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State of the State
State of the State
OK, going to officially go on record as saying volatility is too high. Here's why I say that. Yes, financials look like a disaster again. But unlike last Fall, nothing else really does. Tech doing pretty well. Energy names look alright. And so on. Even with yesterday's scary drop, SPY remains ...
Empire State Manufacturing Survey (overview) - Federal Reserve Bank of New York
newyorkfed.org — Survey Indicators Seasonally Adjusted The Empire State Manufacturing Survey indicates that conditions for New York manufacturers deteriorated... significantly in February. The general business conditions index fell to a new low of -34.7. The new orders ... (more) Empire State Manufacturing Survey (overview) - Federal ...
Kansas budget crisis: State tax refunds on hold
Kansas budget crisis: State tax refunds on hold
kansascity.com — State tax refunds, Medicaid reimbursements and payments to local schools are all on hold because of a... political showdown between Kansas legislative leaders and Gov. Kathleen Sebelius. (more) Kansas budget crisis: State tax refunds on hold
Jeffrey Sachs: 5 Points on the Critical State of the Economy
huffingtonpost.com — Here is my general assessment of where we are from an economic point of view, putting the... political dynamics mostly aside for the moment. I believe that we should do much better on fiscal policy than we are doing as a nation. (1) There is no room, nor ... (more) Jeffrey Sachs: 5 Points on the Critical State of the Economy
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Wednesday links: outperforming your neighbor
Abnormal Returns — ... the economy recovers, investment in new and expanding companies will keep a lid on the earnings — and thereby stock prices — of established, incumbent corporations.”  (Economix) Companies with high cash-to-asset ratios tend to outperform.  (CXO Advisory Group) S&P 500 volatility continues to drift lower. (Condor Options, Daily Options Report) A new intermediate-term ETF ...

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