Excerpt from CNBC quoting DataTrek’s Nick Colas: …. “Wall Street analysts dramatically underestimated earnings leverage in Q2 and are being very cautious in revising their estimates for the rest of…
Author: DataTrek Research
JOLTS: Jump in Openings & Quits
The US labor market may have recovered 42% of jobs lost since the COVID pandemic shut down businesses (9.3 million jobs added from May-July 2020 out of 22.2 million lost…
US Jobs Report: Focus On Labor Force Participation
Three points on Friday’s US Jobs Report to consider: #1: We’ve moved from a snapback in the US labor market (May/June data) to a follow-on phase of (hopefully) slower but…
Food Inflation Hot, Equity Money Flows Not
Three Data topics today: #1: US Food Inflation. While aggregate US good-and-service inflation remains muted (June CPI +0.7%), food inflation has been rising dramatically. This is especially true in the “Food…
Barron's: "Bank Stocks Aren’t Leading the Charge This Time. Here’s Why."
Excerpt from Barron’s quoting DataTrek’s Nick Colas: …. “It will take a lot of good economic news before the Federal Reserve allows [the banks] to increase dividends or buy back…
IBD: "Is Apple Still The Best? How All 5 Big Tech Stocks Compare"
Excerpt from Investor’s Business Daily quoting DataTrek’s Nick Colas: …. “Given the power of these tech giants, the tech sector (plus Amazon) could control upward of 40% of the S&P…