The US Economy is Not Recovering

The US Economy is Not Recovering






The US Economy is Not Recovering Despite US media’s trumpeting the Obama Admin’s numbers lauding the so-called “recovering” US economy, a new Gallup report said that is not true. There is a Big Problem: The deaths of small businesses under the Obama Administration outnumbered their births. That is because there has been much long-term degradation […]






Donald Trump, “I will Introduce an America First Energy Plan”

Donald Trump, “I will Introduce an America First Energy Plan”






Donald Trump, “I will Introduce an America First Energy Plan” Donald Trump outlined his pro-Coal mining and fossil fuel election platform, telling an industry audience in Pittsburgh, PA that he will scrap the $5-T Obama-Clinton Climate Action Plan and the Clean Power Plan, and overhaul EPA regulations seen as strangling US, Coal, Oil & Gas […]






BYD (OTCMKT:BYDDF) to Triple Size of California Factory

BYD (OTCMKT:BYDDF) to Triple Size of California Factory






BYD (OTCMKT:BYDDF) to Triple Size of California Factory $BYDDF Chinese car, bus and battery maker BYD (OTCMKT:BYDDF) announced recently that it will expand its EV (electric vehicle) plant in Lancaster, California, 3X’ing the size of its facility, employment and production capability in next 3 years. Stella Li, President of BYD America, said at a groundbreaking […]






Union “Rank-and- File” Prefer Donald Trump as US President

Union “Rank-and- File” Prefer Donald Trump as US President






Union “Rank-and-File” Prefer Donald Trump as US President America’s union leaders are not expending a lot of energy trying to win back members drawn to Donald Trump’s populist, anti-trade message. Donald Trump is wooing working-class voters by promising to renegotiate trade deals and bring back lost manufacturing jobs, some unions are re-calibrating their usual election-year […]






Wells Fargo’s (NYSE: WFC) Fraud Cost Investors $10-B

Wells Fargo’s (NYSE: WFC) Fraud Cost Investors $10-B






Wells Fargo’s (NYSE:WFC) Fraud Cost Investors $10-B $WFC, $JPM, $BRK.A FLASH: Here is the word on how it’s largest shareholder, Warren Buffet’s Berkshire Hathaway (NYSE:BRK.A) feels about the mess, likely put out, as his loss is reported at $1.4-B. Wells Fargo’s (NYSE:WFC) fraud cost 5,200 employees their jobs and the bank suffered $185-M in fines, […]






The US Has “Tremendous Power”over China

The US Has “Tremendous Power”over China






The US Has “Tremendous Power”over China Donald Trump says the United States has “tremendous power” over China because the world’s 2nd-largest economy depends on American prosperity and because of Beijing’s ownership of a staggering amount of US debt. “They suck the blood out of us and we owe them money,” Donald Trump said Monday. “We […]






Weak NFPs Signals No Fed Rate Hike in September

Weak NFPs Signals No Fed Rate Hike in September






Weak NFPs Signals No Fed Rate Hike in September $DIA, $SPY, $QQQ, VXX August Employment Situation and July Trade Deficit: NFPs: 151,000; Private Sector: 126,000; Unemployment Rate; 4.9% Unch; Hourly wages: +0.1%/ Trade Deficit: $5.2-B narrower Commentary: Given how robust job gains were in June and July, the weak August increase halted the FOMC actions. If […]






Eric Trump, Dad Wants to ‘Protect Our Country’ with Immigration Stance

Eric Trump, Dad Wants to ‘Protect Our Country’ with Immigration Stance






Eric Trump, Dad Wants to ‘Protect Our Country’ with Immigration Stance Friday, Eric Trump defended his father’s immigration and deportation plans, saying wants to “protect this country and preserve the wages of 320-M people who live here.” “It’s very, very sad,” Eric Trump said in a TV interview. “The median income hasn’t gone up in […]






The World’s Youth Facing Massive Unemployment

The World’s Youth Facing Massive Unemployment






The World’s Youth Facing Massive Unemployment A report released Wednesday by the International Labour Organisation (ILO) warned that 13.1% of the world’s youth are set to be jobless in Y 2016, up from 12.9% last year. According to ILO’s World Employment and Social Outlook 2016 report, the global number of unemployed youth is expected to […]






