Ferrari (NYSE:RACE): SWB Stands for ‘Short Wheelbase Berlinetta’ (Video)

Ferrari (NYSE:RACE): SWB Stands for ‘Short Wheelbase Berlinetta’ (Video)

$RACE This is a 1960’s Italian GT at its finest. If you’re like so many enthusiasts, you find the 1960’s Ferrari GTs to be some of the most attractive vintage vehicles around. That helps drive the extreme prices we see in private treaty sales transactions and auctions alike. And yes, there is more to it […]

Ferrari’s (NYSE:RACE) Binotto Speaks of Development

Ferrari’s (NYSE:RACE) Binotto Speaks of Development

Ferrari’s (NYSE:RACE) F1 car development has “exceeded expectations” this season and the amount of downforce it has added has had knock-on effects, says team boss Mattia Binotto. The team started Y 2019 with a car that had less peak downforce than its chief rival MercedesAMG as Ferrari pursued a lower-drag concept to give it a […]

Ferrari’s (NYSE:RACE) Plan: Build its Luxury Brand

Ferrari’s (NYSE:RACE) Plan: Build its Luxury Brand

$RACE Since taking over as CEO Louis Camilleri has largely shunned the spotlight, shunning the media and commenting publicly about the business only during Quarterly conference calls and once at the presentation of its new 5 year industrial plan. Being a tobacco executive offered relevant lessons for running Ferrari, Mr. Camilleri said in his 1st […]

Why Ferrari (NYSE:RACE)? Strong Earnings and Cash Flow

Why Ferrari (NYSE:RACE)? Strong Earnings and Cash Flow

$RACE Shares of the iconic Italian Supercar maker Ferrari (NYSE:RACE) hit an all-time high earlier this week after the company increased its F-Y guidance following strong Q-3 earnings. The Quarter’s operating profit rose 12% from a year ago, to 227 million euros ($251 million), on sales increases in Europe and Asia. Following the strong results, the company boosted its […]

Ferrari (NYSE:RACE) Confirms it is a ‘Luxury Brand’

Ferrari (NYSE:RACE) Confirms it is a ‘Luxury Brand’

$RACE Ferrari’s (NYSE:RACE) landmark tie-up with Giorgio Armani will offer clothing and accessories more refined and artisanal than anything currently licensed with the brand’s iconic Scuderia mark.  The iconic Italian Supercar maker’s CEO Louis C. Camilleri, announced Monday during its Q-3 earnings call with investors that Ferrari had entered a “long-term manufacturing agreement” with luxury […]

Ferrari’s (NYSE:RACE) Gap Open Monday, Is It a ‘Breakaway?’

Ferrari’s (NYSE:RACE) Gap Open Monday, Is It a ‘Breakaway?’

$RACE People are asking, can RACE sustained Monday’s move? Monday, Ferrari (NYSE:RACE) announced an EPS beat of 0.04 and a Top-line beat of over $25+M. On Top of the earnings results, management raised guidance for the year as Supercar shipments for the Quarter rose by a healthy 9%. In the technical chart there is a large gap […]

Ferrari’s (RACE) CEO Louis Camilleri on Q-3 Y 2019 Results

Ferrari’s (RACE) CEO Louis Camilleri on Q-3 Y 2019 Results

$RACE Ferrari (NYSE:RACE) to capitalise on brand as it promises to deliver faster growth Strong sales of Ferrari’s Portofino and 812 Superfast models enabled the Italian luxury carmaker to raise its outlook Monday, with a new brand strategy promising even more growth. Ferrari’s Milan-listed shares rose as much as 7.4% to an all-time high of […]

President Trump Drops Some Tariffs on Chinese Goods, Stocks Rally

President Trump Drops Some Tariffs on Chinese Goods, Stocks Rally

$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks rallied Tuesday after the White House announced that it will delay the 10% tariff rate for some items imported from China until 15 December. President Trump told reporters he wanted to delay the tariffs so consumers would not be hurt during the Christmas shopping season and said he […]

President Trump Looking Closely at SEC’s ‘Dark Regulation/s’

President Trump Looking Closely at SEC’s ‘Dark Regulation/s’

$BTC FLASH: President Trump focusing on dark regulation at SEC The Trump Administration issued a memorandum strongly discouraging regulatory dark matter/s. The memo instructs federal agencies to submit all policy-making rules to Congress to be vetted under the Congressional Review Act, even if these rules come in the form of informal guidance. The Trump Memo […]

EU Cannot Not Rely on US Growth to Help

EU Cannot Not Rely on US Growth to Help

FLASH: President Trump’s top economic adviser offered sharp criticism of the European Central Bank’s (ECB) revival of stimulus measures to spur the EU’s economy. National Economic Council Director Larry Kudlow said that a ECB decision Thursday to extend a new round of cheap loans to the banking system wouldn’t be enough to fix the continent’s […]

