Gold Higher, USD Higher, Stocks Mixed to Lower  + Commodities

Gold Higher, USD Higher, Stocks Mixed to Lower  + Commodities

Gold Higher, USD Higher, Stocks Mixed to Lower  + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold strengthens on risk-off trade US Dollar (.DXY) Index up Crude Oil futures down on Saudi pledge US stocks mixed, Asia stocks off In Asia Gold prices are up early Tuesday as Asian stocks faltered, weighed down by political uncertainties around BREXIT and […]

Fed Will Fade, Halt Interest Rate Hikes After December

Fed Will Fade, Halt Interest Rate Hikes After December

Fed Will Fade, Halt Interest Rate Hikes After December $DIA, $SPY, $QQQ, $RUTX, $VXX Jim Cramer says Fed Chairman Jerome Powell will hike interest rates once more in December and then stop. “I just think he’s going to blink,” Mr. Cramer said on TV Monday “It’s going to be 1 and done in December. That’s […]

Gold Higher, USD Higher, Stocks Flat  + Commodities

Gold Higher, USD Higher, Stocks Flat  + Commodities

Gold Higher, USD Higher, Stocks Flat  + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold strengthens on risk-off trade US Dollar (.DXY) Index up Crude Oil futures up on supply/demand issues Stocks Flat to Unchanged In Asia Gold prices settled higher Monday morning in Asia, along with an advance in the USD. The increase in gold prices, a safe-haven […]

Gold Higher, USD Higher, Stocks Lower + Commodities

Gold Higher, USD Higher, Stocks Lower + Commodities

Gold Higher, USD Higher, Stocks Lower + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold strengthens on risk-off trade China’s growth slows US Dollar (.DXY) Index up on the week Crude Oil futures fall again on supply/demand issues In Asia Gold prices are higher Friday as Asian shares fell on renewed political and economic concerns including China’s weak […]

US Stocks Test on Fed Rates and Global Growth Concerns

US Stocks Test on Fed Rates and Global Growth Concerns

US Stocks Test on Fed Rates and Global Growth Concerns $DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 index closed just above its 200-Day MA, a Key indicator of long-term price trends. US stocks opened lower as Chinese stocks fell overnight, sparking concerns about the impact of trade tensions on China’s economy. Plus, concerns mounted […]

 Philly Fed Survey: Trump Trade Disputes Barely Slows Manufacturers’ Investment Plans

 Philly Fed Survey: Trump Trade Disputes Barely Slows Manufacturers’ Investment Plans

Philly Fed Survey: Trump Trade Disputes Barely Slows Manufacturers’ Investment Plans US Manufacturers in the northeast are largely shrugging off global trade disputes and plan to boost investments next year thanks to tax cuts, according to a Federal Reserve survey. More than 64% of business respondents in the Philadelphia Fed district said tariff and trade […]

Fed’s Current Monetary Policy Raise the Risks of Recession

Fed’s Current Monetary Policy Raise the Risks of Recession

Fed’s Current Monetary Policy Raise the Risks of Recession President Trump has criticized recent Fed rate increases, arguing that they threatened economic growth. The Fed’s current monetary policy path would raise the risks of recession in an economy where recent, unexpectedly strong growth may start to taper anyway, St. Louis Fed President James Bullard said […]

Gold Ranged, USD Firms + Commodities

Gold Ranged, USD Firms + Commodities

Gold Ranged, USD Firms + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold steady in narrow range Fed mins signal more rate hikes ahead US Dollar (.DXY) Index rises to 1-wk high Crude Oil futures fall for 1st session in 4 In Asia Gold prices held steady in a narrow range Thursday as Asian shares eased, […]

President Trump is Not Demanding a Monetary Policy Change at the Fed

President Trump is Not Demanding a Monetary Policy Change at the Fed

President Trump is Not Demanding a Monetary Policy Change at the Fed Wednesday, White House economic advisor Larry Kudlow said that US President Trump was not demanding a policy change at the Fed. President Trump heaped more criticism on the Fed Tuesday, calling rising US interest rates his “biggest threat.” The Trump Administration official said […]

