US Consumer Sentiment Revised Down, Remains Highest Since 2004

US Consumer Sentiment The University of Michigan’s consumer sentiment for the United States was revised down to 100.7 in October of 2017 from 101.1 in the preliminary estimate and lower than market expectations of 100.9. Yet, it is still the strongest number since January 2004 amid more favorable consumers’ assessments of current economic conditions as well… Please follow and like us:

Read More

Face Off: Stocks vs. Bonds And The Economic Outlook

There is a healthy debate between those who work in fixed-income markets and those in the equity markets about who is better at assessing markets. The skepticism of bond guys and gals seems to help them identify turning points. The optimism of equity pros lends to catching the full run of a rally. As an ex-bond… Please follow and like us:

Read More

SEC Rejects Bitcoin ETF, Creating Bitcoin Buying Opportunity

Doom and gloom has descended on the Bitcoin community in the wake of the SEC’s decision to REJECT the Winklevoss Bitcoin Trust ETF. As I and so many others have written, this rejection is no surprise, and it’s approval was in no way crucial to the success of the Bitcoin experiment. The odds were stacked against… Please follow and like us:

Read More