President Trump’s Mileage Standards to Shreds Hussein Obama’s Climate Regulations

President Trump’s Mileage Standards to Shreds Hussein Obama’s Climate Regulations

$GM $F $FCAU President Trump to relax ambitious Hussein Obama-era vehicle mileage standards and raise the ceiling on damaging fossil fuel emissions for years to come, gutting 1 of the United States’ single-biggest regulation for climate change. The Trump Administration is expected to release a final rule Tuesday on mileage standards through Y 2026, watering […]

US Stocks Up, Crude Oil Down

US Stocks Up, Crude Oil Down

$DIA $SPY $QQQ $RUTX $OIL $USO $VXX DJIA Jumps 700 as Crude Oil Falls Below $20 to 18-Yr Lows US stocks rose Monday as investors look for shares that have become cheap and can withstand the impact to the economy from efforts to stem the spread of the coronavirus. The S&P healthcare sector jumped 4.67% on the […]

Commentary: Paul Ebeling on Wall Street, World Vs Coronavirus

Commentary: Paul Ebeling on Wall Street, World Vs Coronavirus

$DIA $SPY $QQQ $RUTX $VXX $JPM Just in: JPMorgan (NYSE:JPM) says the stock market rout has probably past its worst now. Again, there is something really different about the COVIS-19 coronavirus and the world’s reaction to it, the reaction is unprecedented, and scary. The past 4 wks have seen huge responses not only from central […]

Gold: Conditions Setting Up for the Price to 2X

Gold: Conditions Setting Up for the Price to 2X

$XAU $GLD $USD Volatile stock markets and the outbreak of the coronavirus helped drive holdings in gold-backed ETFs to record highs in Y 2020. The buying is a clear indication of the prominent role of gold ETFs in investors’ portfolios, especially during periods of uncertainty and panic. Gold-backed ETFs saw $4.9-B of inflows in February, […]

The Coronavirus is Changing US Voters Opinions

The Coronavirus is Changing US Voters Opinions

The most important finding of this new national poll shows that the majority of voters support the President for his handling of the coronavirus national emergency at one of the most difficult times in American history The results of this just completed national survey of 1,000 likely voters (+/-3.1% at 95% C.I. taken 23-26 March), […]

President Trump’s Fed has Brought the Global Financial System Back from the Edge

President Trump’s Fed has Brought the Global Financial System Back from the Edge

$ICE $USD $BAC $WFC This week Fed Chairman Powell set out to offer a explanation for the complicated steps he is taking to relieve dire stresses in the global financial system. “Many places in the capital markets, which support borrowing by households and businesses. I am talking about mortgages and car loans and things like […]

Crunching the Numbers on Stocks that will Benefit as this Market Turns Due North

Crunching the Numbers on Stocks that will Benefit as this Market Turns Due North

$VNDA, $ACLS, $RDNT, $CNO, $PGNX, $PRDO, $CLF, $UCTT, $CF, $MOV If this uncertainty and volatility have you prudently sidelined in cash, know that all things eventually pass, and there are stocks are likely to run as the market reverses and recovers. A place to start is stocks that are very sensitive to changes in the […]

Massive Wartime Investment in Nation Approved in Senate, House to Follow

Massive Wartime Investment in Nation Approved in Senate, House to Follow

The Senate will vote on the $2-T package later Wednesday and the House of Representatives is expected to follow suit soon after. “This is a wartime level of investment into our nation,” Republican Senate Majority Leader Mitch McConnell said in a speech announcing the pact after days of negotiations between Republican and Democratic lawmakers, Treasury […]

President Trump Meets with Wall Street Investors on Reopening Economy

President Trump Meets with Wall Street Investors on Reopening Economy

$DIA, $SPY $QQQ $RUTX $VXX Tuesday morning, President Trump spoke to several billionaire hedge fund and private equity managers about reopening the US economy that over the past 4 wks ground to a halt due to the coronavirus outbreak. President Trump is re-evaluating whether or not to call for people to return to work as […]

Commentary: Paul Ebeling on Wall Street, the Financial World Vs the Coronavirus

Commentary: Paul Ebeling on Wall Street, the Financial World Vs the Coronavirus

$DIA $SPY $QQQ $RUTX $VXX There is something very different about the coronavirus and the world’s reaction to it. That reaction is unprecedented, and unnerving. The past 4 wks have seen huge responses from central banks which were confident in the global economic outlook and in no hurry to move on rates. Since then we […]

