Doug Short | TalkMarkets | Page 27
Vice President of Research at Advisor Perspectives
Contributor's Links: Advisor Perspectives
My original dshort.com website was launched in February 2005 using a domain name based on my real name, Doug Short. I'm a formerly retired first wave boomer with a Ph.D. in English from Duke and a lifelong interest in economics and finance. In 2011 my website was acquired by more

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ECRI Recession Watch: Weekly Update Advisor Perspectives
The Weekly Leading Index of the Economic Cycle Research Institute is at 133.0, up from last week's. The WLI annualized growth indicator to one decimal place came in at 2.5, up from last week's 1.9.
New Jobless Claims At 330K, A Bit Better Than Expected
The Unemployment Insurance Weekly Claims Report was released this morning for last week. The 330,000 new claims number was a 15,000 decline from the previous week's 345,000, an upward revision from 339,000.
S&P 500 Snapshot: The Index Rises After A Confusing Employment Report
The much anticipated December Employment Report was a bizarre mixed bag -- weak job creation but a surprising decline in unemployment.
Anticipating The December Employment Report
The most important economic news this week is Friday's employment report from the Bureau of Labor Statistics. This monthly report contains a wealth of data for economists.
Current Market Snapshot
European indexes were in rally mode before the US markets opened, and the EURO STOXX 50 subsequently logged a 1.36% Tuesday gain. The 8:30 AM Trade Balance data came in much better than expected. The S&P 500 opened near its 0.11% intraday low and rallied to its 0.73% intraday high a little over an hour later.
The S&P 500, Dow And Nasdaq Since Their 2000 Highs
So far the 21st Century has not been especially kind to equity investors. Yes, markets usually do bounce back, but often in time frames that defy optimistic expectations.
Crestmont Market Valuation Update
Based on the December S&P 500 average of daily closes, the Crestmont P/E is now 80% above its arithmetic mean, up from 79% above mean the previous month and 73% the month before that.
World Markets Weekend Update: Year-End Rally Followed By Profit Taking
The past week straddled the boundary between 2013 and 2014 and was variously interrupted by holidays. But the dominant pattern was profit taking in the opening days of 2014.
S&P 500 Snapshot: 2014 Opens In A Minor Key
On Tuesday the S&P 500 closed out 2013 with a major bang, setting another all-time high. Today, the first market day of 2014, the index opened in a minor key with selling pressure from the opening bell.
New Jobless Claims A Disappointing 339K And Trending In The Wrong Direction
The Unemployment Insurance Weekly Claims Report was released this morning for last week. The 339,000 new claims number was a decline from the previous week's 341,000, an upward revision from 338,000
ISM Manufacturing Index Slipped 0.3% In December
Today the Institute for Supply Management published its December Manufacturing Report. The latest headline: PMI at 57.0%
World Markets Weekend Update: A Rally For The Last Full Week Of 2013
All eight indexes in my international focus group posted gains over the holiday abbreviated week. The top performer, up 2.18%, was the UK's FTSE, an honor it last achieved way back in February.
S&P 500 Snapshot: Another Day, Another All-Time High
Here is a 15-minute look at the past six sessions, starting with the big post-FOMC rally on December 18th
New Jobless Claims At 338K, A Big Drop From Last Week
Last week's Unemployment Insurance Weekly Claims Report released
S&P 500 Snapshot: Another Day, Another All-Time High
Today was a big day for economic news. The index ended the day up 0.53%. Another day, another all-time high. Now take a look at these charts for some context.
Weekly Gasoline Update: Up Three Cents
How far are we from the interim high prices of 2011 and the all-time highs of 2008? Here's a visual answer.
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