thependulumswings

In the last seven days passion has come to the fore.  Robert Kraft news kicked it off as we learned of his passion for massages (cheap ones at that) and women of the Asian persuasion.  President Trump (who loves the ladies quite a bit as well) was passionate in his attempt to get North Korea …

Friends This morning’s GDP release was quite a pleasant surprise. With most analysts expecting a number south of 2% for the 4th quarter of 2018, it was a bit of a stunner that we saw 2.6% growth in the quarter. Even more surprising was how business investment contributed to the strong number, as did consumer spending. Along with that surprisingly […]

Infrequent visits to karaoke bars have all resulted in the same result for this writer.   Friends, family, strangers, and bouncers alike all highly recommended that I “keep my day job.”  Well, their point is understood to a point.  Yesterday, if you had a day job good for you.  Those job responsibilities hopefully kept you safely …

It’s old news to you now that Amazon, Inc., try as it might to not, decided to pull the plug on their new New York headquarters #2.  A year-long “contest” ended with Virginia and New York both winning the “Amazon please be thy neighbor” prize.  But, then New York started acting like a petulant child.  …

Last week, riding its post All Star NBA weekend high, nike unveiled its latest technologically advanced, lightest weight, and most breathable basketball sneaker ever.  Just Do It.  It’s light weight was achieved by removing the entire outsole.  With the entire bottom of the foot exposed the air circulation is second to none.  It was quite …

As Thursday, February 21st faded into the evening like week-old roses, who knew what was in store for the dead of winter Friday, February 22nd?  After all, on Wall St. what is known as the triple witching hour had already come and gone Friday a week prior.  But, the world of business, sports, and …

You don’t need someone to put a gun to your head to take a couple of days off do you?  Enjoy, Monday is just about 60 hours away……..59…….

Friends Stocks rallied today after yesterday’s modest selloff as hopes continue to build that a trade deal with China will eventually come to fruition. This, despite the continued weakening economic data and another disastrous earnings release from a large American icon Kraft Heinz. As we have mentioned, the weakening economy will surely keep the Fed on the sidelines for a […]

Randall Stephenson, AT&T CEO, answered a wide range of questions yesterday in a back and forth with Maria Bartiromo while appearing on the Fox Business Channel.  In ten minutes or so of air time Bartiromo had Stephenson cover his companies finances, outlook, debt, direction, long view of tv viewing, content, etc, etc. We paraphrase the …

Friends A plethora of less than stellar economic data finally put a little damper on the nearly 7 week rally. With interest rates extremely low and the Fed now firmly on the sidelines with regards to future rate hikes, the markets are going to have to decide going forward, if bad news is bad news for stocks or not. You […]