Fed Hawks Want to Chill Roaring US Economy

Fed Hawks Want to Chill Roaring US Economy

Fed Hawks Want to Chill Roaring US Economy Despite sharp criticism from President Donald Trump for raising interest rates, Fed policymakers remain generally united on the need to raise borrowing costs further, according to minutes from their most recent policy meeting. Every policymaker backed the Fed’s September rate increase, according to the minutes of the Sept. […]

Gold Edged Down, USD Edged Up + Commodities

Gold Edged Down, USD Edged Up + Commodities

Gold Edged Down, USD Edged Up + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold stays near 2.5 month high as risk aversion lends support In Asia Gold prices edged lower early Wednesday as stocks gained and USD firmed on fading risk-averse sentiment, with the market awaiting mins from the Fed’s FOMC latest policy meeting […]

Expect Strong Earnings, Forward Expectations to Drive Markets to Record Highs

Expect Strong Earnings, Forward Expectations to Drive Markets to Record Highs

Expect Strong Earnings, Forward Expectations to Drive Markets to Record Highs $DIA, $SPY, $QQQ, $RUTX Wall Street’s longest Bull market rally is alive and well after last weeks healthy pull back and will continue to run North into the record territory. Last week’s pull back action is not indicative of any fundamental changes in the […]

President Trump, “My Biggest Threat Is the Fed”

President Trump, “My Biggest Threat Is the Fed”

President Trump, “My Biggest Threat Is the Fed” Tuesday, US President Donald Trump escalated his assault on the Fed, calling the central bank the biggest threat of his Presidency. “My biggest threat is the Fed,” President Trump said in a TV interview. “Because the Fed is raising rates too fast, and it is too independent,” he […]

Gold Holding at 12 Wk Highs+ Commodities

Gold Holding at 12 Wk Highs+ Commodities

Gold Holding at 12 Wk Highs+ Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold stays near 2.5 month high as risk aversion lends support In Asia Gold prices held steady Tuesday near last session’s 2.5 -month high as risk-averse investors sought refuge in the precious Yellow metal amid rising political tensions and economic uncertainty. […]

Gold Up, Asian Shares Dip + Commodities

Gold Up, Asian Shares Dip + Commodities

Gold Up, Asian Shares Dip + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold prices rose early Monday as Asian stocks eased due to concerns about a potential decline in China’s economic growth amid an ongoing trade dispute and signs of tighter monetary policy by the Fed. Spot gold was up 0.3% […]

Street Analysts See Strong Rally Into Year’s End

Street Analysts See Strong Rally Into Year’s End

Street Analysts See Strong Rally Into Year’s End $DIA, $SPY, $QQQ, $RUTX, $VXX Stocks bounced and held after pulling back Wednesday and Thursday The CBOE Volatility Index (VIX) fell 14.3% Friday, retreating from its highest marks since February. Friday, Morgan Stanley strategists, whose warning about a “rolling Bear market” seemed to pay off this week after high […]

Gold Up, USD, US Interest Rates Down+ Commodities

Gold Up, USD, US Interest Rates Down+ Commodities

Gold Up, USD, US Interest Rates Down+ Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT US President Trump says Fed “crazy” for raising interest rates Spot gold may extend gains to $1,237 oz Crude Oil falling on overblown supply issues In Asia Gold Gold prices edged lower Friday, but held near a more than 10-wk highs hit […]

President Trump, “The Fed is Out of Control”

President Trump, “The Fed is Out of Control”

President Trump, “The Fed is Out of Control” $DIA, SPY, QQQ, RUTX, VXX US President Donald Trump said he will not fire Fed Chairman Jerome Powell but blamed an “out of control” FOMC for the worst stock market sell-off since February. President Trump also told reporters in the Oval Office Thursday morning that he knows […]

Gold Down, US Interest Rates Up + Commodities

Gold Down, US Interest Rates Up + Commodities

Gold Down, US Interest Rates Up + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Asian shares fall sharply after Wall St tumbles Holdings in SPDR Gold Trust (GLD) rise for 1st time since July US President Trump says Fed “crazy” for raising interest rates In Asia Gold Gold prices inched down Thursday as strong […]

