$USD, $EUR, $JPY, $CNY International Monetary Fund (IMF) said Wednesday the USD is overvalued by 6% to 12%, based on near-term economic fundamentals, while the EUR, the JPY, and China’s RMB Yuan were seen as broadly in line with fundamentals. The IMF has been at odds with President Trump over his use of tariffs to […]
US consumer debt increased by the most in 5 months in April and topped estimates, suggesting more upbeat sentiment among Americans is supporting borrowing and spending. Total credit expanded $17.5-B from the prior month following an upwardly revised $11-B gain in March, Federal Reserve figures showed Friday. Revolving debt outstanding increased the most since November while non-revolving […]
US consumer confidence rose in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite signs that activity was slowing after being temporarily boosted by exports and a build-up of inventories. The surge in confidence reported by the Conference Board on Tuesday came despite an escalation in tensions in […]
$TSLA For years in this column we have called Tesla’s valuation out as fake, and finally the T-Bulls have relented and thrown in their towels(NASDAQ:TSLA) There is a “crisis of confidence” in the company, said Yahoo Finance senior columnist Rick Newman on The First Trade. When asked if Tesla’s stock could nosedive to 125 a share from about […]
FLASH: Americans’ confidence in the job market in May hit the highest level in Gallup’s records, which date back to Y 2001. A recent Gallup poll found the following: Overall views of the economy remain positive. Over 7 in 10 Americans feel positively about the US job market. Employment optimism among workforce is highest since 2000. […]
US consumer sentiment spiked to the strongest marks since Y 2004 on a surge in economic expectations following an unexpectedly strong report on first quarter growth. The University of Michigan’s preliminary sentiment index rose to 102.4 in May, topping all estimates in a survey of economists who had projected the gauge would hold at 97.2. 5 years […]
$SPY, $RUTX, $DJIA, $QQQ, $VXX Last Wednesday, the US stock market reversed to the Southside in reaction to comments made during Fed Chairman Powell’s afternoon PC. After the sharp April gainers, many traders were looking for a reason to trade the Southside of the market. But, the selling did not last long, as the S&P […]
FLASH: The Trump Policies are working US consumer confidence was up in April as Americans felt more optimistic about present and future economic conditions, underscoring how a tight labor market and higher wages are underpinning attitudes amid some uncertainty. The Conference Board’s index climbed to 129.2, according to data from the New York-based group Tuesday that topped […]
American consumers were feeling less confident this month amid continued volatility in the financial markets. The Conference Board, a business research group, says its consumer confidence index fell to 124.1 in March from 131.4 in February. The index, covering through 14 March measures consumers’ assessment of current economic conditions and their expectations for the next 6 months. […]
FLASH: US consumer sentiment rose by more than expected as optimism picked up for incomes and the economy, suggesting support for growth in coming months. The University of Michigan’s (MSI) preliminary March sentiment index advanced to 97.8, the highest this year, compared with the median forecast of 95.6 in a Bloomberg survey of economists, according to […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Small businesses see bright future ahead Most S&P 500 sectors finish with gains Softening Consumer Price Index for February reinforced notion Fed will be patient US Treasury yields even lower Optimism among small companies in the US improved in February, snapping a 5-month losing streak that was the longest […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Next Fed rate hike several FMOC meetings ahead With inflation muted, but other risks to the US economy on the rise, the Fed’s patience on policy is nowhere close to running out, with 1 previously Kawkish central banker Tuesday signaling he could wait until at least June before touching […]
As Market Leadership Rotates, Money Manager Speak Out $DIA, $SPY, $QQQ Following are the views of 7 money managers and strategists on what could conceivably put a brake on the selling in this market. This view is held by almost everyone: that a softening in Fed’s hawkish rhetoric and President Trump’s trade dispute talk would […]
Goldman Sachs “cheated” Malaysia, leader Mahathir Mohamad said, after two former bankers from the Wall Street titan were charged over a scandal that allegedly saw billions looted from state coffers. The US Justice Department unveiled criminal charges this month against ex-Goldman bankers Tim Leissner and Ng Chong Hwa, accusing them of working with a Malaysian […]
