This article considers the impact of Japan’s trade dynamics on the Japanese automakers.
With the recent Fed taper announcement, growth has taken a step back in the past few weeks, underperforming small cap value by around 5.0%.
The JOLTS report is the United States Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. The headline number is job openings.
In this article, we’ll discuss Fisher’s take on Delphic forward guidance. According to Fisher, Delphic forward guidance is more obscure and enigmatic.
The Producer Price Index (or PPI) is a headline inflation number issued by the Bureau of Labor Statistics (or BLS). The PPI for March will be released on Friday, April 11.
This article considers the inter-temporal cost/benefit of importing oil with a weakening currency versus exporting merchandise such as vehicles for Japan.
This article considers the upside prospects for Sotheby’s in light of both the Fed’s recent dovish announcement and Third Point’s Dan Loeb’s shareholder activism.
New unemployment claims (or jobless claims) are compiled weekly by the Employment and Training Administration of the U.S. Department of Labor.
In this article, we’ll continue discussing Fisher’s take on the types of forward guidance that central banks give: Odyssean (clear-cut quantitative goal posts) or Delphic (qualitative without contingent commitments to specific goals).
Consumption expenditure is the largest component in the country’s gross domestic product (or GDP), accounting for over two-thirds of the economy.
In a speech at the Rochester Chamber of Commerce on April 8, 2014, Narayana Kocherlakota—President of the Federal Reserve Bank of Minneapolis—reported on the Federal Open Market Committee.
While the auto sector has been a bit soft overall since the beginning of the year, GM’s share price has slowly lost the momentum it had over Japanese automakers.
This article considers the prospects for small cap value shares like APOL in the context of the recent Fed announcement and post-March rally in small cap value shares.
Gallup’s payroll-to-population (or P2P) metric tracks the percentage of the U.S. adult population aged 18 and older that’s employed full-time by an employer, for at least 30 hours per week.
Fisher also spoke about the types of forward guidance that central banks could give: Odyssean (clear-cut quantitative goal posts) or Delphic (qualitative without contingent commitments to specific goals).
Consumer sentiment measures have historically highly correlated with macro-economic variables such as stock performance, GDP growth, and employment.
Since March, value is coming back with a vengeance in large, mid, and small cap stocks, with value outperforming growth by approximately 5.25%, 5.0%, and 4.25%, respectively.
The monthly report published by Challenger, Gray & Christmas, Inc., counts and categorizes announcements of corporate layoffs based on mass layoff data from state departments of labor.
With inflation and inflation expectations remaining benign and far short of the Fed’s target long-term rate of 2%, injecting “massive” amounts of liquidity into the monetary base would compound the Fed’s future problems.
The Monthly Wholesale Trade Survey (or MWTS) provides nationwide estimates of monthly sales, end-of-month inventories, and inventories-to-sales ratios by business type for wholesale firms.