In addition to losses in their portfolios in recent months, an unprecedented number of Americans find themselves unemployed as a…
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Eurex Interest Rates Roll Date – June 2020
Monday, June 8th is the last trade date for Eurex Interest Rate futures. Traders can roll to the succeeding contract…
Continue ReadingWill you get $2k in monthly coronavirus stimulus payments?
Everyone is expecting a second round of coronavirus stimulus payments this month. However, we have only seen proposals so far…
Continue ReadingISM Non-Manufacturing Index increased to 45.4% in May
The May ISM Non-manufacturing index was at 45.4%, up from 41.8% in April. The employment index increased to 31.8%, from…
Continue ReadingAnimal Spirits: The Unluckiest Generation
On today’s show we discuss: Inequality everywhere you look Bankrupt in just two weeks Working from home is a luxury…
Continue ReadingADP: Private Employment decreased 2,760,000 in May
From ADP: Private sector employment decreased by 2,760,000 jobs from April to May according to the May ADP National Employment…
Continue ReadingMBA: Mortgage Applications Decreased, Purchase Applications up 18% Year over Year
From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications decreased 3.9 percent from one week earlier,…
Continue ReadingSector Spotlight: Seasonality Suggests XLV over XLF for June
On this episode of Sector Spotlight, I take a look at the longer-term picture for asset Classes and sectors using monthly…
Continue ReadingWednesday: ADP Employment, ISM non-Mfg
Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.…
Continue ReadingICCR “Investment Group” On A Re-commitment to “Racial Justice”
As our country collectively shudders at this most recent in a series of racial flash points – the very public…
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