The New Oil

The New Oil

  Some have said semiconductors are the new oil. The stock market agrees. Our featured chart this week shows the ratio of the Philadelphia Stock Exchange Semiconductor Index to the S&P 500 Index. This essentially illustrates how the semiconductor sector has...
Cozier Credit

Cozier Credit

  Good news on the financial front: credit conditions are on the upswing! According to the NDR Credit Conditions Index, our spotlight indicator this week, things are looking brighter for businesses and individuals looking to get loans or credit. What are credit...