President Trump, “Oil Prices are too high, Not good” $USO, $OIL, $UGA “An SPR release would have a psych impact on the market. It may not translate into lower gasoline prices, but it would immediately bring down Crude Oil prices until the market adjusts” The Trump Administration is considering tapping into the nation’s emergency supply […]
Moody’s Rates US Credit “Top Notch” at Aaa $DIA, $SPY, $QQQ, $VXX This week Moody’s said that it has maintained the United States’ top-notch “Aaa” credit rating, saying the country’s “exceptional” economic strength would counterbalance lower fiscal strength. The ratings agency also kept its stable outlook on the United States and said it expects Washington to resolve […]
The Big Q: How Effective is AEB? AAA together with the Automobile Club of Southern California’s Automotive Research Center recently tested 5 vehicles with AEB (automatic emergency breaking). They were sorted into 2 categories: systems designed to reduce impact, and those meant to prevent collisions altogether. The 5 vehicles, all model Y 2016, underwent a […]
The AAA Position: Marijuana’s Effect on Driving This election year, voters in five states will decide whether to legalize recreational marijuana use. Among them are California with Proposition 64 and Maine with Question 1. Any states that do will join the four others where the drug is already legal for recreational use. The AAA Foundation […]
Pet Healthcare is Costly, and Rising The American Pet Products Association estimates that US pet expenditures hit $60.59-B last year, up from $58.04-B in Y 2014. A substantial portion of those costs are for Vet care ($15.73-B) and medicine ($14.39-B). That breaks down to an average of $235 on routine Vet visits for dog owners […]
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 […]