President Trump: “Stocks Looking Very Good to Me as Virus Very Much Under Control”

President Trump: “Stocks Looking Very Good to Me as Virus Very Much Under Control”

$DIA $SPY $QQQ $RUTX FLASH: On Christmas Day 2018, President Trump called the bottom of a 3-month sell-off in US stocks “Stock Market starting to look very good to me!” President Trump Tweeted after the Monday close on Wall Street, echoing his sentiments 14 months ago when he told reporters at the White House there was […]

“Fed Will Not Make Panic Move and Cut Rates Over Virus”

“Fed Will Not Make Panic Move and Cut Rates Over Virus”

$DIA $SPY $QQQ $RUTX $VXX FLASH: Conservative radio host Rush Limbaugh said the coronavirus is being weaponized to bring down President Trump. US economy will be able to ride out any disruption from the global spread of coronavirus, plus not anticipating the Fed to cut interest rates to blunt the virus’ economic impact, that according […]

Gold Price +2% Set to Test $1,700 oz

Gold Price +2% Set to Test $1,700 oz

$GLD $XAU $USD Gold futures spiked Monday to their highest finish since February 2013, as the spread of COVID-19 to Italy and other parts of the world brought about more nervousness into the markets, lifting demand for safe-havens assets including gold. The precious Yellow metal has become a more widely desired currency again, it is […]

“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 […]

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 […]

S&P 500 & NAS Comp Mark Fresh Record Highs

S&P 500 & NAS Comp Mark Fresh Record Highs

$DIA $SPY $QQQ $RUTX $VXX DJIA +115.84 at 29347.94, NAS Comp +84.44 at 9817.21, S&P 500+15.86 at 3386.15 Wednesday, the S&P 500 (+0.5%) and NAS Comp (+0.9%) closed at fresh record highs, as investors remained optimistic about the global economic outlook despite the coronavirus. The DJIA increased 0.4%, and the RUTX increased 0.5%.  Stocks held gains following the release of minutes from the FOMC’s […]

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 Prices Higher Following Fed Rate Decision

Gold Prices Higher Following Fed Rate Decision

$XAU $GLD Gold prices ended higher Wednesday following the Fed’s decision to keep interest rates unchanged. The Fed said that job gains have been solid, but inflation remains below the Fed’s 2% objective. The Fed said that household spending is rising at a moderate rate. The Fed will continue to assess the appropriate path of […]

Fed Leaves Key Interest Rate Unchanged

Fed Leaves Key Interest Rate Unchanged

$DIA, $SPY, $QQQ, $RUTX , $VXX The Fed held interest rates steady Wednesday at its first policy meeting of the year, the head of the central bank pointed to continued moderate economic growth and a “strong” job market, and giving no sign of any imminent changes in borrowing costs. “We believe the current stance of […]

“US Would Refinance, Pay Off Debt if Fed Lowered Rates”–President Trump

“US Would Refinance, Pay Off Debt if Fed Lowered Rates”–President Trump

$DIA, $SPY, $QQQ, $RUTX, $VXX Less than 1 hr after Fed officials begin a two-day policy meeting, President Trump calls for a cut in rates. “The Fed should get smart & lower the Rate to make our interest competitive with other Countries which pay much lower even though we are, by far, the high standard,” […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX, $GLD, $XAU, $USO Last Week Stock action has improved with low to high gains and the stocks that stumbled Wednesday have showed stronger action. There has been excellent action in response to good earnings both during the trading session and after-hours. Bonds rallied, gold has risen and Crude Oil has […]

Gold Marks 2-wk Highs on Move to Safe-Havens

Gold Marks 2-wk Highs on  Move to Safe-Havens

$XAU, $GLD Gold rose to a more than 2-week high Friday as the latest updates on the coronavirus dented risk sentiment, and prompted a flight into safe-haven assets. Spot gold was up 0.7% at 1,573.53 oz by 1:41p EST (1841 GMT), having hit a peak since 8 January at 1,575.03 earlier in the session. The […]

