President Trump’s Economic Growth Plan Is Sustainable

President Trump’s Economic Growth Plan Is Sustainable

US economic growth averaging 2.8% reached under President Trump’s policies can be sustained over the next 10 years, Chairman of the White House Council of Economic Advisers Kevin Hassett Wednesday. “What happened is we went from 1% growth, the new normal that would be disappointing forever, to 3% growth over the last 2 years with […]

Germany Cuts Growth Forecast for 2019

Germany Cuts Growth Forecast for 2019

The German government’s panel of independent economic advisers has slashed its growth forecast for this year and is now predicting that the German economy will grow by only 0.8%. In a regular update, the panel cut its Y 2019 forecast from the previous 1.5% and said growth may accelerate next year to 1.7%. The experts […]

Global Economy Hits Weakest Patch Since Financial Crisis

Global Economy Hits Weakest Patch Since Financial Crisis

The global economy’s softened throughout Y 2018 has left the pace of expansion the weakest since the global financial crisis a decade ago. A new GDP tracker puts world growth at 2.1% on a Q-Q annualized basis, down from about 4% in the middle of last year. While there is a chance that the economy […]

Abu Dhabi’s Presidential Palace Now Open to the Public

Abu Dhabi’s Presidential Palace Now Open to the Public

Qasr Al Watan, a new monument located inside the palace, was inaugurated on Sunday New pictures of Qasr Al Watan, a new monument inside Abu Dhabi’s Presidential Palace, which opens to the public on Monday, 11 March, have now been revealed by the UAE’s leaders. The country’s Vice President and Prime Minister and Dubai’s ruler […]

US Consumers Cautious, Retail Sale Up a Bit

US Consumers Cautious, Retail Sale Up a Bit

US retail sales ex-automobiles rose slightly in January after a sharp drop in December, reflecting cautious optimism taken by consumers after athe 35 day partial government shutdown. The Commerce Department said Monday that retail sales increased just 0.2%, after a sharp fall of 1.6% in December, the biggest US decliner in 9 years. The economy has […]

Fed Responsible for Q-1 Slowdown, Stifling Trump Economy

Fed Responsible for Q-1 Slowdown, Stifling Trump Economy

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Fed stifling The Trump Economy The anti-Trump media is pointing to the economic slowdown, but economist Stephen Moore puts the blame on the Fed’s economist policy during our blockbuster Trump economy. “I’m a little worried about the economy slowing down a little bit, but we still have a blockbuster […]

Americans are Drinking More Gourmet Coffee Than Ever Before

Americans are Drinking More Gourmet Coffee Than Ever Before

Americans are drinking more gourmet coffee than ever survey results from the National Coffee Association revealed Saturday. Now fully 61% of the coffee drank in the United States is described by consumers as gourmet, according to the results of a survey commissioned by the NCA and released during the group’s annual meeting in Atlanta, Georgia. […]

“US ‘Deservedly’ Optimistic of China Trade Deal”

“US ‘Deservedly’ Optimistic of China Trade Deal”

Wednesday, White House economic adviser Larry Kudlow says there’s “hope” that President Trump and Chinese President Xi will meet soon to finalize an agreement officials are optimistic a trade deal will be forged soon. “I don’t want to go into a timeline. There is hope that perhaps by the end of this month or early […]

Few Reasons to End Fed’s ‘patient’ Stance on Rates

Few Reasons to End Fed’s ‘patient’ Stance on Rates

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Next Fed rate hike several FMOC meetings ahead With inflation muted, but other risks to the US economy on the rise, the Fed’s patience on policy is nowhere close to running out, with 1 previously Kawkish central banker Tuesday signaling he could wait until at least June before touching […]

Economic Tell: Swiss Watch Exports + 6.3% in Y 2018

Economic Tell: Swiss Watch Exports + 6.3% in Y 2018

FLASH: Asia accounted for over 50% of that turnover According to The Federation of the Swiss Watch Industry FH, Swiss watch exports in Y 2018 grew 6.3% Y-Y to CHF 21.2-B. Although the value of exports was up, the total number of watches exported declined by 2.3% to 23.7-M items there were 570,000 fewer timepieces […]

Dimon Cautious, JPMorgan Positions for a Recession

Dimon Cautious, JPMorgan Positions for a Recession

$JMP, $GS, $USD FLASH: Jamie and ‘Goldie’ have different outlooks JPMorgan (NYSE:JPM) CEO Jamie Dimon does not agree with economic doomsayers. The boss of the largest US bank acknowledged a growing number of potential obstacles to the economy that carried his firm to record profits last year. That caution was reflected in JPMorgan Chase & […]