Coronavirus Shutdown is Not a Recession but an Investment in Survival

Coronavirus Shutdown is Not a Recession but an Investment in Survival

As the coronavirus sequesters millions of Americans and shuts down the US economy, it should be thought of as an investment in public health that lays the groundwork for a rapid rebound. That is the view of St. Louis Federal Reserve President James Bullard, who argues that a potential $2.5-T hit coming to the economy […]

President Trump Vows Federal Aid Until Economy Recovers From Coronavirus Attack

President Trump Vows Federal Aid Until Economy Recovers From Coronavirus Attack

$DIA $SPY $QQQ $RUTX $VXX “Once we get the economy back, it is gonna all come back to us very quickly.” Friday, President Trump vowed to keep pushing for more federal spending until the economy recovers from the coronavirus outbreak, and said Americans can expect “much more” than $1,000 checks from the government. At a […]

McConnell’s Family and Business Aid Legislation Taking Shape, No Democrat ‘Pork’ Tack Ons Allowed

McConnell’s Family and Business Aid Legislation Taking Shape, No Democrat ‘Pork’ Tack Ons Allowed

Thursday, Senate Majority Leader Mitch McConnell released a huge stimulus plan to prop up consumers, companies and local governments bending under the economic consequences of the world-wide coronavirus pandemic. A centerpiece of the package is tax rebates to individuals of $1,200 and $2,400 for married couples. Rebates are completely phased out for taxpayers with incomes exceeding […]

If You are Expecting President Trump to ‘Blow up’ Politically, You Will Be Disappointed

If You are Expecting President Trump to ‘Blow up’ Politically, You Will Be Disappointed

It is not impossible to evaluate the political impact of the coronavirus on President Trump’s election campaign. We can see from the Chinese experience that the incidence and impact of the disease is abating, luckily for President Xi. The Trump Administration will not let China off the hook on its dishonesty and negligence in exporting […]

Selling Widespread, Losses Were Pared into the Close

Selling Widespread, Losses Were Pared into the Close

$DIA $SPY $QQQ $RUTX, $USO, $XAU, $USD, $VXX Despite the coordinated stimulus packages announced by central banks and the massive stimulus plans laid out by Washington, confidence was lacking due to the growing outbreak of COVID-19 and the continued shutdown of the economy. Shortly before the close, the Senate passed the House bill that provides […]

Extraordinary Measures are Being Taken to Limit the Virus Spread

Extraordinary Measures are Being Taken to Limit the Virus Spread

$MSFT, $BRK.A, $BRK.B, Big Q: Do the globalists believe they can strip The People of their wealth? On 18-October-19, Johns Hopkins Center for Health Security, WEF & Gates Foundation sponsored a pandemic exercise in NY for the emergence of a new fictional viral illness; “coronavirus acute pulmonary syndrome” At the weekend Bill Gates resigned from […]

Congress Considering Cash ‘Handouts’ to American Households

Congress Considering Cash ‘Handouts’ to American Households

Cash handouts to all American households is gaining support in Congress as the best way to shore up an economy brought to a near-standstill by the coronavirus. Senator Tom Cotton (R:AK) said he is working on legislation that would provide cash stipends to American households. Several House Democrats back sending $1,000.00 checks as the best […]

The 1st Test of Our Economic Strength is a Man Made Virus

The 1st Test of Our Economic Strength is a Man Made Virus

$DIA $SPY $QQQ $RUTX $VXX This health emergency was dismissed at 1st as a fleeting risk to the US economy has turned into a full test of whether 20 yrs of planning, regulation and research has left the financial system resilient to a major shock and the Fed able to mount a rescue. Preparations for an […]

The Message from Goldman Sacks on the Impact of this Election Year Virus

The Message from Goldman Sacks on the Impact of this Election Year Virus

$GS $SPY $OIL $USO The Goldman Sachs investor call Sunday. The Key economic take aways are: 50% of Americans will contract the virus (150-M people) as it is very communicable.  This is on a par with Rhinovirus aka the common cold, of which there are about 200 strains and which the majority of Americans will […]

“Do Not Expect US Recession From Coronavirus”

“Do Not Expect US Recession From Coronavirus”

Treasury Secretary Steven Mnuchin said he does not expect the coronavirus tipping the US economy into recession, even though growth will slow. “Later in the year, obviously the economic activity will pick up as we confront this virus,” Secretary Mnuchin said Sunday on national television. Secretary Mnuchin spoke as many businesses in the US and […]

People are Asking, “What is going on in this Stock Market?”

People are Asking, “What is going on in this Stock Market?”