President Trump Hammers Fed at Davos Forum

President Trump Hammers Fed at Davos Forum

$BA  United States’ GDP growth would have climbed closer to 4% if the effects of Federal Reserve rate hikes had not held on, President Trump said in a TV interview from the World Economic Forum in Davos, Switzerland, Wednesday. “That was a big blip that should not have taken place,” President Trump told CNBC’s Joe Kernen. […]

2020: Buy Gold, Bet on Emerging Markets

2020: Buy Gold, Bet on Emerging Markets

$XAU $GLD “Gold is a place you want to be. I think that it’s partly because its inversely correlated with interest rates. But it’s also an insurance policy when things go wrong,” David Rosenberg said. “There’s no such thing as a no-brainer, but this is close.” Gold is off to a terrific start this year […]

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, […]

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 […]

DJIA 40,000 Just a Few Years Away

DJIA 40,000 Just a Few Years Away

$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 and NAS Comp closed at record highs ahead of earnings season Monday’s advance is attributed to these factors: The positive price action buoying sentiment Expectations that the upcoming earnings season will include reassuring guidance News the Us will remove China from its currency manipulator list, thereby improving trade […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA $SPY $QQQ $RUTX $VXX Y 2020 extended Y 2019 action as the big tech names led and the smaller-caps lagged. While the S&P 500’s valuation chart may be giving some investors flashbacks to the Y 2018 market meltdown, the Bulls are resolute. Corporate earnings are expected to fall for a 2nd Q running, as […]

2020: No Chance of Recession

2020: No Chance of Recession

Barron’s annual roundtable of 10 veteran investors and economists agree that there’s almost no chance of a recession this year. The roundtable’s view of stocks is decidedly, albeit cautiously, optimistic, Barron’s reported. The 10 experts “all spoke of high valuations and noted a lack of catalysts to drive stocks higher. That led to some bemoaning that […]

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 […]

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: The Fed and Q-4’s Initiation

2020: The Fed and Q-4’s Initiation

$DIA $SPY $QQQ $RUTX $VXX Last September something happened in the “repo” short-term financing market. Liquidity dried up, interest rates spiked, and the Fed stepped in to save the day. On 12 December a New York Fed statement said its trading desk would increase its repo operations around year end “to ensure that the supply of reserves remains […]

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 […]

The Financial Markets in Year of the Rat 2020

The Financial Markets in Year of the Rat 2020

$DIA, $SPY, $QQQ, $RUTX, $XRT, $IWM Our New Year is here and we are just a few weeks away from the Chinese New Year, so not too early to share some of my favorite Chinese Astrologer’s thoughts on the coming Year of the Rat, he is famous for his predictions, but not perfect. The background: […]

‘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 […]

S&P 500 Marks Another Record High as Santa Claus Continues the Rally

S&P 500 Marks Another Record High as Santa Claus Continues the Rally

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 finished little changed Friday and the NAS Comp ended an 11-day streak of gainers after some late-session weakness, the DJIA another record as investors play the Santa Claus rally. The DJIA rose 23.53 points, or 0.08%, to 28,644.92, the S&P 500 gained 0.07 points, or 0.00%, to […]

Gold Closed Above $1500 on Pace to Best Year Since 2010

Gold Closed Above $1500 on Pace to Best Year Since 2010

$GLD, $XAU, $SLV, $USD, $JPM, $GS, $UBS Gold rose for a 4th session running, topping 1,500 oz and on pace for its best annual gainer since Y 2010. The precious Yellow metal marked a 7-wk high on the breakout as investors positioned for Y 2020, with post-Christmas gains coming even as global equities inched higher and US-China […]

President Trump’s Attacks on the Fed Shape Markets

President Trump’s Attacks on the Fed Shape Markets

$SPY President Trump’s demands on the Fed to loosen monetary policy impact financial markets, according to new research published by the Bank of Canada. In the study released this month, Antoine Camous of the University of Mannheim and Dmitry Matveev of Canada’s central bank looked at Fed funds futures, a guide to where investors are […]

