US Economic Growth Will Top 3% Next Year

US Economic Growth Will Top 3% Next Year

White House economic adviser Kevin Hassett predicts that US economic growth will defy expectations again in Y 2019 because of a business investment boom and President Donald Trump’s trade strategy. “We’re definitely going to be at 3 or above 3 for next year as well,” Mr. Hassett said on TV Wednesday The Council of Economic Advisers […]

Markets Rebound, Growth Fears Overblown

Markets Rebound, Growth Fears Overblown

Wall Street strategists work to calm equity investors, saying their worries over the economy are overdone. $SPY, $JPM, $GS JPMorgan (NYSE:JPM) argues that the risk of an economic recession is “overpriced” with the latest stock sell-off. Goldman Sachs (NYSE:GS) says, the decline in US stocks has opened up a rare divergence between the market’s performance […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

 $DJIA,  $SPY, $QQQ, $RUTX, ,$VXX The US major stock market will start the week testing the bottom of the range formed with by the selling that began in October. The patterns and technical indicators suggest a move from where the major indexes closed Friday back up to the November highs. After a reversal off the trading […]

China Feels the Pain as Exports, Imports Shrink, Markets Collapse

China Feels the Pain as Exports, Imports Shrink, Markets Collapse

China Feels the Pain as Exports, Imports Shrink, Markets Collapse $SOY, $USD, $UNG China has reported weaker than expected November exports and imports, showing slower global and domestic demand and raising the likelihood that more measures to keep the country’s growth rate from slipping too much will be put in place. November exports only rose […]

Steady, Sustainable US Economic Growth Means No Recession in Sight

Steady, Sustainable US Economic Growth Means No Recession in Sight

Steady, Sustainable US Economic Growth Means No Recession in Sight The November Employment Report Sustainable is good, job growth is finally trending. The Key Data: Payrolls: +155,000; 3-Month Average: 170,000; Private: +161,000; Revisions: -12,000; Hourly Wages: +0.2% Over-Year: +3.1% What it means: Job gains in November were below expectations. The idea we could sustain hiring […]

Fed to Signal Long Rate Hike ‘Pause’ at December FOMC Meeting

Fed to Signal Long Rate Hike ‘Pause’ at December FOMC Meeting

Fed to Signal Long Rate Hike ‘Pause’ at December FOMC Meeting President Donald Trump’s top economic adviser said he expects the Fed to pause its interest-rate increases for “quite some time” after a possible hike later this month. As Federal Open Market Committee (FOMC) members prepare to meet on 18-19 December, “I think they’re signaling […]

Volatile Markets are Opportunities for Savvy Participants

Volatile Markets are Opportunities for Savvy Participants

Volatile Markets are Opportunities for Savvy Participants $DIA, $SPY, $QQQ, $RUTX, $VXX Some investors get scared when the stock market falls, but there is always the other side of that action. When selling happens, stocks are on sale. The recent Southside action can provide opportunities that investors have not seen for a while. The Key […]

Monday’s Trade Relief Rally Saw Profit Taking Tuesday

Monday’s Trade Relief Rally Saw Profit Taking Tuesday

Monday’s Trade Relief Rally Saw Profit Taking Tuesday $DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 fell 3.2% Tuesday on some concern on future economic growth, which was signaled by the drop in US Treasury yields. A technical test and breach of the S&P 500’s 200-Day MA at 2762.32 contributed to the selling. Monday’s trade-relief […]

New Orders Surge, US Manufacturers Expand Pace

New Orders Surge, US Manufacturers Expand Pace

New Orders Surge, US Manufacturers Expand Pace $SOY, $UNG, $USD US manufacturers expanded at a faster pace in November as new orders surged, a positive sign for domestic economic growth heading into Y 2019. The Institute for Supply Management, an association of purchasing managers, said Monday its manufacturing index rose to 59.3 last month from 57.7 in […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $SPY, $VXX Just 12 days ago everybody on The Street was celebrating Thanksgiving in a very cautious market mode, they came back to their desks, and triggered a Key reversal in the major US stock market indexes that was confirmed on Friday, 30 November and […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $SPY, $VXX Last week everybody that is anybody was away celebrating Thanksgiving, now they are back to their desks, that is if not stranded in a blizzard. Looking back, here is some stirrings emerging from the small and mid-caps via chips, telecom, and some bio techs and […]

