Market Commentary

Retail Sales for March

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retail sales calendar

After 3 months in a row of falling retail sales in the face of a strengthening economy something had to give. Either the economic conditions were not as robust as other numbers were telling us or it was a temporary glitch affected by weather and other anomalies. In March the sales rebounded as reported this […]

Market Commentary

Inflation

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This week we saw inflation perk up at the wholesale level by .3% for the month of March despite lower energy costs. This means over the last year it is up 3%. Core wholesale inflation rose to .4%. That still leaves core inflation just under 3% for the year. These numbers are at the wholesale […]

Market Commentary

Jobs Report

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handshake for job

Last week’s monthly jobs report for March was a disappointment at 103,000, but that didn’t mean it was bad news for investors. First, maybe it was low because of the late winter blizzards on the east coast. There were three, and they clearly slowed construction which was one of the weakest components of the jobs […]

Market Commentary

Trade

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etf vs etn

There will be no trade war, but that does not mean that markets won’t continue to react to the threat. Anyone that has observed our president over the last year should realize that he is prone to grand or provocative statements and when it comes to those regarding trade he is in negotiation mood. President […]

Market Commentary

GDP

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gross domestic product

This week the final revision of GDP for 2017 came in at 2.9%, just shy of the closely watched 3% number. The reason it is closely watched is because since the 2008 recession the U.S. economy has not grown at 3% on an annual basis. A number that has always been achieved coming out of […]

Market Commentary

Momentum Investing

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momentum investing analytic

We at KPP Financial stress value investing by looking for those companies that are undervalued based on their fundamentals. Growth investing is based on the growth of sales and at times work very well. Over long periods Value trumps Growth but there are periods Growth takes the lead.   There is another kind of investing […]

Market Commentary

Leverage and Derivative Investment Vehicles

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investment vehicle

When it comes to investing there are many options. For the investor looking to participate in the stock market one can obviously buy individual stocks. Over the years mutual funds became the investment of choice and still dominate in retirement accounts employers provide. Then came ETFs (Exchange Trading Funds) which are very popular for those […]

Market Commentary

ETF vs ETN

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etf vs etn

Recently questions have been asked about the difference between exchange traded funds (ETF) versus exchange trading notes (ETN). ETNs are structured products that are issued as a senior note whereas ETFs is a stake in the underlying equity. So an ETN is like a bond in that they are unsecured and that hold various types […]