by Keven Young | Nov 17, 2020 | alerts, Crash of 2020, Markets/Economy, Secular Bulls/Bears
U.S. retail sales fell short of estimates in October rising only 0.3%, the lowest pace in the last six months. The median estimates by Bloomberg’s survey of economists was a 0.5% increase.  The miss could be the catalyst for a 5% to 10% market correction. This...
by Keven Young | Sep 30, 2020 | alerts, Markets/Economy
During the month of July 2020, the savings rate as a percentage of disposable income was 17.8%. For the seven months ended July 31st, 2020, savings rates averaged 17.7% (harmonic mean of 13.7% & geometric mean of 15.6%). This compares to the 7.5% average for...
by Keven Young | Jun 24, 2020 | alerts, Markets/Economy
Tortoise Acquisition Corporation (symbol: SHLL) has announced their acquisition of Hyliion Inc. Hyliion is entering the industry of green energy trucking. Hyliion’s biggest competitors are Tesla and Nikola Motors. Their Mission is to “Be the leading powertrain...