These charts don’t go together, but I think interesting nonetheless!

 General Interest, Investing  Comments Off on These charts don’t go together, but I think interesting nonetheless!
Feb 222019

Another group of beneficiaries from the new tax law – Accountants.

For all the headlines Alphabet has received, this is kind of interesting. Dominos stock has actually outperformed since the went public. Either one would have been a good investment 15 years ago, but 3600% does beat 2500% rather handily!

Banking – Savings Account Rates

 Economy, General Interest  Comments Off on Banking – Savings Account Rates
Feb 222019

The difference between bank savings account rates at Online Banks versus Brick and Mortar Banks is rather dramatic.

However, it would appear that a tightening of the Interest Rate Spread is not the issue!

Meanwhile, the Federal Deposit Insurance Corp. said the new tax law drove double-digit profit growth at U.S. banks last year. Banks collectively notched record annual profits of $236.7 billion, up 44% from 2017.

Two Charts – What do they Mean? Are they related?

 Economy, General Interest  Comments Off on Two Charts – What do they Mean? Are they related?
Feb 132019

I saw these two charts this morning one from the Wall Street Journal’s Daily Shot and the other Axios Markets.

This appears to highlight the quite remarkable economic recovery since the great recession. Increasing Job Openings is a very good way to address the needs of the Unemployed looking for jobs. On the other hand when the two numbers cross, we may be moving into interesting territory for wage growth / inflation.

Once upon a time, the US National Debt was supposedly not necessarily a good thing. I guess I was never overly concerned about the US Budget Deficit. But, it was always thought there were limits. Based on the very rapid growth in the deficits since the Great Recession, we may find out if there are in fact any ramifications to the level of US Government debt.

Trade War – Effective: Yeah or Nay

 Economy, General Interest  Comments Off on Trade War – Effective: Yeah or Nay
Feb 112019

I found this chart and blurb on Axios about the effect of the tariffs that the Trump Administration has imposed on imports from China on the bi-lateral trade deficit. At least at first glance, it would appear that the tariffs have had an impact albeit a somewhat smallish effect. On the other hand, the trade war has the potential to be very disruptive for the Ag Economy.

Data: U.S. Census Bureau; Chart: Naema Ahmed/Axios

“Tariffs reduce imports and, all else equal, reduce the U.S. bilateral trade deficit. The complication lies in the fact that China retaliates by reducing imports from the U.S., thus pushing up the bilateral deficit. In addition, the tax cut boosted domestic demand in the U.S. for imports from China and everywhere else. If tariffs hadn’t changed, the bilateral deficit would have likely widened anyway because of the tax cut. “If tariffs remain in place in some sort of ‘extended truce’ we would see a more apparent decline in U.S. imports from China as frontloading will soon be water under the bridge. If all tariffs are removed (the consensus is that this is unlikely) chances are imports would normalize, reversing most of the decline we’ve seen so far.”— Gene Ma, Head of China Research, Institute of International Finance

Recession Mentions

 Economy, General Interest  Comments Off on Recession Mentions
Feb 112019

It appears that we will measure almost anything nowadays! I have no idea regarding the validity of this metric, but here’s the chart from Axios.

The good news would be that whatever its validity may be, the number of mentions is lower than it has been.

On the other hand, you might notice that up until the economy was actually in a recession in 2009 -2010 there weren’t all that many mentions prior to that point either.

Inspite of Everthing Else going on – Here’s some Good January News!

 Economy, General Interest  Comments Off on Inspite of Everthing Else going on – Here’s some Good January News!
Feb 012019

It appears the S&P 500 had its best January in over 30 years.

Unfortunately, January might only look good compared to other Januarys. For the past twelve months, the performance is not all that inspiring. Even though the S&P 500 is only down marginally during that time period, it is still quite a bit lower than its mid October high.

Now I see that its performance is dependent on how the Patriots do in the Super Bowl?