US Unemployment Rolls Smallest in 45 Years

US Unemployment Rolls Smallest in 45 Years

US Unemployment Rolls Smallest in 45 Years $DIA, $SPY, $QQQ, $VXX Thursday, the US economic data showed an acceleration in mid-Atlantic factory activity this month, with manufacturers saying they were boosting employment and asking for higher prices for their products. The combination of a tightening labor market and firming inflation bolsters expectations the Fed will […]

Fed’s Williams Sees ‘Neutral’ Interest Rate Lower, Longer

Fed’s Williams Sees ‘Neutral’ Interest Rate Lower, Longer

Fed’s Williams Sees ‘Neutral’ Interest Rate Lower, Longer $DIA, $SPY, $QQQ, $VXX Stocks dip following a the strong start to the month Treasury’s benchmark 10-yr yield above 3.00% Tuesday, Mr. Williams, who will take the helm of the New York Fed on 18 June, said that inflation is nearing the central bank’s 2% target after […]

Forex Morning Briefing

Forex Morning Briefing

Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Pressure on the Buck. PE US Dollar (.DXY) Index -0.4% to 92.70 $EURUSD +0.58% at 1.1921 $GBPUSD -0.18% to 1.3518 $USDCHF -0.21% to 1.0027 $USDJPY -0.27% to 109.41 $USDCNY -0.23% to 6.344 US Consumer Price Index (CPI) increased 0.2% in April, less than the 0.3% rise projected. Naturally, there […]

The Trump Expansion Continues to Deliver Jobs

The Trump Expansion Continues to Deliver Jobs

The Trump Expansion Continues to Deliver Jobs The US economy has delivered steady, modest gains for most Americans since the Great Recession ended in Y 2009. President Trump’s policies have extended what is now the 2nd-longest economic expansionon record and why more of the country might soon benefit from higher pay. The government said Friday […]

Some FOMC Voting Members Have Open Minds on Rate Hikes

Some FOMC Voting Members Have Open Minds on Rate Hikes

Some FOMC Voting Members Have Open Minds on Rate Hikes $SPY Two Fed officials who are currently voting members of the FOMC rate-setting body said Friday they were keeping an open mind on the total number of interest rate rises needed this year. San Francisco Fed President John Williams and Atlanta Fed President Raphael Bostic […]

FOMC Stands Pat on Interest Rates, Focus Now on June Meeting

FOMC Stands Pat on Interest Rates, Focus Now on June Meeting

FOMC Stands Pat on Interest Rates, Focus Now on June Meeting $DIA, $SPY, $QQQ, $VXX The Fed policy makers held interest rates steady Wednesday and expressed confidence that a recent rise in inflation to near the central bank’s 2% target would be sustained, leaving it on track to raise borrowing costs in June. The Fed’s […]

US Consumer Prices Rise, Inflation Ahead

US Consumer Prices Rise, Inflation Ahead

US Consumer Prices Rise, Inflation Ahead $DIA, $SPY, $QQQ, $VXX US consumer prices (PCE) rose March YTD, with a measure of underlying inflation moving to the Fed’s 2% target. Monday, the rise in the annual inflation gauges reported by the Commerce Department was seen by economists and Fed officials, it is not expected to alter the gradual […]

The US Stock Market Remains in Consolidation Mode

The US Stock Market Remains in Consolidation Mode

The US Stock Market Remains in Consolidation Mode $DIA, $SPY, $QQQ, $VXX, $USO The Bull has paused to refresh Fundamentals are Strong Interest rates are low Some pundits are saying that the world markets entered Y 2018 speculating that the most synchronized global economic expansion in a decade was going to get to Hot, but […]

Healthy Economy, Strong Earnings Will Drive Stock Market North

Healthy Economy, Strong Earnings Will Drive Stock Market North

Healthy Economy, Strong Earnings Will Drive Stock Market North $DIA, $SPY, $QQQ Soon the stock market will reflect the economy, and all systems are on Go. March Private Sector Jobs, Non-Manufacturing Activity and Help Wanted OnLine ADP: 241,000; Goods: 65,000/ ISM (Non-Man.): -0.7 point; Orders: -5.3 points/ HWOL: up 102,100 The Institute for Supply Management’s […]