$DIA $SPY $QQQ $RUTX The Big Q: What is going on in this Stock Market? The Big A: A confluence of confusion aka lots of unknowns. I have been in the stock market since Y 1981, and like everyone else I know in this game, have not see this kind of action ever. What we […]

US Stocks Spike 9%+ on President Trump’s Plan to Bring the Country Together to Fight the Virus

US Stocks Spike 9%+ on President Trump’s Plan to Bring the Country Together to Fight the Virus

$DIA $SPY $QQQ $RUTX $VXX US stocks spiked 9%+ as President Trump joined reassured investors that he is stepping up efforts to protect the economy from the coronavirus fallout. All 3 major US stock market indexes rose 9%+, as President Trump declared a national emergency to help combat the virus and said the private sector […]

Time to Step Back, Focus on Investing Not Day to Day Speculation, Do Not Sell American Markets Short

Time to Step Back, Focus on Investing Not Day to Day Speculation, Do Not Sell American Markets Short

$DIA $SPY $QQQ $RUTX $VXX Investing like a savvy investor during a Bear market often yields better returns, but it means avoiding emotional-driven decisions. The benchmark that Wall Street uses to determine a Bear market is when the stock market takes a 20 – 22% decline. But following the strategies of millionaires or successful hedge funds […]

President Trump Vows ‘major’ Steps to Aid US Economy

President Trump Vows ‘major’ Steps to Aid US Economy

Monday, President Trump said he will be taking “major” steps to gird the economy against the impact of a spreading coronavirus outbreak and will discuss a payroll tax cut with congressional Republicans Tuesday. “We will be discussing a possible payroll tax cut or relief, substantial relief, very substantial relief, that’s a big number,” he told […]

The Economy Will Roar Back to Life…

The Economy Will Roar Back to Life…

The coronavirus has caused a “short-term pause” in President Trump’s economic growth, but once the crisis subsides, the economy will “roar back to life,” economist Stephen Moore predicts. “I just see this as a real short-term pause in the growth that Trump has created.” Once we get this thing contained the economy will roar back […]

“Really Good News” Jobs!

“Really Good News” Jobs!

With a Quarter Million New Jobs Added In February, the US Has Topped What Experts Predicted for All Of 2020 in Only 2 Months The nearly 550,000 jobs added in January and February alone topped what the Congressional Budget Office predicted for all of Y 2020 . The 273,000 jobs added in February brought the total number of jobs […]

Atlanta Fed Raises GDP Estimate to 3.1% + The World Markets and Commodities Wrap

Atlanta Fed Raises GDP Estimate to 3.1% + The World Markets and Commodities Wrap

$DIA $SPY $QQQ $RUTX $XAU, $XAG, $CU, $OIL, $USO, $VXX FLASH: The S&P 500 staged a 70-pt rally during the final hr of trade, which led to a significant improvement in final sector standings, though all 11 sectors finished in the Red. The US economy is likely growing at a 3.1% annualized rate in Q-1, […]

Expect Another Fed Rate Cut Soon…

Expect Another Fed Rate Cut Soon…

$USD $GLD $XAU …the USD will weaken, gold will strengthen, short-term interest rates to Zero. Investment guru Jeffrey Gundlach says that he believes the Fed panicked in cutting interest rates earlier this week. “When I say panicked, it does not mean it is not justified. Sometimes panic is justified,” the Bond King said. The Bond […]

Atlanta Fed Lifts Q-1 GDP Estimate to 2.7%

Atlanta Fed Lifts Q-1 GDP Estimate to 2.7%

$DIA $SPY $QQQ $RUTX $VXX DJIA +1293.96 at 26703.29, NAS Comp +384.80 at 8952.17, S&P 500 +136.01 at 3090.23 The major averages spiked Monday with the S&P 500 recording its 1st gainer since 19 February. The US economy is likely growing at a 2.7% annualized rate in Q-1, based on the latest economic data, the Atlanta Federal Reserve’s GDPNow forecast model showed Monday. […]

Investors Started “Scooping Up” Shares Friday

Investors Started “Scooping Up” Shares Friday

$QQQ, $SPY, $QQQ, $RUTX White House economic adviser Larry Kudlow urged investors to stay calm and said the stock-market selloff is overblown. The veteran financial guru and former Ronald Reagan adviser suggested Americans take the opportunity to “scoop up” shares which he hinted are at bargain prices. The white candle on the tech chart Friday, may […]