Thanksgiving Football Weekend, Winning the Financial Debate

Thanksgiving Football Weekend, Winning the Financial Debate

Thanksgiving Football Weekend, Winning the Financial Debate When this year’s holiday weekend discussion turns to the US economy, which it may, you need to be primed correctly. Whether your relatives want to talk about the job market as casual observers or parse Fed actions like superNerds, we have prepared rebuttals for some of Y 2018’s […]

Dine on Organic Turkey This Thanksgiving

Dine on Organic Turkey This Thanksgiving

Dine on Organic Turkey This Thanksgiving Still deciding whether to buy an Organic turkey or a conventionally raised bird for Thanksgiving this year? This is a Key reason to consider going Organic: Turkeys that carry the USDA organic seal are not given antibiotics. About 80% of the antibiotics sold in the US are used in industrially produced livestock. […]

No US Recession in Sight, Talk is ‘Nonsense’

No US Recession in Sight, Talk is ‘Nonsense’

No US Recession in Sight, Talk is ‘Nonsense’ $SPY Rejecting economic speculation the correcting stock market is signaling an oncoming recession, White House chief economic adviser Larry Kudlow called the talk “nonsense” and added “recession is so far in the distance I cannot see it.” “I am reading some of the weirdest stuff about how […]

Growth in the US Economy Remains Strong

Growth in the US Economy Remains Strong

Growth in the US Economy Remains Strong The Fed is expected to raise interest rates again next month and 3X next year The probability of a US recession in the next 2 years, while low, moved up to a median 35% from 30% in the latest monthly Reuters survey of economists taken between 13-19 November. […]

As Market Leadership Rotates, Money Manager Speak Out

As Market Leadership Rotates, Money Manager Speak Out

As Market Leadership Rotates, Money Manager Speak Out $DIA, $SPY, $QQQ Following are the views of 7 money managers and strategists on what could conceivably put a brake on the selling in this market. This view is held by almost everyone: that a softening in Fed’s hawkish rhetoric and President Trump’s trade dispute talk would […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX DJIA higher, some testing leaders start to bounce back. Chipmakers show many interesting Northside setups. Fed Vice Chairman moves warm markets. The market action has given up some good patterns, the Big Q: Will the break North into year’s end. Today is Monday, the […]

US Economy Cools, Fed’s Powell Hints a Rate Halt in 2019

US Economy Cools, Fed’s Powell Hints a Rate Halt in 2019

US Economy Cools, Fed’s Powell Hints a Rate Halt in 2019 Fed Chairman Jerome Powell has laid out a scenario for a pause in the central bank’s interest-rate hiking campaign sometime next year by highlighting potential headwinds cooling the US economy. Wednesday, Chairman Powell listed 3 possible challenges to growth in Y 2019, they are; […]

US Consumer Sentiment on Track for Best Year Since 2000

US Consumer Sentiment on Track for Best Year Since 2000

US Consumer Sentiment on Track for Best Year Since 2000 Consumers ready to Pick Up Spending Heading into Holiday Season US consumers have greater certainty about job and income prospects. University of Michigan’s (MSI) consumer sentiment index flat to unchanged but remains strong US consumer sentiment topped analysts expectations to stay on track for its best […]

Investors Focused on Retail Sales and Wages

Investors Focused on Retail Sales and Wages

Investors Focused on Retail Sales and Wages $WMT, $M, $MCD, $AMZN, $CMG Amidst overall strong Quarterly results, rising labor costs are a growing concern, with more than 12 companies in the S&P 500 mentioning them in conference calls so far this earnings season. Next week, several retailers including Walmart (NYSE:WMT) and Macy’s (NYSE:M) are due […]

