U.S. wage increases are accelerating, and the pickup may go over well with Fed policymakers as they consider their next move on interest rates
Wages
Author: Rick Picon
Brexit
Pound Surges as Johnson on Brink of a Brexit Deal. A Brexit deal looks highly likely but it will likely take an extension to get the deal signed, sealed, and delivered
Shanghai Home Sales
Shanghai Home Sales Plunge 86% in Golden Week. Golden Week, a seven-day Chinese holiday, is traditionally a peak period for home sales. This year, sales plummeted. Sales of new homes in Beijing dropped to their lowest level since 2014 during the week following the National Day holiday. Beijing faces the dilemma of all speculative markets: … Continue reading Shanghai Home Sales
Student Debt
Student debt may be preventing many would-be U.S. homeowners from having enough money for a down payment.
Earnings on the Horizon
Companies in the S&P 500 Index need this earnings season to be above average once again to avoid their first drop in profit since 2016. S&P 500 earnings per share have exceeded analysts’ end-of-quarter estimates by an average of 3.6 percentage points since 2011, according to data compiled by Bloomberg. Gaps of 5.1 points in … Continue reading Earnings on the Horizon
Dividends and More Dividends
Looking for S&P 500 companies to pay out more than $500 billion in dividends this year for the first time.
Where’s the Love?
Energy stocks have played a diminishing role in the S&P 500 Index for years, and a rally Monday did little to reverse the trend. The industry’s weight in the S&P 500 has plummeted as much as 73% from a record in July 2008, according to data compiled by Bloomberg. Oil and gas producers and service … Continue reading Where’s the Love?
Nasdaq
Even before today Nasdaq stocks were showing signs of life
Is the American Dream Dead?
American Dream: 68% of Millennial Homeowners Regret Buying a Home A Bank of the West study finds that 68% of millennials regret buying a home.
Consumer Credit Report
Families Go Deep in Debt to Stay Middle Class: Revolving Credit Jumps 11.2% The Fed's consumer credit report shows a jump in total credit and an even bigger jump in credit card debt.