The Trump Effect: US Companies Seen Investing More

The Trump Effect: US Companies Seen Investing More

The Trump Effect: US Companies Seen Investing More $DIA, $SPY, $QQQ, $RUTX, $AAPL US companies are seen investing more of the money saved from sweeping Trump tax cuts into businesses later this year, perhaps even surpassing a jump in Q-1 capital expenditure that was the highest in nearly 7 years. Higher spending on technology, equipment […]

Record Numbers of America’s Small Businesses Are Boosting Profits

Record Numbers of America’s Small Businesses Are Boosting Profits

Record Numbers of America’s Small Businesses Are Boosting Profits US small businesses increased hiring and profits amid a record-level of optimism in the economy. The National Federation of Independent Business (NFIB) said its Small Business Optimism Index sustained record-high marks increasing to 104.8 in April, driven by reports of improved profits, the highest in the NFIB Small […]

US Economic Growth ‘Robust’ and On Track

US Economic Growth ‘Robust’ and On Track

US Economic Growth ‘Robust’ and On Track Strong business borrowing, rising consumer spending, plus tight labor markets indicate the US economy remains on track for continued growth, the Fed reported Wednesday, the risks of a global trade war the only outlier. In its periodic “Beige Book” summary of contacts with businesses in its 12 regional districts, the […]

US Retail Sales UP on Trump Tax Cuts, Consumer Spending Strengthens

US Retail Sales UP on Trump Tax Cuts, Consumer Spending Strengthens

US Retail Sales UP on Trump Tax Cuts, Consumer Spending Strengthens US retail sales rebounded in March after 3 straight monthly decliners as households boosted purchases of motor vehicles and other big-ticket items, suggesting consumer spending was heading into Q-2 with momentum. Fears of a trade war between China and the United States have roiled […]

President Trump’s Tax Cuts Seen Halting a 3-Month Retail Sales Slump

President Trump’s Tax Cuts Seen Halting a 3-Month Retail Sales Slump

President Trump’s Tax Cuts Seen Halting a 3-Month Retail Sales Slump $SPY For sure President Trump’s tax cuts have given a boost to Americans’ take-home pay this year. The Big Q: Will the US consumer putting the extra cash toward savings and debt, or using it to go shopping? The Big A: We here a […]

US To See Massive Corporate Spending in Wake of President Trump’s Tax Reform

US To See Massive Corporate Spending in Wake of President Trump’s Tax Reform

US To See Massive Corporate Spending in Wake of President Trump’s Tax Reform Corporate America strongly backs The Trump Administration’s tax reform, and is driving spending plans to multiyear highs. Wednesday, in a Quarterly survey released by Deloitte LLP, a record number of CEOs & CFOs said that now is a good time to take […]

China Has Launched Its Gold-backed ‘Petroyuan’

China Has Launched Its Gold-backed ‘Petroyuan’

China Has Launched Its Gold-backed ‘Petroyuan’ $CNY, $USD, $USO, $OIL, $GLD For the last few years, I have been writing about China’s coming Gold-backed ‘petroyuan’ and that it was imminent, few thought is possible. On 26 March China launch an RMB Yuan-dominated Crude Oil futures contract, it had tried before, but, now the contract has gotten […]

Amazon (NASDAQ:AMZN) Has 10X the Data on American’s than Facebook

Amazon (NASDAQ:AMZN) Has 10X the Data on American’s than Facebook

Amazon (NASDAQ:AMZN) Has 10X the Data on American’s than Facebook $AMZN, $FB, $ORCL, $GOOGL Amazon has 10X the data on American consumers and owns the Washington Post a left wing political newspaper, always critical of President Trump and his administration. Amazon.com Inc. (NASDAQ:AMZN) disengaged with Washington’s biggest lobbying firm and brought on new advisers following […]

US Economy Strong in Q-4

US Economy Strong in Q-4

US Economy Strong in Q-4 Consumer spending on goods also saw its biggest Quarterly bounce in more than 11 years after an upward revision to 7.8% growth. The US economy grew significantly faster at the end of Y 2017 than previously reported, with revised data showing stronger consumer spending and business investment, the government reported […]

Jack Dorsey, “Bitcoin Will Be the World’s Single Currency”

Jack Dorsey, “Bitcoin Will Be the World’s Single Currency”