Look at the US Economic Reports Going into Earnings Season

Look at the US Economic Reports Going into Earnings Season

Look at the US Economic Reports Going into Earnings Season $DIA, $SPY, $QQQ Economic Growth and Investment The latest industrial production report was much better than expected and positive on multiple levels. Overall production was up 1.1% while the manufacturing component was up 1.2%. Probably more importantly, the improvement in manufacturing was centered on business […]

FOMC’s Rate Hike Will Not Slow President Trump’s Economic Plan

FOMC’s Rate Hike Will Not Slow President Trump’s Economic Plan

FOMC’s Rate Hike Will Not Slow President Trump’s Economic Plan The Powell Fed shows confidence in the US Economy The Fed’s rate increase Wednesday will not slow President Donald Trump’s economic agenda, but it will make home mortgages more costly. “I don’t think this is going to affect the economic expansion very much,” economist Peter […]

President Trump’s Tax Reform has Consumer Sentiment Jumps at 14-Yr Highs

President Trump’s Tax Reform has Consumer Sentiment Jumps at 14-Yr Highs

President Trump’s Tax Reform has Consumer Sentiment Jumps at 14-Yr Highs US consumer sentiment in March unexpectedly jumped to a 14-year highs after tax cuts boosted disposable incomes, while new tariffs boosted inflation expectations and dimmed the outlook, a University of Michigan (MSI) survey showed Friday. Highlights of Michigan Sentiment (March, Preliminary) Sentiment index rose to […]

US Retail Sales Slide for 3rd Month Running, Inflation Edges Up

US Retail Sales Slide for 3rd Month Running, Inflation Edges Up

US Retail Sales Slide for 3rd Month Running, Inflation Edges Up $DIA, $SPY, $QQQ, $VXX US retail sales fell for a 3rd straight month in February as households cut back on purchases of motor vehicles and other big-ticket items. Despite signs of cooling in consumer spending, inflation pressures are building, which may allow the Fed […]

Key US Econ Data: Inflation Tame, Job Growth Strong

Key US Econ Data: Inflation Tame, Job Growth Strong

Key US Econ Data: Inflation Tame, Job Growth Strong $DIA, $SPY, $QQQ, $VXX Even with strong job gains and optimistic small business owners, inflation still at reasonable marks February Consumer Prices, Real Earnings and Small Business Optimism CPI: +0.2%; Over-Year: +2.2%; Less Food and Energy: +0.2%; Over-Year: +1.8%/ Hourly Earnings (Monthly): 0%; Over-Year: +0.4%/ NFIB: […]

Moderate Inflation Ahead, Tight Job Market Boosts Wages

Moderate Inflation Ahead, Tight Job Market Boosts Wages

Moderate Inflation Ahead, Tight Job Market Boosts Wages $DIA, $SPY, $QQQ, $VXX  The United States Steel Corporation (NYSE:X) announced plans to reopen an Illinois factory following President Donald Trump’s decision to impose a new tariff on imported steel. A tight US labor market was helping lift wages across most of the nation through late February […]

Inflation & Gold, the Link Between the Elements

Inflation & Gold, the Link Between the Elements

Inflation & Gold, the Link Between the Elements $GLD The Big Q: On fueled inflation will Gold’s price soar? The Big A: The recent US NFPs report showed that wages had jumped 2.9% in January on an annual basis. It was the best since Y 2009, which awakened investor fears of inflation. That’s why investors awaited Wednesday’s data on […]

PPI Came in ‘Hot’, Traders Shrug it Off, Market Soars

PPI Came in ‘Hot’, Traders Shrug it Off, Market Soars

PPI Came in ‘Hot’, Traders Shrug it Off, Market Soars $DIA, $SPY, $QQQ, $VXX Thursday, Wall Street marked it 5th session running of gains, led technology stocks as investors shrugged off inflation worries that may have roiled the markets early this month. Traders shrugged off economic data for a 2nd consecutive session that indicated inflation […]

