On February 27, 2018, Macy’s reported its Q4 2017 and FY17 results. With some retailers and especially Macy’s, following the numbers for the 4th quarter can be cumbersome, as they had offered holiday sales guidance updates previously. On January 4, 2018, Macy’s offered its November and December 2017 sales in a press release as follows: “Comparable sales on an owned…
This past week was yet another turbulent week for the major averages, but they managed there best week in...
By the team at Merrill Lynch Macro Strategy—Global Growth Weakening Fast, Fed On Track To Make Matters Worse: The...
One could make the argument that this is one of the more predictable market pullbacks in recent memory. The...
Welcome to this week’s State of the Markets. Please click the following link to review this week’s SOTM. In this week’s episode, we record live on...
In bull markets, investors are blind to the risks. In bear markets, investors are blind to the opportunities ~...
Back in the 1980s, Dr. Ed Yardeni popularized the phrasing that concerned an investor population, which was believed to...
Equity markets are in the midst of a growth scare for reasons we think will ultimately be resolved by...
The rise in inflation and the Fed’s reaction to it has been a real headwind for valuations this year....
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