Jack Dorsey, “Bitcoin Will Be the World’s Single Currency” $BTCUSD , $TWTR, $SQ Twitter (NYSE:TWTR) and Square (NYSE:SQ) CEO Jack Dorsey recently had very positive remarks about Bitcoin. He predicted the future of finance, suggesting that the “father of cryptocurrencies” is likely to become the world’s only currency within the next 10 years. Mr. Dorsey declared: […]

Seeing US GDP for Q-4 Being Revised Upward

Seeing US GDP for Q-4 Being Revised Upward

Seeing US GDP for Q-4 Being Revised Upward US economic growth for Q-4 Y 2017 is likely to be revised upward after data Thursday indicated more spending on services than previously estimated by the government. The Commerce Department’s quarterly services survey, or QSS, added to December data on construction spending and manufacturers inventories in suggesting that gross […]

FOMC Eyeing Inflation, ‘Strike a Balance; with Rate Hikes

FOMC Eyeing Inflation, ‘Strike a Balance; with Rate Hikes

FOMC Eyeing Inflation, ‘Strike a Balance’ with Rate Hikes Fed Chairman Jerome Powell, pledging to “strike a balance” between the risk of an overheating economy and the need to keep growth on track, told US lawmakers Tuesday that the central bank would stick with gradual interest rate increases despite the added stimulus of tax cuts […]

President Trump’s Tax Cuts Benefit America’s Working Wage Earners

President Trump’s Tax Cuts Benefit America’s Working Wage Earners

President Trump’s Tax Cuts Benefit America’s Working Wage Earners President Trump’s tax cuts on businesses will mostly benefit America’s workers and wage earners. Economist Larry Kudlow made the remarks while debating the effects of tax reform with Gene Sperling, the economist who worked for the Clinton and Hussein Obama Administrations, on TV Wednesday. Mr. Kudlow […]

US Economy Can Handle Trump Budget Deficits

US Economy Can Handle Trump Budget Deficits

US Economy Can Handle Trump Budget Deficits The US economy can handle the trillion-dollar deficits that are forecast to result from President Trump’s budget proposal released Monday. “The deficit is going to be 5.5% of GDP for FY 2019. Over 10 years, it’s going to average about 3.5% ,” economist Larry Kudlow said pointing out […]

President Trump’s Federal Budget is the Start of Reduced Spending

President Trump’s Federal Budget is the Start of Reduced Spending

President Trump’s Federal Budget is the Start of Reduced Spending President Donald Trump’s spending plan is the “start” of the government reigning in spending, particularly in entitlement programs, according to Republican National Committee (RNC) spokeswoman Kayleigh McEnany. “We think this budget is the 1st start” of reigning in spending, she said, pointing to a proposed […]

Millennial’s Spending Hobbled by Student Debt

Millennial’s Spending Hobbled by Student Debt

Millennial’s Spending Hobbled by Student Debt Millennial’s spending habits have been driving business leaders crazy, but not because the youngest generation in the workforce is irresponsible with their cash. On the contrary, millennials are turning out to be the most frugal demographic since the so-called Greatest Generation that came of age during the depression. That […]

Tesla (NASDAQ:TSLA) Burning Money, Posts Biggest Quarterly Loss Ever

Tesla (NASDAQ:TSLA) Burning Money, Posts Biggest Quarterly Loss Ever

Tesla (NASDAQ:TSLA) Burning Money, Posts Biggest Quarterly Loss Ever $TSLA, $GM, $F Wednesday, Tesla Inc. (NASDAQ:TSLA) said it has revised production targets for its Model 3 electric sedan, posting its worst-ever Quarterly loss, and warned that its spending would increase this year. Money-losing Tesla’s long-term ability to survive depends on annually selling billions of dollars […]

This is a Strong  Start for The Trump Economy

This is a Strong  Start for The Trump Economy

This is a Strong  Start for The Trump Economy Beginning last Spring, US GDP has averaged about 3%, that is much stronger than either during the Bush (43) or Hussein Obama (45) Presidencies. This Winter, consumers are likely to pull back some and pay off credit-card balances accumulated during the holiday shopping season. Then, with […]

