America's Economic Future – A Discussion By Ted Kavadas
Here are two charts that I have found interesting from a Technical Analysis perspective. I believe they are helpful in understanding the current stock market situation. I would like to reiterate my view that we are in a bear market rally, albeit subject to conditions I spoke of in my June 2 post. Here is …
In March of 2009 I wrote an article titled “A S&P500 Target of 100?” I am sure that the mere idea of such a target seems impossible to many. However, for a variety of reasons, many indicated in the aforementioned article, I believe that such a target is not only possible but increasing in likelihood. …
On Friday, The Wall Street Journal had an article titled “Why This Isn’t Like 1938 – At Least Not Yet.” Ever since the onset of the “Financial Crisis” there has been a continual flow of comparisons of our current economic situation to that of The Great Depression. Last year I wrote about these comparisons on …
For a variety of reasons, I am not as enamored with ECRI’s WLI and WLI Growth measures as many are. However, I do think the measures are important and deserve close monitoring and scrutiny. Toward that end, I recently came about a July 5 article, found here, from Doug Short that provides a good (and …
Frequently, one hears of the high profits and large (from a historical perspective) cash positions of companies. While this may be true more or less, especially among larger companies, I believe that it depicts the current overall business environment in an overly positive light. As I have written of previously, there are significant problem areas …
This post is an update to posts of March 17 and January 13. Here is a chart of the U.S. Dollar on a monthly basis since 1983: chart courtesy of StockCharts.com On the aforementioned March 17 and January 13 posts, I spoke of numerous reasons to expect, and fear, a U.S. Dollar decline, both from …
Occasionally I hear “That won’t be allowed to happen,” which has been said by many prominent people within the political, financial and economic community. This phrase, in essence, is meant to say that some type of severe economic weakness or other calamitous economic event won’t, and can’t, occur. I find this phrase rather mystifying; rarely …
Just a couple of quick administrative notes… Obviously, changing past posts’ content is disingenuous. However, sometimes it is necessary. My policy has been, and will continue to be, the following: I allow myself to change post content on the same day the post is created, to allow for editing, rewording, accuracy, formatting, etc. After that …
On June 17, ContraryInvestor.com had a chart that showed retail sales per capita since 2005. Total retail sales, as depicted, includes autos and gasoline: Below the Retail Sales Per Capita is a chart of the S&P Retail Sales Index. Of course, this view of total retail sales, on a per-capita (factoring in population growth) basis, …
On June 22 Ivan Seidenberg, Chairman of The Business Roundtable, gave a speech (pdf) to the Economic Club of Washington. Here are some notable speech passages: “But frankly, we have become somewhat troubled by a growing disconnect between Washington and the business community that is harming our ability to expand the economy and grow private-sector …