FOMC Leaves Key Fed Funds Rate Unchanged

FOMC Leaves Key Fed Funds Rate Unchanged

FOMC Leaves Key Fed Funds Rate Unchanged Little reaction to the FOMC announcement, the major averages now trade little changed from their pre-FOMC release levels. The Fed has left its Key policy rate unchanged but signaled that it plans to keep responding to the strong US economy with more interest rate hikes. The next rate […]

A Successful Regulated Market Growing Up Around Cannabis 

A Successful Regulated Market Growing Up Around Cannabis 

A Successful Regulated Market Growing Up Around Cannabis $AMZN, $TAP, $NKE, $TLRY, $CGC, $STZ Michigan’s vote Tuesday to become the 10th US state where the recreational use of cannabis is legal is adding more momentum to a trend that some investors say is inevitable: that marijuana will become legal nationwide within the next 5 years. […]

S&P 500 Companies’ Profit Growth Highest Since 2010

S&P 500 Companies’ Profit Growth Highest Since 2010

S&P 500 Companies’ Profit Growth Highest Since 2010 $DIA, $SPY, $QQQ, $RUTX, $VXX Still, investors are somewhat cautious with US Congressional midterm elections Tuesday. US earnings growth for S&P 500 companies in Q-3 is on track to be the highest since Y 2010, eclipsing the strong results from earlier this year, according to the data. […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX  NFPs report solid, shows best wage growth in 10 years. China trade, market still struggles on news. 4 day Rally paused Friday All Eyes on the US Congressional Midterm Elections Tuesday Friday, stocks opened higher then faded, trending lower into early afternoon. Positives turned to […]

President Trump and The Fed Want to See Inflation

President Trump and The Fed Want to See Inflation

President Trump and The Fed Want to See Inflation $USD, $SPY, $GLD, $SLV The value of USD is determined by a number of variables. For example, this year’s trade wars with China have resulted in a stronger Buck and a weakened RMB Yuan. There are a few internal mechanisms that can be used to raise or […]

Mr. Hussein Obama Secretly Worked for 6 Years to Halt the Growth of JP MorganChase

Mr. Hussein Obama Secretly Worked for 6 Years to Halt the Growth of JP MorganChase

Mr. Hussein Obama Secretly Worked for 6 Years to Halt the Growth of JP MorganChase $JPM For about 6 years, former President Barack Hussein Obama secretly hobbled JPMorgan Chase & Co.(NYSE:JPM), the nation’s largest  bank. Now the chains are off, thanks to bank-friendly regulators in The Trump Administration. In actions never before made public until […]

The US is in a ‘Great Economic Boom’

The US is in a ‘Great Economic Boom’

The US is in a ‘Great Economic Boom’ $DIA, $SPY, $QQQ, $RUTX, $VXX Americans’ evaluations of current US economic conditions and the economy’s trajectory are the most optimistic in nearly 20 years, Gallup reported. Currently, 54% of Americans rate economic conditions as “excellent” or “good,” and just 12% as “poor,” Gallup reported. Also, by 57% to […]

China’s Growth Slows, Investors Seeking Reassurances 

China’s Growth Slows, Investors Seeking Reassurances 

China’s Growth Slows, Investors Seeking Reassurances Friday, China reported economic growth sank to a post-global crisis low as finance officials launched a media blitz to shore up confidence in its fall stock market. Growth in the Quarter that ended in September slipped to 6.5% over a year earlier from the prior Quarter’s 6.7%, official data […]

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 […]

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 […]

China’s Q-3 GDP Growth Lowest Since the ‘Great Recession’

China’s Q-3 GDP Growth Lowest Since the ‘Great Recession’