Trump Policies Working: US Economy in Longest Expansion Ever

Trump Policies Working: US Economy in Longest Expansion Ever

$DIA, $SPY, $QQQ, $RUTX, $VXX For the 1st time ever, the US economy started and ended an entire decade without a recession, the longest expansion in our history, researchers say. The National Bureau of Economic Research found, as of December, the economy has expanded for a record 126 consecutive months. “It is unusual that this […]

Seeing This Bull Market Extending into 2020, Not ‘Melting-up’

Seeing This Bull Market Extending into 2020, Not ‘Melting-up’

$SPY, $DIA, $QQQ, $RUTX, $VXX, $BAC, $UBS, Analysts at Bank of America Merrill Lynch, described this Bull market as “primed for Q-1 2020 risk asset melt-up,” with the Fed and the ECB still providing ample support to portions of the market and economy that have shown some signs of softness aka printing money. UBS Global […]

Gold Prices on Pace to Mark Biggest Annual Gainer in 9 Yrs

Gold Prices on Pace to Mark Biggest Annual Gainer in 9 Yrs

$GLD, $XAU, $SLV, $XAG, $USD Gold prices look to end the year more than 15% higher, on track to post their biggest annual gainer in 9 years. “Gold has seen considerable safe haven buying from investors concerned over low and negative yields in the bond market and fearing a possible downturn in equities,” said the […]

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) […]

Gold’s Price History

Gold’s Price History

$XAU, $GLD, $USD, $XAG, $SLV The following is a deep dive into past Gold’s Price History by James Anderson who begins with a gold price chart covering more than the last 700 years. Leading into the USD price of gold since the 1776 founding of the United States of America (USA) through the post-1971 fully fiat […]

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 […]

FMOC: Interest Rates Unchanged, Forecasts Show No Change in 2020

FMOC: Interest Rates Unchanged, Forecasts Show No Change in 2020

Chairman Powell’s Press Conference: The record-long US economic expansion is in its 11th year, a Bull run that has driven unemployment to the lowest level since Y 1969 even while failing to sustainably deliver inflation at the Fed’s 2% target. Officials also released new Quarterly forecasts showing the following:: The median estimate for the fed […]

Fed May Launch QE-4 Before Year-End to Ease Market Stress

Fed May Launch QE-4 Before Year-End to Ease Market Stress

$DIA, $SPY, $QQQ, $RUTX, $VXX, $CS Credit Suisse (NYSE:CS) analyst now predicts that a 4th round of QE (quantitative easing) will be needed before year’s end to ease mounting pressure in the short-term lending markets. He said QE-4 would help rebuild bank reserves, which have dropped as the Fed has shrunk its balance sheet. QE, […]

Gold’s Great Year Points to Another

Gold’s Great Year Points to Another

$XAU $GLD $USD $GS Gold’s impressive advance in Y 2019 may be set to move into the New Year. As 2020 looms, BlackRock Inc., the world’s largest money manager, remains constructive on bullion as a hedge, while Goldman Sachs Group Inc. and UBS Group AG see prices climbing to 1,600 oz, a mark last seen […]

Goldie Makes Case for Diversifying into Gold

Goldie Makes Case for Diversifying into Gold

$XAU $GLD $GS Goldman Sachs Group Inc. (NYSE:GS) said investors should diversify their long-term bond holdings with gold, citing “fear-driven demand” for the precious Yellow metal. “Gold cannot fully replace government bonds in a portfolio, but the case to reallocate a portion of normal bond exposure to gold is as strong as ever,” Goldman analysts […]

Outlook for Gold and Silver in 2020

Outlook for Gold and Silver in 2020

$XAU, $GLD, $USD, $XAG, $SLV Now it is the time of year to predict where gold prices will go in Y 2020. The forecasts’ are worth paying attention to because the experts use a number of factors, ranging from central bank policy to geopolitics to cycle analysis, to make their calls. There is something for […]

