The Profit Motive September 3
Posts under ‘Daily Market Comment’
KPIG Radio / The Profit Motive September 3
The ISM Services Index fell a much larger then expected 2.8 points to 51.5 in August, Weakness was seen across the board, employment went negative at 48.2, New Orders slipped to 52.4 while Business Activity fell to 54.4.
KPIG Radio / The Profit Motive September 2 Audio
The Profit Motive September 2
KPIG Radio / The Profit Motive September 2
This suggests that labor based cost control may have reached its limit. While 1-month does not make a trend if this continues it will have a negative impact on profits going forward and also market valuations.
KPIG Radio / The Profit Motive September 1 Audio
The Profit Motive September 1
KPIG Radio / The Profit Motive September 1
The sad reality is that the first package did little in the way of promoting real organic economic growth despite goosing the GDP figures, primarily because most of it was horribly misdirected.
KPIG Radio / The Profit Motive August 31 Audio
The Profit Motive August 31
KPIG Radio / The Profit Motive August 31
The FDIC 2nd Quarter Banking Profile is out. Problem banks increased by 54 to 829 involving 403 billion in assets, a decrease of 28 billion from the first quarter.
KPIG Radio / The Profit Motive August 30
The amount of time between actual default and foreclosure which has reached 469 days or 15.4 months a figure that has been steadily increasing and provides a strong financial incentive to pursue strategic default.
KPIG Radio / The Profit Motive August 27 Audio
The Profit Motive August 27
