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Tuesday, May 23, 2017 2:33 PM EDT
The best analogy for last week’s decline in the stock market is a sun shower. The market was in a streak of record calmness, had one bad day, and is back to being calm just like how a sun shower comes and goes quickly.
In this article: VIX
The Threat Of An Overheated German Economy
Article By:
Edward Harrison
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Tuesday, May 23, 2017 2:27 PM EDT
The Eurozone economy is doing really well. Some data points to 3% growth. The German economy is doing even better – with some data pointing to 5% annualized growth.
In this article: EWG
Buy 5 Global Equity Funds As Inflows Touch 2-Year Highs
Article By:
Zacks Investment Research
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Tuesday, May 23, 2017 2:07 PM EDT
Investors are shifting their focus to global equity funds from domestic equity funds following concerns over President Trump’s ability to implement his pro-growth economic proposals.
Richmond Fed Manufacturing Survey Barely In Expansion In May 2017
Article By:
Steven Hansen
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Tuesday, May 23, 2017 1:58 PM EDT
Of the three regional Federal Reserve surveys released to date, one is in contraction with the rest in expansion.
New Home Sales Contract 11.4%: Sales Barely Up Year-Over-Year
Article By:
Mish Shedlock
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Tuesday, May 23, 2017 1:38 PM EDT
Housing momentum took an 11.4% dive in April to 565,000 seasonally adjusted annualized (SAAR) units. The Econoday consensus estimate of 602,000 units missed the mark badly, but there was an upward revision in March.
Silver Leads Gold In Rate Hike Cycle
Article By:
Stewart Thomson
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Tuesday, May 23, 2017 1:27 PM EDT
Gold rises when events create or signify rising risk, regardless of what those events are. Sometimes a decline in interest rates increases risk, and sometimes a rise in rates increases risk.
April 2017 Median Household Income Up 1.0%. Finally Higher Than January 2000
Article By:
Global Economic Intersection
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Tuesday, May 23, 2017 1:17 PM EDT
Median household income at the beginning of the great recession in December 2007 was $58,155, so the current median is 2.1 percent above that level.
Why Technology Is The Most Important Sector To Watch For US Investors
Article By:
Matt Weller
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Tuesday, May 23, 2017 1:10 PM EDT
US stocks are putting a bow on a stellar earnings season. At the start of the week, 95% of the companies in the S&P 500 had reported their Q1 earnings, with 75% of those companies beating EPS estimates and 64% beating revenue estimates.