US Consumer Confidence at 16-Year High, Sign of Sustained Spending

US Consumer Confidence at 16-Year High, Sign of Sustained Spending

US Consumer Confidence at 16-Year High, Sign of Sustained Spending $DIA, $SPY, $QQQ, $VXX Consumer confidence, including views about the US economy, last week marked a 16-year high, indicating spending will remain solid. Confidence among Republicans rose to an almost 10-year high, while comfort of independents was strongest in more than 16 years, Democrats are […]

A 5 to 10% Pullback in the Market will be Bullish

A 5 to 10% Pullback in the Market will be Bullish

A 5 to 10% Pullback in the Market will be Bullish And Low Inflation in the US is Like a Tax Cut for the Economy Economist Larry Kudlow, a former adviser to President Ronald Reagan, said he is Bullish stocks because profits are rising, inflation is low and consumer confidence is high. “I’m very Bullish […]

Business Leaders in Asia Optimistic but Cautious

Business Leaders in Asia Optimistic but Cautious

Business Leaders in Asia Optimistic but Cautious YPO, the premier chief executive leadership organisation in the world, reported today that confidence among business leaders in Asia rose in the first quarter of 2017 (Q1 2017), reaching a two-year high. The YPO Global Pulse Confidence Index for Asia increased for the second consecutive quarter, gaining 2.1 […]

Economic Confidence Among Middle-Market Companies at Record Highs

Economic Confidence Among Middle-Market Companies at Record Highs

Economic Confidence Among Middle-Market Companies at Record Highs The Government’s War Against Business is Over Confidence in the US economy among middle-market companies has reached a new high in early Y 2017, the National Center for the Middle Market at Ohio State University said. With 9 of 10 middle-market leaders indicating a positive perception of the […]

Trump Effect: US Consumer Optimism Strongest Since November 2000

Trump Effect: US Consumer Optimism Strongest Since November 2000

Trump Effect: US Consumer Optimism Strongest Since November 2000 $DIA, $SPY, $QQQ, $VXX Consumer sentiment climbed in early April to 3-month highs as consumer optimism on current economic conditions under President Donald Trump rose to its strongest marks since November 2000. The University of Michigan Surveys of Consumers (MSI) said its preliminary April consumer sentiment […]

The Trump Effect: US Consumer Confidence Highest in 16 Years

The Trump Effect: US Consumer Confidence Highest in 16 Years

The Trump Effect: US Consumer Confidence Highest in 16 Years US consumer confidence rose to its highest mark in more than 16 years, a strong gain for one of President Donald Trump’s preferred economic indicators. The Conference Board said Tuesday that its consumer confidence index rose to 125.6 in March from 116.1 in February, the […]

Consumer Confidence (MSI) Up in March, Americans More Satisfied

Consumer Confidence (MSI) Up in March, Americans More Satisfied

Consumer Confidence (MSI) Up in March, Americans More Satisfied $DIA, $SPY, $QQQ, $VXX US Consumer Confidence up in March as Americans were more satisfied than any time in 16 years with the current state of their finances and the economy. The University of Michigan (MSI) said Friday that its preliminary index of sentiment increased to […]

“American Spirit” Ignited, US Business & Consumer Confidence Running High

“American Spirit” Ignited, US Business & Consumer Confidence Running High

“American Spirit” Ignited, US Business & Consumer Confidence Running High $JPM, $GS Jamie Dimon, 60 anni, said President Trump’s economic agenda has ignited US business and consumer confidence and he expects at least some of the administration’s proposals to be enacted. “It seems like he’s woken up the animal spirits,” Mr. Dimon, Chairman and CEO […]

Unprecedented Trump Stock Market Rally Signals Confidence & Optimism

Unprecedented Trump Stock Market Rally Signals Confidence & Optimism

Unprecedented Trump Stock Market Rally Signals Confidence & Optimism $SPY, $BA Friday, the US major stock market indexes finished a run of 7 straight session highs and the S&P 500 was up for the 4th week running in the unprecedented post-Presidential election US stock market rally. The latest stock market highs show a “great level of […]

Majority of Americans Back President Trump’s Muslim Travel Ban

Majority of Americans Back President Trump’s Muslim Travel Ban

Majority of Americans Back President Trump’s Muslim Travel Ban 51% Americans support President Donald Trump’s travel ban, an IBD/TIPP poll reveals. Overall, American’s believe President Donald Trump ‘Means Business” Here are the poll highlights, as follows: 51% support his executive order to temporarily block those from seven countries from entering the US, compared to 48% […]

US Consumer Confidence Running High

US Consumer Confidence Running High

US Consumer Confidence Running High Consumer Confidence rose more than forecast this month as Americans expressed the Sunniest picture of their financial situation in 11 years, extending a boost following Donald Trump’s election victory. The University of Michigan (MSI) said Friday that its preliminary index of sentiment rose to 98, the highest since January 2015, […]

US Consumer Confidence Spikes to Highest Mark in Decade

US Consumer Confidence Spikes to Highest Mark in Decade

US Consumer Confidence Spikes to Highest Mark in Decade $DIA, $SPY, $QQQ, $VXX US consumer confidence rebounded this month to the highest mark in more than 9 years. The Conference Board said Tuesday that its consumer confidence index registered 107.1 in November, up from 100.8 last month and highest since July 2007. Americans’ assessment of […]