President Trump Will Stimulate the Economy to Mitigate the Virus Outbreak

President Trump Will Stimulate the Economy to Mitigate the Virus Outbreak

The Trump Administration to take targeted steps to stimulate the US economy due to the coronavirus outbreak that is likely to temporarily drag down some sectors, the White House said Friday and advised long term investors not to panic. Friday, President Trump signed an $8.3-B measure to help tackle the coronavirus outbreak that has killed […]

Fed’s Powell: “Economy Is Fine but Fed Ready to Act as Needed”

Fed’s Powell: “Economy Is Fine but Fed Ready to Act as Needed”

$DIA $SPY $QQQ $RUTX $VXX Friday, Fed Chairman Powell said he will “act as appropriate” to support the economy in the face of risks posed by the coronavirus outbreak, though he said the economy remains in solid condition. “The fundamentals of the US economy remain strong,” Chairman Powell said in a statement released amid an ongoing […]

Market Looks Like it is Trading with a Recession in Mind, Though the Economy is Strong

Market Looks Like it is Trading with a Recession in Mind, Though the Economy is Strong

$DIA $SPY $QQQ $RUTX $VXX The US economy grew moderately in Q-4, the government confirmed, and may be facing a rocky road in early Y 2020 on the notion that coronavirus will hobble it, and bring on a recession. The economy grew by an unrevised 2.3% in Y 2019, the slowest annual growth in 3 […]

“The Fed Must Cut Interest Rates Now”

“The Fed Must Cut Interest Rates Now”

$USD Monday, Financial markets upped bets that the Fed will be pressed to cut interest rates to cushion a feared hit to economic growth from the spread of the coronavirus. US interest rates futures rose to their highest marks since last Fall as evidence the virus was spreading further outside its original epicenter of China […]

Warren Buffett Will Not Be Selling Stocks in Here, Neither Will Any Savvy Investor

Warren Buffett Will Not Be Selling Stocks in Here, Neither Will Any Savvy Investor

$DIA $SPY $QQQ Monday, Warren Buffett, Chairman of Berkshire Hathaway Inc (NYSE:BRK.A, BRk.B)) , on Monday called the coronavirus outbreak “scary stuff” but said that it was no time to sell stocks despite the threat of a pandemic. In a TV interview Mr. Buffett said investors with a 10 – 20-yr time horizon and focused on companies’ earnings […]

“Deficit Not a Concern if Market Does Not React”

“Deficit Not a Concern if Market Does Not React”

$DIA $SPY $QQQ $RUTX $VXX “The growing national deficit is a ‘legitimate issue’, but our main focus now is in creating jobs,” White House trade adviser Peter Navarro said Friday.  “Until the bond market starts reacting negatively to that and we start seeing inflation, the deficit is not going to be a concern,” Mr, Navarro […]

US Economy Roars Because President Trump Shredded Hussein Obama Stagnation Policies

US Economy Roars Because President Trump Shredded  Hussein Obama Stagnation Policies

$DIA $SPY $QQQ $RUTX $VXX FLASH: The notion that Mr. Hussein Obama is responsible for today’s good economy is Bunk!. The US robust economy is the best it has been in more than 10 years, it is due entirely to President Trump’s policies which include shedding the former president’s policies. Fact: Had Mr. Hussein Obama […]

“Women are Thriving in Trump Economy”

“Women are Thriving in Trump Economy”

Rejecting the notion President Trump might struggle with the women’s vote in Y 2020, 1st daughter and senior adviser Ivanka Trump pointed to the administration’s gainers for women in the past 3 years. “Domestically, women are thriving like never before,” Ms. Trump said on TV. “Women are thriving in The Trump Economy and our track record, and the […]

Fed Chairman Powell, “There is no reason why the expansion cannot continue”

Fed Chairman Powell,  “There is no reason why the expansion cannot continue”

$DIA $SPY $QQQ $RUTX $VXX Tuesday, the Fed Chairman Powell told Congress that the US economy is in a good place. With risks like trade policy uncertainty receding and global growth stabilizing, “we find the US economy in a very good place, performing well,” Chairman Powell told the House of Representatives Financial Services Committee. The US economic expansion, now […]

“Blowout” Jobs Growth Reflects Very Strong Economy

“Blowout” Jobs Growth Reflects Very Strong Economy

$DIA $SPY $QQQ $RUTX $VXX Friday, White House adviser Larry Kudlow said the “blowout” jobs report was just the cherry on top of a very strong economic start to this New Year. Manufacturing, job growth and the stock market all boosted the economy in January, he said. “I think we’re in very strong territory right […]