Another Democratic ‘Tax & Spend’ Administration = Recession

Another Democratic ‘Tax & Spend’ Administration = Recession






Another Democratic ‘Tax & Spend’ Administration = Recession $DIA, $SPY, $QQQ, $VXX Hillary Clinton got hammered from all directions Monday. Mrs. Clinton is trying come up with a new and inspiring idea to jump-start a anemic US economy and help the financially stressed middle class. The progressive/left really does not know  how to and will […]






Donald Trump offers “the biggest tax revolution since the Reagan reforms”

Donald Trump offers “the biggest tax revolution since the Reagan reforms”






Donald Trump offers “the biggest tax revolution since the Reagan reforms” Monday in Detroit Donald Trump outlined his economic plan that he said will streamline the US tax code and lower the tax rate for working Americans, offering “the biggest tax revolution since the Reagan tax reform.” With a 55-min speech to the prestigious Detroit […]






The Week Ahead on Wall Street

The Week Ahead on Wall Street






The Week Ahead on Wall Street $PFE, $PG Earnings season continues with 119 S&P 500 companies reporting. Included in this group are DJIA components Pfizer Inc. (NYSE:PFE) and Proctor & Gamble Co. (NYSE:PG), which will both report Tuesday. Economic Reports The week’s 1st economic reports to Wall Street will be the July purchasing manager’s manufacturing index (PMI), the […]






Consumer Confidence Dims on Economy

Consumer Confidence Dims on Economy






Consumer Confidence Dims on Economy $DIA, $SPY, $QQQ, $VXX Consumer confidence slid in July from the prior month on dimmer views of the US economy’s prospects and lingering concerns among higher-income earners about global market conditions. The University of Michigan said Friday that its final index of sentiment (MSI) declined to 90 this month from […]






GOP United, Aligned Going Into Convention with Trump/Pence Ticket

GOP United, Aligned  Going Into Convention with Trump/Pence Ticket






GOP United, Aligned  Going Into Convention with Trump/Pence Ticket Saturday, Donald Trump’s choice for VP running mate Mike Pence, Saturday heralded the presumptive GOP nominee as a strong leader who will bring his brand of “no-nonsense Leadership” to Washington DC. “Elections are about choices, and I also joined this ticket because the choice could not […]






US Jobless Claims Rise, Unemployment Benefits Increased in June

US Jobless Claims Rise, Unemployment Benefits Increased in June






US Jobless Claims Rise, Unemployment Benefits Increased in June $DIA, $SPY, $QQQ, $VXX The number of Americans filing for unemployment benefits rose last week, but remained below a level associated with a healthy labor market. Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 268,000 for the week ended 25 June, the […]






A Troubling Story: “The US has Become a ‘Renter Nation'”

A Troubling Story: “The US has Become a ‘Renter Nation






A Troubling Story: “The US has Become a ‘Renter Nation’” A troubling story is  playing out across they USA in the 10 years since the housing bubble peaked and burst in a horrific crash. As real estate has risen, homeowners are thriving and renters struggle. For many longtime owners, times are good. They are enjoying […]






Paul Manafort now ‘in Charge’ of Donald Trump’s Presidential Campaign

Paul Manafort now ‘in Charge’ of Donald Trump’s Presidential Campaign






Paul Manafort now ‘in Charge’ of Donald Trump’s Presidential Campaign Paul Manafort is now ‘in Charge’ of Donald Trump’s Presidential campaign after the campaign announced it has parted ways with Corey Lewandowski. “Mr. Trump obviously made a decision this morning,” Barry Bennett said Monday on TV. “I have not yet talked to him about it, […]






Fed’s Economic Downgrade Helps Donald Trump, Hurts Hillary Clinton

Fed’s Economic Downgrade Helps Donald Trump, Hurts Hillary Clinton






Fed’s Economic Downgrade Helps Donald Trump, Hurts Hillary Clinton The FOMC did not (could not) raise interest rates, but it signaled a new turn for the US economy, South. Wednesday, the US Fed downgraded its economic outlook for the rest of this year, which will impact the Presidential election if the forecast is right. In […]






China Expands Opportunities for College Graduates

China Expands Opportunities for College Graduates






China Expands Opportunities for College Graduates Stable economic growth, continued progress in structural reform, and policies supportive of entrepreneurship and employment generation offer new opportunities for college graduates. A survey conducted by education research company MyCOS Institute, released Sunday, showed that the employment rate of college graduates in Y 2015 was 91.7%, in line with […]






