It’s been a long time since we’ve heard the phrase “irrational exuberance” or “green shoots” continuously in the press. Perhaps there is good reason for this as both are reflective of turning points in the market. Today we see leading, lagging and coincident indicators all supporting a growing market, a positive or expanding tone to… Continue reading Irrrational Exuberance
Tag: Consumer Spending
By the Numbers: What Do They All Mean?
“What’s in your wallet” is the famous question posed by Capital One. U.S. consumer spending accounts for a significant portion of GDP. Weather has apparently soured our spending mood according to the economists reacting to the soft economic numbers in the first quarter, especially the recent low print on GDP. There seems to be universal… Continue reading By the Numbers: What Do They All Mean?
The Spring Thaw
The latest batch of economic data confirmed that much like the return of greenery to the gray winter landscape, the financial environment around us continues to improve as well. This “Goldilocks” economy is one of not too hot or not too cold. The data points are mixed with a positive trend. This is exactly the… Continue reading The Spring Thaw