Weak 13: NFL Attendance Crisis Continues

Weak 13: NFL Attendance Crisis Continues

Week 13:  NFL Attendance Crisis Continues Empty Seats Greatly Outnumber Spectators last week Week 13 does not appear to be the National Football League’s (NFL) lucky number as photos of stadiums across the league still show an awful lot of empty seats. Meanwhile, the sad in-person attendance mirrors the continually plummeting TV ratings. With last […]

Strong US Consumer Confidence Cheers Retailers

Strong US Consumer Confidence Cheers Retailers

Strong US Consumer Confidence Cheers Retailers  Black Weekend indicated US Consumers shopped for the real deals. Having just gotten through a huge Black Friday, Small Business Saturday and Cyber Monday, news that consumers did not go out and shop ‘till they dropped in October was not something for retailers to worry about. After splurging on […]

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 Seeing Highest Spending Since 2009 Stimulus

US Seeing Highest Spending Since 2009 Stimulus

US Seeing Highest Spending Since 2009 Stimulus Real federal spending in FY 2017 was the 2nd highest in the history of the United States, topped only by Y 2009, when former president Barack Hussein Obama’s $840-B stimulus law was enacted according to reports. Fiscal Year (FY) 2017 also saw the 2nd highest real federal individual […]

US Stock Indexes Post Record Highs Despite Las Vegas ‘Horror’ 

US Stock Indexes Post Record Highs Despite Las Vegas ‘Horror’ 

US Stock Indexes Post Record Highs Despite Las Vegas ‘Horror’ $DIA, $SPY, $QQQ, $VXX The S&P 500 and the DJIA traded just below record highs touched at the open Monday, in a strong start to Q-4, boosted by financials and healthcare stocks and after economic data pointed to underlying strength in the economy. Shares of […]

US Manufacturing Beat Estimates in September, Hit 13.5 Yr Highs

US Manufacturing Beat Estimates in September, Hit 13.5 Yr Highs

US Manufacturing Beat Estimates in September, Hit 13.5 Yr Highs September ISM Index (actual: 60.8 consensus: 57.8; prior: 58.8) August Construction Spending (actual: 0.5%; consensus: 0.2%; prior: -1.2%) A measure of US manufacturing activity surged to a near 13.5-year highs in September as disruptions to the supply chains caused by Hurricanes Harvey and Irma resulted in […]

US Consumer Comfort Falls After 7 Straight Weekly Gainers

US Consumer Comfort Falls After 7 Straight Weekly Gainers

US Consumer Comfort Falls After 7 Straight Weekly Gainers $DIA, $SPY, $QQQ, $VXX Americans’ confidence eased from a 16-year high last week, though relatively high optimism should continue to support spending, according to the Consumer Comfort Index figures released Thursday. Highlights of Consumer Comfort, Week Ended 3 September Consumer comfort measure fell to 52.6 from […]

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 […]

US Consumer Confidence at 16-Year High, Sign of Sustained Spending

US Consumer Confidence at 16-Year High, Sign of Sustained Spending

US Consumer Confidence at 16-Year High, Sign of Sustained Spending $DIA, $SPY, $QQQ, $VXX Consumer confidence, including views about the US economy, last week marked a 16-year high, indicating spending will remain solid. Confidence among Republicans rose to an almost 10-year high, while comfort of independents was strongest in more than 16 years, Democrats are […]

Housing is The Top Consumer Spending Category in the UAE

Housing is The Top Consumer Spending Category in the UAE

Housing is The Top Consumer Spending Category in the UAE Among GCC countries, consumer spending per household in the UAE was highest during Y 2016 at $103,000 Consumer spending in the UAE is expected to exceed $261-B in Y 2021, compared to nearly $183-B in Y 2016, according to research released by the Dubai Chamber […]

Keeping America Safe, WH Beefs Up The Defense Sector

Keeping America Safe, WH Beefs Up The Defense Sector

Keeping America Safe, WH Beefs Up The Defense Sector $DIA, $SPY, $QQQ, $VXX US President Donald Trump is expected to sign an ER (executive order) that will direct a review into whether United States military suppliers would have the ability to keep the military stocked during wartime. Nextgov reports that the Pentagon will lead the multi-agency review, […]

Lots of “Fast Growth” Ahead for the US Economy

Lots of “Fast Growth” Ahead for the US Economy

Lots of “Fast Growth” Ahead for the US Economy $DIA,  $SPY,  $QQQ,  $VXX Economists and pundits daily nay-say President Donald Trump’s economic agenda and forecast of 3% growth as fantasy. The consensus is that the economy “can’t possibly grow at 3%,” according to The Wall Street Journal. “Slow growth is the new norm, so get […]

