U.S. Inventory Remains Elevated, With Some Signs It Is Getting Worked Off

posted in: Economy | 0

At the start of the year, real GDP in the U.S. was expected to grow at three percent or better this year.  Actual numbers are falling short – substantially.  In the first three quarters, growth has been on a sub-two-percent … Continued

NYSE Margin Debt Near All-Time Highs — Implications For Stocks, C&I Loans

posted in: Credit, Equities | 0

NYSE margin debt just made an all-time high of $507.2 billion in April.  It fell 1.6 percent in May.  This was the first month-over-month drop in four months.  In the first five months this year, it grew nearly $43 billion.  … Continued

First m/m rise in six months in orders for U.S. business capX proxy — blip or trend?

posted in: Economy | 0

The U.S. factory report out yesterday has ignited a ray of hope. Orders for non-defense capital goods ex-aircraft (proxy for business capital expenditures) in particular were revised higher.  March went from $68.19 billion to $68.71 billion, and February from $68.54 … Continued