The Morning Call
1/15/21
The
Market
Technical
Thursday in the
charts.
Fundamental
Headlines
The
Economy
US
December retail
sales fell 0.7% versus expectations of being flat; December PPI was +0.1%versus
+0.2%.
International
November UK industrial
production fell 1.0% versus estimates of +0.5%; November GDP fell 2.6% versus
-5.7%; November manufacturing production was +0.7%, in line; November construction
output was -1.4% versus -8.1% and the November trade balance was -L5 billion
versus the October reading of -L2.3 billion.
Other
The stimulus is stimulating.
https://thereformedbroker.com/2021/01/14/surprise-surprise-the-stimulus-is-actually-stimulating/
Credit
card data show new stimulus backed spending spree.
Global
economy enters double dip recession.
Update on seven high frequency economic indicators.
https://www.calculatedriskblog.com/2021/01/seven-high-frequency-indicators-for_11.html
The
Fed
Talk of tapering is just talk.
https://blogs.uoregon.edu/timduyfedwatch/2021/01/13/talk-of-tapering-is-just-talk/
But there is a paradox in tapering talk.
https://www.zerohedge.com/markets/rates-rhetoric-tapering-paradox
Fiscal
Policy
The failure of the college loan program.
https://americanconsequences.com/the-failure-of-the-college-loan-program/
China
What trade war?
The
coronavirus
US coronavirus hospitalizations decline for
first time in months.
The benefits of taking zinc in fighting the virus.
Bottom
line. A clear signal of insanity (must read).
https://compoundadvisors.com/2021/a-clear-signal-of-insanity
News on Stocks in Our Portfolios
What
I am reading today
A word of caution on bitcoin.
https://www.advisorperspectives.com/commentaries/2021/01/13/bitcoin-magic-internet-money
Visit Investing
for Survival’s website (http://investingforsurvival.com/home)
to learn more about our Investment Strategy, Prices Disciplines and Subscriber
Service.
No comments:
Post a Comment