CPI Came in ‘Hot’, US Stock Market Shrugged it Off and Spiked

CPI Came in ‘Hot’, US Stock Market Shrugged it Off and Spiked

CPI Came in ‘Hot’, US Stock Market Shrugged it Off and Spiked $DIA, $SPY, $QQQ, $VXX The stock market pundits fears about inflation are inflated. Econ 101: No Inflation, No Growth Top-weighted financials and technology sectors lead market higher Wednesday, US stocks finished sharply higher, shrugging off an initial sharp decline in futures pre-market immediately […]

US Stocks Overcome Early Weakness Finishing in the Green

US Stocks Overcome Early Weakness Finishing in the Green

US Stocks Overcome Early Weakness Finishing in the Green $DIA, $SPY, $QQQ, $VXX Tuesday, US stocks overcame early weakness driving the major indices North for the 3rd session running. Fully, 9 of the 11 S&P 500 sectors finished in the Green, with financials (+0.5%), consumer discretionary (+0.5%), and real estate (+0.6%) being the Top performers. […]

US Economy Strong, Growing, as Financial Markets Consolidate Big Gains

US Economy Strong, Growing, as Financial Markets Consolidate Big Gains

US Economy Strong, Growing, as Financial Markets Consolidate Big Gains $VXX The nation’s economy is very strong, and the tax cut bill is energizing business, so the stock markets will be just fine despite the quick correction seen over the past 9 trading days. Savvy participants are cost averaging down and “buying the dip’ “Investment […]

Monetary Policy is the Engine-of-Inflation

Monetary Policy is the Engine-of-Inflation

Monetary Policy is the Engine-of-Inflation $DIA, $GLD, $SLV Just 2 Friday’s ago, on January 26th The Dow Jones Industrial Average (DJIA) made its latest BEV Zero, new all-time high.  Then 9 trading days later on Thursday February 8th it broke below its BEV -10% line in a dramatic fashion. The BEV plot seen below begins at […]

Americans Filing for Unemployment Benefits at 45 yr Lows

Americans Filing for Unemployment Benefits at 45 yr Lows

Americans Filing for Unemployment Benefits at 45 yr Lows The number of Americans filing for unemployment benefits unexpectedly fell last week, dropping to its lowest level in almost 45 years as the labor market tightened further, driving expectations of faster wage growth this year. Initial claims for state unemployment benefits decreased 9,000 to a seasonally […]

DJIA +567.02 Pts After Testing Monday’s Lows

DJIA +567.02 Pts After Testing Monday’s Lows

DJIA +567.02 Pts After Testing Monday’s Lows $DIA, $SPY, $QQQ, $VXX The major US indexes surged Tuesday afternoon after testing to Monday’s lows. The sharp swings come 1 day after the steepest point fall on Wall Street in 6.5 years. Some are saying that investors are fearful that signs of rising inflation and higher interest […]

Stock Traders in Risk Off Mode, DJIA Finished -4.6% on the Day

Stock Traders in Risk Off Mode, DJIA Finished -4.6% on the Day

Stock Traders in Risk Off Mode, DJIA Finished -4.6% on the Day $DIA, $SPY, $QQQ, $VXX US stock indexes fell the most in 6.5 years, with the DJIA sinking more than 1,100 points, as the equity selloff extended on rising concern that inflation will force interest rates higher. Volatility came back into US equity markets, […]

DJIA Pullback Linked to Bond Market Not DC Disclosures

DJIA Pullback Linked to Bond Market Not DC Disclosures

DJIA Pullback Linked to Bond Market Not DC Disclosures $DJIA Last week’s US stock market pullback related to movements in the bond market, and not to the release of a GOP House Intel memo that accuses FBI and DOJ investigators of anti-Trump bias, that has indicated President Trump in the Russia probe.  President Trump’s position […]

US Jobs Report: NFPs +200,000, Wages Rise Most Since 2009

US Jobs Report: NFPs +200,000, Wages Rise Most Since 2009

US Jobs Report: NFPs +200,000, Wages Rise Most Since 2009 $AAPL, $WMT “Jobs, Jobs, Jobs” US job growth rose in January and wages increased too, recording their largest annual gainer in more than 8.5 years, bolstering expectations that inflation will push higher this year as the labor market hits full employment. Remember, No inflation, No […]

