by transitmapper U.S. and USSR/Russian arms sales from 1950 through 2017. The underlying data comes from the Stockholm International Peace Research Institute’s Arms Transfers Database. Units are expressed in trend indicator values (TIV). Each dot on the map = one …
by WARREN MOSLER Heading lower from already depressed levels: Highlights The headline shows a decline but the message from the July new home sales report is nevertheless mostly positive. New home sales slipped 1.7 percent in the month to a …
via Bill McBride From the NAR: Existing-Home Sales Slip 0.7 Percent in July Existing-home sales subsided for the fourth straight month in July to their slowest pace in over two years, according to the National Association of Realtors®. The West was the …
Looks like they’ve followed in the footsteps of Walmart and reports solid earnings. In premarket trading, Target was soaring 6% to $88.16 a share. adjusted earnings per share of $1.47 Revenue: $17.78 billion vs. $17.28 billion expected Same-store sales: up …
by WARREN MOSLER June was revised lower, so best to hold back judgement on July until August is released. Note vehicles were revised quite a bit lower for June, with the initially reported .9 jump suspect in any case: Highlights …
Authored by Sue Chang via MarketWatch.com, A lot has changed since the stock market crash of 2000. Apple Inc. has gone from being just another computer brand to becoming the most valuable company in the world, Amazon.com Inc. went from …
Vancouver is one the the most expensive real estate markets in the world. There has never been a more furious time in history. People literally fighting each other to get a sale. It’s beyond pandemonium. With central banks beginning to …
by WARREN MOSLER Highlights Unit vehicle sales proved surprisingly weak in July, at a 16.8 million annualized rate vs 17.2 million in June. This is the lowest rate since August last year but it will be the comparison with June …
Big drop in sales prices right as the last few #InterestRate hikes materialized in #mortgage rates got above 4.5% #Housing was a bubble in search of a pin…. First domino h/t @OccupyWisdom
via Investment Research Dynamics: There’s no question in my mind now that the housing “snowball” has started downhill and it won’t take long to develop into an avalanche. In addition to all of the “for sale” and “for rent” signs I’m …
U.S. high-yield bond sales are on track to be the lowest for a year since 2009. Another recent shift in performance away from #SmallCaps could start to reverse #FundFlows @WSJ @soberlook @MorningstarInc Stock Outflows Swell as Investors Seek Refuge in …
Salespersons are in huge demand, yet many applicants fail to secure a job. This is due to several reasons, most importantly because you end up applying for the wrong job or in the right manner. The job market is …
The info is coming from a CNBC article, which can be sensational in their headlines, but there is some real concrete data revealed that make me wonder if this is real, what the reasons are for this, and if this …
via Mike Mish Shedlock Existing home sales declined for the third month, fourth year-over-year. May sales were revised lower. The National association or Realtors (NAR) reported existing home sales for June at 5.38 million homes seasonally-adjusted annualized (SAAR). The NAR revised …
At roughly 9 times sales, the FANG stocks have never been so expensive heading into earnings season https://www.bloomberg.com/news/articles/2018-07-20/wish-granted-this-is-what-the-market-looks-like-without-fangs h/t @jessefelder Chart via @niboce
From Forbes: The last decade has seen a slow move toward nationwide marijuana legalization. The Pew Research Center reported at the beginning of January that 61% of Americans support marijuana legalization. An April Quinnipiac University poll put the number at 63%. There’s clear …
by mdcd4u2c I kept seeing Facebook pop on lists of top insider sales week after week and got curious so I did some digging and I’m sharing here. This is just all of Zuckerberg’s insider transactions (they were all sales) …
by WARREN MOSLER Mixed bag again, as auto sales contributions are volatile in a generally softening auto market. And the Fed estimates the tax cuts and spending increases will add about .4-.5% to GDP this year. Also, the spending numbers …
by IlCaneEUnaMucca This is a trap a lot of people fall into (myself included): just because it’s a “good deal” doesn’t mean you “saved” money by buying it, it’s still money that you spent! This might be obvious to most people …
by Martin Armstrong How bad did it get in some segments of the population during the Great Depression? Actually, during the Great Depression, women began reusing the fabric from flour sacks to make dresses. When the flour companies woke up and …
How long do you think “temporarily” means in this case? Any thoughts on the long term impact of this decision? https://www.bloomberg.com/news/articles/2018-07-03/micron-chip-sales-banned-in-china-on-patent-case-rival-umc-says A Chinese court temporarily banned Micron Technology Inc. chip sales, cutting the U.S. company off from the world’s largest semiconductor market, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Brick & Mortar Meltdown: Dog of the Dow on 3rd Day in the Dow. It was a melancholic but symptomatic day for the US economy when a once mighty industrial company that manufactures big complex things, …
by WARREN MOSLER Highlights Disruption tied to a fire at an auto supplier not only pulled down the previously released manufacturing component of the industrial production report but it also helped pull down durable goods orders in May which fell an as-expected 0.6 …
Ron Paul, Institute for Peace and Prosperity, Released on 6/25/18 Last week the United States Supreme Court, in the case of South Dakota v. Wayfair, ruled that the Constitution’s Commerce Clause allows state governments to force out-of-state businesses to collect state …
by Thinker Nearly 20 groups of Amazon shareholders are pressuring the tech company to stop selling facial recognition technology to law enforcement. In a letter delivered to CEO Jeff Bezos late Friday, the shareholders, many of whom are advocates of …
Do you think real estate prices will rise into 2019? This is a video I’ve been working on for a while. It was long (as usual) but I hope you appreciate it. Just look at where real estate has gone. …
from Zero Hedge Following a disappointing April for home sales data, and weakness in May’s building permits data, our fiorst glance at May sales suggests all is not well. Existing home sales slipped 0.4% MoM (and were revised lower in April), well below …
via bnnbloomberg: Americans’ long-running joke about a Starbucks on every corner may be nearing its end. The coffee behemoth is retrenching in its home market as it contends with sales growth that Chief Executive Officer Kevin Johnson acknowledges isn’t fast enough. …
by WARREN MOSLER A weaker than expected print due to auto sales which have been volatile, but charts show it’s still chugging along at a modest pace: Highlights A big drop in autos skewed industrial production lower in May, slipping 0.1 …
by WARREN MOSLER Just a reminder (from 2015) as to why claims are this low: This is not population adjusted: We haven’t yet to recover from the last recession, in my opinion due to an ongoing lack of demand: Highlights …