Thinking Global

Thinking Global

OVERVIEW   The U.S. stock market was mixed last week. The Dow dropped 1.38%, but tech stocks helped push the S&P 500 higher by 0.32% and the Nasdaq by 1.24%. The Russell 3000 Growth index posted a weekly gain of 1.5%, whereas its value counterpart fell 1.89%....
Leaving Port

Leaving Port

  The Baltic Dry Index.  It’s funny; despite having the word “dry” in its name, the Baltic Dry Index involves a lot of water.  This is because it measures changes in the cost to ship various raw materials such as coal, iron ore, and grains across the...
Pricing Power

Pricing Power

  This week’s indicator is all about pricing power.  When a company has pricing power, it can increase its prices and still maintain demand for its products.  Whether or not a company can do this depends on various factors.  But for many companies, labor is the...
Consumer Discretion

Consumer Discretion

OVERVIEW   U.S. stocks took a step back last week, with the S&P 500 falling 0.31%, the Dow declining 0.63%, and the Nasdaq dropping 0.69%. Growth stocks underperformed, falling about 0.6%, versus the 0.03% gain for value stocks. Foreign stocks were mixed. The...
Getting a Raise

Getting a Raise

  Above target inflation and widespread supply and labor shortages are things the U.S. economy hasn’t experienced in quite some time. The good news for workers, however, is that companies have raised wages at an exceptional rate in recent months, hoping to...