Gold Steady, USD Pauses + Commodities

Gold Steady, USD Pauses + Commodities

Gold Steady, USD Pauses + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold Gold prices held steady Wednesday as expectations of more US interest rate increases pressured demand, although the precious Yellow metal drew some support from USD coming off 7-week highs. Spot gold was little changed at $1,189.05 oz at 0513 […]

Gold Dips Below 1200, Investors Buy USDs + Commodities

Gold Dips Below 1200, Investors Buy USDs + Commodities

Gold Dips Below 1200, Investors Buy USDs + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold on track for its biggest daily pct loss since mid-Aug China eases policy on concerns trade dispute with US could hurt growth Speculators cut net short position in COMEX gold in 1st week of October […]

President Trump’s Economic Boom Can Last ‘A Good Many Years’

President Trump’s Economic Boom Can Last ‘A Good Many Years’

President Trump’s Economic Boom Can Last ‘A Good Many Years’  President Trump is Guiding ‘Hottest Economy’ in World Larry Kudlow, director of the White House’s National Economic Council, does not see an end to the robust economic growth sparked by President Donald Trump’s strategy. “I just do not see where this is going to end,” he […]

Gold Dips, USD Firms, China China Eases + Commodities

Gold Dips, USD Firms, China China Eases + Commodities

Gold Dips, USD Firms, China China Eases + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold prices inched lower Monday as USD firmed after China’s central bank eased its domestic policy to support the economy.  Spot gold was down 0.2% at $1,200.31 oz at 0103 GMT, the precious Yellow metal […]

US Job Market ‘Best in a Generation’

US Job Market ‘Best in a Generation’

US Job Market ‘Best in a Generation’ For a at least 10 years after the collapse of Lehman Brothers touched off a global financial crisis, there was good reason to believe the US economy remained broken, from skepticism about the health of the labor market to the slow economic growth and the record low rate […]

Gold Flat, US NFPs the Focus + Commodities

Gold Flat, US NFPs the Focus + Commodities

Gold Flat, US NFPs the Focus + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold prices were steady Friday as investors remained cautious after US Treasury yields hit multi-year peaks on expectations that stronger monthly employment data could boost the Fed’s case for a tighter monetary policy. Investors are expected […]

This is All You Need to Know About Bitcoin and Blockchain

This is All You Need to Know About Bitcoin and Blockchain

This is All You Need to Know About Bitcoin and Blockchain $BTCUSD, $BLCN  Bitcoin and the alternative cryptocurrencies, aka altcoins, are cryptic to say the least. Some people consider bitcoin a currency, others an investment and still others a store of value. Even government agencies cannot agree on what bitcoin really is. The IRS treats it […]

Gold Down, USD Up + Commodities

Gold Down, USD Up + Commodities

Gold Down, USD Up + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT The USD reached an 11-month high against the Japanese Yen and stood strong Vs other peers, boosted by upbeat US economic data and hawkish comments from Fed Chairman Jerome Powell In Asia Gold Gold prices inched down Thursday, after upbeat US economic […]

Gold Up, USD Up + Commodities

Gold Up, USD Up + Commodities

Gold Up, USD Up + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold Gold prices rebounded Tuesday as risk appetite faded after getting a boost from an agreement between the United States, Canada  and Mexico’s (USMCA) free trade deal. Asian stocks fell, with MSCI’s broadest index of Asia-Pacific shares […]

US Economy Experiencing “Extraordinary Times”, Outlook Strong

US Economy Experiencing “Extraordinary Times”, Outlook Strong

US Economy Experiencing “Extraordinary Times”, Outlook Strong Tuesday, US Fed Chairman Jerome Powell said Tuesday that he sees no need to drop the central bank’s current gradual approach to raising interest rates. Chairman Powell said the combination of steady, low inflation and very low unemployment shows the country is going through “extraordinary times.” The Fed […]

