In-Depth
One question about the Job Market
Is the US Labor market strong or weak? The answer depends on what figures one looks at. A year ago, the US labor
market entered a very controversial phase, where its condition depends on what we look at. In this
review we share our view on the matter.
Japan
Since the start of 2022 the Japanese yen has devalued more than 50%. On July 25th the yen’s rate broke its historical high that was touched once in 1990 and went into the territory where it used to be in 1986—1990. The question is how far the yen can weaken.
US Construction sector
The high-rate environment in
theory should negatively affect the construction sector. Over the past two
years we have observed the opposite picture: record housing starts, rocketing employment
in the sector and house prices growing faster than inflation.
Debt ceiling
The US Debt ceiling once again has become a serious issue like it was in 2011 when S&P downgraded the credit rating of the US. It raised questions on a possible US debt default.
Inflation pressure
Global equity markets have been under huge pressure in recent months. The closest technical pattern could be observed in the beginning of 2000, when the dot-com crash happened. We have highlighted this phenomenon several times....
Stanley Black and Decker (SWK)
In 2022, SWK experienced the perfect storm which has driven the company’s stock price more than 60% down from its top in July 2021. This happened due to a combination of factors, some are still valid, some not. From a historical perspective this fall is the strongest...