Financial Review

About Face

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-15-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..Trump reverts, CEOs flee. CBO says it pays to fund ACA. Retail sales bounce. Consumer debt climbs. Import prices up. Biz inventories up. HD and TJX earnings. Gates donates. More info at Financial Review by Sinclair Noe for 08-15-2017

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Financial Review

See What Sticks

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-01-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..Nasdaq record. EPS v GDP. Sell in May, maybe. Spending package means government will stay open. Winter storm hits short wheat traders hard. ISM mgf slips. Construction spending dips. Personal income down, debt up. Financial Review by Sinclair Noe for 05-01-2017

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Financial Review

Face the Facts

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-08-2014.mp3Podcast: Play in new window | Download (Duration: 13:14 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSDOW – 25 = 17,111 SPX – 6 = 2001 NAS + 9 = 4592 10 YR YLD + .01 = 2.47% OIL – .63 = 92.66 GOLD – 12.90 = 1256.50 SILV – .17 = 19.12 The Federal Reserve reports consumers increased their debt by a seasonally adjusted $26.0 billion in July, up from an $18.8 billion gain in the prior month. Monthly debt rose at a 9.7% annual rate in July, compared with a 7.1% rate in the prior month. On a dollar amount, that’s a record gain, and on a percentage basis, it’s the highest since July 2011. Crude oil for October delivery fell 63 cents, or 0.7 percent, to settle at $92.66 a barrel in New York, its lowest level since January. Oil prices have fallen for three days straight as geopolitical worries in Ukraine and Iraq have eased. The ceasefire between Russia and the Ukraine is holding by a thread. The EU has approved a second round of sanctions against Russia, but today, they put the sanctions on hold, hoping for a favorable outcome. In an initial set of economic sanctions imposed in late July, the EU barred five state-owned Russian banks from selling shares or bonds in Europe; restricted the export of equipment to modernize the oil industry; prohibited new contracts to sell arms to Russia; and banned the export of machinery, electronics and other civilian products with …

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Tuesday, February 18, 2014 – Econ Roundup

Econ Roundup by Sinclair Noe DOW – 23 = 16,130SPX + 2 = 1840NAS + 28 = 427210 YR YLD – .03 = 2.71%OIL + 2.14 = 102.27GOLD – 6.90 = 1323.30 SILV + .12 = 22.06 Homebuilders’ confidence in the housing market declined sharply this month as the severe weather battering much of the nation keeps many would-be buyers at home. The National Association of Home Builders/Wells Fargo builder sentiment index dropped to 46. That’s down from January’s reading of 56 and is the lowest level since May. A reading of 50 is the tipping point between good and bad sales conditions. Certainly one sector singing the blues over the cold weather has been the airlines. More than 500 flights were cancelled today; almost 1,400 flights cancelled yesterday for the Presidents’ Day holiday and more than 4,000 delayed. The big day for cancellations was last Thursday, when more than 7,500 flights were scrapped. That’s bound to have some effect on revenue and earnings. Last week’s economic news was generally disappointing with weak payroll growth, mortgage applications slipping, retail sales dropping to the lowest growth rate of the recovery, and a sharp drop in manufacturing activity; that can’t all be blamed on bad weather. Several retailers didn’t even mention severe weather as they missed estimates for the holiday shopping season. US auto dealers have about $100 billion worth of unsold cars and trucks sitting on their lots. That level is striking given that car makers have pledged not to overstock …

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