Source: Angry Bear
Open thread Feb.3, 2014
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German Retail Sales Underperforming
The euro zone continues to struggle with economic data heading into the fourth quarter of 2011. This morning’s publication of Germany’s retail sales revealed even more sluggish growth in the region’s largest economy. The report was expected to show a healthy month-on-month growth of 1.1{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}, a solid uptick from…
Corporate Profits
Yes I am playing with FRED. My thoughts about the graph after the jump. First isn’t that a long name for a time series ? Profit measurement is controversial. Non-accountants such as myself are afraid to even go there. Wouldn’t you have guessed a larger ratio ? So much …
Stocks Set More All-time Highs; NASDAQ Closes Above 5000
March kicked off with more new highs and the NASDAQ Composite index closing above 5000 for only the third time in its history. The last time the NASDAQ was at these levels was March 2000! All-time highs for the Dow and S&P 500 is not a bearish signal, but many will …