White House Hails China Trade Truce

White House Hails China Trade Truce

White House Hails China Trade Truce The Trump Administration is celebrating the 90-day truce it reached in its trade dispute with China as a significant breakthrough despite some skepticism that Beijing will yield to US demands anytime soon. “This is just an enormous, enormous event,” Larry Kudlow, President Donald Trump’s Top economic adviser, said of […]

US China Trade Talks Back On

US China Trade Talks Back On

US China Trade Talks Back On President Donald Trump’s top economic adviser said Tuesday that the United States was talking again with China on trade, calling it a “very positive” development. “Right now we’re having communications at all levels of the US and Chinese governments,” National Economic Council Director Larry Kudlow said in a TV […]

President Trump, “I Think We’ll Make a Deal With China on Trade”

President Trump, “I Think We’ll Make a Deal With China on Trade”

President Trump, “I Think We’ll Make a Deal With China on Trade” US  President Donald Trump said Friday that he will likely make a deal with China on trade, adding that a lot of progress had been made to resolve the 2 countries’ differences but warning that he still may impose more tariffs on Chinese […]

The Trump Effect: Americans Working, Higher Wages, Booming Manufacturing

The Trump Effect: Americans Working, Higher Wages, Booming Manufacturing

The Trump Effect: Americans Working, Higher Wages, Booming Manufacturing The Trump Effect has Made America Great Again, and Is Keeping America Great! The number of Americans filing for unemployment benefits fell to a near 49-year low last week, pointing to sustained labor market strength, which continues to underpin economic growth. The labor market, which is […]

The Trump Economy: Consumer Confidence Rises 18-Year High

The Trump Economy: Consumer Confidence Rises 18-Year High

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 […]

President Trump Sees Gain From China Tariffs as Worth US Pain

President Trump Sees Gain From China Tariffs as Worth US Pain

President Trump Sees Gain From China Tariffs as Worth US Pain The Trump Administration said it needs to confront China over its trading practices to defend US long-term interests even as escalating tariffs may cause discomfort for American consumers. Inaction by the US would leave the American economy and consumers worse off over the longer […]

President Trump: “Time to Take a Stand on China After Tariff Move”

President Trump: “Time to Take a Stand on China After Tariff Move”

President Trump: “Time to Take a Stand on China After Tariff Move” US President Donald Trump hit out at China days after announcing another round of tariffs, signaling the trade dispute will not end soon. “It’s time to take a stand on China,” President Trump said in an interview late Thursday with Fox News. “We have no […]

President Trump Imposed Tariffs on Chinese Goods

President Trump Imposed Tariffs on Chinese Goods

President Trump Imposed Tariffs on Chinese Goods $AAPL, $FIT Monday after the stock market closed, USPresident Trump President Donald Trump said he will impose 10% tariffs on about $200-B worth of Chinese imports, but he spared smart watches from Apple (NASDAQ:AAPL) and Fitbit Inc (NYSE:FIT) and other consumer products such as bicycle helmets and baby car […]

President Trump’s Chinese Tariff Announcement Dampen Sentiment

President Trump’s Chinese Tariff Announcement Dampen Sentiment

President Trump’s Chinese Tariff Announcement Dampen Sentiment $DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street dipped Monday, with tech shares leading the retreat, as investors prepared for another tranche of US tariffs on Chinese goods. This latest round of tariffs is expected to slap a duty of around 10% on $200-B worth of Chinese goods. Beijing […]

The Trump Tax Cut Driving Strong Business Investment

The Trump Tax Cut Driving Strong Business Investment

The Trump Tax Cut Driving Strong Business Investment Shipments of core capital goods rose 0.9% last month after an upwardly revised 0.9% gainer in June. US economy is growing at a 4.6% annualized rate in the third quarter following the government’s data on new-home sales and costs, the Atlanta Federal Reserve’s GDPNow forecast model showed […]

US Producer Price Index Flat, Restraining Inflation Fears

US Producer Price Index Flat, Restraining Inflation Fears

US Producer Price Index Flat, Restraining Inflation Fears $DIA, $SPY, $QQQ, $RUTX, $VXX US wholesale prices were unchanged in July after 2 months of increases, indicating inflation pressures have softened a bit. Thursday, the Labor Department said that the PPI (producer price index) which measures price changes before they reach the consumer increased 3.3% last month […]

China’s Trade Grows in June Despite Dust-up with US

China’s Trade Grows in June Despite Dust-up with US

China’s Trade Grows in June Despite Dust-up with US $ZTCOF ZTE Corp (OTCMKT:ZTCOF), China’s 2nd-largest telecommunications equipment maker to resume business. China’s trade grew by 2X digits in June despite mounting tensions with the US but the government warned it will face “rising instabilities and uncertainties.” Customs data Friday showed exports rose 11.3% over a […]

