This morning retail sales for April came in well below the forecast. The commerce department reported that retail sales were...
The economy is improving
May 6, 2014 10:02:36 AM
First quarter’s GDP report came in at 0.1% growth which was not expected to be that low, but all the pundits blamed the...
Earnings Scorecard
Apr 22, 2014 12:28:08 PM
Granite Group has discussed market valuations and earnings driving this market forward many times this year. According to...
Starting over
Apr 14, 2014 9:53:49 AM
On March 17th, with the stock market up strong, we predicted a pullback would be coming soon. On Thursday and Friday of...
Earnings season kicks off
Apr 7, 2014 10:34:23 AM
On Tuesday companies will report what should be a very interesting earnings season. The first quarter had the S&P up a mere...
Much ado about nothing...
Mar 28, 2014 1:18:29 PM
This week we received a lot of economic data that does not give a clear direction to what the economy is doing. Indicators...