China’s Q-3 GDP Growth Lowest Since the ‘Great Recession’ An official survey confirmed that manufacturers were coming under stress. At this week’s end, global investors and policy makers will likely be given a cold hard reminder of the costs of the US-China trade dispute, with a Reuters poll predicting that China’s Q-3 growth will slow […]

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 […]

Mortgage Requests Fall, Borrowing Costs at 7-Year Highs

Mortgage Requests Fall, Borrowing Costs at 7-Year Highs

Mortgage Requests Fall, Borrowing Costs at 7-Year Highs US mortgage applications declined last week as home borrowing costs climbed to their highest levels in over 7 years, propelled by a spike in bond yields during last week’s market selloff, the Mortgage Bankers Association said Wednesday. The Washington-based industry group said its seasonally adjusted gauge on consumer […]

S&P 500 Earnings Preview: Q-3 Y 2018

S&P 500 Earnings Preview: Q-3 Y 2018

S&P 500 Earnings Preview: Q-3 Y 2018 $SPY, $JPM, $C, $WFC, $USD Earnings reporting period is here once again, and it always commands a great deal of attention because earnings drive stock prices over the long term. The S&P 500 has been underpinned by impressive earnings growth. The Q-3 reporting frame, which begins in earnest […]

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 […]

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 […]

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 […]

Retail Investors Coming into Stock in Droves

Retail Investors Coming into Stock in Droves

Retail Investors Coming into Stock in Droves $DIA, $SPY, $QQQ, $RUTX, $VXX US stocks delivered the best Quarterly run in almost 5 years, luring retail investors back into the longest Bull market on record just as Wall Street started flashing yellow lights. Individual investors drew down cash balances at brokerage accounts to record lows as […]

“No Great ‘Potholes’ Seen Stopping President Trump Economic Growth Policies”

“No Great ‘Potholes’ Seen Stopping President Trump Economic Growth Policies”

“No Great ‘Potholes’ Seen Stopping President Trump Economic Growth Policies” $DIA, $SPY, $QQQ, $RUTX, $VXX JPMorgan Chase & Co. CEO Jamie Dimon expects robust economic growth “may very well continue” because he does not see any “great potholes” stopping it. Mr. Dimon said in a TV interview Monday hat he cannot tell whether the China […]

Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022”

Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022”

Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022” $RACE Ferrari(NYSE:RACE) announced  plans to introduce 15 new models on Tuesday, including a range of hybrids and a FUV vehicle, as it aims to 2X its earnings by Y 2022. In the company’s annual Capital Markets Day presentation Tuesday, CEO Louis Camilleri pared Ferrari’s long-term […]

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 […]

Tilray (NYSE:TLRY) Spikes as CEO Touts Marijuana Growth Prospects

Tilray (NYSE:TLRY) Spikes as CEO Touts Marijuana Growth Prospects

Tilray (NYSE:TLRY) Spikes, CEO Touts Marijuana Growth Prospects $TLRY “I don’t want to get bought by AB-InBev or Diageo, I want to be that company” CEO Kennedy said Tuesday  Tilray (NYSE:TLRY) is having its best day since its July IPO, adding as much as 94% to briefly touch 300/share, after CEO Brendan Kennedy touted the […]

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 […]

Gold-Silver Ratio at Highest Mark in 27 Years

Gold-Silver Ratio at Highest Mark in 27 Years

Gold-Silver Ratio at Highest Mark in 27 Years $GLD, $SLV, $OIL, $SPY, $QQQ The Gold-Silver Ratio has been one of the most reliable technical ‘buy’ indicators for Silver, whenever the ratio climbs above 80. The Big Q: Is the current spike in the gold/silver ratio forecasting another stock market crash? The gold-to-silver ratio has moves […]

 The Trump Economy Is ‘Killing It’ Right Now

 The Trump Economy Is ‘Killing It’ Right Now

 The Trump Economy Is ‘Killing It’ Right Now $DIA, $SPY, $QQQ, $RUTX, $VXX White House economic adviser Larry Kudlow urges all Americans to give President Donald Trump’s negotiating strategy more time because the “entire world” will benefit if all goes if planned because he “is doing the Lord’s work.” As evidence, Mr. Kudlow offers the […]

