Green Shoots in Retail, Jobs and Philly

Fast Facts About Today’s Economic Data U.S. Retail Sales rebounded +1.6% in March and accelerated on Y/Y Basis. Initial Jobless Claims fall for 5th week in a row. Philly Fed Index shows sharp rebound in New Orders. What Brexit? U.K. Retail Sales up +6.6% Y/Y. No...

Green Shoots in China

Fast Facts About Today’s Economic Data U.S. Trade Balance improved once again as China and EU imports plunged in February. U.S. Mortgage Purchase Applications at 9 year high. China Q1 GDP comes in just above expectations (+6.4% Y/Y) thanks to Industrial...

Alden US Morning Energy Sales Commentary

The API reported a 3.1mmb draw (Cushing: 1.6mmb), a 3.6mmb draw in mogas, and a 2.3mmb build in distillates. All-in-all a positive report although the distillate build may not auger well for the natural gas storage. XEC: Charles Robertson, Alden’s Head of Energy...

U.S. Bank Statistical Report

Flat yield curve drives bank stock valuations down, despite signs of continued, though slower, economic growth The outlook for the U.S. economy continues to grow more subdues. We have not heard any predictions of a recession in 2019, but the word is appearing in more...

Earnings Preview – 1Q19

Slower economic growth and unfavorable yield curve present challenges, still anticipating modest EPS growth for banks in the first quarter of 2019. The economy continues to perform well in 2019, though there’s no question that the pace of growth has slowed compared to...

Publications Overview

Research is a core competency of the Firm; Alden focuses on providing in-depth analysis on individual sectors including financial services and energy. Our publications include bonafide research reports as well as market and sector commentary. We seek to generate value for our clients through differentiated thoughts and opinions, investment ideas, and management access opportunities. In addition to providing opinions on large-cap companies, we also research under-followed companies in niche markets where we take time to evaluate their businesses and the people who run them to uncover hard-to-find value. Our research publications include: Initial Reports, Company Updates, Earnings Previews, Earnings Reviews, Monthly Statistical Reviews, and other notes and reports. We provide our clients corporate access via conference calls and non-deal roadshows in either one-on-one or group settings.

Recent Publications

Green Shoots in Retail, Jobs and Philly
Green Shoots in Retail, Jobs and Philly
Macro Research & Commentary
Green Shoots in China
Green Shoots in China
Macro Research & Commentary
Alden US Morning Energy Sales Commentary
Alden US Morning Energy Sales Commentary
Energy Research & Commentary