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A significant number of pundits focus on the ECRI Weekly Leading Index (WLI) in their quest to make sense of the stock market’s most likely direction, whereas some advisors and economists are highly critical of the measure. But what is the ECRI WLI all about? [...] More on this topic (What's this?) Is the U.S. Economy Still in a Recession? (Money Morning, 4/27/12) What's Wrong with the U.S. Economy (Wealth Daily, 4/28/12) The Recovery is a Lie (Learn Mining News, 3/26/12)
“I expect the rally to last for only a few more days with highs for the S&P 500 and FTSE 100 to be reached by next week at the latest,” Robin Griffiths from Cazenove Capital told CNBC. “I expect losses for equities throughout August and September and see an October low for the S&P 500 of 940,” he said. [...] More on this topic (What's this?) Economist Gary Shilling: S&P 500 will drop 43% this year? (Value Investing, 4/11/12) Is This Bull Market Over? (Investment U, 4/16/12) Sell in May and Go Away? No Way! (Wall Street Daily, 5/10/12)
German business confidence improved strongly in July, taking economists by surprise. The business expectations, current situation and business climate indices are all approaching the highs last seen at the start of 2007. [...] More on this topic (What's this?) German Firm Gives the Future of Cyborgs a Helping Hand (Wall Street Daily, 4/24/12) Germany Set to Invest $260 Billion in a Renewable Revolution (Money Morning, 3/21/12) Germany Now Also Has a Housing Crisis? (Value Investing, 5/8/12)
Contrary to expectations, UK GDP growth in the second quarter of this year exceeded expectations by a significant margin. The economy grew by 1.6% compared to a year ago, while the market expected 1.0%. The growth in the preceding two quarters was also upped somewhat. [...] More on this topic (What's this?) China’s Manufacturing Sector Stabilizes (Wall Street Daily, 4/23/12) ECRI's WLI and Deficit Spending (Kirk's Market Thoughts, 4/30/12) GDP Growth Disappoints Comes In At 2.2% (Value Investing, 4/27/12)
Don Coxe has updated his popular webcast on Friday, July 23. Follow the link from this post. [...]
On this week’s WealthTrack, Consuelo Mack interviews Hersh Cohen, Chief Investment Officer of ClearBridge Advisors, a division of Legg Mason. The key question posed to him is: “How long can low yielding bonds deliver better returns than some of America’s highest quality blue chip companies, which have dividends offering competitive yields and have a history of increasing dividends every year?” [...] More on this topic (What's this?) Bonds: The Most Important Asset Class (Expected Returns, 4/18/12) Emerging Market Bonds: Less Risk Than You Think (Investment U, 5/11/12) How to Play Low Natural Gas Prices With Bonds (Investment U, 4/17/12) | ||||||||||||||||||||||||||||||||||||||||||||||
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