Economist are Bullish on Global Growth

Economist are Bullish on Global Growth

Economist are Bullish on Global Growth $SPY, $MME=F, $GS,$JPM, $C, $BAC, $DB Wall Street economists are sticking with their forecasts for the global economy to enjoy its strongest growth since the start of the decade even as emerging markets wobble and trade disputes escalate. The Big Q: The reason? The Bit A: The US is […]

Hurricane Florence Will Distort Economic Data, Expect Little Harm

Hurricane Florence Will Distort Economic Data, Expect Little Harm

Hurricane Florence Will Distort Economic Data, Expect Little Harm $HD, $LOW The coming economic impact of Hurricane Florence is unlikely to be large but will likely muddle US data for months, judging from past experience. Last year, Hurricanes Harvey and Irma constrained activity in Q-3 of Y 2017 and sparked rebuilding later in the year […]

Blue-Collar Jobs Grow at 30-Year High

Blue-Collar Jobs Grow at 30-Year High

Blue-Collar Jobs Grow at 30-Year High Blue-collar jobs reportedly are growing at their fastest clip in more than 30 years, powering a hiring boom in many small towns and rural areas that are strong supporters of President Donald Trump ahead of November’s midterm elections. Jobs in industries such as  mining, construction and manufacturing rose 3.3% in […]

Strong US Sales to Ease Profit Concern into 2019

Strong US Sales to Ease Profit Concern into 2019

Strong US Sales to Ease Profit Concern into 2019 $SPY A healthy outlook for US revenue growth will assuage stock investors concerned about the effect on corporate profits from tax cuts wearing off next year. S&P 500 (NYSEArca:SPY) revenue growth, which hit 9.5% in Q-2, its fastest pace since Y 2011, is estimated at 8.2% […]

Giant Diamonds: Mining’s Top Success Story for This Year

Giant Diamonds: Mining’s Top Success Story for This Year

Giant Diamonds: Mining’s Top Success Story for This Year $GMDMF, $BHP This Summer’s crash in commodity prices is turning it into a year to forget for miners. Unless, that is you dig the world’s biggest diamonds. Gem Diamonds Ltd. (OTCMKT:GMDMF) has been the standout performer in the FTSE All-Share Mining Index, gaining almost 70% this […]

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: 83% of Executives Say, “US Business Is Booming”

The Trump Effect: 83% of Executives Say, “US Business Is Booming”

The Trump Effect: 83% of Executives Say, “US Business Is Booming” $SPY, $RUTX The Trump Effect has US businesses doing better now than it was 2 years ago, according to 83% of executives surveyed in the The Zogby Poll from Zogby Analytics, and more than 75% see more high times ahead. “An overwhelming majority [83 […]

President Trump’s Mexico Trade Deal a Look at the Future

President Trump’s Mexico Trade Deal a Look at the Future

President Trump’s Mexico Trade Deal a Look at the Future President Donald Trump has sidestepped conventional processes, protocols and procedures in trade negociations Last Monday, the US reached a preliminary trade agreement with Mexico that addresses several American grievances. A similar deal with Canada may also to be on track. These breakthroughs, combined with an easing […]

MAGA Effect:Household Income Spikes

MAGA Effect:Household Income Spikes

MAGA Effect:Household Income Spikes US median household income is at all-time highs US median household income has risen more than 4% since President Donald Trump took office on the overall strong economic growth and robust optimism. Inflation-adjusted median household incomes in July hit $62,450, according to the latest release from Sentier Research. “That’s the highest level […]

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 […]

US Economy Grows Most in 4 Years

US Economy Grows Most in 4 Years

US Economy Grows Most in 4 Years US economic growth has come in stronger than initially estimated in Q-2, posting its best performance in nearly 4 years, as businesses boosted spending on software and imports declined. Gross domestic product (GDP) increased at a 4.2% annualized rate, the US Commerce Department said Wednesday in its 2nd […]

