Housing, Auto Demand Are Standouts in V-Shaped Recovery

Housing, Auto Demand Are Standouts in V-Shaped Recovery

#housing #automobiles #consumers #recovery $DIA $SPY $QQQ $RUTX $VXX Clearly, record low interest rates has helped revive the US markets for housing and autos standouts in the economy as it gains traction. Sales of new homes in June ran at their fastest pace in 13 yrs, leaving builders and the construction workers they employ with […]

US Factory Output Rebounds

US Factory Output Rebounds

$GM, $USO US factory production rebounded by more than forecast in November and rose excluding a surge in auto production following the end of the General Motors (NYSE:GM) strike, in a sign of stabilization in manufacturing. The 1.1% increase in manufacturing output, the biggest gain since early 2018, followed a 0.7% decrease in October, Federal Reserve […]

President Trump Not Considering Tariffs on Japanese Autos Now

President Trump Not Considering Tariffs on Japanese Autos Now

President Trump said the United States would not imminently impose new tariffs on autos imported from Japan as the largest and 3rd-largest economies continue negotiations to firm up a preliminary trade agreement. At a press conference during a G-7 Summit in Biarritz, France, President Trump was asked if he was still considering the levies, which […]

Factory Output Up More Than Estimated, Autos Advance

Factory Output Up More Than Estimated, Autos Advance

$F, $GM, $FCAU, $TM FLASH: America is open for business. US manufacturing output accelerated in June, climbing for the 2nd month running, thanks in large part to increased production of motor vehicles and parts. The Federal Reserve said Tuesday manufacturing production rose 0.4% last month, above the 0.2% expected by analysts in a poll. The June numbers […]

EU Cannot Not Rely on US Growth to Help

EU Cannot Not Rely on US Growth to Help

FLASH: President Trump’s top economic adviser offered sharp criticism of the European Central Bank’s (ECB) revival of stimulus measures to spur the EU’s economy. National Economic Council Director Larry Kudlow said that a ECB decision Thursday to extend a new round of cheap loans to the banking system wouldn’t be enough to fix the continent’s […]

America Leads, the Rest of the World Follows

America Leads, the Rest of the World Follows

America Leads, the Rest of the World Follows $DIA, $SPY, $QQQ, $RUTX, $VXX Saturday’s truce in the US-China trade dispute put investors in buy mode Monday, driving US stocks due North, extending the market’s gains on last week Key reversal confirmation. The broad rally followed huge US futures gains that triggered overseas markets as investors […]

The Trump Rally Extends, Autos, Airlines Advance

The Trump Rally Extends, Autos, Airlines Advance

The Trump Rally Extends, Autos, Airlines Advance $DIA, $SPY, $QQQ, $VXX US economy growing under US President Trump’s developing economic policies. The major US stock indexes posted record high closes Tuesday, helped by gains in airlines and as carmakers rose after strong September vehicle sales. Major automakers posted higher US new vehicle sales in September […]

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 […]