Chinese Investors Sentiment is Very Weak, Conditions Abroad Have Little Influence $ALMMF, $CHL, $PTR Market sentiment is very weak. President Xi’s government is struggling to dispel such gloom and talk stock prices back up with promises of tax cuts, more bank lending and a media campaign. The benchmark Shanghai Composite Index sank 30% from January […]
National Mandate for a Big GOP Victory in November, Brings Overseas Investors to US $DIA, $SPY, $QQQ, $RUTX, $VXX The 2018 midterm elections only 17 days away, + the political and earnings seasons are in full swing with the S&P 500 numbers coming in higher that expected with 20% of the member reported. The Big […]
“Enormous Confidence” Driving US Economic Growth “President Trump is a growth guy and he has launched a boom that nobody thought possible.” The National Economic Council Director Larry Kudlow says “enormous confidence” just one of the many factors driving robust economic growth, which he does not expect to stop anytime soon. “I’ll start with the […]
The Trump Economy: Consumer Confidence Rises 18-Year High US consumer confidence rose to an 18-year high in September as households grew more upbeat about the labor market, pointing to sustained strength in the economy despite an increasingly bitter trade dispute between the US and China. While other data Tuesday showed a moderation in house price […]
MAGA Effect:Household Income Spikes US median household income is at all-time highs US median household income has risen more than 4% since President Donald Trump took office on the overall strong economic growth and robust optimism. Inflation-adjusted median household incomes in July hit $62,450, according to the latest release from Sentier Research. “That’s the highest level […]
US Consumers Financial Stress Falls to All-Time Low on Rising Incomes August Consumer Confidence (actual 133.4, consensus 126.5, prior 127.9) Note: August marks the 2nd time this year that financial stress levels have reached an all-time low, with the previous instance occurring in May, when the Index dropped to 49.9. Further, our stress indicator has […]
Bulls Own the Post July 4th Stock Market Action $DIA, $SPY, $QQQ, $RUTX, $VXX A casualties of the tariff dust up has been the power of corporate profits to energize stocks. Now another earnings season is here, and we are still hearing from pundits that investors obsessing over trade. It has been The Story of […]
US Consumer Comfort on Highs $DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 retests its 50-Day Moving Average at 2717 Americans’ sentiment improved to the best mark in 2 months on brighter views of the economy and personal finances, the Consumer Comfort Index reveled Thursday. Highlights of Consumer Comfort for the Week Ended 24 June 2018 […]
US Consumer Expectations are Still Running High $DIA, $SPY, $QQQ, $RUTX, $VXX About 2/3rds of Americans see the US economy as Good to Great. Monday night President Trump’s top trade adviser Peter Navarro said the White House is not planning to restrict foreign investment as part of its trade actions against China or any other country. […]
US ‘Consumers in Very Good Shape’ Under Strong Trump Economy $BRK.A, $JPM Warren Buffett and Jamie Dimon cited a long list of factors for investors to remain optimistic about the US economy. “Right now, there’s no question: It’s feeling strong. I mean, if we’re in the sixth inning, we have our sluggers coming to bat […]
US Stocks Finish Flat to Unchanged Ahead of Memorial Day Weekend $DIA, $SPY, $QQQ, $VXX US consumer sentiment according to a University of Michigan (MSI) report Friday. Consumers anticipated income gains of 1.6%, down from 2.2% in April and 2% last year 51% expected the jobless rate to stabilize at current 18-year lows Inflation rate […]
Want to be Successful? Get Involved! “Decide where the path may be headed, prepare, then breathe and respond each step along the Path.” –Paul Ebeling Expand your vision of yourself, when you do you will realize you have to make adjustments. You have stop wasting money to save more, and invest in the future. The […]
JOLTS Spike, Wage Growth and Inflation Ahead $DIA, $SPY, $QQQ, $VXX US job openings aka JOLTS rose to a record high in March, suggesting that a recent slowdown in hiring was probably the result of employers having difficulties finding qualified workers. The monthly Job Openings and Labor Turnover Survey, or JOLTS, released by the Labor Department […]
Assets that Will Suffer on the Return to the Normal Interest Rate Regime $SPY, $GLD, $SLV, $BAC While Treasuries faded a bit after 10-year yields tapped at the 3% mark last week for the 1st time in 4 years, expectations are mounting that higher rates will soon be normal again, that rate historically is 5.0% […]
