Tag Archives: consumer

Since when is the weather an economic barometer? Absurd!

Most of the economic data we’ve been seeing (don’t forget it’s historical data) belies the common thinking that the weather has been dampening economic growth.  The just reported U.S. GDP revision for the 4th quarter (up from 2.4% to 2.6%) … Continue reading

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High Consumer Confidence is bad news for stock market!

The latest consumer confidence release shows a significant improvement. “Rising home prices and a rising stock market are two key factors that are boosting consumer confidence. And a third factor is rising strength in the jobs market. The consumer confidence … Continue reading

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Stay in Equities? Would you drive off a cliff?

It’s time again to send up a warning flare. Markets haven’t really responded to warnings from Warren Buffet about bonds, and quotes like the following are becoming more abundant: “Stay invested in equities. The break to all-time new highs in … Continue reading

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Correction done? Don’t bet on it!

On March 20th, I published the following quote in my regular money.ca blog entitled: Reacting to headlines is perilous! Most worrisome: Jim Cramer (wait long enough and you’ll eventually be right) is more wound up than a four-year old high … Continue reading

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Bonds at risk, inflation threat and stocks fully valued!

In mid-October the S&P 500 Index was at 1428.50 and I suggested (despite all the pessimism at that time) that if rates and inflation remained steady we could see the index move 20% higher. To be precise I reasoned: For … Continue reading

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Beware a Confident Consumer – bound to be disappointed!

I’ve written before (many times) about the fact that strong consumer confidence is not at all good for the markets.  You must have heard the news: “The Consumer Confidence Index increased in November and is now at its highest level in more … Continue reading

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Olympic Rally or the Real McCoy?

Back in early June, I posted Yogi Berra – as good an investment strategist as any! in which I suggested : “If financial turmoil continues unabated and rates remain extremely low, things could go very well for the stock markets, especially … Continue reading

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