Atlanta Fed’s Fresh GDP Growth Estimate at 4.1%

Atlanta Fed’s Fresh GDP Growth Estimate at 4.1%

Atlanta Fed’s Fresh GDP Growth Estimate at 4.1% The US economy is growing at a 4.1% annualized rate in Q-3 following the government’s construction-spending report and other recent economic data, the Atlanta Federal Reserve’s GDPNow forecast model showed Tuesday. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in Q-3 of Y 2018 is 4.1% on October […]

Gold Up a Bit, but USMCA Deal Weighs + Commodities

Gold Up a Bit, but USMCA Deal Weighs + Commodities

Gold Up a Bit, but USMCA Deal Weighs + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold is higher early Tuesday, having dipped Monday, as demand for riskier assets picked up after the United States and Canada reached an agreement to salvage a North American free trade deal aka USCMA. US […]

Gold Slips, USD Firms on Fed Rate Hike + Commodities

Gold Slips, USD Firms on Fed Rate Hike + Commodities

Gold Slips, USD Firms on Fed Rate Hike + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold Gold prices dipped Monday as the USD firmed in the wake of indications from the Fed last week that it will pursue a tighter monetary policy. The Fed raised US interest rates last week and said it […]

US Economic Growth: Consumer Spending Up, Inflation Moderate

US Economic Growth: Consumer Spending Up, Inflation Moderate

US Economic Growth: Consumer Spending Up, Inflation Moderate US consumer spending saw a steady increase in August, supporting expectations of solid economic growth in Q-3, while a measure of underlying inflation remained at the Fed’s 2 percent target for a 4th month running. Friday, economists said the report from the US Commerce Department should allay […]

Gold Down and USD Up on Fed Rate Hike + Commodities

Gold Down and USD Up on Fed Rate Hike + Commodities

Gold Down and USD Up on Fed Rate Hike + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold Gold is down more than 13% from an April high, largely because of the stronger USD Concerns about Iran sanctions led to a widening difference between NYMEX WTI Crude and ICE Brent Crude prices Global mining […]

Gold Up and USD Up on FOMC Rate Hike + Commodities

Gold Up and USD Up on FOMC Rate Hike + Commodities

Gold Up and USD Up on FOMC Rate Hike + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Thursday, Gold prices rose, as investors looked for bargains after the metal fell a 2-week lows in the prior session following a US interest rate hike and as limited gains in USD after the decision supported demand […]

Fed Hikes, Removes ‘Dovish’ Language from Policy Statement

Fed Hikes, Removes ‘Dovish’ Language from Policy Statement

Fed Hikes, Removes ‘Dovish’ Language from Policy Statement $DIA, $SPY, $QQQ, $RUTX, $VXX The FOMC increased short-term interest rates Wednesday, as expected, raising the fed funds target range by 25 bpts to 2.00-2.25%. The move reflected an upbeat assessment of the economy that was identical to the central bank’s last policy statement 8 weeks ago, […]

Gold Steady on Flat USD, and FOMC Rate Policy Announcement + Commodities

Gold Steady on Flat USD, and FOMC Rate Policy Announcement + Commodities

Gold Steady on Flat USD, and FOMC Rate Policy Announcement + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold prices drifting in a narrow range Wednesday as investors awaited cues of the FOMC’s 2-day meeting, where policymakers are expected to raise interest rates for the 3rd time this year. Spot gold was up […]

Gold Flat on Firm USD, China Trade Tensions Continue + Commodities

Gold Flat on Firm USD, China Trade Tensions Continue + Commodities

Gold Flat on Firm USD, China Trade Tensions Continue + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold was steady Tuesday on US-China trade tensions after $200-B of tariffs came into effect, investors stay on the sidelines ahead of the FOMC policy meeting. Spot gold was barely changed at 1,198.28 oz by 0056 GMT. […]

Gold Down on From USD, as China Halts Trade Talks + Commodities

Gold Down on From USD, as China Halts Trade Talks + Commodities

Gold Down on From USD, as China Halts Trade Talks + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold edged lower Monday, as USD held firm on news that China has cancelled trade talks with the United States, with the market also eyeing this week’s FOMC policy meeting for guidance on […]