Gold Price Seen at $2,000 Near Term

Gold Price Seen at $2,000 Near Term

$XAU $GLD $SPY $SPX The S&P 500 posted a record high Wednesday at +37.10, or 1.1% at 3334.69 The reverse side of market optimism was the correction of safe-havens such as JPY and Gold. The JPY declined against the Buck, lead USDJPY to its highs in a 1. wks near 109.50, showing a rebound from the 200-Day SMA. Gold dropped […]

“Smooth Sailing” on Blockbuster Economy

“Smooth Sailing” on Blockbuster Economy

$DIA $SPY $QQQ $RUTX $VXX S&P 500 and NAS Comp finish on new highs, virus concerns fade. Stephen Moore, the Heritage Foundation’s chief economist, said Wednesday that there is nothing negative to say about the US economy. The US economy has hit record-highs across the board, Mr. Moore told Wednesday’s “National Report.” “You got the lowest unemployment […]

Goldie Says Stocks Can Go Higher

Goldie Says Stocks Can Go Higher

$DIA, $SPY, $QQQ, $RUTX, $VXX Some on Wall Street see a sharp reversal hitting this year’s stock market rally now that fast-money quants have ramped up their speculative bets. But the real money has the potential to come in and lead even if these systematic players slow down. Tepid inflows into mutual funds and exchange-traded […]

This Bull Market Does Not Care About the Trump Impeachment Hoax/Drama

This Bull Market Does Not Care About the Trump Impeachment Hoax/Drama

President Trump’s answer to impeachment: The Economy The impeachment trial of President Donald Trump has started. But our financial markets do not care much about it. In part this is because the result is certain, President Trump is exonerated. Meanwhile, the President’s twitter feed has been very active on trade. This time it was French […]

2020: US Economic Growth to Top 3% This Year

2020: US Economic Growth to Top 3% This Year

$DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, White House Top economic advisor Larry Kudlow predicts that economic growth will surpass at least 3% this year. “I am looking for faster growth: I think we’re going to get 3% this year,” Mr. Kudlow said on TV. “The trade deals will help, the Fed changed policy — that was very, […]

Opioid Crisis: a Perfect Storm of Poverty, Trauma, Availability and Pain

Opioid Crisis: a Perfect Storm of Poverty, Trauma, Availability and Pain

In a January 2020 article in The Atlantic, “researchers … say opioid addiction looks like the result of a perfect storm of poverty, trauma, availability and pain.” Commenting on some of the research cited in that article, David Powell, senior economist at Rand, told The Atlantic that to produce the most lethal drug epidemic America has […]

Housing Upswing will Bolster Economy

Housing Upswing will Bolster Economy

$LEN, $TOL, $KBH A revitalized US housing market will help keep the economy moving along despite a potential threat posed by a derailment in corporate spending. Home construction outlays, which account for almost 4% of GDP increased for a 5th month running in November, marking a welcome departure from a yearlong slowdown. Buyers, their confidence […]

Fed’s Next Move, a Rate Cut?

Fed’s Next Move, a Rate Cut?

For now US monetary policy is in a holding pattern, but the Fed’s next move may be to cut interest rates given signs the economy may be weakening “The fact that job growth appears to be more muted and wage growth is slowing doesn’t tell me we are running out of workers, it tells me […]

See Stronger Economy, Higher Growth in This Election Year…Headed “Back to the 3% Growth Zone”

See Stronger Economy, Higher Growth in This Election Year…Headed “Back to the 3% Growth Zone”

$SPY White House economic adviser Larry Kudlow believes the US economy will continue to grow at a robust pace as the Y 2020 election season proceeds. “This continuing Bull market run indicates a lot of investor, consumer and business confidence, in my judgment,” Mr. Kudlow said. Early in Fridays session, the DJIA broke above 29,000 for […]

2020: USA, No Recession, Steady Economy, Low Inflation

2020: USA, No Recession, Steady Economy, Low Inflation

$DIA $SPY $QQQ $RUTX $VXX US stocks will continue to rise this year on very little chance of a recession, and low inflation driving steady economic growth, with real GDP growing around 2.0%, and inflation remains below 2.0%. That is our outlook for Y 2020. We do not see a recession in this year’s US […]

2020: Fed Last Month Saw a Declining Risk of Recession

2020: Fed Last Month Saw a Declining Risk of Recession

$DIA, $SPY, $QQQ, $RUTX, $VXX The Trump policies are working to Make and Keep America Great! The Fed’s FOMC policy making committee saw much less risk of recession at its most recent meeting last month, when it kept interest rates steady after 3 straight cuts and signaled that it expected to keep low rates unchanged […]

