• All
  • Capitol Securities News
  • Equity Research
  • Independent Office
  • Locations
  • Market Commentary

Data posted yesterday was contradictory, perhaps the result of the shutdown. Weekly jobless claims unexpectedly fell to a four week low. Factory orders however declined more than expected. And then there were existing home sales which also missed their mark, the result...

Many times I have opined housing and autos traditionally lead a recovery. Auto sales are strong. Housing starts/sales are as well as it was reported yesterday housing starts—led by multifamily—rose to the second highest level since November 2007 (June 2015 starts were insignificantly higher)....

The Chairman of Shell stated with oil prices at current levels every oil firm will have to slash its budget, commenting further that most investments outside the Middle East does not make sense.  He further stated oil prices declining another 20% might be too optimistic,...