President Trump’s Economy ‘a Shy of’ 3% Growth Goal

President Trump’s Economy ‘a Shy of’ 3% Growth Goal

Friday, the Fed said, that The Trump Administration will fall “a little under” its target of 3% annual GDP for Y 2018, the report offers an economic scorecard of sorts for the 1st full year of President Trump’s term. Growth for the year was “solid,” the Fed report said, as GDP “rose a little bit under 3% for the […]

1963 Ferrari 250 GT SWB Hammered for $7.6-M at Scottsdale

1963 Ferrari 250 GT SWB Hammered for $7.6-M at Scottsdale

$RACE, $BID Plus the rest of Gooding & Companies Top 10 sales from Scottsdale 2019. Gooding & Company beat out rivals RMSotheby’s (NYSE:BID) and Bonhams with a Y 2019 Scottsdale gross of $48.2-M led by its 6 Top-selling Ferraris. Overall, Gooding sold 105 cars of 124 total, giving a sell-through rate of 85%, the same result it achieved in […]

David Hockney’s “Portrait of an Artist (Pool with Two Figures)” Hammered for $90.3-M

David Hockney’s “Portrait of an Artist (Pool with Two Figures)” Hammered for $90.3-M

David Hockney’s “Portrait of an Artist (Pool with Two Figures)” Hammered for $90.3-M Thursday evening, an iconic Y 1972 painting by British artist David Hockney, 81 anni, hammered for $90.3-M at Christie’s besting the record for the highest price ever paid at auction for a work by a living artist. With Christie’s commission, “Portrait of […]

Ferrari (NYSE:RACE) Q-3 Earnings ‘Whisper’

Ferrari (NYSE:RACE) Q-3 Earnings ‘Whisper’

Ferrari (NYSE:RACE) Q-3 Earnings ‘Whisper’ $RACE Ferrari (NYSE:RACE) many analysts the iconic Italian automaker expect the Maranello outfit to deliver a Y-Y decline in earnings on higher revenues when it reports results for the Quarter ended September 2018. This consensus gives a good sense of the company’s earnings picture, but how the actual results compare […]

METALLA ADDS ROYALTY ON AGNICO EAGLE’S SANTA GERTRUDIS GOLD PROPERTY

METALLA ADDS ROYALTY ON AGNICO EAGLE’S SANTA GERTRUDIS GOLD PROPERTY $MTAFF, $AEM, $GLGDF Metalla Royalty & Streaming Ltd. (TSXV: MTA) (OTCQX: MTAFF) (FRANKFURT: X9CP) announced last Wednesday that it has entered into a purchase and sale agreement to acquire a 2% net smelter return royalty on the Santa Gertrudis gold property located north of Hermosillo in Sonora, […]

Ferrari (NYSE:RACE) 250 GTO to Auction at Monterey Car Week in August

Ferrari (NYSE:RACE) 250 GTO to Auction at Monterey Car Week in August

Ferrari (NYSE:RACE) 250 GTO to Auction at Monterey Car Week in August $RACE, $BID A 1962 Ferrari 250 GTO is coming up for sale, at RM Sotheby’s (NYSE:BID) Monterey sale this August. It carries a pre-auction estimate of $45-M. All original 250 GTOs built between Y 1962 and 1964 have survived, and they are all worth very big […]

Modigliani Nude Hammers for $157-M at Sotheby’s NY Auction

Modigliani Nude Hammers for $157-M at Sotheby’s NY Auction

Modigliani Nude Hammers for $157-M at Sotheby’s NY Auction $BID Monday, a nude portrait by Amedeo Modigliani sold for $157.2-M at Sotheby’s (NYSE:BID), achieving the 4th-highest price for any work of art at auction, though it did not set a new record for the artist. Sotheby’s had estimated “Nu couché (sur le côté gauche)” to […]

US Economy Strong in Q-4

US Economy Strong in Q-4

US Economy Strong in Q-4 Consumer spending on goods also saw its biggest Quarterly bounce in more than 11 years after an upward revision to 7.8% growth. The US economy grew significantly faster at the end of Y 2017 than previously reported, with revised data showing stronger consumer spending and business investment, the government reported […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures settled higher Thursday with CME Group’s farm futures jumping double-digits on Soybean, Corn dropped and Wheat traded slightly higher on the United States Department of Agriculture (USDA) data. The most active Corn contract for March delivery rose 1 cent, […]