Gold Prices Up, Easing Trade Concerns Soften USD + Commodities

Gold Prices Up, Easing Trade Concerns Soften USD + Commodities

Gold Prices Up, Easing Trade Concerns Soften USD + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Asian stocks extended gains Friday thanks to Wall Street marking all-time highs, as investors believe that the latest exchange of tariffs between the United States and China may be less damaging than initially feared. […]

The Trump Effect: US Economy is Strong

The Trump Effect: US Economy is Strong

The Trump Effect: US Economy is Strong $DIA The strong US economy continues under President Donald Trump. A string of reports Thursday showed the labor market is getting stronger, consumers are increasingly optimistic and manufacturers are expanding, adding to signs that GDP (gross domestic product) remains on track for a solid performance in Q-3 Filings […]

Gold Prices Steady, Trade Concerns Pressure USD + Commodities

Gold Prices Steady, Trade Concerns Pressure USD + Commodities

Gold Prices Steady, Trade Concerns Pressure USD + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT In Asia Asian stocks followed global indexes higher Thursday, as investors took a less bearish view on the impact of the US-China trade war on markets, a sharp contrast to dim expectations economists had on US growth amid the […]

The Trump Effect: Atlanta Fed Keeps GDP Forecast at 4.4%

The Trump Effect: Atlanta Fed Keeps GDP Forecast at 4.4%

The Trump Effect: Atlanta Fed Keeps GDP Forecast at 4.4% $DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, the S&P 500 finished with a gainer of 0.1%, driven by financial shares, which rallied on another rise in interest rates. The blue-chip DJIA outperformed, adding 0.6%, the NAS Comp  lagged, closing lower by 0.1%, and the small-cap Russell […]

Gold Prices Up, as USD Eases + Commodities

Gold Prices Up, as USD Eases + Commodities

Gold Prices Up, as USD Eases + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT  Gold prices edged up Wednesday, as the USD weakened despite another round of reciprocal tariffs in the US-China trade dispute. In focus 19 September 2018 Spot gold up 0.1 % to 1,199.18 oz by 0044 GMT US gold futures […]

President Trump is “Guiding Hottest Economy in World”

President Trump is “Guiding Hottest Economy in World”

President Trump is “Guiding Hottest Economy in World” The US National Economic Council Director Larry Kudlow said America’s economy is leading the rest of the world by returning to a basic approach of cutting taxes and burdensome regulation to allow businesses to freely flourish with government oppression. “The U.S. is the hottest economy in the […]

US Gasoline Prices Up, Inflation Rising

US Gasoline Prices Up, Inflation Rising

US Gasoline Prices Up, Inflation Rising $UGA, $USO US consumer prices rose less than expected in August as increases in gasoline and rents were offset by declines in healthcare and apparel costs, and underlying inflation pressures also appeared to be slowing. The US Labor Department said on Thursday its Consumer Price Index increased 0.2% last month after […]

US Producer Prices Dip as Inflation Eases

US Producer Prices Dip as Inflation Eases

US Producer Prices Dip as Inflation Eases No one seems to know why there is no inflation US wholesale prices fell unexpectedly last month for the 1st time since February 2017, pulled down by falling prices for transportation and warehousing services. The drop suggests that inflationary pressures may be easing despite the strength of the […]

Gold Finished Flat, Rate Hike and Trade Tensions Concern

Gold Finished Flat, Rate Hike and Trade Tensions Concern

Gold Finished Flat, Rate Hike and Trade Tensions Concern $GLD, $SLV Gold prices held steady during Asian trade Tuesday as investors remained on the sidelines amid expectations of a Fed interest rate hike later this month and on fears of an escalation in the US-China trade dispute. Spot gold was mostly unchanged at 1,195.79 oz […]

Annual Wages Rise Most Since 2009 as US Adds 201,000 Jobs

Annual Wages Rise Most Since 2009 as US Adds 201,000 Jobs

Annual Wages Rise Most Since 2009 as US Adds 201,000 Jobs $DIA, $SPY, $QQQ, $RUTX, $VXX US job growth accelerated in August and wages notched their largest annual increase in more than 9 years, the clearest signs that the economy was so far weathering The Trump Administration’s escalating trade dispute with China. The Labor Department’s closely […]

