The Morning Call
2/20/25
The
Market
Technical
Wednesday in the
charts.
https://www.zerohedge.com/market-recaps/stocks-bonds-surge-fed-minutes-hint-qt-taper
Fundamental
Headlines
The
Economy
US
Weekly initial jobless claims totaled 219,000
versus forecasts of 215,000.
Month to date
retail chain store stores grew much more rapidly than in the prior week.
The February
Philadelphia Fed manufacturing index came in at 18.1 versus projections of
20.0.
International
December EU construction output fell 0.1% versus
estimates of -0.5%.
January German PPI was -0.1% versus
expectations of +0.6%.
The February UK industrial
trends orders index was -28 versus estimates of -30.
Other
Wednesday in the economic charts.
https://dailyshotbrief.com/the-daily-shot-brief-february-19th-2025/
Part 2.
https://bilello.blog/2025/the-week-in-charts-2-19-25
Update on the state of the auto loan market.
Overnight
News
U.S. President
Donald Trump said on Wednesday he will announce fresh tariffs over the next
month or sooner, adding lumber and forest products to previously announced
plans to impose duties on imported cars, semiconductors and pharmaceuticals.
Trump said the
golden age of the US is back and it is open for business, while he will be
working with Congress to pass the largest tax cuts in US history and will
dramatically cut taxes with no taxes on tips and hopefully no taxes on social
security. Furthermore, Trump said they are considering a new concept where they
will give 20% of the DOGE savings to American citizens and with 20% to go to
paying down debt.
Senate
Appropriations Chair Susan Collins told reporters Wednesday afternoon that
funding negotiations with Democrats “are not going well” as lawmakers stare
down a government shutdown deadline in just over three weeks.
The European Union
is prepared to talk with the United States about reducing its 10 percent tariff
on cars as part of a broader negotiation aimed at avoiding a transatlantic
trade war.
Monetary
Policy
Latest FOMC minutes confirm Fed ‘pause’.
https://www.zerohedge.com/markets/fomc-25
Fiscal
Policy
DOGE poised to strike Defense Department.
https://www.zerohedge.com/political/incoming-doge-poised-strike-defense-department-mass-layoffs
It just keeps getting worse.
It appears that some of the DOGE headlines are
misleading.
https://mishtalk.com/economics/doge-is-careless-in-operation-and-reckless-in-reporting/
Recession
Assessing the latest housing starts and building permits numbers.
https://bonddad.blogspot.com/2025/02/housing-construction-declines-further.html
Inflation
Expected inflation and economic policy
uncertainty both up since election.
https://econbrowser.com/archives/2025/02/epu-and-expected-inflation
Tariffs
The bazooka diplomacy of Trump tariffs.
https://www.nakedcapitalism.com/2025/02/the-bazooka-diplomacy-of-trumps-tariffs.html
The risks in Trump’s tariff policy.
https://talkmarkets.com/content/us-markets/inflation-report-is-tariffying?post=481953
More on Trump’s latest tariff threats.
Investing
What is behind the
rise in the price of gold?
https://alhambrapartners.com/weekly-market-pulse-odd-happenings/?src=news
How tariffs impact
credit markets.
https://www.lpl.com/research/blog/how-tariffs-impact-credit-markets.html
Update on expected
S&P earnings.
Political
Calculations: Winter 2025 Snapshot of Expected Future S&P 500 Earnings
Investing for
security in unstable times.
Dealing with uncertainty.
https://behaviouralinvestment.com/2025/02/19/dealing-with-uncertainty/
The good, bad and
ugly in markets so far in 2025.
https://www.zerohedge.com/markets/good-bad-ugly-markets-so-far-2025
News on Stocks in Our Portfolios
Genuine Parts (NYSE:GPC) declares $1.03/share quarterly dividend, 3% increase from
prior dividend of $1.00.
Sherwin Williams
(NYSE:SHW) declares $0.79/share quarterly dividend, 10.5% increase from
prior dividend of $0.71.
What
I am reading today
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