BIBL News and Press, Inspire 100 From 01/08/21

The goods trade balance pre-pandemic was increasing, but from the pandemic onward, has trended sideways, with a downward move in latest months. Consumer goods accounted for a large component of the increase in imports, so may represent the shift in consumption patterns specific to the...

The headline December Services Purchasing Managers’ Composite Index is at percent 57.2, up 1.3 from 55.9 last month. Today's number came in above the Investing.com forecast of 54.6 percent. The Non-Manufacturing Business Activity Index at 59.4 percent is up 1.4 from a seaso...

The ISM composite services index posted a reading of 57.2 in December, rising 1.3 points from 55.9 in the prior month. Among the key components of the services index, the business activity index rose to 59.4 in December, up from 58.0 in November. The services new orders index incr...

Initial unemployment claims have remained above 700k in every single week for forty-two weeks, and there is, as yet, no end in sight. What the jobless figures show, as the ADP estimates on private payrolls have, and what the BLS payroll reports tomorrow probably will, is that the econ...

Will Biden's stimulus plans continue to buoy markets? Sectors to watch in 2021. What will benefit from a weak US dollar? For further details see: Will Biden's Stimulus Plans Fuel Markets In 2021?

Initial claims for regular state unemployment insurance totaled 787,000 for the week ending December 26, down 3,000 from the previous week's upwardly revised tally of 790,000. The number of ongoing claims for state unemployment programs totaled 5.206 million for the week ending Decemb...

20 years ago, investors not only paid 10 times revenues for Sun Microsystems, but also paid that ridiculous multiple for 44 other stocks in the S&P 500 Index. Currently, nearly 60 of the S&P 500 Index components trade at more than 10 times revenues. There's no telling when...

Georgia runoff results not priced into markets. 2021 "blue ripple" market drivers. Will the USD continue to fall? For further details see: Will A Blue Washington Turn Markets Green Or Red?

The current EPS estimate of $139.22 for the S&P 500 is 21.6% below the estimate of $177.60 at the start of the year, but the index gained 16.3% even though earnings collapsed. Earnings could be up more than 20% in 2021, so the market is expecting some normalization, but is that al...

This is the most difficult year in many decades to write one of these. Never before have both the macro and finance environments been so exceptional. The biggest unknown for 2021 is what happens to the giant household savings bubble. There are a very wide range of possible outcomes ba...