US Home Construction Stalled, Continuing Growth in Question

US Home Construction Stalled, Continuing Growth in Question

US Home Construction Stalled, Continuing Growth in Question $DIA,  $SPY,  $QQQ,  $VXX May Housing Starts and June Preliminary Consumer Confidence  Starts: -5.5%; 1-family: -3.9% Permits: -4.9%; 1-Family: -1.9% Consumer Confidence: down 2.6 points The downward trend in home construction does not augur well for growth in 2-H Business leaders and owners, whether they are involved […]

President Trump and The Economy of Mass Prosperity

President Trump and The Economy of Mass Prosperity

President Trump and The Economy of Mass Prosperity The next phase of Capitalism is coming, if its evolution is allowed After proposing $1 trillion investment into infrastructure, the Trump administration is harnessing the brainpower of renowned experts to unlock the insoluble problem of how many jobs will be created for each billion dollars of spending. […]

Economic Outlook is Bright, Consumer Spending Rising

Economic Outlook is Bright, Consumer Spending Rising

Economic Outlook is Bright, Consumer Spending Rising $DIA, $SPY, $QQQ, $VXX US consumer spending is stable and relatively high as Americans are more positive than negative about the national economy and fewer adults are unemployed than at any time in the past 16 years, Gallup reports: Their daily self-reports of spending averaged $104, similar to […]

The US Entitlement State is Not Sustainable

The US Entitlement State is Not Sustainable $AAPL, $AMZN, $FB, $GOOG The US government’s entitlement programs: Social Security and Medicare, down to food stamps and spending on the arts are closing in on 70% of our spending. Add in interest our increasing debt, and very little of what the government spends money on goes to […]

President Trump’s Budget Is Pro-Taxpayers, Pro-Jobs, Pro-Growth

President Trump’s Budget Is Pro-Taxpayers, Pro-Jobs, Pro-Growth

President Trump’s Budget Is Pro-Taxpayers, Pro-Jobs, Pro-Growth President Donald Trump’s proposed Y 2018 budget will help to accelerate economic growth by 3.5 to 4% a year “Roll back regulations and grow, grow, grow. 3%, in my opinion, is minimal. They can do 3.5 to 4% if they get the tax cuts through ASAP,”Larry Kudlow, the […]

President Trump Right on Tax Reform, Slashing Regulation & Government Spending

President Trump Right on Tax Reform, Slashing Regulation & Government Spending

President Trump Right on Tax Reform, Slashing Regulation & Government Spending President Donald Trump has the right ideas about cutting taxes, regulation, and government spending. “If we want faster growth, the only recipe that gives you faster growth in the long run is increasing the productivity, the efficiency of your economy: Getting more output from […]

World War 3: Stocks for a “War Portfolio”

World War 3: Stocks for a “War Portfolio”

World War 3: Stocks for a “War Portfolio” $LTM, $GD, $BA The Key US defense contractor stocks are up on President Trump’s strong stance against, ISIS’ waring in Syria and North Korea’s ballistic missile threats. The group has been running since the election on President Trump’s campaign promises to boost military spending. Now, the outlook […]

US Durable Goods Data Indicates Increased Business Spending

US Durable Goods Data Indicates Increased Business Spending

US Durable Goods Data Indicates Increased Business Spending $DIA,  $SPY, $QQQ, $VXX New orders for Key US-made capital goods rose less than expected in March, but a 2nd straight monthly increase in shipments suggested business investment accelerated in Q-1 behind a recovering energy sector. While other data relieved Thursday showed a bigger-than-expected increase in 1st-time […]

Rising Student Debt Hurts Housing and Consumer Spending

Rising Student Debt Hurts Housing and Consumer Spending

Rising Student Debt Hurts Housing and Consumer Spending Rising student loan debt looks to harm the overall US economy, especially home ownership and consumer spending, a top Federal Reserve official said Monday. The rising debt also might erode colleges’ and universities’ ability to elevate lower-income students. New York Fed President William Dudley cited research from […]