The Trump Effect: Low Unemployment Makes Economy ‘as Good as it Gets’

The Trump Effect: Low Unemployment Makes Economy ‘as Good as it Gets’

The Trump Effect: Low Unemployment Makes Economy ‘as Good as it Gets’ $DIA, $SPY, $QQQ, $RUTX, $VXX Current economic conditions are “as good as it gets” for the Fed, a Key policymaker said Thursday. Looking ahead, investors will receive the Employment Situation report for August Friday, the consensus expecting an increase of 187,000 in NFPs, an […]

Atlanta Fed Lifts Q-3 GDP Prediction to 4.7%

Atlanta Fed Lifts Q-3 GDP Prediction to 4.7%

Atlanta Fed Lifts Q-3 GDP Prediction to 4.7% $DIA, $SPY, $QQQ, $RUTX, $VXX The next GDPNow update is Wednesday, 5 September. The US economy is growing at a 4.7% annualized rate in Q-3, the Atlanta Federal Reserve’s GDPNow forecast model showed on Tuesday, following the latest data on construction spending and factory activity. This is now […]

Atlanta Fed’s Q-3 GDP Estimate at 4.1%

Atlanta Fed’s Q-3 GDP Estimate at 4.1%

Atlanta Fed’s Q-3 GDP Estimate at 4.1% The US economy is expanding at a 4.1% annualized rate in Q-3, the Atlanta Federal Reserve’s latest GDPNow forecast model showed, following the release of the advanced economic indicators from the US Census earlier this week. This was slower than the 4.6% GDP growth pace calculated by the […]

Atlanta Fed Lifts GDP Growth Estimate to 4.6%

Atlanta Fed Lifts GDP Growth Estimate to 4.6%

Atlanta Fed Lifts GDP Growth Estimate to 4.6% The Trump Effect Expands The US economy is growing at a 4.6% annualized rate in Q-3  following the government’s data on new-home sales and costs, the Atlanta Federal Reserve’s GDPNow forecast model showed Friday. Friday’s Atlanta Fed estimate is higher than the last estimate of 4.3% on 16 August. […]

This Bull Market Was Born in the Depths of Financial Crisis

This Bull Market Was Born in the Depths of Financial Crisis

This Bull Market Was Born in the Depths of Financial Crisis $SPY This Wall Street Bull market was born at the depths of a financial crisis, and it has just became the longest ever recorded. Low valuations, little competition and EP/S growth that looked spectacular, but inline with historical trends, these were the forces that […]

 US Investors are Ignoring Political Drama, the ‘Economy’s Everything

 US Investors are Ignoring Political Drama, the ‘Economy’s Everything

 US Investors are Ignoring Political Drama, the ‘Economy’s Everything $SPY National Economic Council Director Larry Kudlow said stock-market investors are apparently ignoring any White House political turbulence because the robust economy is proof President Donald Trump’s strategy is working. The Bull market on Wall Street set history this week when it eclipsed the S&P 500’s […]

President Trump, “not trilled” with Fed’s Raising Interest Rates

President Trump, “not trilled” with Fed’s Raising Interest Rates

President Trump, “not trilled” with Fed’s Raising Interest Rates $USD, $EUR Monday, US President Donald Trump said he is “not thrilled” with Fed Chairman Jerome Powell for raising interest rates, plus he accused China and Europe of manipulating their respective currencies. President Trump rattled investors in July when he criticized the Fed’s monetary policy tightening, […]

Investors Cautious on Equities Despite Low Unemployment, Strong Growth

Investors Cautious on Equities Despite Low Unemployment, Strong Growth

Investors Cautious on Equities Despite Low Unemployment, Strong Growth Americans were less upbeat about stock even as the US unemployment rate hovered near an 18-year low and the economy recorded its fastest growth pace in four years in the second quarter, a New York Fed survey released Monday revealed. The regional Fed’s barometer on consumers’ […]

