Fed Chairman Powell Does Not See Recession: Mission “Sustain Expansion”

Fed Chairman Powell Does Not See Recession: Mission “Sustain Expansion”

$DIA, $SPY, $QQQ, $RUTX, $VXX The stock market finished mixed Friday; the S&P 500 (+0.1%) and DJIA (+0.3%) closed just above unchanged, while the NAS Comp (-0.2%) and Russell 2000 (-0.4%) closed slightly lower. On Friday, Fed Chairman Jerome Powell said the most likely outlook for the US and world economy is continued moderate growth, […]

F1: Saudi Arabia Could Host Formula One Racing by 2021

F1: Saudi Arabia Could Host Formula One Racing by 2021

$FWONK, $RACE The Middle East already hosts 2 F1 races, at Sakhir in Bahrain and Abu Dhabi’s Yas Marina Saudi Arabia and Formula One (NASDAQ:FWONK) are discussing the possibility of holding a race in the country, and team bosses have been asked for an opinion. It has been reported that F1 and the 10 teams […]

The US Economy in Longest Expansion Ever.

The US Economy in Longest Expansion Ever.

This month, the US economy has been growing for 10 years running, tying the record for the longest expansion ever. Many people, including journalists and policy makers, see this as a great achievement. “I see nothing to celebrate. On the contrary, I think they are measuring success the wrong way”, says Narayana Kocherlakota He says, […]

US Economy Continues to Expand

US Economy Continues to Expand

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: This economic expansion is set to become longest in US history, according to the latest leading-indicators data. The Conference Board Leading Economic Index (LEI) for the US increased 0.2% in April to 112.1, following a 0.3% increase in March, and a 0.2% increase in February. “The US LEI rose […]

Managed Money Skeptical On Levi’s Long-Term Growth Prospects

Managed Money Skeptical On  Levi’s Long-Term Growth Prospects

$LEVI Levi Strauss & Co.’s (NYSE:LEVI) is betting it can convince investors there is still room for global growth left for the 165-year old company, but managed money see the iconic US blue jeans maker’s stock may be too pricey to generate a decent return. The San Francisco-based company returned to the public markets Thursday […]

Global Economy Hits Weakest Patch Since Financial Crisis

Global Economy Hits Weakest Patch Since Financial Crisis

The global economy’s softened throughout Y 2018 has left the pace of expansion the weakest since the global financial crisis a decade ago. A new GDP tracker puts world growth at 2.1% on a Q-Q annualized basis, down from about 4% in the middle of last year. While there is a chance that the economy […]

Singapore ‘Hawker’ Restaurant Michelin-Starred and Most Affordable

Singapore ‘Hawker’ Restaurant Michelin-Starred and Most Affordable

The notion of dining at Michelin-Starred restaurants evokes visions fine food and $$$$$, but there are some spots that will not break your bank. So, if you are in Southeast Asia, and looking to try the cheapest Michelin-starred restaurant in the world, you will need a plane ticket to Singapore and standing in lengthy queues. […]

Millennials, Baby Boomers to Fuel Historic Economic Expansion

Millennials, Baby Boomers to Fuel Historic Economic Expansion

Millennials, Baby Boomers to Fuel Historic Economic Expansion $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, investment guru Ed Yardeni predicted millennials and baby boomers will help the US achieve its greatest economic expansion in history. “They the baby boomers are increasingly becoming minimalists. They are trading down in terms of houses that they want to live […]

The US Stock Market Remains in Consolidation Mode

The US Stock Market Remains in Consolidation Mode

The US Stock Market Remains in Consolidation Mode $DIA, $SPY, $QQQ, $VXX, $USO The Bull has paused to refresh Fundamentals are Strong Interest rates are low Some pundits are saying that the world markets entered Y 2018 speculating that the most synchronized global economic expansion in a decade was going to get to Hot, but […]

Look at the US Economic Reports Going into Earnings Season

Look at the US Economic Reports Going into Earnings Season

Look at the US Economic Reports Going into Earnings Season $DIA, $SPY, $QQQ Economic Growth and Investment The latest industrial production report was much better than expected and positive on multiple levels. Overall production was up 1.1% while the manufacturing component was up 1.2%. Probably more importantly, the improvement in manufacturing was centered on business […]