US Economy, Inflation Growing at Sustainable Pace

US Economy, Inflation Growing at Sustainable Pace

US Economy, Inflation Growing at Sustainable Pace The US economy and inflation expanded at a modest-to-moderate pace from late November through the end of Y 2017, while wages continued to push higher, the Fed Wednesday. “Most districts said that wages increased at a modest pace,” the U.S. central bank said in its periodic Beige Book report […]

There is No Question in the Minds of Americans that the Economy is Strong

There is No Question in the Minds of Americans that the Economy is Strong

There is No Question in the Minds of Americans that the Economy is Strong There’s no question that the US economy is experiencing a big effect due to President Donald Trump’s policies, and that all the naysayers have been proven wrong, economic analyst Larry Kudlow  said Sunday. Mr. Kudlow, who advised Trump on the tax […]

US Core Consumer Prices Mark Big Gainer

US Core Consumer Prices Mark Big Gainer

US Core Consumer Prices Mark Big Gainer US consumer prices recorded their largest increase in 11 months in December on strong gains in the cost of rental accommodation and healthcare, bolstering expectations that inflation will accelerate this year. Stock soar on inflation news: no inflation, no growth The strengthening domestic demand was underscored by other […]

Fed Doves Calling for ‘Slow’ Tightening

Fed Doves Calling for ‘Slow’ Tightening

Fed Doves Calling for ‘Slow’ Tightening The Fed should be patient as it raises interest rates this year, said Federal Reserve Bank of Atlanta President Raphael Bostic, adding his voice to other Dovish comments from officials concerned by low inflation and the risk of an inverted yield curve. “I am comfortable continuing with a slow […]

Seeing Inflation Almost Everywhere We Look, Growth Too!

Seeing Inflation Almost Everywhere We Look, Growth Too!

Seeing Inflation Almost Everywhere We Look, Growth Too! Investors with the idea that inflation will stay subdued should be concerned. Worldwide data have recently made clear that PPIs (producer-price indexes) have ticked up leading bond buyers to begin wagering that consumer inflation could be soon to follow, with US breakeven rates above 2% in here The […]

US Stocks Post Record Highs, as Trump Rally Extends

US Stocks Post Record Highs, as Trump Rally Extends

US Stocks Post Record Highs, as Trump Rally Extends $DIA, $SPY, $QQQ, $VXX  All 4 major US stock market indices finished at new all-time highs The S&P 500 Index surged past the 2,700-mark Wednesday and other major indexes hit record intra-day highs as technology stocks climbed on indications of strong economic growth in the US […]

Top-Ranked US Economist Sees Strong Growth in 2018

Top-Ranked US Economist Sees Strong Growth in 2018

 US Economist Sees Strong Growth in 2018 $DIA, $SPY, $QQQ, $VXX A top-ranked US economist last year predicted that real US economic growth would reach 3% in Y 2017. “With a tax cut package finally passed by Congress, growth is likely to remain robust as we head into 2018,” Steven Stanley said. “The economy’s 2% […]

US Growth is Expected to Stay Above the Forecast Rate

US Growth is Expected to Stay Above the Forecast Rate

US Growth is Expected to Stay Above the Forecast Rate $DIA, $SPY, $QQQ, $VXX Econ 101: no inflation no growth. Investors have been underestimating the importance of US economic growth for Fed policy, and giving too much relative emphasis to inflation and wage data that have tended to disappoint expectations, If it starts looking more […]

US Stocks at Record Highs as Fed Hikes Rates

US Stocks at Record Highs as Fed Hikes Rates

US Stocks at Record Highs as Fed Hikes Rates $DIA, $SPY, $QQQ, $VXX The Trump Rally Extends The Fed followed through on an expected interest-rate increase and raised their forecast for economic growth in Y 2018. “Averaging through hurricane-related fluctuations, job gains have been solid, and the unemployment rate declined further,” the Federal Open Market […]