Wedbush’s Top Analysts Stock Picks for 2020

Wedbush’s Top Analysts Stock Picks for 2020

$AAPL, $MSFT, $VMW,$CYBR, $ZS, $PANW, $WORK After a strong Y 2019 for the broad markets in general, and the tech sector specifically, Y 2020 poses an interesting Question on what is next for this sector. Wedbush analysts believes that there is clear momentum for the tech stocks as a number of transformational trends such as […]

‘Trump Power’ Economy to Be Strong in 2020, Become Even More Powerful

‘Trump Power’ Economy to Be Strong in 2020, Become Even More Powerful

$DIA, $SPY, $QQQ, $RUTX, $VXX By almost every measure the US economy did well in Y 2019 though growth was slower than Y 2018. For next year, contrary to the consensus view from most economists, economic growth will accelerate. And growth could increase even more after Y 2020. President Trump has set the stage for […]

President Trump’s Economic Approval Hits Highest Mark in Year

President Trump’s Economic Approval Hits Highest Mark in Year

President Trump’s economic approval numbers surged back to their highest levels in a year despite impeachment proceedings, according to the CNBC All-America Economic Survey. The survey shows 49% of Americans approving of the president’s handling of the economy, up from 42% in September and the highest mark in a year. The poll of 800 Americans […]

The Beijing Report on the US-China Trade Dispute Resolution

The Beijing Report on the US-China Trade Dispute Resolution

Wider, deeper opening up to reshape China’s economic landscape Opening up has been among the major policy moves that underpinned China’s huge economic growth over the past decades, and even though protectionism is on the rise, the country has been steadily delivering its promise of opening its doors wider. At a Key economic conference earlier […]

President Trump’s Trade Deals are “Pro-Growth, Remove Uncertainty”

President Trump’s Trade Deals are “Pro-Growth, Remove Uncertainty”

Monday, white House economic adviser Larry Kudlow said trade deals with China, Canada, and Mexico will strengthen the economy, adding that exports will double with China under the P-1 of President Trump’s new agreement.  “These deals are both pro-growth and yeah, they do remove some uncertainty,” he said. “They also increase incentives to invest…I think […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX Am seeing earnings revival boosting stock rally in Y 2020 But 1st, this is what happened last week: The Federal Open Market Committee (FOMC) has held steady and is not going to raise rates in Y 2020. Chairman Powell is also open to bond purchases. The Consumer Price Index (CPI) […]

A Case for the Extension of This Bull Market

A Case for the Extension of This Bull Market

$SPY, $RUTX, $USD Last Christmas, the longest Bull market in our lifetime came within points of dying as the Fed raised interest rates. Some pundits say that every 3 years or so something pushes the Bull market to the brink of extinction, before a last-minute escape, that there is a record of support that underpins […]

US Household Net Worth Climbs to $113.8-T on Real Estate

US Household Net Worth Climbs to $113.8-T on Real Estate

Rising real estate prices helped drive US household wealth to $113.8-T in the July through October frame, a report by the Fed showed Thursday. That compares to an downwardly revised $113.3-T net worth for households in Q-2 of Y 2019, the Fed said. The US economy is experiencing its longest expansion on record and households and households […]

Saudi Aramco Now the Most Valuable Public Company

Saudi Aramco Now the Most Valuable Public Company

Saudi Arabian oil company Aramco surpassed Apple (NASDAQ:AAPL) as the world’s most valuable public company Wednesday when its shares made their debut on the Saudi stock exchange. The shares’ 10% rally brought state-owned Aramco’s value to $1.88-T. The 1.5% of the company that is listed has raised $25.6-B, a record for an IPO. As of […]

Over 7,000,000 Jobs Created Under President Trump’s Policies, America is Working!

Over 7,000,000 Jobs Created Under President Trump’s Policies, America is Working!

President Trump has “added more than 7 million jobs” during his time in office, a Treasury official said at the weekend. Monica Crowley, Assistant Secretary of Public Affairs at the Treasury Department, gave in a radio interview following the administration’s announcement last Friday that payrolls increased by 266,000 in November, far above Wall Street expectations. […]

US Consumer Spending on the Rise

US Consumer Spending on the Rise

$DIA, $SPY, $QQQ, $RUTX, $VXX Americans increased their spending in October at the fastest rate in 3 months even though income growth was essentially flat, its weakest showing in 13 months. The Commerce Department said Wednesday that consumer spending rose 0.3% last month, the best gainer since a 0.5% rise in July. An inflation gauge that is […]