US Manufacturing Expansion Continues in March

US Manufacturing Expansion Continues in March

US Manufacturing Expansion Continues in March Activity in the US manufacturing sector continued to expand in March, as nearly every industry reported growth and none experienced a contraction, the Institute for Supply Management (ISM) said Monday. The ISM purchasing managers index slipped 0.5% to 57.2 last month, just below the 57.7 percent seen in February, […]

Dubai’s DP World Sees Panama Canal Opportunities

Dubai’s DP World Sees Panama Canal Opportunities

Dubai’s DP World Sees Panama Canal Opportunities The ports operator held a meeting with Panama’s President to discuss potential projects in the country Dubai ports operator DP World is exploring opportunities relating to the expanded Panama Canal, the company has confirmed. In a release, DP World said that its chairman and CEO, Sultan Ahmed Bin […]

Toyota (NYSE:TM) Answers President Trump by Adding 400 Indiana Jobs

Toyota (NYSE:TM) Answers President Trump by Adding 400 Indiana Jobs

Toyota (NYSE:TM) Answers President Trump by Adding 400 Indiana Jobs $TM, $F, $GM, $FCAU Tuesday, Toyota Motor Corp. (NYSE:TM) said it would add 400 jobs to build more SUVs at one of its US plants, highlighting its expansion plans just as US President Donald Trump calls on manufacturers to build more cars in the country. The Japanese automaker […]

Little Chance the Fed will “Snuff Out” Expansion Anytime Soon

Little Chance the Fed will “Snuff Out” Expansion Anytime Soon

Little Chance the Fed will “Snuff Out” Expansion Anytime Soon $DIA, $SPY, $QQQ, $VXX The Fed is unlikely to take actions that would “snuff out” the current US economic expansion anytime soon because inflation is not a problem, according to Federal Reserve Bank of New York President William Dudley. Tuesday, Mr. Dudley, in a speech […]

China’s High Earning Consumers Raidly Expanding

China’s High Earning Consumers Raidly Expanding

China’s High Earning Consumers Raidly Expanding China’s pool of high-earning consumers is set to surge in the next 15 years, their household spending growing to be greater than the EU’s current level, a report showed. The number of people earning more than $10,000 per year is expected to grow to around 480-M by Y 2030, […]

Apple (NASDAQ:AAPL) Lining Up With McLaren for F1 Expansion

Apple (NASDAQ:AAPL) Lining Up With McLaren for F1 Expansion

Apple (NASDAQ:AAPL) Lining Up With McLaren for F1 Expansion $AAPL, $TSLA, $LMCA Apple Inc. (NASDAQ: AAPL) mulling acquiring UK Superscar maker and Formula 1 racing team McLaren in the wake of Liberty Media’ plans to expand F1’s iconic brand. Analysts see the acquisition in the $2-B area. It makes sense for Apple with its huge […]

China’s Alibaba (NYSE:BABA) Targets Australia in Global Expansion

China’s Alibaba (NYSE:BABA) Targets Australia in Global Expansion

China’s Alibaba (NYSE:BABA) Targets Australia in Global Expansion Tuesday, Chinese online retailing giant, Alibaba (NYSE:BABA) announced that it will open its 1st local office in the Australian city of Melbourne later this year, after flagging its intentions to expand outside of China. Alibaba’s global President Michael Evans said Australia was a “huge part” of the […]

SEC Proposes Expansion of the Smaller Reporting Company

SEC Proposes Expansion of the Smaller Reporting Company

SEC Proposes Expansion of the Smaller Reporting Company Many professionals have been lobbying the Securities and Exchange Commission (SEC) over recent years to increase the pool of public companies that can qualify for the scaled disclosure requirements available to smaller registrants, the SEC is seeking comments for proposed amendments that will expand the definition of […]

China Debt Burden Crisis Unlikely

China Debt Burden Crisis Unlikely

China Debt Burden Crisis Unlikely Amid warnings that China may face a financial crisis induced by its debt burden, an economic expert said this week that a number of factors make this scenario unlikely. “Economists have often used such adjectives as ‘neck breaking’ and ‘breath-taking’ to describe the very fast economic growth of China in […]