Gold, Crude Oil Prices Solid as DJIA Heads Towards 25,000

Gold, Crude Oil Prices Solid as DJIA Heads Towards 25,000

Gold, Crude Oil Solid as DJIA Heads Towards 25,000 $GLD, $SLV, $USO, $DIA The DJIA hit new all-time highs Thursday breaking the psych mark at 24000 easily. The DJIA future contract for December delivery hit the highest mark at 24 ,039, in extension of uninterrupted Bull run which extended into a 6th day running. No […]

Economy Steams Ahead Under President Trump’s Deregulation Policy

Economy Steams Ahead Under President Trump’s Deregulation Policy

Economy Steams Ahead Under President Trump’s Deregulation Policy $DIA, $SPY, $QQQ, $VXX Fed Chairwoman Janet Yellen, in her final testimony to Congress as head of the central bank, described a steadily brightening picture for the US economy while downplaying the risks of financial instability. “The economic expansion is increasingly broad based across sectors as well […]

Stocks World Wide at Record Highs

Stocks World Wide at Record Highs

Stocks World Wide at Record Highs $DIA, $SPY, $QQQ, $VXX. $DAX The Trump Bull Market Rally is Up and Running Major world stock markets rallied and government bond yields fell Tuesday as strong corporate profits, steady global growth and low inflation provide few alternatives for investors outside of stocks. Equity markets from Asia to Europe […]

Gold Up for 3rd Day Running On US Inflation Data

Gold Up for 3rd Day Running On US Inflation Data

Gold Up for 3rd Day Running On US Inflation Data $GLD, $SLV, $MTAFF, $USD Gold prices rose for a 3rd day running Wednesday, and was flat Thursday, as USD weakened and US bond yields fell despite solid US economic data that reinforced expectations that the Fed will press ahead with increases to US interest rates, […]

Inflation is Back, Meaning Growth is Back

Inflation is Back, Meaning Growth is Back

Inflation is Back, Meaning Growth is Back $DIA, $SPY, $QQQ, $VXX Underlying US consumer prices increased in October on the back of a pickup in rents and healthcare costs, bolstering the view that a recent dis-inflationary trend worrying the Fed probably had ended. The rise in the consumer price index, excluding the volatile food and […]

US Consumer Sentiment Falls on Inflation, Rate-Hike Fears

US Consumer Sentiment Falls on Inflation, Rate-Hike Fears

US Consumer Sentiment Falls on Inflation, Rate-Hike Fears $DIA, $SPY, $QQQ, $VXX US Consumers remain optimistic about employment and the economy. US consumer sentiment in fell on expectations that inflation and interest rates will rise, according to a University of Michigan report Friday. Highlights of Michigan Sentiment Indicator (November, preliminary) Sentiment index dropped to 97.8 (est. 100.8) […]

Gold Under the Right Conditions to See 1900 oz+

Gold Under the Right Conditions to See 1900 oz+

Gold Under the Right Conditions to See 1900 oz+ $GLD The Federal has stated that it would begin winding down its holdings of US Treasury debt and mortgage-backed securities (MBS) in October. The process is somewhat convoluted, with the Fed planning to allow up to $6-B of Treasury debt and $4-B in MBS to mature every month. […]

Financials, Tech Led US Market to Record Highs, Again

Financials, Tech Led US Market to Record Highs, Again

Financials, Tech Led US Market to Record Highs, Again $DIA, $SPY, $QQQ, $VXX Senate takes another step toward tax reform by passing budget blueprint Top-weighted financials and technology sectors show relative strength Technology and Financial stocks lifted Wall Street Friday, as investor optimism received a fresh boost from Washington, where The Trump Administration stepped closer […]

Gold and the Fall of the US Dollar

Gold and the Fall of the US Dollar

Gold and the Fall of the US Dollar $OIL, $GLD, $SLV, $USD, $CNY China, Russia, and Saudi Arabia are aligning in response to trade sanctions and political discord from the West. Together, they may bring an end to the global supremacy of America and the USD, according to analyst Peter Reagan. China, Russia, and Saudi […]

Fed May Have Misjudged Low Inflation

Fed May Have Misjudged Low Inflation

Fed May Have Misjudged Low Inflation $DIA, $SPY, $QQQ, $VXX Expect President Trump to fill the Fed vacancies with pro-growth advocates. Econ 101, No inflation, No growth. Tuesday, the expected outgoing Federal Reserve Chairwoman Janet Yellen acknowledged that the central bank is puzzled by the persistence of unusually low inflation and that it might have […]

