INSIGHTS
JAN
16
COSTA’S CORNER
“Hump? What hump? With apologies to Mel Brooks and Young Frankenstein there is a story that has been developing for over two years and it just seems like no one cares or if they do care, they are not taking it serious. Brexit. The UK’s planned move out of the European Union this March is a major story with what could be Worldwide implicatio...
JAN
15
COSTA’S CORNER
The law of unintended consequences, maybe. It’s not yet the biggest story of 2019 but it soon will be and that’s part of the problem. The partial US Government shutdown has put roughly 800,000 people on furlough. Some of them are working through the shutdown because their jobs are considered essential yet not critical but they are not getti...
JAN
14
COSTA’S CORNER
Dig a little deeper, things may not be what they seem. This being the second full week of January, it’s earnings season! The two-week period where companies release detailed financial reports about how well they did (or didn’t do) in the previous three months. That report also contains what the company thinks about its present business prospe...
JAN
10
COSTA’S CORNER: I’M PARTIAL TO VIETNAMESE FOOD TOO.
The light at the end of the tunnel that is this trade war with China gets brighter and dimmer each day. When you think there will be a resolution, there isn’t. When you think things will get worse, they don’t. I say enough already. Fix it or I am going somewhere else. According to several different sources, it appears there are manufacturers ...
JAN
7
COSTA’S CORNER: COULD THIS BE THE START OF SOMETHING BIG?
Over the last 10 years I have seen reactions to bad JOBS reports and I have seen reactions to good Jobs reports and depending on the Feds stance, it’s usually fairly predictable. In the past, the Fed has watched these reports very closely and based monetary policy on the data we see and the data we don’t. In the past, the Fed has been pretty pr...