US Families Home-buying Plans Hit Record, Consumer Confidence Jumps Consumer confidence rose in April to the 2nd-highest mark since Y 2000 as Americans grew more upbeat about both current conditions and the economic outlook, according to figures Tuesday from the New York-based Conference Board. Highlights of April Consumer Confidence Report Confidence index rose to 128.7 (est. 126) from 127 […]
US Consumer Confidence is at 17 Year Highs $DIA, $SPY, $QQQ, $VXX US Consumer Confidence jumped to a 17-year high as optimism about employment prospects grew and Americans began seeing additional money in their paychecks from recently enacted Trump tax cuts, data from the New York-based Conference Board showed Tuesday. Highlights of Consumer Confidence (February) […]
Highly Successful People Remove Catalysts for Failure There are 2 Key mental shifts that occur in the lives of all highly successful people. Many make the 1st, not all make the 2nd. Both shifts require mental stretching from conventional and societal ways of thinking, these shifts require people to unlearn the negative programming from their […]
Become a ‘Master’ Get Happy and Make Money Let’s get started: If you do not have an an active passion, do not worry, Become really good at something, Generously use your skills to help the right people, then You will succeed. In his book, So Good They Can’t Ignore You, Cal Newport dispels the myth dubbed […]
America’s Confident Consumers Post Record Breaking Holiday Spending $AMZN, $M, $MA, $TGT, $FDX, $UPS The US Holiday shopping season is on track to break sales records on the back of rising consumer confidence presenting an unexpected “boom” for retailers and the delivery companies they rely on. The Christmas Holiday shopping season, a Key period for […]
US Consumer Confidence Up in Blue Counties Since Trump’s Victory Surveys that question respondents about their political affiliation have generally shown that consumer confidence among Republicans has soared since the US elections in November 2016, whereas Democrats have lagged. When the data are broken down by which way a county voted it is the Democratic […]
Americans’ Economic Confidence Is Strong $DIA, $SPY, $BA Americans’ confidence in the economy remains strong heading into the final weeks of the Christmas Holiday shopping season. Gallup’s U.S. Economic Confidence Index registered +7 last week, similar to the prior week’s score of +9 and close to this year’s average of +6. Americans’ low expectations for how the […]
Equity Investors in ‘Risk On’ Mode for Fear of Missing Out $DIA, $SPY, $QQQ, $VXX Wall Street’s fear of missing out on this extending Trump Rally is “trumping” all if any political risk in Washington, DC. The countdown on the GOP’s efforts to cut corporate taxes has virtually ended, its a deal, now the risk […]
US Consumer Confidence Climbs to 17-Year Highs Holiday shopping started strong and the data suggest that will continue. US Consumer Confidence marked a 17-year high in November, with optimism ticking higher for the 5th month running, according to a monthly survey released Tuesday. Consumers’ outlook about jobs and the business environment edged upwards, adding to […]
US Stock Indexes Post Record Highs, Tech and Energy Outperform $DIA, $SPY, $QQQ, $VXX On this sleepy Friday The Trump Rally extended, as stocks set more records in post-Holiday trading as technology companies outperformed, and Energy companies rose with the price of Crude Oil. The Standard & Poor’s 500 index rose 5.34 points, or 0.2%, to […]
Economic-Confidence Index at Near 9-Year Highs America First! Americans’ confidence in the economy remained steady last week, holding at the highest level since mid-August and one of the highest levels in the past nine years. Gallup’s US Economic Confidence Index averaged +7 for the week ending 12 November. Amid a booming stock market and a falling unemployment […]
US Consumer Confidence at 17 Year Highs $DIA, $SPY, $QQQ, $VXX US consumer confidence rose more than expected in October to the highest mark since Y 2000, as Americans grew more confident about the economy and job market, according to figures Tuesday from the New York-based Conference Board. Highlights of Consumer Confidence (October) Confidence index rose to […]
CIA Director Pompeo May Replace Secretary of State Rex Tillerson The word in DC is that US President Donald Trump is considering current CIA Director Mike Pompeo as a replacement for Secretary of State Rex Tillerson, whose relationship with our President is said to be “broken beyond repair.” According to the “insiders” the last straw […]
Key Stock Market Indicators are Still Bullish $DIA, $SPY, $QQQ, $VXX The last 3 weeks this Bull market has be consolidating and base building for the next leg North extending The Trump Rally. Last week at appeared that The Bull turned got a bit anxious as Irma threatened Florida after Harvey swamped the Texas Gulf […]
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 […]