US Consumers Financial Stress Falls to All-Time Low on Rising Incomes

US Consumers Financial Stress Falls to All-Time Low on Rising Incomes

US Consumers Financial Stress Falls to All-Time Low on Rising Incomes  August Consumer Confidence (actual 133.4, consensus 126.5, prior 127.9) Note: August marks the 2nd time this year that financial stress levels have reached an all-time low, with the previous instance occurring in May, when the Index dropped to 49.9. Further, our stress indicator has […]

France’s Socialist Experiment Has Collapsed Its Economy

France’s Socialist Experiment Has Collapsed Its Economy

France’s Socialist Experiment Has Collapsed Its Economy “This is going to be a real bloodbath for the state and the public services,” French President Emmanuel Macron’s government must tackle social spending in the next wave of its reforms even though France will face a weaker growth outlook in next year. Prime Minister Edouard Philippe said […]

The Trump Tax Cut Driving Strong Business Investment

The Trump Tax Cut Driving Strong Business Investment

The Trump Tax Cut Driving Strong Business Investment Shipments of core capital goods rose 0.9% last month after an upwardly revised 0.9% gainer in June. US economy is growing at a 4.6% annualized rate in the third quarter following the government’s data on new-home sales and costs, the Atlanta Federal Reserve’s GDPNow forecast model showed […]

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. […]

Global Stock Dividends Rise 13% to Record High $497-B

Global Stock Dividends Rise 13% to Record High $497-B

Global Stock Dividends Rise 13% to Record High $497-B It is a Golden Age for Dividend Investing  Global stock dividend payouts have risen 13% in the three months to the end of June, hitting a new record high of $497 billion, according to the Janus Henderson Global Dividend Index. Dividends rose across the globe, with […]

Morning Briefing: Special Report on Strong US Retail

Morning Briefing: Special Report on Strong US Retail

Morning Briefing: Special Report on Strong US Retail $WMT, $COST, $AMZN, $LOW, $URBN, $DG, $HD, $DLTR, $JWN On the world markets: World stocks rose Friday as news of plans for US-China trade talks stoked positive sentiment over their tariff dust up, DJIA finished comfortably above Key resistance at 25,500  expect a pause to refresh and the […]

Americans are Shopping, Retail Sales Up Sharply in July

Americans are Shopping, Retail Sales Up Sharply in July

Americans are Shopping, Retail Sales Up Sharply in July $M, $WMT, $COST, $AMZN Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that confident consumers are helping drive strong economic growth. The US Commerce Department says retail sales rose at a 0.5% annual rate in July, after a 0.2% […]

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’ […]

Bitmain, the Crypto Mining Giant, on Target for $10-B in Revenue this Year

Bitmain, the Crypto Mining Giant, on Target for $10-B in Revenue this Year

Bitmain, the Crypto Mining Giant, on Target for $10-B in Revenue this Year $BTCUSD TechCrunch has learned through a company fund raising overview that Beijing-based mining equipment seller Bitmain hit a quarterly revenue of approximately $2-B in Q-1 of Y 2018. Despite a slump in bitcoin prices since the beginning of the year, the company is on track […]

Global Growth Could be on the Brink of Stalling

Global Growth Could be on the Brink of Stalling Trade expansion will likely slow further in the third quarter of 2018, the World Trade Organization’s (WTO) latest World Trade Outlook Indicator (WTOI) indicated on Thursday. The most recent WTOI reading of 100.3 is below the previous value of 101.8 and just above the baseline value […]

Australian Workers Suffer as Population Explodes

Australian Workers Suffer as Population Explodes

Australian Workers Suffer as Population Explodes Australia’s population will hit a record 25 million on Tuesday, almost a decade earlier than forecast projected, as the country’s politicians flood the nation with hundreds of thousands of immigrants each year, according to latest government data. The Australian Bureau of Statistics estimates the population will reach 26 million […]