President Trump Restores Steel Tariffs on Brazil and Argentina

President Trump Restores Steel Tariffs on Brazil and  Argentina

Monday, President Trump said he will reinstate steel and aluminum tariffs on Brazil and Argentina because he claimed the South American countries are devaluing their currencies. He announced the move on his Twitter feed. “Brazil and Argentina have been presiding over a massive devaluation of their currencies. which is not good for our farmers. Therefore, […]

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 […]

DJIA Marks 100th Record Close Under President Trump

DJIA Marks 100th Record Close Under President Trump

$DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, US stocks edged higher, and all 3 major Wall Street indexes marked record levels, as upbeat comments by President Trump on trade talks eclipsed some softer-than-anticipated economic data, as the DJIA posted its 100th record close since Trump took office. President Trump said the United States and China were […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $XAU, $GLD, $VXX Conditions setting up for the Santa Claus Rally A year after the US stock market plunged on the Fed’s acts, many investors believe conditions are set for a rally to finish off Y 2019. A more accommodative Fed compared with a year ago is an important argument for […]

Gold Price Outlook: Gold Set Up for a Holiday Rally

Gold Price Outlook: Gold Set Up for a Holiday Rally

$XAU, $GLD The recent sell-off in gold has triggered massive gold demand from India. Recall that India had been dormant since June, when the Government increased the import duty by 25% on imported kilo bars. But the lower price of world gold, combined with India’s peak seasonal gold buying period has unleashed India’s gold importation […]

Target (NYSE:TGT) at Record Highs on Sales Beat, Raised Forecast

Target (NYSE:TGT) at Record Highs on Sales Beat, Raised Forecast

$DIA, $SPY, $QQQ, $RUTX, $TGT, $VXX Target Corp. (NYSE:TGT) reached a record high after raising its F-Y (full-year) outlook again on strong sales and profitability, providing a safe haven after several retailers unnerved investors. The stock, the best performer in the S&P 500 Index Wednesday, had already soared 68% this year through Tuesday. Target raised […]

FOMC Mins: Divided Policy Makers Felt 3 Rate Cuts this Year ‘Should’ be Enough

FOMC Mins: Divided Policy Makers Felt 3 Rate Cuts this Year ‘Should’ be Enough

A divided FOMC decided to hit pause in its easing cycle following a rate cut at its October meeting offered little guidance on what would cause policymakers to change their minds on the outlook, minutes of the central bank’s last policy meeting showed. The readout released on Wednesday of the Oct. 29-30 policy discussion, at which […]

Markets Wrap with Tech Lifting NAS to Record

Markets Wrap with Tech Lifting NAS to Record

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 declined 0.1% Tuesday in a mixed session. The retail industry was under pressure following disappointing quarterly results and guidance from Home Depot (HD 225.86, -12.99, -5.4%) and Kohl’s (KSS 47.02, -11.38, -19.5%) The NAS Comp climbed to a fresh record on the back of gains in mega cap tech companies even as the […]

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 […]

Fed Will Keep Monetary “Accommodative”

Fed Will Keep Monetary “Accommodative”

Sluggish inflation gives the Federal Reserve the leeway to keep borrowing costs low and help draw more workers into the labor market, San Francisco Fed Bank President Mary Daly said Saturday. “We’re lucky right now,” Ms. Daly said at University of California, Berkeley’s Clausen Center’s conference on global economic issues. “We can keep the policy […]

US Economy Must Grow Faster Than the Federal Debt, President Trump is Correct

US Economy Must Grow Faster Than the Federal Debt, President Trump is Correct

Fed Chairman Powell likes to avoid any hint of politics in his public statements, but in a non-controversial response to a Question about US government borrowing Wednesday, he weighed in on one of the core issues in the political debate over how to manage the economy. Over the past year in particular, many mainstream economists […]

Impeachment Probe Does Not Bother President Trump or the Stock Market

Impeachment Probe Does Not Bother President Trump or the Stock Market

$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500, DJIA closed at record highs, again! Public impeachment hearings in Congress about President Trump’s attempts to pressure Ukraine to have scant influence on markets, some analysts said Wednesday. These hearings will be the height of drama inside the beltway, but our sense is that the market impact will […]