Manufacturing, Labor Market Data Signal Slowing Economy

Manufacturing, Labor Market Data Signal Slowing Economy

$DIA, $SPY, $QQQ, $RUTX, $VXX Initial claims for the week ending 16 November were unchanged at 227,000 (consensus 216,000). Continuing claims for the week ending 9 November were up 3,000 to 1.695-M. The Key takeaway from the report is that initial claims have been more elevated than usual in recent weeks, suggesting perhaps that they have […]

President Trump,”US Will Hike Tariffs on China Without Trade Deal”

President Trump,”US Will Hike Tariffs on China Without Trade Deal”

The United States will raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade dispute, President Trump said Tuesday, threatening an escalation of the action that has damaged economic growth of the world’s 2nd largest economy severely. Speaking at a cabinet meeting at the White House, President Trump said […]

President Trump Will Continue to Defend the US Economy (Video)

President Trump Will Continue to Defend the US Economy (Video)

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 (+0.1%), DJIA (+0.1%), and NAS Comp (+0.1%) eked out incremental gains to close at record highs Monday. The Russell 2000 (-0.3%) closed in negative territory.  Before President Trump, China has intended to take over the world. White House economic adviser Larry Kudlow proclaimed that President Trump will […]

President Trump Talks Economy and Trade, Market Responds Positively

President Trump Talks Economy and Trade, Market Responds Positively

$DIA, $SPY, $QQQ, $RTUX, $VXX The benchmark S&P 500 stock index posted a slim gainer Tuesday as President Trump said the United States is close to signing an initial trade deal with China and lauded the economy. The S&P 500 and NAS marked all-time highs during trading but stocks ended off session highs with investors […]

“Low interest rates and budget deficit spending will be a boon for the market”

“Low interest rates and budget deficit spending will be a boon for the market”

$DIA, $SPY, $QQQ, $RUTX, $VXX “Efforts to stimulate global economies are boosting equities in a way I have never seen before.”– Paul Tudor Jones Mr. Jones also said Tuesday that next year’s Presidential election “will be more meaningful than any in my lifetime.” Governments and central bankers from Japan to the US are taking steps […]

Signs of Global Economic Stabilization Flashing

Signs of Global Economic Stabilization Flashing

The worst may be over for the world economy’s slowdown. A wave of interest-rate cuts by central banks including the Fed and mounting expectations of a US-China trade deal are buoying confidence in financial markets just as Key economic indicators show signs of stabilization after recent declines. While a robust rebound may not be here […]

No US Recession Ahead

No US Recession Ahead

$GS The chances that the US economy skids into a recession are “not significant” near term as American households extend the expansion and trade tensions appear to be easing, the CEO of Goldman Sachs Group Inc (NYSE:GS) said in an interview. “I’ve said that I still think the chance of a U.S. recession between now […]

Paul Ebeling’s China Business Commentary

Paul Ebeling’s China Business Commentary

Expect China to push for lasting business environment improvement nation and worldwide on the coming resolution of the US trade dispute. More efforts should be made to promote a continuous improvement in China’s business environment nationwide, an official said Monday. Improving the business environment is an important guarantee for further opening up to the outside […]

Wall St. First Half Profits Jumped, Best Start in a Decade, Uncertainties Obscure Second Half

Wall St. First Half Profits Jumped, Best Start in a Decade, Uncertainties Obscure Second Half

Pretax profits in the securities industry reached $15.1 billion in the first six months of 2019, an 11 percent increase over the same period last year, and the best start in a decade, but a slowdown in the global economy and other factors pose threats to second half profits, according to State Comptroller Thomas P. […]

Impeachment is All About Stopping ‘The Trump Economy’

Impeachment is All About Stopping ‘The Trump Economy’

The Pelosi/Schiff House led impeachment investigation Vs President Donald Trump is all about the collapsing the economy. “This economy is the best economy in 30 years,” Christopher Ruddy said in a TV interview Thursday, referencing the insights of Yale economist Robert Shiller. “He is not known for being a Republican,” Mr. Ruddy said. “An incredible […]

Russia’s Huge Gold Hoard Protects Its Economy

Russia’s Huge Gold Hoard Protects Its Economy

$XAU, $OIL, $USD A Russia official reportedly has declared that Moscow can thrive despite falling Crude Oil prices because of its massive gold holdings and the government’s efforts to reduce reliance on energy resources, Russian Finance Minister Anton Siluanov said that while Moscow is satisfied with the current price of Crude Oil, possible market turmoil will […]