President Trump’s $500-B Trade Threat Hammering China Investors

President Trump’s $500-B Trade Threat Hammering China Investors

President Trump’s $500-B Trade Threat Hammering China Investors $DIA, $SPY, $QQQ, $RUTX, $VXX Now, with 6 months of wrangling over trade tariffs with the United States has wiped out 22% and counting of China’s stock market value and driven its currency down sharply. Those moves are just the beginning on what may be coming. Shanghai’s benchmark […]

President Trump Staking US Trade Position Vs China and the World

President Trump Staking US Trade Position Vs China and the World

President Trump Staking US Trade Position Vs China and the World The US trade figures for February that were released this week and showed a widening deficit. President Donald Trump’s policies over the past year have been calculated to increase the size of the US trade and current account deficits. One could easily say that the […]

The Trump Effect: Global Growth, USD, Drive Durable Goods Orders Up

The Trump Effect: Global Growth, USD, Drive Durable Goods Orders Up

The Trump Effect: Global Growth, USD, Drive Durable Goods Orders Up Orders for long-lasting manufactured goods rose 2.9% in December, the fastest pace since June and another sign of strength for American industry under President Trump’s policies, the Commerce Department said Friday. Orders were lifted by a 15.9% spike in demand for civilian aircraft and […]

Our Elegant First Lady, Melania Trump, Driving Sales of Luxury Goods

Our Elegant First Lady, Melania Trump, Driving Sales of Luxury Goods

Our Elegant First Lady, Melania Trump, Driving Sales of Luxury Goods US First Lady Melania Trump has reopened style, elegance and luxury world over at the weekend G7 Summit of wealthy nations in Italy.  There the First Lady was dressed in the most exclusive haute couture that come from the highest level of 1-off hand […]

Hermes (HRMS:PA) Record Profits Signal Recovery in Luxury Sector

Hermes (HRMS:PA) Record Profits Signal Recovery in Luxury Sector

Hermes (HRMS:PA) Record Profits Signal Recovery in Luxury Sector French luxury goods group Hermes (HRMS.PA) said it started this year on a solid ground after announcing record Y 2016 profits Wednesday, providing further evidence of a broader recovery in the luxury goods industry. Hermes, known for its $10,000 Birkin bags and $400 printed silk scarves, […]

Dubai Expo 2020 to Allocate $1.36-B of Contracts to SMEs

Dubai Expo 2020 to Allocate $1.36-B of Contracts to SMEs

Dubai Expo 2020 to Allocate $1.36-B of Contracts to SMEs Opportunities for SME participation extend beyond the physical expo site and six-month duration of the event, according to Expo 2020 Dubai has announced that 20% of direct and indirect spending on the Expo 2020 event will be allocated to small and medium enterprises. Under the […]

M-Commerce is “Retail in Your Pocket”

M-Commerce is “Retail in Your Pocket”

M-Commerce is “Retail in Your Pocket” $WMT, $BAC Back in Y 1997 at the launch of the Global Mobile Commerce Forum, Kevin Duffey coined the phrase ‘Mobile Commerce” meaning “the delivery of electronic commerce capabilities directly into the consumer’s hand (pocket), anywhere, via wireless technology.” I took that to mean a retail outlet in your consumer’s pocket. […]

US Consumer Spending, Residential Investment Driving a Weak Economy

US Consumer Spending, Residential Investment Driving a Weak Economy

US Consumer Spending, Residential Investment Driving a Weak Economy $DIA, $SPY, $QQQ, $VXX The demand side of the US GDP accounts shows that the nations economic engine has 6 cylinders, they are: consumer spending residential investment capital spending inventories net exports government spending. In recent Quarters, it seems like most of the US economy’s power […]

Philippines Seeing Strong Domestic Demand

Philippines Seeing Strong Domestic Demand

Philippines Seeing Strong Domestic Demand Continued demand for capital and consumer goods drove imports growth of 11.7% in March this year, the National Economic and Development Authority (NEDA) said this week. The agency reported that imports reached US$6.4-B from 5.7-B in the same frame last year. “This is on account of higher purchases of capital […]

PETA’s Protest, Buy Shares In Luxury Goods Makers

PETA’s Protest, Buy Shares In Luxury Goods Makers

PETA’s Protest, Buy Shares In Luxury Goods Makers $PRDSY, $LVMUY PETA is officially Prada’s (OTCMKT:PRDSY) latest shareholder and they are already pushing for some big changes. The US animal rights organization, also known as People for the Ethical Treatment of Animals, is staging a series of protests against the luxury brand’s use of fur, saying […]