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 […]

President Trump’s Policies Restore Economic Prosperity

President Trump’s Policies Restore Economic Prosperity

President Trump’s Policies Restore Economic Prosperity After about 19 months in the Oval Office, US President Donald Trump’s economic policies have begun to return the US to real economic prosperity. The U.S. Bureau of Economic Analysis (BEA) announced that in Q-2 of this year GDP grew at a 4.1% annual rate. It has been 13 years since […]

Strong US Economic Growth Is Sustainable

Strong US Economic Growth Is Sustainable

Strong US Economic Growth Is Sustainable $DIA, $SPY, $QQQ, $RUTX, $VXX Friday, the White House chief economic adviser Larry Kudlow said strong economic growth is sustainable and will continue. President Donald Trump hailed the 4.1% Q-2 growth rate as proof that “we’ve accomplished an economic turnaround of historic proportion.” “I don’t think this is the end of […]

President Trump Hails the “Amazing” 4.1% Q-2 Economic Growth Rate

President Trump Hails the “Amazing” 4.1% Q-2 Economic Growth Rate

President Trump Hails the “Amazing” 4.1% Q-2 Economic Growth Rate “the President’s policies are working,and not just on the top line, but in the details” Friday from the White House, US President Donald Trump hailed the “amazing” 4.1% Q-2 GDP rate, as the fastest pace since Y 2014, as proof that “we’ve accomplished an economic […]

 US Q-2 GDP Figure Will Be ‘Big’

 US Q-2 GDP Figure Will Be ‘Big’

 US Q-2 GDP Figure Will Be ‘Big’ $DIA, $GM  June Advance International Trade in Goods (actual -$68.30-B, consensus -$66.70-B) Advance Wholesale Inventories (actual 0.0%; prior 0.4%) June Durable Orders (actual 1.0% consensus 3.2%; prior -0.3%) June Durable Goods -ex trans (actual 0.4% consensus 0.4%; prior 0.3% White House economic adviser Larry Kudlow said Friday’s GDP release will reflect “big” […]

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 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. […]

Illegal Immigration Crushes American’s Wages

Illegal Immigration Crushes American’s Wages

Illegal Immigration Crushes American’s Wages In the latest Harvard/Harris Poll, about 48% of Americans say increased illegal immigration to the US reduces wages for workers, agreeing with decades of data that indicates mass immigration’s crushing impact on Americans’ wages. Just 10% of Americans say illegal immigration increases US wages while 42% say illegal immigration does not […]

President Donald Trump: the Right Man, at the Right Time

President Donald Trump: the Right Man, at the Right Time

President Donald Trump: the Right Man, at the Right Time Promises Made, Promises Kept, Laser Focused on Making America Great Again A Supreme Court vacancy just opened, another, perhaps 2 coming, offering President Trump the unique opportunity to shape the court for decades. The current court handed him 2 favorable rulings this week alone. There’s […]

China Already Feeling the Pain from President Trump on Trade

China Already Feeling the Pain from President Trump on Trade

China Already Feeling the Pain from President Trump on Trade China’s manufacturing activity decelerated in June as US-Chinese trade tensions added to concern the economy is cooling due to tighter government controls on lending, a survey showed Saturday. The National Statistics Bureau’s (NBS) purchasing managers’ index declined to 51.5 from May’s 51.9 on a 100-point […]

Ferrari’s (NYSE:RACE) Stock Dip a Buying Opportunity

Ferrari’s (NYSE:RACE) Stock Dip a Buying Opportunity

Ferrari’s (NYSE:RACE) Stock Dip a Buying Opportunity $RACE Ferrari (NYSE:RACE) stock price has seen strong growth since July 2016. There are just a hand full of analysts covering the world’s #1 automotive brand stock, and it rightfully commands a luxury Price/Earings ratio in the 40’s plus pays a dividend conferring on the iconic Italian supercar […]

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