Global Economy May Have Bottomed Out

Global Economy May Have Bottomed Out

$GS, $USD, $USO, $OIL FLASH: On the global markets, some green shoots are emerging. The global economy may have already bottomed out, according to Goldman Sachs Group Inc. Chief Economist in a note Tuesday. While growth remains soft, Goldman’s current activity indicator in February is slightly above the downwardly-revised December and January numbers. Some green […]

Powell Sees Solid, but Slower US Economic Growth in 2019

Powell Sees Solid, but Slower US Economic Growth in 2019

The US economy will grow at a solid though slower pace in Y 2019 and the Fed will remain “patient” in deciding whether to further raise interest rates, Fed Chairman Jerome Powell said Tuesday. Chairman Powell reaffirmed the policy shift made by the Fed last month, telling a Senate Banking Committee hearing that “crosscurrents and […]

US GDP to Rise, Inventories Up Most in 5 Years

US GDP to Rise, Inventories Up Most in 5 Years

FLASH: US Growth Estimates Raised US wholesale inventories increased by the most in more than 5 years in December. The surge in wholesale stocks reported by the Commerce Department on Monday, however, implied inventories were less of a drag on economic growth in Q-4 than previously thought. As result, economists boosted their Q-4 GDP growth estimates by […]

Trump Policy: Overhaul the Fed!

Trump Policy: Overhaul the Fed!

When the Fed’s FOMC policymakers met last month and put it 3-year rate-hike campaign on hold and backed ending a yearlong push to shrink their $4-T balance sheet, that was draining the liquidity out of the system and shrinking the wealth of American house holds by the trillions of dollars, they cited increased risks to […]

President Trump’s Economy ‘a Shy of’ 3% Growth Goal

President Trump’s Economy ‘a Shy of’ 3% Growth Goal

Friday, the Fed said, that The Trump Administration will fall “a little under” its target of 3% annual GDP for Y 2018, the report offers an economic scorecard of sorts for the 1st full year of President Trump’s term. Growth for the year was “solid,” the Fed report said, as GDP “rose a little bit under 3% for the […]

The FOMC Minutes, What They Mean

The FOMC Minutes, What They Mean

FLASH: The Trump Policy at Work for Americans The Key takeaways from the FOMC Minutes from the 29-30 January meeting, as follows: There was widespread agreement for the FOMC to end shrinkage of the $4-T balance sheet by the end of the year. The timetable ends uncertainty over whether shedding assets would further tighten financial conditions. The […]

“No Need to Hike Rates Again”

“No Need to Hike Rates Again”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Trump Policy Traction, FOMC Minutes Due Wednesday Tuesday, New York Fed President John Williams said he is comfortable with the level US interest rates are at now, and sees no need to raise them again unless growth or inflation shift to an unexpectedly higher gear. In an interview with […]

Fed: Slowed Growth May Halt Any More Rate Hikes

Fed: Slowed Growth May Halt Any More Rate Hikes

Last month when the Fed adopted a new “patient” approach to monetary policy, it gave no specific guidance about how long its policy pause would last, or how many more interest-rate increases were ahead. Last week disappointing US retail sales and industrial production data raised the prospect that the US economy is slowing faster than […]

AOC’s ‘Green New Deal’ Pointless

AOC’s ‘Green New Deal’ Pointless

Progressive Dem Representative Alexandria Ocasio-Cortez’s (D-NY) call for a proposed “Green New Deal” to protect the environment “seems pointless,” Deputy Press Secretary Hogan Gidley said Friday. “It is quite rich for Congresswoman Ocasio-Cortez to point out the fact that we need to ruin our economy and stop all air travel and stop all cars in […]

US Consumer Sentiment Comes Back

US Consumer Sentiment Comes Back

The measure of US consumer sentiment improved for the 1st time in 5 weeks as political tension in Washington eased after the longest government shutdown in the country’s history. The Consumer Comfort Index rose to 58.2 last week from 57.4, according to a report Thursday. A measure of ratings about personal finances climbed to a […]

President Trump Policies Ended Dems ‘War on Business’

President Trump Policies Ended Dems ‘War on Business’

FLASH: Socialist Ideas are Crazy! The White House economic adviser Larry Kudlow praised President Trump’s comments on socialism during his State of the Union address, saying America should remain a “nation of entrepreneurs who thrive from freedom and growth.” Mr. Kudlow blasted “these crazy anti-growth, anti-incentive, anti-business, anti-reward policies coming out of the opposition party.” […]

NRF Forecasts Solid Retail Sales Growth for 2019

NRF Forecasts Solid Retail Sales Growth for 2019

The National Retail Federation, the nation’s largest retail trade group, forecasts that retail sales should grow between 3.8 and 4.4% to more than $3.8-T this year as shoppers remain in the mood to spend in a strong US economy and job market. The forecast, released Tuesday, is in line with the 4.6% gain the group preliminarily estimated […]

