Authored by Michael Pento via PentoPort.com,
Surveys of both consumers and businesses show there is an extreme level of confidence regarding future GDP growth. Consumer confidence is now at its highest level since 2001. Small and medium-sized business owners, the driving force of growth in the economy, appear downright giddy; as the NFIB Small Business Optimism Index recently soared to its highest level since 2004.
Via Kevin Muir of The Macro Tourist blog,
Submitted by Kevin Muir via The Macro Tourist blog,
...on Yardeni , stocks , CRB Raw Industrials , initial jobless claims , consumer confidence.
Years ago I stumbled upon this interesting stock market indicator created by famed strategist Ed Yardeni. I was intrigued because contrary to most equity models, Yardeni’s formula did not include the traditional inputs of earnings or interest rates.
By Chris at www.CapitalistExploits.at
Note: The following is a parody. Characters are fictional (some, at least) and any similarities that may exist with people real or imagined are purely coincidental. Really!
December 10, 2015, around 2 AM