CHINA ISN’T IN NORTH AMERICA

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: * Updating NAFTA is easy compared to China-U.S. trade talks.   Expect this to get worse. * Chicago Fed National Activity Index slowed further. * Dallas Fed Manufacturing Index slows again as well. * German Ifo index rebounded in...

ENERGY SECTOR MISSING FROM EARNINGS PARADE

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: * Q2 Earnings continue to break records, but is the energy sector a canary in a coal mine? * U.S. Tax Cut continues to boost economy, as Tax Receipts remain down -1% Y/Y in August. * China’s “financial regulator” wants to boost...

CHINA LOAN GROWTH TURNS HIGHER

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: * China loans and money growth was strong in July. * U.S. Tax Receipts remain lower on a Y/Y basis, thanks to the tax cut. * Indian CPI slowed in July. CHINA NEW LOAN GROWTH UP +19% YTD: According to The People’s Bank of China,...

EARNINGS ARE UP, BUT TRADE WAR GETTING UGLY

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: * The trade war rhetoric is heating up, but so are S&P operating earnings. * Our GDP model sees 3%+ growth through 2018 and then 2%+ growth in 2019. Q2 S&P EARNINGS OFF TO RECORD START – BUT WILL A TRADE WAR DERAIL THE...
Menu

Sign Up for Bluestone's
FREE Weekly
Market Research E-mail

You have Successfully Subscribed!