Succinct Summations for the week ending January 26th, 2018 Positives: 1. Markets closed at another set of record highs. 2. Consumer spending rose by 3.8%, up from 2.2% previously and above the 3.6% expected increase. 3. Durable goods orders rose 2.9% m/o/m, above the 0.6% expected increase. 4. New home sales fell 9.3% from a…
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Three Ideas for How Apple Should Use All That Cash The company is great, yes, but it can’t let so much money sit idle. Bloomberg, January 26, 2018 Back in November 2017, I suggested that Apple Inc. should use some of its immense cash stockpile to buy rather than build its video library and streaming…
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Below is one of my favorite housing charts, courtesy of Calculated Risk. It gives some people fits, but the explanation is very simple: Home buying follows a very distinct annual cycle, relating to several factors, but mostly the calendar school year (September to June) and the weather. Parents shopping for a new home know it is…
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My end of week morning train reads: • Sir Isaac Newton: Scientific Genius, Investing Fool (Moneybeat) • The Argument for Ditching the 401(k) and Starting Over (Bloomberg View) • Everyone’s a ‘Buy and Hold’ Investor Now. But Can You Stay That Way? (Wall Street Journal) • The tricks propagandists use to beat science (MIT Technology Review) • You’re Ordering Wine Wrong: star sommelier Robert Bohr…
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I was never much of an Alfa fan when I was younger, but I have to admit the lines and details on the 6C are intriguing. It was not the fastest car on the road, with its inline 2.5 liter 6-cylinder making anywhere from 90 hp to 125 hp version you see here, with those…
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Voting with their wallets? Consumer expectations after the EU referendum Tamara Li, Nicola Shadbolt, Thomas Stratton and Gregory Thwaites Bank Underground, 10 JANUARY 2018 Consumption growth remained fairly steady in the immediate aftermath of the UK vote to leave the European Union in June 2016. But how did consumer expectations…
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