Gold Bounced Finishing in the Green

Gold Bounced Finishing in the Green

$XAU, $GLD, $USD Gold prices bounced off session lows and closed in the Green Tuesday, despite a stronger USD. Yields remain edged lower. German data is showing some small signs of improvement. President Trump in a speech before the Economic Club of New York on Tuesday to hammered the Fed, saying that although the stock […]

President Trump, “We Have Delivered on Our Promises, Exceeding All Expectations” (Video)

President Trump, “We Have Delivered on Our Promises, Exceeding All Expectations” (Video)

$SPY Over 1,350 people attended the lunchtime speech according to the Economic Club of NY spokeswoman. The club’s membership is a who’s who of New York’s financial elite, and its trustees include John Williams, president of the Federal Reserve Bank of New York, and billionaire hedge fund investor John Paulson, 1 of President Trump’s Top […]

Trade is the Key Issue…

Trade is the Key Issue…

The 2 biggest players in the US economy will take the stage this week, as President Trump and Fed Chairman Powell speak amid signs the nation’s trade war with China may be thawing. President Trump will deliver a speech at the Economic Club of New York Tuesday, with investors hoping he sheds light on a […]

Commentary: Merkel Needs President Trump to End the Trade Dispute

Commentary: Merkel Needs President Trump to End the Trade Dispute

$VLKAY, $BMWYY, $DDAIF The German economy is at the cusp of recession Now 30 yrs after the fall of the Berlin Wall, and 29 years after Germany was reunified into 1 country, Europe’s strongest economy is facing significant headwinds that risk spilling over into the rest of the EU and the world The closely watched […]

“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 […]

President Trump, “The Fed does not have a clue!” (Update)

President Trump, “The Fed does not have a clue!” (Update)

Fed statement: “the labor market strong and that economic activity rising at a moderate rate, job gains have been solid, on average, the unemployment rate low, household spending strong, business fixed investment and exports weak inflation sans than food & energy below 2% ” President Trump launched a fresh attack on the Fed Tuesday, saying […]

Secretary Mnuchin Open to Cash Crunch Funding for Big Banks

Secretary Mnuchin Open to Cash Crunch Funding for Big Banks

Treasury Secretary Steven Mnuchin said Tuesday he is open to loosening liquidity requirements for big banks to relieve possible cash crunches in short-term funding markets. “The banks have raised an issue around intra-day liquidity, and that is something that makes sense for regulators to look at,” Secretary Mnuchin said in an interview. His comments came […]

Paul Ebeling’s DC Commentary: “Investors Ignoring Trump Impeachment ‘Noise'”

Paul Ebeling’s DC Commentary: “Investors Ignoring Trump Impeachment ‘Noise

$USD, $DIA, $SPY, $QQQ, $RUTX, $VXX The US Dem House’s impeachment focus is not even a distraction to the financial market, as nothing will or can come of it, as in the world of geopolitics something big happened at the weekend. Sunday, President Trump announced that Abu Bakr al-Baghdadi, the leader of the so-called Islamic […]

Gold Retakes Key $1,500 oz Mark

Gold Retakes Key $1,500 oz Mark

$XAU, $XAG, $GLD, $SLV, $USD Gold prices climbed above the Key $1,500 mark Thursday to mark their highest finish in about two weeks, as a monthly drop in U.S. durable goods orders buoyed haven appeal for the metal. The dismal durable goods number is helping boost gold prices as recession fears are again on the […]

Asia: Gold, Crude Oil, Stocks, Commodities and Currency Pairs

Asia: Gold, Crude Oil, Stocks, Commodities and Currency Pairs

$XAU, $GLD, $USD, $USO, $OIL FLASH: Gold Steady, USD Up, Crude Oil Flat, Stocks Off Headlines Asia shares slip on BREXIT snag Crude Oil prices fell after data showed US stocks rose more than expected last week. Gold holds steady, as technical buying gives support Gold: Gold prices were largely unchanged Wednesday, as investors awaited more clarity on […]