A 5 to 10% Pullback in the Market will be Bullish And Low Inflation in the US is Like a Tax Cut for the Economy Economist Larry Kudlow, a former adviser to President Ronald Reagan, said he is Bullish stocks because profits are rising, inflation is low and consumer confidence is high. “I’m very Bullish […]
Business Leaders in Asia Optimistic but Cautious YPO, the premier chief executive leadership organisation in the world, reported today that confidence among business leaders in Asia rose in the first quarter of 2017 (Q1 2017), reaching a two-year high. The YPO Global Pulse Confidence Index for Asia increased for the second consecutive quarter, gaining 2.1 […]
Economic Confidence Among Middle-Market Companies at Record Highs The Government’s War Against Business is Over Confidence in the US economy among middle-market companies has reached a new high in early Y 2017, the National Center for the Middle Market at Ohio State University said. With 9 of 10 middle-market leaders indicating a positive perception of the […]
Trump Effect: US Consumer Optimism Strongest Since November 2000 $DIA, $SPY, $QQQ, $VXX Consumer sentiment climbed in early April to 3-month highs as consumer optimism on current economic conditions under President Donald Trump rose to its strongest marks since November 2000. The University of Michigan Surveys of Consumers (MSI) said its preliminary April consumer sentiment […]
“Change the way You Look at Things, and the Things You Look at change” “When you change the way you look at things, the things you look at change.”— Max Planck, German quantum theorist and Nobel Prize winner “Your network is your net worth” There are 2 primary mental shifts that occur in the lives […]
The Trump Effect: US Consumer Confidence Highest in 16 Years US consumer confidence rose to its highest mark in more than 16 years, a strong gain for one of President Donald Trump’s preferred economic indicators. The Conference Board said Tuesday that its consumer confidence index rose to 125.6 in March from 116.1 in February, the […]
Consumer Confidence (MSI) Up in March, Americans More Satisfied $DIA, $SPY, $QQQ, $VXX US Consumer Confidence up in March as Americans were more satisfied than any time in 16 years with the current state of their finances and the economy. The University of Michigan (MSI) said Friday that its preliminary index of sentiment increased to […]
“American Spirit” Ignited, US Business & Consumer Confidence Running High $JPM, $GS Jamie Dimon, 60 anni, said President Trump’s economic agenda has ignited US business and consumer confidence and he expects at least some of the administration’s proposals to be enacted. “It seems like he’s woken up the animal spirits,” Mr. Dimon, Chairman and CEO […]
US Consumer Confidence Rises to Highest Since July 2001 Consumer confidence rose in February to the highest level since July 2001, according to a report Tuesday from the New York-based Conference Board. The group’s gauge rose to 114.8, from 111.6 in January. The median forecast in a media survey of economists called for a fall […]
Unprecedented Trump Stock Market Rally Signals Confidence & Optimism $SPY, $BA Friday, the US major stock market indexes finished a run of 7 straight session highs and the S&P 500 was up for the 4th week running in the unprecedented post-Presidential election US stock market rally. The latest stock market highs show a “great level of […]
Economic Confidence Index Hit New Highs With President Trump $DIA, $GLD Americans’ confidence in the US economy rose to record highs at the time President Donald Trump officially entered the White House, as optimism was higher in January than in any other month since Y 2008. Gallup’s US Economic Confidence Index averaged plus+11, the highest […]
Majority of Americans Back President Trump’s Muslim Travel Ban 51% Americans support President Donald Trump’s travel ban, an IBD/TIPP poll reveals. Overall, American’s believe President Donald Trump ‘Means Business” Here are the poll highlights, as follows: 51% support his executive order to temporarily block those from seven countries from entering the US, compared to 48% […]
Gallup: US Economic Confidence Highest in 9 Years $DIA, $SPY, $QQQ, $VXX The election of Donald Trump as President not only helped the stock market to reach record highs, but also has lifted Americans’ confidence in the economy. Tuesday, The Trump Rally extended with the S&P 500 and NAS Com at record highs. Gallup’s US […]
The Trump Effect: CEO Confidence Rebounds Sharply The Conference Board Measure of CEO Confidence™, which had declined slightly in the third quarter of 2016, increased sharply in the fourth quarter. The Measure now reads 65, up from 50 in the third quarter of 2016 (a reading of more than 50 points reflects more positive than […]
US Consumer Confidence Running High Consumer Confidence rose more than forecast this month as Americans expressed the Sunniest picture of their financial situation in 11 years, extending a boost following Donald Trump’s election victory. The University of Michigan (MSI) said Friday that its preliminary index of sentiment rose to 98, the highest since January 2015, […]
