Michael Gouvalaris's Comment & Analysis
A complete archive of Michael Gouvalaris's articles, including current analysis & comment.
Personal spending increased +0.2% in April, matching street estimates. Spending on services increased +0.4% while spending on goods fell -0.1%. Adjusted for inflation, real personal spending...
Retail sales are the perfect example of how inflation can distort the data. Here are the results over the last 4 years:
April 2021 - April 2025
Total (EPA:TTEF) retail sales: +19%
Real...
Last week was full of important data and earnings. While this week isn’t as busy, there are a few important things to watch for.
For economic data:
Monday: April ISM Services PMI (50.2 est.)
The...
Two of the biggest companies in the world, Microsoft (NASDAQ:MSFT) and Meta (Facebook (NASDAQ:META) parent), are both up over 5% in after-hours after reporting strong earnings results.
Microsoft...
Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) crushed its Q1 earnings expectations, with EPS coming in a whopping 40% ABOVE what the street was anticipating. The biggest earnings beat in at least the last 8...