Gold Miners’ “Magic” Triggers $24-B Exploration Race

Gold Miners’ “Magic” Triggers $24-B Exploration Race

Gold Miners “Magic” Triggers $24-B Exploration Race $GLD,  $EXCFF,  $RIO,  $BHP  $SLW The sector is coming off of the bottom of the Bear Market cycle A rebound in exploration by global miners could see spending hit C$24-B by Y 2025 with China the front runner in the search for a new generation of giant discoveries. […]

Some Secrets to Success From Ferrari (NYSE:RACE) Collector David Lee

Some Secrets to Success From Ferrari (NYSE:RACE) Collector David Lee

Some Secrets to Success From Ferrari (NYSE:RACE) Collector David Lee $RACE Ferrari collector David Lee is a man who understands the secrets to success. The Big Q’s: How much of these are actually secrets? The Big A: The secrets to success are not actually secrets at all. Mr. Lee was recently interview by author R.L. Adams […]

China’s Economic Recovery Spurs Luxury Buying

China’s Economic Recovery Spurs Luxury Buying

China’s Economic Recovery Spurs Luxury Buying $COH, $SWGAY, $LVMHF China’s recent recovery in luxury spending may boost sales of department-store operators and high-end retailers in the country, according to global ratings agency Fitch. Reports from international brands such as Coach (NYSE:COH), Swatch (OTCMKT:SWGAY) and LVMH (OTCMKT:LVMHF) suggest luxury spending in China is beginning to pick […]

Trump Team Planning Huge Government Spending Cuts

Trump Team Planning Huge Government Spending Cuts

Trump Team Planning Huge Government Spending Cuts Donald Trump’s Administration staff is preparing to slash US government spending by $10.5-T over 10 years, and will start Friday, January 20th after his swearing in ceremony. Plans include privatizing the Corporation for Public Broadcasting (PBS)and eliminating the National Endowment for the Arts and National Endowment for the […]

Obama’s Radical “Green”Agenda has Stalled US Infrastructure Development

Obama’s Radical “Green”Agenda has Stalled US Infrastructure Development

Obama’s Radical “Green”Agenda has Stalled US Infrastructure Development $COP, $TRP Oil and Gas company ConocoPhillips (NYSE:COP) requested a permit from the Obama Administration to launch an oil-drilling project in Alaska in early Y 2015. The drilling project, dubbed the Greater Mooses Tooth Development (GMTD), is located within the National Petroleum Reserve and would create thousands […]

US Healthcare Spending Grew Faster Than Economy Under Obama

US Healthcare Spending Grew Faster Than Economy Under Obama

US Healthcare Spending Grew Faster Than Economy Under Obama The USA’s healthcare bill grew at the fastest rate in 8ht years in Y 2015, driven by the coverage expansion in President Barack Hussein Obama’s law (ACA) and by costly Rx drugs, the government said recently. The growth of 5.8% in Y 2015 boosted total healthcare spending […]

Retailers Rally, Driving S&P 500 to Record Highs

Retailers Rally, Driving S&P 500 to Record Highs

Retailers Rally, Driving S&P 500 to Record Highs $BBY, $M, $HD, $AMZN, $TGT Wall Street expects consumers to open their wallets a little wider this holiday shopping season but bargains among red-hot retail stocks could be hard to find, especially as profit growth proves elusive for many big names. Retailers, including Best Buy (NYSE:BBY), Kohls […]

Holiday Shopping Expects the “Trump Bump” Retailers Happy

Holiday Shopping Expects the “Trump Bump” Retailers Happy

Holiday Shopping Expects the “Trump Bump” Retailers Happy $ADBE Black Friday, the day after Thanksgiving that’s been the traditional kickoff to the holiday shopping season, now it is no longer a 1 day event. The WS-J reported Thursday shoppers have already spent $27.2-B between 1 and 23 November, a 4.3% hike over the same frame […]

It is Time for Americans to Be Optimistic Again

It is Time for Americans to Be Optimistic Again

It is Time to Be Optimistic Again $SPY Donald Trump’s plans for the economy will boost deficits, interest rates and growth but also will create opportunities for ordinary investors, it is time for Americans to be optimistic again. Both Trump and Hillary Clinton promised sorely needed additional spending on roads and public structures, schools, railway […]

