Housing Starts last month grew 12% to 1.264 million seasonally adjusted, annualized units, well in front of the 4.1% growth expected and 1.260 million units in the consensus estimate.
Industry Production reached +0.6& and Capacity Utilization posted 77.9% -- both higher reads than expected.
August Retail Sales reached +0.4%, easily surpassing the +0.1% estimate. Imports fell to -0.5% and Exports were -0.6%.
A headline of +0.1% for August is roughly ahead of the breakeven analysts were expecting, and down from the unrevised +0.2% from July.
September has performed strongly thus far, up 1.5-2.0% on the major indexes.
Discussing a "value-creation opportunity," Elliott speaks of AT&T -- which bought media major Time-Warner's assets for $85 billion in June 2018 ??? as being "deeply undervalued."
Inside the top-and-worst-performing leveraged ETFs of last week amid renewed hopes of U.S.-China trade talks.
The private sector recorded only 96K new jobs last month -- roughly lower than what's needed to cover retirees in the domestic labor market month over month.
Volatility for the market looks under-priced for the month of September. If you are really worried, you can try these ETF strategies.
Robust jobs numbers with a pending interest rate cut and an unresolved trade war many market participants have chosen to turn optimistic about, are fueling the pre-market.
These high-beta ETFs should gain on U.S.-China trade talk hopes.
This morning, the trade deficit for July came in at -$54.0 billion -- lower than the $53.4 billion expected.
In trade-induced August, gold ETF, low-volatility ETF and safe sectors like consumer staples generated considerable assets.
A new round of tariffs levied in the ongoing trade war between the U.S. and China were put into place Sunday.
These figures have been creeping up nicely over the past several months, but we will keep an eye on whether this slowdown is temporary or part of something significant.
August witnesses fluctuations in the US-China trade tensions, a gold surge, still-decent U.S. economic data points and maximum chances of a no-deal Brexit. These factors bring a few ETFs in focus.
Momentum ETFs could gain in the near term on signs of easing US-China trade tensions.
Style Box ETF report for DEF
August was trade-war trodden and dealt a blow to the broader equity market. These sector ETFs were among the most-hurt ones.
August has been all about renewed trade tensions and a host of global rate cuts. These ETF areas were the winning and losing ones.