Fed Must See Higher Prices Before Another Rate Hike

Fed Must See Higher Prices Before Another Rate Hike

Fed Must See Higher Prices Before Another Rate Hike $DIA, $SPY, $QQQ, $VXX The Federal Reserve should wait until there are clear signs that American paychecks and prices are rising before raising interest rates again, a Fed bank president and FOMC voter, said Monday, warning that moving too fast would be a policy “misstep.” Chicago […]

FOMC Schedules Asset “Normalization” as Expected

FOMC Schedules Asset “Normalization” as Expected

FOMC Schedules Asset “Normalization” as Expected Federal Reserve officials set an October start for shrinking their $4.5-T of assets, moving to unwind a pillar of their crisis-era support for the economy. FOMC forecasts 1 more interest-rate hike later this year, saying storm damage will have a temporary impact on the economy. “Hurricanes Harvey, Irma and […]

US Stock Indexes Mark New Record Highs, Financials Lead

US Stock Indexes Mark New Record Highs, Financials Lead

US Stock Indexes Mark New Record Highs, Financials Lead $DIA, $SPY, $QQQ, $VXX The major US stock market indexes are trading at record marks driven by gains in financial, technology and industrial stocks, with focus on the FOMC’s policy meet Tuesday and Wednesday, as The Trump Rally extends. Shares of the major banks, including Bank […]

US President Trump Poised to Change Fed Leadership +

US President Trump Poised to Change Fed Leadership +

US President Trump Poised to Change Fed Leadership + $GLD,$SLV, $PPLT, $USD Every US President gets the chance to influence Fed policy through nominations to the central bank’s Board of Governors. But, most often, that chance is limited to a small number of nominations, 3 max, including a nomination for Chairperson. But President Trump is […]

This Week’s FOMC Meet May Trigger Stock Rotation

This Week’s FOMC Meet May Trigger Stock Rotation

This Week’s FOMC Meet May Trigger Stock Rotation $SPY US stock investors could rotate out of high-yielding sectors and into stocks of banks, which would benefit from the next leg up in interest rates, after the FOMC’s policy-setting meeting wraps up Wednesday. If the FOMC gives a nod to rising inflation or focuses its trimmed-down […]

Gold Price Pressured by Notions of Fed, ECB Tightening

Gold Price Pressured by Notions of Fed, ECB Tightening

Gold Price Pressured by Notions of Fed, ECB Tightening $GLD, $SLV Gold fell Friday after a European Central Bank official called for scaling back the bank’s stimulus program, although losses were capped when weaker than expected US economic data raised some questions about further rate hikes. ECB board member Sabine Lautenschlaeger made the most explicit […]

US Economic Growth Picking Up, Inflation Muted

US Economic Growth Picking Up, Inflation Muted

US Economic Growth Picking Up, Inflation Muted $DIA, $SPY, $QQQ, $VXX The US economy expanded at a moderate pace in July through mid-August, but signs of an acceleration in inflation are muted, the latest survey conducted by the Fed showed Wednesday. “Prices rose modestly overall across the country,” the central bank said in its Beige […]

US Consumer Spending Up, Inflation Down, USD Falling

US Consumer Spending Up, Inflation Down, USD Falling

US Consumer Spending Up, Inflation Down, USD Falling $DIA, $SPY, $QQQ, $VXX US consumer spending rose a bit in July and annual inflation increased at its slowest pace since late Y 2015, diminishing expectations of a Fed interest rate hike in December. Inflation remains low even as the labor market is near full employment, a […]

JPY/USD – Japanese Economic Growth

JPY/USD – Japanese Economic Growth

The Japanese economy has been showing convincing signs of strength throughout the month of August. Despite softer than expected imports, Japan still managed to beat Q2 GDP expectations. Economic indicators like the PMIalso signal growth. However, despite the strong GDP outlook, Japan’s inflation rate remains dismally below the Bank of Japan’s targets, leaving the possibility of […]

