Billshrink put together this nifty infographic: punch in your year of birth and see how much it cost at that time for some basic American consumer commodities:
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Mick Weinstein
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The latest New Residential Construction report shows further weakness in the sector, with permits and groundbreaking declining sharply for multifamily projects.
You can still find quality dividend-paying stocks in atypical sectors, including technology, says Harvest Financial’s John Fattibene.
Not only did hedge funds as a class underperform the S&P 500 by fully 10% through May 10, but only a small sliver of funds managed to outperform it.
The S&P 500 is not often down for five consecutive weeks, so one has to think this might be the week the market attempts a rebound. There’s a good chance of a bounce, but whether it happens is another question.