-
Reporting season in full bloom: Oct 19-23
We will have earnings reports from more than 400 US companies this week, among them […]
-
September car & parts sales almost back to lows of the year
This was predictable: After the end of the “cash for clunkers” program (scrapping incentive) sales […]
-
Risk premium back to pre-Lehman levels
Government bonds are considered risk-free (governments can always print money to pay off debt – […]
-
Real Treasury yields higher than a year ago
Here’s the current yield curve (blue) compared to 4 (black) and 52 weeks (orange) ago. […]
-
Are stocks cheap?
How do we determine if stocks are over- or undervalued? Future earnings estimates are, as the name suggests, just estimates (and often wrong). On top of that they suffer from a positive bias by the analyst community. Past (reported) earnings are at least real, but they do not hold much information about the future. One…
-
Technical Indicators: Bollinger Bands
Bollinger Bands are a technical analysis tool invented by John Bollinger in the 1980s. How does it work? You basically take a moving average (eg 21 days) and lay around this trend a band by adding and subtracting sigma (volatility) times a konstant k. Now you get a channel. The observed stock (or index etc)…
-
70% Capacity Utilization = no inflation
Would you raise your prices if you had 30% idle capacities? No, since the producer next door would be more than happy to increase production and sell his stuff at the lower price.
-
US Monetary Base
Today we take a look at the growth of the US Monetary Base, and why inflation has not occurred. With M1 / M2 growth slowing down dramatically, and possibly turning negative, implications for the stock markets are negative.
-
-
Month: October 2009
Archive
- August 2023
- June 2023
- May 2023
- April 2023
- November 2022
- August 2020
- June 2018
- April 2018
- March 2018
- December 2017
- November 2017
- October 2017
- July 2017
- May 2017
- April 2017
- September 2015
- July 2015
- June 2015
- March 2015
- February 2015
- June 2014
- May 2014
- April 2014
- June 2013
- May 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- June 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- December 2009
- October 2009