Yellen and Draghi Open Jackson Hole Symposium Friday

Yellen and Draghi Open Jackson Hole Symposium Friday

Yellen and Draghi Open Jackson Hole Symposium Friday $USD, $DXY, $EUR The Jackson Hole Symposium is this week’s most anticipated event, in part due to a severe lack of other newsworthy market stories but also because two very important central bankers are scheduled to appear. The Fed and the ECB are not only 2 of […]

Investors are saying, “Stocks Are Too Expensive”

Investors are saying, “Stocks Are Too Expensive”

Investors are saying, “Stocks Are Too Expensive” $DIA, $SPY, $QQQ, $VXX Caution Signals Blinking Many professional investors (46%) saying stock markets are overvalued, Bank of America Merrill Lynch’s monthly fund manager poll showed Tuesday. The survey, which polled 202 asset managers with $587-B under management, was carried out between 4-10 August, and showed cash levels […]

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

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

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

JOLTS: US Jobs Openings Mark Record High at 6.2-M

JOLTS: US Jobs Openings Mark Record High at 6.2-M

JOLTS: US Jobs Openings Mark Record High at 6.2-M US job openings jumped to a record high in June, outpacing hiring, the latest signalling that companies are having trouble finding qualified workers. JOLTS, the monthly Job Openings and Labor Turnover Survey released by the US Labor Department Tuesday also underscored labor market strength may encourage […]

Weakening USD is Positive for Gold & Silver

Weakening USD is Positive for Gold & Silver

Weakening USD is Positive for Gold & Silver $GLD, $USD, $SLV The US Dollar (.DXY) Index has been moving lower, retreating 9% in 5 months, from 102 in March to its current 93.39. Not surprisingly, Gold has risen almost 10% in USD terms during this frame. Earlier this year many participant expected USD to continue its […]

FOMC “Reducing Debt Holdings to Start ‘Relatively’ Soon”

FOMC “Reducing Debt Holdings to Start ‘Relatively’ Soon”

FOMC “Reducing Debt Holdings to Start ‘Relatively’ Soon” Fed officials said they would begin running off their $4.5-T balance sheet “relatively soon” and left their benchmark policy rate unchanged as they assess progress toward their inflation goal. The start of balance-sheet normalization is another policy Milestone in an economic recovery now in its 9th year. […]

Australian Dollar (A$) CPI Outlook

Australian Dollar (A$) CPI Outlook

Australia’s Consumer Price Index (CPI) climbed an annualized 2.1% after expanding 1.5% during the last three-months of 2016, while the core rate of inflation increased 1.9% during the same period amid forecasts for a 1.8% print. Signs of slower-than-expected inflation may encourage the Reserve Bank of Australia (RBA) to preserve the record-low cash rate for […]

Fed Chairwoman Gets Investors Attention Again

Fed Chairwoman Gets Investors Attention Again

Fed Chairwoman Gets Investors Attention Again $DIA, $SPY, $QQQ, $VXX The focus Thursday was Fed Chairwoman Yellen’s testimony before the US Congress as the market posted another record close. Wednesday’s testimony confirmed this year’s next rate hike/s and QE policy tightening process that the market expected, but the discussions about the longer-term Neutral rate of […]

US Entering Period of Stagflation

US Entering Period of Stagflation

US Entering Period of Stagflation Former Fed Chairman Alan Greenspan warns that America is entering a “very tough” period of stagflation as it emerges from economic stagnation. “As the inflationary pressures which now seem to be building, we’ve just been through a long period of stagnation, we’re moving now toward what we used to call […]

Think Portfolio Insurance When Buying Gold in Here

Think Portfolio Insurance When Buying Gold in Here

Think Portfolio Insurance When Buying Gold in Here $GLD, $USD Gold (NYSEArca:GLD) is ranged within 1,190 and 1250 oz short term as the metal tracks US real interest rates. “We’re not saying we have a Bullish bias; we’re not saying we have a bearish bias,” siad executive director for commodities and foreign exchange at UBS […]