US Consumer Confidence Spikes to Highest Mark in Decade $DIA, $SPY, $QQQ, $VXX US consumer confidence rebounded this month to the highest mark in more than 9 years. The Conference Board said Tuesday that its consumer confidence index registered 107.1 in November, up from 100.8 last month and highest since July 2007. Americans’ assessment of […]
Confidence Has Returned To Investors in Wake of Trump’s Election $SPY, $DIA, $UBS Just 2 weeks before the US Presidential election, 50% of wealthy investors were fearful of turmoil in the stock markets. Many either pulled some of their money out or moved it into more conservative investments, according to a survey by UBS Wealth […]
Gloom on Wall Street, Lower Crude Oil Prices Hit Stocks Globally $DIA, $SPY, $QQQ, $VXX Global stock markets fell Wednesday after some disappointing earnings reports and as a drop in Crude Oil prices dragged down shares in energy companies. The FTSE 100 of Britain dropped 1% to 6,949 while Germany’s DAX fell 1% as well, […]
The Week Ahead on Wall Street $V, $AAPL, $CAT, $BA, $KO, $XOM This week Q-3 earnings season hits full stride, with 178 members of the S&P 500 reporting to Wall Street. Included in this group are 12 DJIA componenets: Monday: Visa (NYSE:V) Tuesday: 3M Co. (NYSE:MMM), Apple (NASDAQ:AAPL), Caterpillar (NYSE:CAT), DuPont De Nemours (NYSE:DD), Merck […]
Australia’s Economy Showing Resilience to Commodity Slump, Risk Lingers $MCO Australia’s economy is continuing to display resilience to commodity price declines, however external financing risks do linger, global ratings agency Moody’s Investor Services said Wednesday. Australia’s growth should continue to outpace its commodity exporting triple-A (stable) rated peers New Zealand, Canada and Norway over the […]
Muni Bond Yields & Barron’s Confidence Index $DIA, $GLD, $SLV Finally, after two months the stock market saw a little excitement last Friday; the Dow Jones Industrial Average (DJIA) almost broke below 18,000 at the close. Two “policy makers” said FOMC “policy” isn’t market driven; that they may actually increase their Fed Funds Rate: twice […]
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% […]
Dubai Business Conditions Improved in June The Emirate saw the fastest rise in new work since March 2015, according to the Emirates NBD index Dubai’s private sector posted stronger growth in June, mainly due to improving business conditions in the travel and tourism and wholesale and retail sectors, according to the monthly Emirates NBD index. […]
– June 16th, 2016 – 1 Year Ago, Donald Trump Started a Movement A year ago today, many of you joined me at Trump Tower in calling for real change in Washington, D.C. I am proud to say that with your support we are well on our way to Making America Great Again! Since the […]
Dark Clouds Ahead for the US Economy Friday, a grin, hang on ugly, May jobs report, in which virtually no jobs were created and the April/March reports revised downward has clouded the outlook for the fragile US economy. Last week the US Fed was poised to raise interest rates perhaps as soon as its June […]
Low Crude Oil Prices Changed GCC Spending Diversification is the Key element for GCC countries in the current climate In a global market where the price of Crude Oil per barrel has fallen more than 70% since June 2014, the sharp and prolonged drop in price has wiped $360-B off Gulf Cooperation Council (GCC) members’ […]
Obama Admin, Fed Laud Economic Growth, Consumers Disagree $DIA, $SPY, $QQQ, $VXX Consumer Confidence unexpectedly fell in May for a 2nd month as American consumers are less than enthusiastic about the current state of the economy, a report from the New York-based Conference Board showed Tuesday. The Conference Board’s Sentiment Index fell to 92.6 i […]
Abenomics Not Likely to Lift Japan Out of Sluggish Growth Statistics released Wednesday showed Japan recorded better-than-expected economic growth numbers in Q-1 of the year. However, economists said the real picture may not be as rosy as it looks to be based on preliminary statistics. The reform plans championed by Prime Minister Shinzo Abe, known […]
China’s Economy Seeing Stable Growth in 2016 Recent figures have shown that the Chinese economy has generally seen stable growth with deepening supply-side structural reforms, an official from the National Bureau of Statistics said Monday. Meanwhile, measures have been taken to expand total demand in the 1st 4 months of this year, contributing to economic […]
Monday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wall Street ended mixed last Friday and not far from the opening marks. The DJIA added 21 pts to finish at 18,003.75, the S&P 500 closed flat to unchanged at 2,091.58 and the NAS Comp lost 39 pts to end the day at 4,906.23. The DJIA held […]