Looking at the Economic Modern Family (weekly charts), to date, they all peaked in December.
The Russell 2000, Regional Banks, Transportation and Retail, as far as index and sectors go, backed off the most from their peaks.
Semiconductors are more …
On January 17, Alcoa Aluminum will report earnings.
As a main aluminum producer, Alcoa announced cost-cutting measures along with plans to curtail production at one Western Australian Refinery.
But that is just one facility, and the company plans to continue …
Starting with the Jeffries Group reporting on January 9th, by Friday we will see Bank of America (BAC), JP Morgan (JPM), Wells Fargo (WFC), and Citigroup (C) as well as a few other banks report earnings.
In my 2024 Outlook …
On inflation
I like this quote-
“Goods deflation likely transitory as downward pressure on goods demand and input costs are fading. 1H24 global core inflation likely to settle near 3%, which won’t resolve the immaculate disinflation debate.”
And this quote …
“January provides us with a wealth of information that gets our year off to a good start financially and emotionally.
The data is specifically chosen to begin in 2009 because that is the bottom of the most significant bear market …
Over the holiday I thought a lot about predictions and how they are formed.
The dictionary meaning of prediction is a statement about a future event or data.
Many of the predictions for 2024 that I have seen are made …
For the new year, we have given you an extensive 3-prong look at the markets.
First is the general outlook for the economy and markets through the Outlook 2024.
This is the general outlook for 2024 that includes the recap …
According to Wikipedia,
“Self-help or self-improvement is a self-directed improvement of oneself—economically, physically, intellectually, or emotionally—often with a substantial psychological basis.”
In the Outlook 2024 I quote Raymod Lo yet again,
“The Dragon is considered a ‘Star of Arts.’ The …
One area I cover in the Outlook 2024 is the teachings of Raymond Lo and how he sees the upcoming Year of the Dragon.
Part of my comments on his analysis is based on this statement by LO:
“Many has …
A passage from the Outlook
For last year’s Outlook I wrote, “Perhaps our biggest callout for a major rally in 2023 is in gold.”
Here we are over $2000 and although gold has not doubled in price, it did rise …
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