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 […]






IMF Downgrades US Economic Forecast

IMF Downgrades US Economic Forecast






IMF Downgrades US Economic Forecast The International Monetary Fund  (IMF) downgraded its forecast for the US economy this year and said America should raise the minimum wage to help the poor, offer paid maternity leave to encourage more women to work and overhaul the corporate tax system to boost productivity. In its annual checkup of […]






Unlike US Consumers, China’s Consumer Plan More Spending

Unlike US Consumers, China’s Consumer Plan More Spending






Unlike US Consumers, China’s Consumer Plan More Spending Most Chinese consumers will continue to spend in Y 2016 despite slowing economic growth and market volatility, according to research by Boston Consulting Group (BCG). About 75% of Chinese consumers plan to maintain or increase their spending this year, down from 81% in Y 2015, according to […]






80% of Professionals Will Leave GCC if Income Tax Introduced

80% of Professionals Will Leave GCC if Income Tax Introduced






80% of Professionals Will Leave GCC if Income Tax Introduced VAT in the UAE will bring higher inflation, society of finance professionals says An overwhelming majority of finance professionals would leave the Gulf Cooperation Council (GCC) if income tax was implemented, research has revealed. In a study by CFA Society Emirates, 80% of the respondents said that […]






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 […]






US Consumer Spending, Residential Investment Driving a Weak Economy

US Consumer Spending, Residential Investment Driving a Weak Economy






US Consumer Spending, Residential Investment Driving a Weak Economy $DIA, $SPY, $QQQ, $VXX The demand side of the US GDP accounts shows that the nations economic engine has 6 cylinders, they are: consumer spending residential investment capital spending inventories net exports government spending. In recent Quarters, it seems like most of the US economy’s power […]






The Week Ahead on Wall Street

The Week Ahead on Wall Street






The Week Ahead on Wall Street $MDT, $KORS, $AVGO The US financial markets were closed Monday for Memorial Day. This week only 3 members of the S&P 500 will report Q-1 earnings to Wall Street as this season is winding down, they are: Medtronic (NYSE:MDT) Tuesday, Michael Kors Holdings (NYSE:KORS) Wednesday and Broadcom (NASDAQ:AVGO) on Thursday. Economic Reports […]






Philippines Seeing Strong Domestic Demand

Philippines Seeing Strong Domestic Demand






Philippines Seeing Strong Domestic Demand Continued demand for capital and consumer goods drove imports growth of 11.7% in March this year, the National Economic and Development Authority (NEDA) said this week. The agency reported that imports reached US$6.4-B from 5.7-B in the same frame last year. “This is on account of higher purchases of capital […]






Ominous Business Indicator, Machinery Orders Soft

Ominous Business Indicator, Machinery Orders Soft






Ominous Business Indicator, Machinery Orders Soft $DIA, $SPY, $QQQ, $VXX US business spending intentions weakened in April for a 3rd month running on soft demand for machinery, but a surge in contracts to purchase previously owned homes to a 10-year high supported views economic growth was gaining speed. The growth picture was further boosted by […]






China to Triple Spending on Tourism

China to Triple Spending on Tourism






China to Triple Spending on Tourism China’s spending in the tourism sector is likely to 3X by Y 2020, to RMB 3-T (US$460-B). China invested more than RMB 1-T in the tourism sector last year, an increase of 42% from one year earlier, Li Jinzao, head of China National Tourism Administration, said at the ongoing […]






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 […]






FOMC Keeps Threat of Interest Rate Hike “In the Mix”

FOMC Keeps Threat of Interest Rate Hike “In the Mix”






FOMC Keeps Threat of Interest Rate Hike “In the Mix” $DIA, $SPY, $QQQ, $VXX Wednesday afternoon, the US Fed kept interest rates unchanged, and indicated their confidence in the anemic US economy, thus keeping the door open to a hike in June. The FOMC said the labor market had improved despite a recent economic slowdown […]