Month: February 2014

February
24

Provided by: Jon McGraw

The Silver Lining & Entrepreneurship

Behind the dark clouds of volatile markets there appears to be a silver lining. That may be hard to believe when so many are focused on whether economic weakness is due to bad weather or, well, economic weakness, but here are a few of the signs that things may take a turn for the better:…

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February
24

Provided by: Jon McGraw

Economic Notes – February 24, 2014

On a holiday-shortened week, we ended up with a few noteworthy reports: (-) The Empire manufacturing survey for February came in positive at +4.5, but weaker than the expected +8.5 (and lower than January’s +12.5). In the details of the report, shipments and new orders fell sharply, and employment fell by just a point, so…

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February
18

Provided by: Jon McGraw

Economic Notes – February 18, 2014

(-) Retail sales for January came in a bit underwhelming, down -0.4% on the month, versus an expected flat reading. Additionally, December sales were revised down from +0.7% to +0.3%, which cast a negative tone on the report. The ‘core’ part of the January series (which is used in government GDP assumptions, so arguably more…

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February
10

Provided by: Jon McGraw

Confused Stocks & Interest Rate Implications

American stocks bounced last week like a skier pounding moguls on an Olympic freestyle course. Some found it difficult to understand why stocks had their best week since December of 2013. Barron’s said: “We just can’t figure out why the markets were strong. It’s not like the news this week was terribly good. The Institute…

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February
10

Provided by: Jon McGraw

Economic Notes – February 10, 2014

The week’s economic data was generally disappointing, as reports covering the January time period were likely held back by the extreme winter weather over much of the nation. The magnitude of weather impacts can be hard to measure precisely, but as they’re also noted specifically in anecdotal comments, there was an effect to at least…

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February
03

Provided by: Jon McGraw

2014 Stock Market Indicators

If investors were fishermen, they’d probably toss January 2014 right back into the stream. At the end of the month, U.S. stocks (S&P 500) had lost 3.6 percent of their value, according to Barron’s. Other asset classes hadn’t fared well either. Bond yields fell – a good thing for bond prices – and emerging markets were…

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February
03

Provided by: Jon McGraw

Economic Notes – February 3, 2014

The week was highlighted by a fair number of important industrial reports, as well as the closely-watched Fed meeting. Unfortunately, there wasn’t enough decent news to offset emerging market-led concerns. (+/0) As we recapped separately mid-week, the FOMC continued the taper, with an additional $10 bil. reduction in quantitative easing bond purchases. Language about conditions…

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