Ralph Lauren (NYSE:RL) Cutting about 1,000 Jobs & Closing 50 Stores

Ralph Lauren (NYSE:RL) Cutting about 1,000 Jobs & Closing 50 Stores






Ralph Lauren (NYSE:RL) Cutting about 1,000 Jobs & Closing 50 Stores $RL Ralph Lauren Corp (NYSE:RL). is cutting about 1,000 jobs and closing 50 stores as part of a sweeping plan to lower costs and revive sales growth at the luxury fashion brand. Shares of Ralph Lauren, which also forecast declines in FY (fiscal year)and […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The currency pair traded uneventfully around its Friday’s high for most of Monday extending its gains up to 1.1392 during the American session, following US Fed’s Yellen hawkish words on a speech over current conditions and the outlook for the US economy in Philadelphia, in where she acknowledged the […]






Janet Yellen’s Remarks Anything But “Dovish”

Janet Yellen’s Remarks Anything But “Dovish”






Janet Yellen’s Remarks Anything But “Dovish” Monday, US Federal Reserve Chairwoman Janet Yellen said  that interest rate hikes are likely on the way because “positive economic forces outweigh the negative” for the United States now that risks from earlier this year have diminished. In Monday’s public comment from any US central banker before a Key […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The US monthly NFP’s released last Friday, cast doubts over the possibility of a US rate hike this Summer, triggering a Buck selloff. The world’s largest economy added just 38,000 meaning no jobs, new jobs last May, and March, April saw Southside revisions of 59-K. The unemployment rate fell […]






Chinese Investment in Latin America is the Key to Regional Growth

Chinese Investment in Latin America is the Key to Regional Growth






Chinese Investment in Latin America is the Key to Regional Growth Chinese investments in Latin America and the Caribbean will be Key to the growth and development of this region, especially for tourism and infrastructure, Colombian academic Jose Reyes Bernal Bellon said in an interview Tuesday. Chinese investments are “an added value that provides a […]






Donald Trump and RNC Begin Fundraising

Donald Trump and RNC Begin Fundraising






Donald Trump and RNC Begin Fundraising Donald Trump and the Republican National Committee (RNC) have sent out their 1st email fundraising pitch, focusing on small donors who contributed to the presumptive nominee’s primary campaign. “Our country doesn’t win anymore,” the e-Mail begins, using an often-used premise of the GOP presumptive nominee, and ends with a […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The Buck recovered from fresh multi-month lows by the end of last week, although the negative sentiment towards the USD persists, after the release of a mixed April job’s report. According to the latest data, the world’s largest economy added just 160-K new jobs during the month, below market’s […]






Donald Trump “Channels” FDR with New Deal Approach

Donald Trump “Channels” FDR with New Deal Approach






Donald Trump “Channels” FDR with New Deal Approach Donald Trump is set on fixing the USA’s crumbling infrastructure “channeling” FDR’s New Deal. Donald Trump’s plan to repair the United States’ aging/crumbling  infrastructure, which includes roads, bridges, tunnels, and the power grid could end up moving him a bit to the left, because of the massive […]






The Week Ahead on Wall Street

The Week Ahead on Wall Street






The Week Ahead on Wall Street $PFE, $MRK Q-1 earnings season will be busy, with 124 members of the S&P 500 scheduled to report this week. Included in this group are DJIA components Pfizer (NYSE:PFE) Tuesday and Merck & Co. (NYSE:MRK) Thursday. Economic Reports The week’s 1st economic reports to Wall Street will be the April PMI […]






Katzenberg Agrees to Sell Dreamworks Animation

Katzenberg Agrees to Sell Dreamworks Animation






Katzenberg Agrees to Sell Dreamworks Animation $DWA, $CMCSA Dreamworks Animation (NASDAQ:DWA) CEO Jeffrey Katzenberg has found a buyer for his film studio. The Glendale, California animation company has reached an agreement with Comcast (NASDAQ:CMCSA) to be sold for than $3.8-B, sources confirmed late Thursday evening. The acquisition would fold DWA into an entertainment conglomerate that […]






Donald Trump Destroys Lie’n Ted Cruz In NY, CA & PA

Donald Trump Destroys Lie’n Ted Cruz In NY, CA & PA






Donald Trump Destroys Lie’n Ted Cruz In NY, CA & PA Donald Trump said Lie’n Ted Cruz does not have a shot at winning the GOP’s nomination. Donald Trump, in rallies before several thousand people Saturday in Syracuse and Watertown, fired home his message of jobs and the economy. He also kept alive his intense […]