Bond Trader Signaling Coming Inflation

Bond Trader Signaling Coming Inflation

Bond Trader Signaling Coming Inflation The rout in the fixed-income arena deepened into the worst in 15 years as traders sounded the alarm on inflation amid speculation US President Elect Donald Trump’s spending pledges will boost economic growth. Yields on benchmark 10-year US Treasuries posted their steepest back-to-back weekly increase since Y 2001, and a bond-market […]

Steve Bannon Designed “An Entirely New Political Movement”

Steve Bannon Designed “An Entirely New Political Movement”

Steve Bannon Designed “An Entirely New Political Movement” “I’m not a white nationalist, I’m a nationalist. I’m an economic nationalist,” Bannon tells THR media columnist Michael Wolff as the controversial Breitbart News chief turned White House advisor unleashes on Hillary Clinton, Fox News and his critics. In late summer when I went up to see […]

Yellen, “Fed could raise US interest rates relatively soon.”

Yellen, “Fed could raise US interest rates relatively soon.”

Yellen, “Fed could raise US interest rates relatively soon.” The Fed could raise US interest rates “relatively soon,” Fed Chairwoman Janet Yellen said Thursday as data showing a surge in housing starts and uptick in inflation underscored her upbeat assessment of where the country stands. In Ms. Yellen’s 1st remarks since the election of Donald […]

Sotheby’s (NYSE:BID) to Launch its 1st UAE Office in Dubai this Year

Sotheby’s (NYSE:BID) to Launch its 1st UAE Office in Dubai this Year

Sotheby’s (NYSE:BID) to Launch its 1st UAE Office in Dubai this Year $BID Sotheby’s, which has offices in Doha, Istanbul, Egypt, Lebanon and Mumbai, is hiring staff for its office in Dubai International auction house Sotheby’s plans to open its 1st gallery in Dubai as part of efforts to capitalize on demand for Middle Eastern […]

Obama’s Jobs Legacy: Near-Record 94.6-M Americans Not in Workforce

Obama’s Jobs Legacy: Near-Record 94.6-M Americans Not in Workforce

Obama’s Jobs Legacy: Near-Record 94.6-M Americans Not in Workforce A near record high of 94,609,000 Americans are not in the labor force, 425,000 more than last month’s 94,184,000, and the 2nd highest number on record. When US President Barack Hussein Obama took office in January 2009, 80,529,000 Americans were not in the labor force, and […]

Gold Wins No Matter Who Is Elected US President

Gold Wins No Matter Who Is Elected US President

Gold Wins No Matter Who Is Elected US President $GLD, $NUGT With the Y 2016 Presidential election on 8 November, many Americans are concerned about the fate of the nation. The Big Q’s” What will happen to the economy under the new administration, to Crude Oil prices, property values, the stock market, +++? There is […]

Business Spending Dives, Durable Goods Orders Fall, Recession Looms

Business Spending Dives, Durable Goods Orders Fall, Recession Looms

Business Spending Dives, Durable Goods Orders Fall, Recession Looms $DIA, $SPY, $QQQ, $VXX Orders for big-ticket manufactured goods dipped in September as a Key category that tracks business investment fell by the largest amount in 7 months. Orders for durable goods edged down 0.1% in September after gains of 0.3% in August and 3.6% in […]

Hillary Clinton’s Tax Plan Will Destroy US Jobs Market

Hillary Clinton’s Tax Plan Will Destroy US Jobs Market

Hillary Clinton’s Tax Plan Will Destroy US Jobs Market Hillary Clinton’s proposed tax increases on people with high incomes and on businesses would constrain economic growth, leading to lower wages and about 697,000 fewer jobs, according to a right-leaning policy group’s analysis. The Democratic presidential nominee’s tax plan, which includes proposals to raise taxes on […]

US Manufacturing Output Disapointed in August

US Manufacturing Output Disapointed in August

US Manufacturing Output Disapointed in August $DIA, $SPY, $QQQ, $VXX US factory production fell in August on cutbacks in appliances, home electronics and machinery. This threatens the market’s hopes for a manufacturing rebound after 2 prior months of gainers. The US Fed said Thursday factory production dropped 0.4% in August, after an increase of 0.4% […]

Jeffrey Gundlach, “This is a Big, Big Moment”

Jeffrey Gundlach, “This is a Big, Big Moment”

