The Morning Call
5/11/21
The
Market
Technical
Monday in the
charts.
Fundamental
Headlines
The
Economy
US
The April small business
optimism index was reported at 99.8 versus 98.2 in March.
International
March Japanese
household spending rose 7.2% versus
estimates of +2.1%.
April Chinese CPI
came in at -0.3% versus expectations of -0.2%; YoY PPI was +6.8% versus +6.5%.
The May German
economic sentiment index was 84.4 versus forecasts of 72.0; the EU economic sentiment
index was 84.0 versus 66.3 recorded in April.
Other
Biden’s
Plan
Heads Uncle Joe wins, tails you lose.
Many making more on unemployment than
working.
Inflation
Higher prices leave consumers feeling the
pinch.
https://www.wsj.com/articles/consumers-adjust-to-higher-prices-11620552601
Bottom line.
The CAPE ratio is
very high.
https://theirrelevantinvestor.com/2021/05/10/the-cape-ratio-is-very-high/
The problem with pulling
forward sales and earnings.
https://www.zerohedge.com/markets/problem-pulling-forward-sales-revenue
If everyone sees
it, is it still a bubble?
https://www.zerohedge.com/markets/if-everyone-sees-it-it-still-bubble
News on Stocks in Our Portfolios
What
I am reading today
Every civilization that declined or was lost carried an
all-powerful State on its back.
https://unclenap.com/recovery-or-relaxed-robbery/
Joke of the day.
https://townhall.com/political-cartoons/2021/05/10/182389?hpnl=true
SNL cast members were not happy
about Elon Musk’s appearance.
https://www.washingtonpost.com/arts-entertainment/2021/05/06/snl-cast-elon-musk-host/
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