Archives for May, 2015

  1. May 22, 2015

      We are approaching a very large US macroeconomic data point on May 29 – the revised Q1 US GDP reading. I want to raise a little red flag. It should come as no surprise to our readers that Q1 US GDP came in at a very anemic .2% growth.[i] In fact, for several years we… More >>

  2. May 18, 2015

      If you have been reading our recent posts, you know we have become increasingly concerned about corporate earnings growth. Although speculators will make investments based upon a host of reasons, we tend to stay focused on what matters...earnings. Earnings have been… More >>

  3. May 11, 2015

      There was a lot going on during the week with earnings season coming very close to an end and a big jobs report on Friday. Earnings are weak and got weaker as the season progressed.[i] On the other hand, the job market heated up considerably in April from a revised,… More >>

  4. May 4, 2015

      As we anticipated in last week’s post, US GDP did come in at a very disappointing 0.2% growth.[i] This was anemic and also much slower growth than the expected growth of 1.0%.[ii] When you examine the component parts of US GDP, (Consumption + Investment + Government… More >>