Why Big Beer Is Struggling In The Age Of The Hipster Craft Beer

Why Big Beer Is Struggling In The Age Of The Hipster Craft Beer

    Note to Big Beer: Beware the affronted beard! MillerCoors, the joint venture between SABMiller plc (SBMRY) and Molson Coors Brewing Company (TAP), is facing a class-action lawsuit from craft beer enthusiasts for having the audacity to imply that Blue Moon—one of the fastest-growing beer brands in America—was a craft beer. Given the affection that hipsters have for all things vintage, […]
Surprise! Strong Swiss Franc Fails To Sink Economy

Surprise! Strong Swiss Franc Fails To Sink Economy

They All Said a Strong Currency is Bad … We feel absolutely certain that the people running the SNB won’t be convinced by any evidence, whether theoretical or empirical, that puts their misguided assessment of the alleged dangers of “deflation” and a strong currency into doubt. In spite of Switzerland’s reputation as a nation of that holds […]
March 2015 Business Inventories And Sales Improve

March 2015 Business Inventories And Sales Improve

Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) shows unadjusted sales improved compared to the previous month. However the current dollar values are in contraction year-over-year while the inflation adjusted values are in expansion. The inventory-to-sales ratios improved but are still at recessionary levels.   Econintersect Analysis: unadjusted sales rate of growth accelerated 1.1% […]
Top Performing Global Mutual Funds For Q1 2015

Top Performing Global Mutual Funds For Q1 2015

According to Lipper, the average diversified U.S. stock mutual fund returned 2.5% in Q1, while international funds gained 4.5%. Meanwhile, Morningstar’s (MORN) data showed that US investors added $66.2 billion into foreign-focused mutual funds and ETFs in the first quarter. This was significantly up from inflows of $37.9 billion in the comparable year-ago quarter. According […]
Mortgage Credit Easing

Mortgage Credit Easing

Now, before people get their panties in a bind and start yelling “bubble” or “standards are getting too loose again” please just skip to the end to see where we are today vs the actual bubble years. We are nowhere even remotely close to what we saw from ’04-’06. Not are we not even remotely […]
Ralph Lauren Beats On Q4 Earnings, Provides FY16 Outlook

Ralph Lauren Beats On Q4 Earnings, Provides FY16 Outlook

Ralph Lauren Corporation (RL – Analyst Report) reported better-than-expected results for the fourth quarter of fiscal 2015, wherein earnings per share of $1.41 came ahead of the Zacks Consensus Estimate of $1.32. On a currency neutral basis, quarterly earnings came in at $1.69 per share, a penny ahead of the year-ago figure of $1.68. Ralph Lauren Corporation – […]
Zillow Group, Inc. Report Focuses On Trulia Acquisition; RBC Capital And Canaccord Genuity Weigh In

Zillow Group, Inc. Report Focuses On Trulia Acquisition; RBC Capital And Canaccord Genuity Weigh In

Zillow Group Inc (NASDAQ: Z) posted first quarter 2015 results on May 12. The online real estate database posted wider losses than anticipated but strong mobile growth. Much of the report reflected the Trulia acquisition; the competitor bought by Zillow in February for $2.5 billion. Zillow confirmed that Trulia’s integration is on track to be completed […]
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                        Why Stock Prices Are What They Are, Part 1

E Why Stock Prices Are What They Are, Part 1

Did you ever have one of those days when you can’t decide if you want to break something or cry? I had one of those days last week. I was expressing my view in an online forum that credible investing strategies begin with an idea, something that derives one way or another from the body […]
Lithium Demand Will Grow Faster Than Experts Imagine

Lithium Demand Will Grow Faster Than Experts Imagine

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. It all started with Tesla’s (TSLA) announcement of its battery giga-factory in February, 2014. That news was discussed endlessly with breathless excitement. The news sparked a revival in lithium, cobalt and graphite juniors. For example, Western Lithium […]
Dismal Retail Sales Numbers Suggest Recession Likely Underway: Overall +0.0%, YoY +0.9%, Department Stores -2.2%

Dismal Retail Sales Numbers Suggest Recession Likely Underway: Overall +0.0%, YoY +0.9%, Department Stores -2.2%

Economists were surprised by the dismal retail sales report this morning. That’s not surprising because economists are nearly always surprised.  The Bloomberg Consensus retail sales estimate was a rise of 0.2%, but sales came in at 0.0% and the details were ugly, emphasis mine.   Consumer confidence may be strong but it still is not translating to strength for […]