Macro Monday 36
The Redbook Index – U.S Physical Retail Store Sales
(Released Tomorrow Tuesday 4th March 2024)
This Johnson Redbook Index is very useful at providing the most current insights into consumer spending habits in the U.S. It is released every week covering the prior Mon – Sun consumer spend period in physical outlets around the U.S.
The index...
The posted is that of the US Consumer where are the funds coming from ?? no down turn YET. in each of the down turns looking at the chart in 1973/1974 ,1980/1982 , 1990/1991, ,2000/2002, 2007/2009 2023/2024 We had very clear BEAR MARKETS . once the spending turned down it lasted from 17 to 22 months
HILL Intl. is one of the largest construction management firms in the US. Guess whats coming in October - infrastructure bill. Will it happen? I think so.
HILL Intl. should be a recipient of some this cash (hopefully). See previous post.
Side note: it has done absolutely nothing since I added it. Could have placed in much better places but whatever. Holding...
Has recently broken out of a wedge with internal 5-count started in early November on news of stimulus passing.
A larger stimulus payment would be very bullish for $MA - likely enough to take it to & through ATH of ~$367.
Below are my targets & extended targets.
Entry: Either re-test of Wedge ($342) or Break above $348.21.
TG1: $355
TG2: $363
Extended...
US Consumer credit has fallen significantly, representing telltale signs that debt-intensive purchases have been falling signalling within North America that growth is beginning to show serious signs of depressed growth, of those similar to the '08 crisis. Because the US Yearly GDP is fueled by roughly 68% consumer-based debt/spending, this may be the beginning of...
Hold tight for this ride, there's a variety of reasons why bond prices will stagnate or fall.
Interest rates should rise and be higher than they are now; "should" certainly isn't a reason for something to happen, but there are scant monetary policy maneuverings available for the Fed to keep interest rates low and by extension, prop the stock market up much...
KSS had a great season with good growth.
Improved retail spending is sending revenue streams higher.
First target is anywhere over $50.
Final target if $50 breaks is $60 for 2016.
Retail earnings are in full swing this upcoming week!
Here is a TA based version of my expectations for the week.
In previous quarters the strong USD and the slow down in Consumer Spending hit profits hard.
With retail sales up throughout the quarter and consumer confidence at 2016 high, all around beats are expected.
Driving retail market capitalization back...