Jeffrey Gundlach, “This is a Big, Big Moment” Last Thursday DoubleLine Capital’s CIO Jeffrey Gundlach, 56 anni, said it is time for fixed-income investors to prepare for rising interest rates and higher inflation by reducing their positions, moving money into cash and protecting against volatility. “This is a Big, Big Moment,” Mr. Gundlach said during […]

Donald Trump, “Hillary Clinton is trigger-happy and very unstable,”

Donald Trump, “Hillary Clinton is trigger-happy and very unstable,”

Donald Trump, “Hillary Clinton is trigger-happy and very unstable,” Republican Donald Trump vowed to boost military spending by 10’s of billions of dollars, outlining plans Wednesday for major increases in the number of active troops, Navy ships and submarines, and fighter planes as he works to convince skeptics in both parties he is ready to lead […]

Queensland’s Mineral Exploration Spending Dives

Queensland’s Mineral Exploration Spending Dives

Queensland’s Mineral Exploration Spending Dives The latest exploration statistics from the Australian Bureau of Statistics simply confirm that exploration in Queensland is “on its knees”. For the 4th year running, the annual spending on exploration for minerals in Queensland has declined. Just 4 years ago, Queensland was investing almost AU$250-M each Quarter in mineral exploration. […]

Huge National Debt “Blunts” Prospect for US Economic Growth

Huge National Debt “Blunts” Prospect for US Economic Growth

Huge National Debt “Blunts” Prospect for US Economic Growth $DIA, $SPY, $QQQ, $VXX “Be warned, The steady stream of federal red ink is getting to be a deeper shade of Red.”– Barron’s As increases in annual US budget gap add to national debt, blunt prospects for economic growth, and bode badly for America’s financial future. […]

The US Government’s Economic Growth Numbers are Wrong

The US Government’s Economic Growth Numbers are Wrong

The US Government’s Economic Growth Numbers are Wrong Harvard Economist Martin Feldstein warned Friday that the US government’s measure of economic growth is always wrong, regardless of the official number. The US economy grew less than previously reported last Quarter on lower government outlays and a bigger depletion of inventories, capping a sluggish 1-H performance […]

The US Consumer Pauses, Spending Halts, Economy Stalls

The US Consumer Pauses, Spending Halts, Economy Stalls

The US Consumer Pauses, Spending Halts, Economy Stalls $DIA, $SPY, $QQQ, $VXX “The consumer paused in July and with price pressures soft, the Fed members will probably gain a few more grey hairs.” — Joel Naroff, Economist The Consumer Data: July Retail Sales and Wholesale Prices Sales: 0%; Excluding Vehicles: -0.3%/ PPI: -0.4% Excluding Food […]

US Manufacturing Pressured By Strong USD Fell in June

US Manufacturing Pressured By Strong USD Fell in June

US Manufacturing Pressured By Strong USD Fell in June $DIA, $SPY, $QQQ, $VXX New orders for US factory goods fell for a 2nd month running in June on weak demand for transportation equipment and capital goods The US Commerce Department said  Thursday that new orders for manufactured goods declined 1.5% after a Southwardly revised 1.2% […]

US Demand for Autos Fall in July

US Demand for Autos Fall in July

US Demand for Autos Fall in July $GM, $F, $HMC, $TM, $VLKAY US auto sales drop in July as hot weather and softening demand kept buyers at home. Major automakers have reported July sales that fell short of expectations, which has reinforced worries that the market may have peaked with last year’s record numbers. Kelley Blue […]

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 […]

American Companies Sitting on a $1.45-T+ “Cash Pile”

American Companies Sitting on a $1.45-T+ “Cash Pile”

American Companies Sitting on a $1.45-T+ “Cash Pile” $AAPL, $AMZN, $GOOGL, $MSFT, $INTC Corporate cash is at record high marks as increased debt is offsetting net operating cash outflows. America’s largest corporations are sitting on a historically large amount of Green Money these days. Cash and short-term investments on the S&P 500 sector companies’ balance […]

China, International Investors Confident about Economic Transformation

China, International Investors Confident about Economic Transformation

China, International Investors Confident about Economic Transformation The Fourth Industrial Revolution is driven by the increasing use of digital technologies and highly intelligent robots in the leading world economies. International investors are confident about China’s economic transformation, believing it can bring them good opportunities. Speaking on the sidelines of the ongoing World Economic Forum in […]