From the BEA: Gross Domestic Product, Fourth Quarter and Year 2022 (Second Estimate) Real gross domestic product (GDP) increased at…
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Weekly Initial Unemployment Claims decrease to 192,000
The DOL reported: In the week ending February 18, the advance figure for seasonally adjusted initial claims was 192,000, a…
Continue ReadingCan Walmart Weather the Storm?
Walmart’s (WMT) stock price jumped slightly over half a percent last Tuesday upon releasing its Q4 2022 earnings report. The…
Continue ReadingVehicle Sales Forecast: Vehicle Sales to be up Year-over-year in February
From WardsAuto: U.S. Light-Vehicle Sales, Inventory Continue Upward Climb in February (pay content). Brief excerpt: With inventory expected to record…
Continue ReadingFOMC Minutes: All participants continued to anticipate ongoing rate increases
From the Fed: Minutes of the Federal Open Market Committee, January 31–February 1, 2023. Excerpt: In their consideration of appropriate…
Continue Reading“No Landing” — Sugarcoated Words for Stagflation?
This chart is from our MarketGauge product called Big View. Coming into the FOMC, the sentiment for risk is neutral.…
Continue ReadingHome Depot Is Heading For The Bargain Basement, Be Ready
Home Depot is moving lower after weak guidance that may be too optimistic for 2023. Cash flow remains strong and…
Continue ReadingMedtronic Stock, A Bottom Is In Play
Medtronic bottoms and looks ready to push higher after solid results. A turnaround is in play that should gain momentum…
Continue ReadingMolson Coors: Time To Buy More Or Tap Out?
Molson Coors popped following results but the move is not all its cracked up to be. Shares of this stock…
Continue ReadingCompanies Successfully Balancing Sustainability With Affordability
The concept of “going green” sounds good on paper. Companies across the globe are setting goals to operate more efficiently…
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