Slower than expected GDP growth in the U.S.; faster than expected deflation in Europe
So which is the scarier news?
The U.S. economy grew at a 2.6% rate in the fourth quarter of 2014. That was down from the 5% increase in the third quarter. Inflation in the EuroZone fell to an annual negative 0.6% in January–that’s deflation folks.
Can McDonald’s return to growth trying to be cheap and ingredient conscious?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...The Fed says it’s as uncertain about effects of slow global growth on U.S. economy as most investors are
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Greece and Germany dig in
Germany and its austerity allies in the Netherlands and Finland have fired warning shots designed to head off any effort by the new Greek government of Alex Tsipras to reverse budget cuts and other measures initially put in place to win the 240 billion euro ($270 billion) bailout program for Greece.
Blow out quarter for Apple: What could drive the stock higher?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Shares of American Airlines fall on “sell the news” reaction to earnings; I’d use this drop to add to positions
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Durable orders drop; Microsoft and Caterpillar disappoint; and the pessimists rule today
Of the two stories fighting for mindshare among investors, today the negative is in the ascendant. The negative story is that a stronger U.S. dollar and slow growth in Europe, Japan, and (relatively) China will hurt earnings at U.S. exporters and cut into U.S. economic growth despite lower oil prices and low interest rates.
Syriza wins in Greece and NOW the euro politics really begin
European stocks outside Athens shrugged off Sunday’s election victory in Greece by the Syriza party. Syriza has promised to reverse major parts of the austerity program imposed by the country’s creditors. That’s going to put the country on a collision course with Germany and other fiscal hardliners worried that any relaxation of the terms of the Greek bailout package will lead to backsliding on crucial economic reforms
Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Reassuring existing home sales today ahead of a big housing week (and a Fed meeting)
Existing home sales grew by 2.4% in December to an annualized rate of 5.04 million. That was an increase from the revised 4.92 million annualized rate in November. The December number is reassuring for anyone worried about a slowdown in the U.S. economy after disappointing numbers from the retail sector