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Category: Economy

  • Inflation Next Year

    Inflation Next Year

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    by

    CALRIAINC
    in ,

    With incoming president Trump’s inauguration drawing closer the rhetoric surrounding the use of trade tariffs is heating up. A lot of discussion has focused on their inflationary impact. With some pundits predicting a nearly 1% increase in inflation next year. As with most things in this world the devil is in the details. With the…

  • A Strong November

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    by

    CALRIAINC
    in ,

    I hope everyone had a great Thanksgiving with their friends and family. A strong November was followed by a mixed week to begin the final month of the year. The major averages saw the S&P 500 gain 58 points or .96%, the NASDAQ advanced 642 points or 3.34% while the DOW lost 268 points or…

  • Recession, what recession?

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    by

    CALRIAINC
    in , ,

    With all the screaming and shouting continuing in the post-election period. I can hardly hear myself think, let alone pay close attention to the voices in my head. Which brings me to this week significant economic and market data. Recession, what recession? It’s the Economy Stupid! With 4th quarter GDP tacking +2.6% per the latest…

  • The Market Giveth

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    by

    CALRIAINC
    in , , ,

    The market taketh away. For the week the Dow lost 544 points or 1.24%, the NASDAQ fell 607 points or 3.15% while the S&P 500 lost 125 points or 2.08%. In the post-election period, the market giveth to cryptos with Bitcoin posting solid gains. The market taketh away from gold as it is considerably off…

  • A Huge Week

    A Huge Week

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    by

    CALRIAINC
    in , ,

    A huge week for the Republicans and a huge week for the markets. The Republicans shocked many after the election gave them not only the presidency. But also control of the House and Senate.

  • Black October for the Major Averages?

    Black October for the Major Averages?

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    by

    CALRIAINC
    in ,

    Despite finishing October on a rough note. The major averages wrapped up a usually difficult month mixed.

  • 3rd Quarter Earnings Review

    3rd Quarter Earnings Review

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    by

    CALRIAINC
    in , , ,

    37% of the S&P 500 companies have reported 3rd quarter earnings, 75% have beaten earnings estimates to date. The 5.7% average beat rate, however, is lackluster by historical standards. In contrast, this represents the 5th consecutive quarter of rising earnings. At the sector level meanwhile, IT, Communications and Health Care are reporting the strongest 3rd…

  • Solid Numbers

    Solid Numbers

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    by

    CALRIAINC
    in , ,

    The major averages finish another strong week, posting solid numbers. The S&P 500 hits a new record, wrapping up its longest weekly winning streak this year.

  • Another Strong Week

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    by

    CALRIAINC
    in , , ,

    The major averages finished another strong week as earnings season gets underway. The S&P 500 gained 64 points or 1.1%, the NASDAQ increased 205 points or 1.1% while the DOW added 511 points or 1.2% despite a volatile beginning. Elon Musk’s Cybercab and Robovan event failed to materially impress investors. Leading to sharp declines in…

  • That Soft Landing

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    by

    CALRIAINC
    in , ,

    The major averages ended the week essentially unchanged, despite several significant events. (Fill in the blank) won Tuesday’s Vice-Presidential debate. Friday’s employment report exceeded expectations, effectively eliminating the possibility of another ½% rate cut next month. Therefore, we might just achieve that soft landing. Despite all the recession talk and pessimism this year, the S&P…