Allianz Investment Management Looks at the US & EU Markets

Allianz Investment Management Looks at the US & EU Markets

Allianz Investment Management (OTCMKT:AZSEY) Looks at the US & EU Markets $AZSEY In Q-1, it appeared that inflation in the US would indeed move up, as  the labor market continued to show signs of strength and job creation remained strong. Economic growth in Q-1 was weaker than FY forecasts, but financial markets have come to […]

Fed Sees Lower Interest Rated for Longer

Fed Sees Lower Interest Rated for Longer

Fed Sees Lower Interest Rated for Longer After last week, the FOMC raised the fed-funds rates by a quarter of a point and Fed Chair Janet Yellen, during the press conference that followed the rate decision pointed to the relentless debate, which concerns practically all central bankers of the leading economies in the world, whether […]

Global Investors Rotating, Not Retreating

Global Investors Rotating, Not Retreating

Global Investors Rotating, Not Retreating $DIA, $DAX, $DJSH, $N300, $NSEI Global equities have recovered rapidly after a dip this month as technology firms sold off, signalling the investors are still confident about the last of the Trump reflation trades, as they take a more discerning approach to stock-picking. Despite that recent stumble, MSCI’s gauge of world stock […]

US Producer Prices Flat to Unchanged, Services Costs Rise

US Producer Prices Flat to Unchanged, Services Costs Rise

US Producer Prices Flat to Unchanged, Services Costs Rise US producer prices were flat to unchanged in May as energy costs recorded their biggest decliner in more than a year, suggesting a moderation in inflation after a rise at the start of the year. Inflation at the factory gate remains supported by sustained increases in […]

Mark Lundeen: Gold and Silver Vs Stocks and Bonds

Mark Lundeen: Gold and Silver Vs Stocks and Bonds

Mark Lundeen: Gold and Silver Vs Stocks and Bonds $GLD, $SLV,$DIA, $GOVT Last  week ended with a new all-time high for the DJIA.  Keep in mind I am still a Big Bear on the stock market, but there’s no need to begin the depression any sooner than is necessary.  Still, I have to be honest […]

Soft US Inflation May Warrant Interest Rate “Rethink”

Soft US Inflation May Warrant Interest Rate “Rethink”

Soft US Inflation May Warrant Interest Rate “Rethink” $DIA,  $SPY,  $QQQ,  $VXX Tuesday, Fed Governor Lael Brainard said soft US inflation may cause her to reassess the path forward for monetary policy should it linger, even as the global economic outlook brightens and US growth looks poised to rebound. “If the soft inflation data persist, […]

FOMC Ties Rate Hikes to Economic Rebound

FOMC Ties Rate Hikes to Economic Rebound

FOMC Ties Rate Hikes to Economic Rebound The Fed (FOMC) policymakers agreed they should hold off on raising interest rates until they see evidence that a recent economic slowdown was transitory, mins from their 2-3 May policy meeting showed Wednesday. Nearly all policymakers at that meeting said they favored starting the wind-down of the Fed’s […]

US Stock Market Marks Record Highs

US Stock Market Marks Record Highs

US Stock Market Marks Record Highs $DIA, $SPY, $QQQ, $VXX The Big Q: Is the the US stock market rising because too much money is chasing too few opportunities? The Trump Trade, or investing in stocks in hopes that the President’s policies will boost economic growth, is not the main driver of this market, says […]

ECB’s Draghi Cautiously Upbeat on Eurozone

ECB’s Draghi Cautiously Upbeat on Eurozone

ECB’s Draghi Cautiously Upbeat on Eurozone The Head of the European Central Bank (ECB) says that risks to the strengthening economy of the 19-country Eurozone have fallen insisting it is too early to declare victory and start withdrawing stimulus measures. Mario Draghi said in remarks delivered Wednesday in the Dutch Parliament that recent data confirm […]

Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Inflation & Trading Technical Analysis

Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Inflation & Trading Technical Analysis

Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Inflation & Trading Technical Analysis Highlights *Malaysia Inflation Rate Highest In Over 8 Years *Inflation set to accelerate and average 3%-4% on oil prices *Gross domestic product is forecast to expand 4.3 percent to 4.8 percent this year Overall, the bias in prices is: Sideways. Short term: […]