Condor Capital Management

Explore: GDP: Faster Growth Than Meets the Eye?

GDP: Faster Growth Than Meets the Eye?

GDP

When economists, journalists, and politicians talk about the strength or weakness of the national economy, they cite one main statistic: GDP. The metric, which stands for Gross Domestic Product, singlehandedly quantifies the output of national economies, guides the action of central banks, and acts as the universal benchmark for when economies officially enter and exit recessions. Continue reading “GDP: Faster Growth Than Meets the Eye?”

DOW 20,000 — Does It Matter?

Dow

On January 25th of this year, the Dow Jones Industrial Average (DJIA/Dow) passed the 20,000 milestone for the first time ever. Seemingly every media outlet began to host discussions regarding whether investors should get back into the marketplace, how much further stocks can go, and a multitude of other investing-related topics. Continue reading “DOW 20,000 — Does It Matter?”

Holiday Retail Sales

Retail

Each year, more deals and promotions seem to enter the marketplace in hopes of enticing holiday shoppers to spend more, or even to get them to actually come to the store itself. Expectations on how major retailers will perform and notifications regarding the level of confidence consumers have with the economy are rampant throughout the holiday season. Continue reading “Holiday Retail Sales”

The Competing Effects of a Strong Dollar

Dollar

Recently, amid excitement over the possibility of the Dow Jones Industrial Average reaching 20,000, the U.S. dollar somewhat quietly hit a 14-year high. The greenback moved higher following December’s Fed meeting, in which the central bank raised rates and put out a hawkish statement on the possibility of more rate increases next year. In the following weeks, the dollar has continued to grind even higher. Beyond just the headlines, what does this actually mean for American consumers, businesses, and investors?

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What to Make of Recent Treasury Yield Moves

treasury

There are a couple of recurring themes that have seemed to dominate the financial news in recent weeks: the rise of the major indexes to record highs in equities and the steep rise in treasury yields. Since growth and interest rate expectations factor into both moves, these two headlines may seem like two sides of the same coin; yet there is a major difference between the two.

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The Facts and Fictions of Black Friday Sales Figures

Black Friday

The core of the holiday shopping season is gradually spreading, moving from Black Friday to Cyber Monday and now even reversing to encroach on Thanksgiving, as more and more stores open their doors just as most Americans are finishing their turkey. This trend highlights how eager retailers are to cash in on the all-important holiday season; as a result, what exactly should investors make of the ensuing sales figures?

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Deal or No Deal? American Businesses Have a Clear Answer

Mergers

If you’ve picked up on the news stories regarding mergers and acquisitions this month, you’re on to something – whether it’s AT&T’s bid for Time Warner or today’s announcement of GE seeking to combine its oil and gas business with Baker Hughes. While the number of deals may not be at record highs, the value of the deals certainly are.

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What Does the Recent Compromise In Trenton Mean For New Jersey’s Residents?

Deal

Politicians from both sides of the aisle in Trenton have finally reached an agreement to replenish the Transportation Trust Fund after many delays. While all residents of the Garden State won’t be impacted the same, the implications will be far-reaching nonetheless. The new deal confirms a 23-cent hike in the gasoline tax, which on top of the current 14.5 cent/gallon tax – brings this tax to 37.5 cents per gallon, up to the seventh-highest in our country.

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