Collapsing Turkish Lira Shakes World Stock Markets

Collapsing Turkish Lira Shakes World Stock Markets

Collapsing Turkish Lira Shakes World Stock Markets $DIA, $SPY, $QQQ, $RUTX, $VXX A plunging Turkish lira sent shock waves through global equity markets Friday, causing concerns over the financial health of lenders with heavy exposure to the economically-struggling country. The S&P 500 lost 0.7%, dropping into the red for the week (-0.3%), and the Nasdaq […]

US Producer Price Index Flat, Restraining Inflation Fears

US Producer Price Index Flat, Restraining Inflation Fears

US Producer Price Index Flat, Restraining Inflation Fears $DIA, $SPY, $QQQ, $RUTX, $VXX US wholesale prices were unchanged in July after 2 months of increases, indicating inflation pressures have softened a bit. Thursday, the Labor Department said that the PPI (producer price index) which measures price changes before they reach the consumer increased 3.3% last month […]

The Atlanta Fed Lifts Q-3 GDP Growth View to 5%

The Atlanta Fed Lifts Q-3 GDP Growth View to 5%

The Atlanta Fed Lifts Q-3 GDP Growth View to 5% The US economy is growing at a 5.0% annualized rate in Q-3 following the latest data on construction spending and manufacturing activity, the Atlanta Federal Reserve’s most-recent GDPNow forecast model showed. That is faster than the 4.7% pace calculated by the regional Fed’s forecast program […]

Fed’s FOMC Votes 8-0 to Leave Fed Fund’s Rate Unchanged 

Fed’s FOMC Votes 8-0 to Leave Fed Fund’s Rate Unchanged 

Fed’s FOMC Votes 8-0 to Leave Fed Fund’s Rate Unchanged $DIA, $SPY, $QQQ, $RTUX, $VXX The FOMC left the benchmark interest rate unchanged, and reiterating their plan to gradually lift borrowing costs to keep the economy expanding at a healthy pace. Economic activity has been “rising at a strong rate,” and the unemployment rate “has […]

US Consumer Spending Rises, Inflation Continues to Strengthen

US Consumer Spending Rises, Inflation Continues to Strengthen

US Consumer Spending Rises, Inflation Continues to Strengthen Consumer spending increased solidly in June as US households spent more on restaurants and accommodation, building a strong base for the economy heading into Q-3, inflation rose moderately. The Commerce Department said on Tuesday consumer spending, which accounts for nearly 70% of US economic activity, rose 0.4% last […]

President Trump, “‘Ready to Go’ With Tariffs on $500-B of Chinese Imports”

President Trump, “‘Ready to Go’ With Tariffs on $500-B of Chinese Imports”

President Trump, “‘Ready to Go’ With Tariffs on $500-B of Chinese Imports” US President Donald Trump has indicated that he is willing to hit every product imported from China with tariffs. President Trump said “I’m willing to go to 500,” referring roughly to the $505.5-B in goods imported last year from China. The Trump Administration […]

President Trump, “I am not thrilled with rate hikes”

President Trump, “I am not thrilled with rate hikes”

President Trump, “I am not thrilled with rate hikes” President Donald Trump criticized the Fed’s interest-rate increases, breaking with White House tradition of avoiding comments on monetary policy out of respect for the independence of the central bank. “I’m not thrilled,” President Trump said in expressing frustration with the Fed in an interview to be broadcast […]

The US Economy, ‘Nothing Succeeds Like Success’

The US Economy, ‘Nothing Succeeds Like Success’

The US Economy, ‘Nothing Succeeds Like Success’ White House economic adviser Larry Kudlow said Wednesday that “there’s no recession in sight” for the American economy and that President Donald Trump “is on the right track” with his economic agenda. “There’s no recession in sight,” Mr. Kudlow said. “The American economy is in very good shape,” […]

Atlanta Fed: “US Economy Growing at 4.5% Annualized Rate”

Atlanta Fed: “US Economy Growing at 4.5% Annualized Rate”