US Q-3 Earnings, Here They Come

US Q-3 Earnings, Here They Come

$SPY, $SPX, $SPLRCT, $USD, $EUR, US companies are preparing to report Q-3 earnings following a few months grappling with a US-China trade conflict undermining the business environment and an overall economy that has been showing signs of slowing. Among S&P 500 (SPX) earnings for the July-September frame look set to mark the weakest performance in […]

Chinese Government Investing to Keep Private Businesses Alive

Chinese Government Investing to Keep Private Businesses Alive

The Chinese government is buying stakes in private companies to keep them afloat amid economic troubles in the country, the WS-J reports. The government has taken steps in the past few decades to move from state-owned businesses to private enterprises, since their public-sector companies tended to lag behind private firms in terms of efficiency and innovation. […]

China Facing “Real” Problems, Trade Uncertainty Abound

China Facing “Real” Problems, Trade Uncertainty Abound

Thursday, US Commerce Secretary Wilbur Ross said that trade uncertainty issues are giving China “real” structural problems, as the nation’s supply chains are starting to “hollow out.” “China is no longer really the cheapest place in the world to manufacture,” Secretary Ross said in a TV interview, adding the US does not know what China wants […]

President Trump Hammers Fed’s Powell, “No Guts, No Sense, No Vision!”

President Trump Hammers Fed’s Powell, “No Guts, No Sense, No Vision!”

$DIA, $QQQ, $SPY, RUTX, $VXX President Trump Tweeted: “Fed, Powell ‘Fail Again’”After FOMC Rate Cut The Fed cut interest rates for the 2nd time since July, and it was not enough for President Trump. President Trump assailed policy makers just mins after their decision Wednesday to cut the benchmark interest rate by 25 bts. “Jay […]

Hapless House Dems Focused on”Imaginary Impeachments”

Hapless House Dems Focused on”Imaginary Impeachments”

US House Judiciary Chairman Jerry Nadler and other House Democrats are pushing for “imaginary impeachment” proceedings against President Trump that “nobody in America” wants, House Minority Leader Kevin McCarthy declared Tuesday. “There are no facts for it,” the California Republican said in a TV interview. “Here is Nadler who campaigned to become chairman on the […]

The Market is Asking, “How low can the Fed go”?

The Market is Asking, “How low can the Fed go”?

$DIA, $SPY, $QQQ, $RUTX, $VXX With US-China trade tensions having roiled financial markets, investors are counting on support for stocks coming from a Fed willing to keep cutting interest rates to help the US economy avoid a severe downturn. A 1/4th pt rate reduction is expected when the FOMC issues its next policy statement this […]

American Voters See President Trump Has Taken Charge of the Economy, Having Effectively Sidelined the Fed

American Voters See President Trump Has Taken Charge of the Economy, Having Effectively Sidelined the Fed

Attention: Now what really matters is just what the President does and is going to do. President Trump blames the Fed for a slowing US economy, some blame it on him. A survey conducted with YouGov showed 28% of American adults believe the President in general is most responsible for the economy. That surpasses the […]

Russia and China Buying Gold, Driving the Rally

Russia and China Buying Gold, Driving the Rally

$XAU, $GLD $USD Russia and China are stockpiling gold, helping to drive the precious Yellow metal to its highest marks in more than 6 years. The People’s Bank of China has added about 100 tonnes of gold to its reserves since December. Russia has bought 106 tonnes bullion so far this year. “They can read the […]

China Must Stimulate as its Economy Sharply Weakens

China Must Stimulate as its Economy Sharply Weakens

China’s exports unexpectedly fell in August as shipments to the United States slowed sharply, pointing to further weakness in the world’s 2nd-largest economy and underlining a pressing need for more stimulus as US-China trade tension escalates. Beijing is widely expected to announce more support measures in coming weeks to avert the risk of a sharper […]

Gold’s Price, a Fundamental Forecast

Gold’s Price, a Fundamental Forecast

$XAU, $GLD, $USD, $XAUUSD Friday, Gold saw choppy trade. The price action suggests that traders have fully priced-in the latest round of global central bank rate cuts and are now waiting to see if those cuts are having an impact on the global economy. The price action also indicates that gold may be fairly priced […]

The US Labor Market is Booming, Economic Expansion Longest on Record

The US Labor Market is Booming, Economic Expansion Longest on Record

This tight US labor market is manifesting a booming demand in industries with an abundance of female workers is drawing more women back into the workforce, helping to shrink the longstanding gap in the labor participation rate between men and women to the narrowest on record a report showed Friday. Other parts of a report […]

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