Wall Street Extends Gains, Big Caps Lead Sidelined Money In

Wall Street Extends Gains, Big Caps Lead Sidelined Money In

$DIA, $SPY, $QQQ, $RUTX, $VXX Monday, new money came in and Wall Street gained with all 3 major indexes closing near session highs. Continuing optimism abounds on the prospects for US-China trade relations propelled technology shares. The S&P 500 index and the NAS Comp both closed above their 100-Day MA’s for the 1st time since […]

The Shutdown Had ‘Small Impact’ on US Economy

The Shutdown Had ‘Small Impact’ on US Economy

The US economy is strong and growing despite billions of dollars in losses during the recent partial government shutdown, said Grover Norquist, President of Americans for Tax Reform Tuesday while discussing a Congressional Budget Office report that $11-B was lost, with $3-B deemed a complete loss. “The Key thing is the economy continues today to grow and […]

Goldman Sachs,”US Economy ‘Just Fine'”

Goldman Sachs,”US Economy ‘Just Fine

$GS Goldman Sachs’ (NYSE:GS) CEO David Solomon said he sees good prospects for underwriting this year, while downplaying concern that growth in the leveraged-loan market is a risk for big banks, saying the US economy is ‘just fine’. “If the market environment continues to be what we see today, I think we’ll have a relatively […]

The USA is the ‘Hottest Economy in World’

The USA is the ‘Hottest Economy in World’

$DIA, $SPY, $QQQ, $RUTX, $VXX White House economic adviser Larry Kudlow says the indicators for the USA show that America is the ‘hottest economy’ in the world. He predicted the next monthly unemployment report will likely shock naysayers.  Mr. Kudlow said the economy will snap back from any “glitch” created by partial government shutdown, as that […]

Brewers Search for Growth, Eye Cannabis Infusions

Brewers Search for Growth, Eye Cannabis Infusions

$BUD, $TAP, $STZ, $TLRY The brewers of Budweiser, Coors and other large-scale brewers are placing their bets on cannabis as a way to fight saturated markets and shifting consumer trends. For years, the industry’s largest players struggled with stagnating markets and shifting consumer tastes. Anheuser-Busch InBev, Molson Coors and Corona brewer Constellation Brands (NYSE:STZ) have […]

Stocks Cautious on China Growth, Financials and Industrials Lead, Gold in Favor

Stocks Cautious on China Growth, Financials and Industrials Lead, Gold in Favor

$DIA, $SPY, $QQQ, $RUTX, $GLD, $VXX Trade tensions should not disturb your portfolio’s peace of mind. To help prevent your portfolio from becoming “trade war collateral,” consider diversifying your assets to minimize exposure. Assets like physical Gold and Silver are historically known to perform well during turmoil in such dust ups. Recently, Jim Cramer urged investors frightened […]

Looking Ahead: Seeing No Rate Hikes, No Recession, 20%+ Rally Ahead

Looking Ahead: Seeing No Rate Hikes, No Recession, 20%+ Rally Ahead

$SPY, $GLD Surprise, after all of the ‘bunk’ you have heard since early October, do not be shocked that there will be no additional Fed rate hikes, a 20% S&P 500 rally and no recession.. Byron Wein defines “surprise” as an event that the average investor would only assign a 33% chance of taking place […]

Apple’s 2019 Outlook Shakes the Broad Market

Apple’s 2019 Outlook Shakes the Broad Market

$DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL The S&P 500 fell 2.5% Thursday, as a revenue warning from Apple (NASDAQ:AAPL) and weak manufacturing data fueled concerns about a slowdown in global economic growth, undermining the broad market. The DJIA lost 2.8%, the NAS Comp lost 3.0%, the Russell 2000 lost 1.8%. On the day, 9 of the 11 […]

Fed Made ‘Policy Mistake’, President Trump Not Likely to Sack Powell Yet

Fed Made ‘Policy Mistake’, President Trump Not Likely to Sack Powell Yet

$SPY, $WFC, $CS Wells Fargo (NYSE:WFC) cut estimates for stocks next year on concern the Fed is making policy mistakes that will dampen US economic growth. Chris Harvey, head of equity strategy at the bank, cut his year-end target for the S&P 500 Index to 2,665 from 3,079. While the new forecast represents a 10% […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DJIA,  $SPY, $QQQ, $RUTX, ,$VXX The US major stock market will start this week again testing the bottom of the range formed with by the selling that began in October. The S&P 500 cracked 2600 and supposedly that sets up more Southside action. Sentiment is extreme as reported by the AAIA, outflows from stocks are at […]

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 […]

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