Asia: Gold, Crude Oil, Stocks, Commodities and Currency Pairs

Asia: Gold, Crude Oil, Stocks, Commodities and Currency Pairs

$XAU, $GLD, $USD, $USO, $OIL FLASH: Gold Steady, USD Up, Crude Oil Flat, Stocks Up Headlines Crude Oil prices were little changed Tuesday Gold prices steady as US-China trade optimism sparks market cheer Investors await FOMC meeting at the end of the month Gold: Gold was muted Tuesday, weighed down by buoyant Asian shares that cheered […]

Stock Traders Bet Fed Will Cut Rates

Stock Traders Bet Fed Will Cut Rates

Unless the market sees radical changes over the coming days, history suggests the Fed will cut, it has never withheld easing against the market’s expectations. The Fed’s last words before the customary silence preceding policy makers’ meetings left traders nearly certain the central bank is about to deliver its 3rd rate cut running. Futures are […]

President Trump has China “Where He Wants Them on Trade” + Closing Market Summary

President Trump has China “Where He Wants Them on Trade” + Closing Market Summary

$DIA, $SPY, $QQQ, $RUTX, $VXX Stock market guru, Jim Cramer said President Trump has the upper hand in the China trade distpute because tariffs are hurting the Chinese economy way more than the US economy. “Hate him or like him, he has them where he wants them,”  Mr. Cramer said on TV Friday. “I always […]

Signs Point to Weak NFPs Report, We Wait, We See…

Signs Point to Weak NFPs Report, We Wait, We See…

$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks recover from oversold condition, soft data boosts rate-cut expectations. The recent ADP job numbers suggest that employers are either having difficulty filling positions, are hiring fewer people due to weaker demand, or both. The lowest manufacturing jobs gauge since Y 2016. Slower private hiring. A sharp drop in […]

Asia: Gold, Crude Oil, Stocks, Commodities and Currency Pairs

Asia: Gold, Crude Oil, Stocks, Commodities and Currency Pairs

$XAU, $GLD, $USD, $USO, $OIL FLASH: Gold Off, USD Up, Crude Oil Up, Stocks Firm Headlines Crude Oil prices recover after output from US, Russia, OPEC fall Asian shares firm as investors stay hopeful on US-China disputes Gold fell to a 2 month low on the back of a strong Buck, last trading at $1,468.50 oz. Gold: […]

Asia: Gold, Crude Oil, Stocks, Commodities and Currency Pairs

Asia: Gold, Crude Oil, Stocks, Commodities and Currency Pairs

FLASH: Gold Dips, USD Little Changed, Crude Oil Off, Stocks Flat Headlines Asian shares mostly flat to unchanged Major currencies were little changed in early trade Crude Oil shares fall on potential limit on China investments Gold prices dip as fears of widening trade war ease Gold: Gold prices dip as fears of widening trade war ease […]

Make No Mistake, Fake Meat Is Junk Food, Health is Not Driving the ‘Meat Makeover’

Make No Mistake, Fake Meat Is Junk Food, Health is Not Driving the ‘Meat Makeover’

$BYND Ultra-processed foods typically have 5 or more ingredients, many of which are not commonly found in home kitchens. This describes the Impossible Burger and Beyond Burger, including fake blood processed from genetically engineered yeast to mimic the taste and texture of real beef. The junk food industry has a new product they are offering […]

Asia: Gold, Crude Oil, Stocks, Commodities and Currency Pairs

Asia: Gold, Crude Oil, Stocks, Commodities and Currency Pairs

FLASH: Gold Steady, USD Flat, Crude Oil Off, Stocks Off Headlines Asian stocks rattled, seeing Trump impeachment bid raises new risks Gold steady as President Trump’s impeachment inquiry stokes risk-off mood Crude Oil futures declined on concerns of political uncertainty and US-China trade Gold:  Gold prices were trading steady Wednesday, just below a nearly 3-wk high hit […]

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