Atlanta Fed: “US Economy Growing at 4.5% Annualized Rate” $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, the Atlanta Fed announced that the US economy is growing at a 4.5% annualized rate in Q-2 following the latest data on strong retail-sales data, the GDPNow forecast model showed. The latest estimate on GDP growth is faster than the […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX This week it is President Trump and President Putin’s Summit in Helsinki Finland, but there is a lot to move markets during this week. President Donald Trump meets Russian President Vladimir Putin in Helsinki Monday, and that is the main event this week. But earnings […]

President Trump’s Stimulus to Boost Economy for ‘at Least’ 3 Years

President Trump’s Stimulus to Boost Economy for ‘at Least’ 3 Years

President Trump’s Stimulus to Boost US Economy for ‘at Least’ 3 Years $DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, Federal Reserve Chairman Jerome Powell said he believes the US economy remains in a “good place,” with recent government tax and spending programs likely to boost GDP (gross domestic product) for perhaps 3 years. “I think the […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Looking at the major US stock market action as President Trump  bears down hard on trade issues, focuses on SCOTUS pick, teeing up NATO demands and the Putin Summit. The market will tell us now if the Key moves Thursday and Friday on moderate volume will hold […]

Atlanta Fed Lifts Q-2 GDP View to 4.1%

Atlanta Fed Lifts Q-2 GDP View to 4.1%

Atlanta Fed Lifts Q-2 GDP View to 4.1% The US economy is growing at a 4.1% annualized rate in Q-2 following the latest data on consumer spending, the Atlanta Federal Reserve’s GDPNow forecast model showed Monday. The latest estimate on gross domestic product growth was slower than the 3.7 percent pace estimated Friday, the Atlanta Fed said. […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Looking at the major US stock market action as President Trump  continues coming down hard on trade issues, and NATO next. Over the past few weeks we have a lot of pundit chatter about a market top, and stocks sold into the test during that frame. Notably, new […]

Big Banks Pass Fed ‘Stress Test’, Financial Sector Finishes Higher

Big Banks Pass Fed ‘Stress Test’, Financial Sector Finishes Higher

Big Banks Pass Fed ‘Stress Test’, Financial Sector Finishes Higher $DIA, $SPY, $QQQ, $RUTX, $VXX Shares in the biggest US banks rose Friday after the Fed completed its annual stress test giving financial institutions the go-ahead for plans to return capital to investors through dividends and buybacks. The S&P 500 bank sector index was last […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Looking at the major US stock market action President Trump  coming down hard in trade issues, the The Congress’ continuing dust up with the DOJ and FBI. S&P 500, DJIA posted oversold bounces as growth was favored for a 2nd session running Some new areas are attracting money […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Looking at the major US stock market action in light of the recent NKorean peace summit, no US-China trade war, and President Trump the The Congress’ harangue with the DOJ and FBI. US, China trade tariffs; market held up well. Economic data good not great, better coming […]

US Economy Growing at 4.8% Annual Rate

US Economy Growing at 4.8% Annual Rate

US Economy Growing at 4.8% Annual Rate The US economy is growing at a 4.8% annualized rate in Q-2, the Atlanta Federal Reserve’s GDPNow forecast model showed Thursday, following data that showed domestic retail sales grew at its strongest pace in 6 months in May. The latest estimate on gross domestic product growth was faster […]

FOMC Acknowledges Growing Inflation Ending Crisis-Era Guidance

FOMC Acknowledges Growing Inflation Ending Crisis-Era Guidance

FOMC Acknowledges Growing Inflation Ending Crisis-Era Guidance $DIA, $SPY, $QQQ, $RUTX, $VXX The Fed raised it overnight fed funds rates Wednesday shifting from policies used to battle the 2007-2009 financial crisis and recession. In raising its benchmark overnight lending rate a 1/4 bpt to a range of between 1.75 and 2%, the FOMC dropped its […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Looking at the major US stock market action in light of NKorea peace talks, no US-China trade war, and the keep’em guessing shambles President Trump left the Canadian G7 Summit in. Thursday was a bit dicey in the US for the NAS Comp, but it recovered […]

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