Confidence Has Returned To Investors in Wake of Trump’s Election

Confidence Has Returned To Investors in Wake of Trump’s Election

Confidence Has Returned To Investors in Wake of Trump’s Election $SPY, $DIA, $UBS Just 2  weeks before the US Presidential election, 50% of wealthy investors were fearful of turmoil in the stock markets. Many either pulled some of their money out or moved it into more conservative investments, according to a survey by UBS Wealth […]

Gloom on Wall Street, Lower Crude Oil Prices Hit Stocks Globally

Gloom on Wall Street, Lower Crude Oil Prices Hit Stocks Globally

Gloom on Wall Street, Lower Crude Oil Prices Hit Stocks Globally $DIA, $SPY, $QQQ, $VXX Global stock markets fell Wednesday after some disappointing earnings reports and as a drop in Crude Oil prices dragged down shares in energy companies. The FTSE 100 of Britain dropped 1% to 6,949 while Germany’s DAX fell 1% as well, […]

The Week Ahead on Wall Street

The Week Ahead on Wall Street

The Week Ahead on Wall Street $V, $AAPL, $CAT, $BA, $KO, $XOM This week Q-3 earnings season hits full stride, with 178 members of the S&P 500 reporting to Wall Street. Included in this group are 12 DJIA componenets: Monday: Visa (NYSE:V) Tuesday: 3M Co. (NYSE:MMM), Apple (NASDAQ:AAPL), Caterpillar (NYSE:CAT), DuPont De Nemours (NYSE:DD), Merck […]

  Australia’s Economy Showing Resilience to Commodity Slump, Risk Lingers

  Australia’s Economy Showing Resilience to Commodity Slump, Risk Lingers

Australia’s Economy Showing Resilience to Commodity Slump, Risk Lingers $MCO Australia’s economy is continuing to display resilience to commodity price declines, however external financing risks do linger, global ratings agency Moody’s Investor Services said Wednesday. Australia’s growth should continue to outpace its commodity exporting triple-A (stable) rated peers New Zealand, Canada and Norway over the […]

Muni Bond Yields & Barron’s Confidence Index

Muni Bond Yields & Barron’s Confidence Index

Muni Bond Yields & Barron’s Confidence Index $DIA, $GLD, $SLV Finally, after two months the stock market saw a little excitement last Friday; the Dow Jones Industrial Average (DJIA) almost broke below 18,000 at the close. Two “policy makers” said FOMC “policy” isn’t market driven; that they may actually increase their Fed Funds Rate: twice […]

US Manufacturing Pressured By Strong USD Fell in June

US Manufacturing Pressured By Strong USD Fell in June

US Manufacturing Pressured By Strong USD Fell in June $DIA, $SPY, $QQQ, $VXX New orders for US factory goods fell for a 2nd month running in June on weak demand for transportation equipment and capital goods The US Commerce Department said  Thursday that new orders for manufactured goods declined 1.5% after a Southwardly revised 1.2% […]

Dubai Business Conditions Improved in June

Dubai Business Conditions Improved in June

Dubai Business Conditions Improved in June The Emirate saw the fastest rise in new work since March 2015, according to the Emirates NBD index  Dubai’s private sector posted stronger growth in June, mainly due to improving business conditions in the travel and tourism and wholesale and retail sectors, according to the monthly Emirates NBD index. […]

Obama Admin, Fed Laud Economic Growth, Consumers Disagree

Obama Admin, Fed Laud Economic Growth, Consumers Disagree

Obama Admin, Fed Laud Economic Growth, Consumers Disagree $DIA, $SPY, $QQQ, $VXX Consumer Confidence unexpectedly fell in May for a 2nd month as American consumers are less than enthusiastic about the current state of the economy, a report from the New York-based Conference Board showed Tuesday. The Conference Board’s Sentiment Index fell to 92.6 i […]

Abenomics Not Likely to Lift Japan Out of Sluggish Growth

Abenomics Not Likely to Lift Japan Out of Sluggish Growth

Abenomics Not Likely to Lift Japan Out of Sluggish Growth Statistics released Wednesday showed Japan recorded better-than-expected economic growth numbers in Q-1 of the year. However, economists said the real picture may not be as rosy as it looks to be based on preliminary statistics. The reform plans championed by Prime Minister Shinzo Abe, known […]

China’s Economy Seeing Stable Growth in 2016

China’s Economy Seeing Stable Growth in 2016

China’s Economy Seeing Stable Growth in 2016 Recent figures have shown that the Chinese economy has generally seen stable growth with deepening supply-side structural reforms, an official from the National Bureau of Statistics said Monday. Meanwhile, measures have been taken to expand total demand in the 1st 4 months of this year, contributing to economic […]

Monday’s Technical Outlook for DJIA (.DJI)

Monday’s Technical Outlook for DJIA (.DJI)

Monday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wall Street ended mixed last Friday and not far from the opening marks. The DJIA added 21 pts to finish at 18,003.75, the S&P 500 closed flat to unchanged at 2,091.58 and the NAS Comp lost 39 pts to end the day at 4,906.23. The DJIA held […]