World Stock Markets Running Due North, China Will Stimulate

World Stock Markets Running Due North, China Will Stimulate

#WallStreet #trend #bullish #ISM #C19coronavirus #FakeNews #stocks #markets $DIA $SPY $QQQ $RUTX $VXX The S&P 500 rose 1.6% Monday in a Bullish start to the week, but it was the NAS Comp (+2.2%) and DJIA (+1.8%) that gained the advantage on the day. The NAS closed at another record high, the Russell 2000 underperformed the […]

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 […]

Factory Orders Off, as Shipments Post Largest Decline in 2 Years

Factory Orders Off, as Shipments Post Largest Decline in 2 Years

FLASH: New orders for US made goods fell in April and shipments dropped by the most in 2 years, indicating continued weakness in manufacturing activity that could undercut the broader economy. Factory goods orders declined 0.8%, pulled down by soft demand for transportation equipment, computers and electronic orders, and primary metals, the Commerce Department said Tuesday.  […]

“Enormous Confidence” Driving US Economic Growth

“Enormous Confidence” Driving US Economic Growth

“Enormous Confidence” Driving US Economic Growth “President Trump is a growth guy and he has launched a boom that nobody thought possible.” The National Economic Council Director Larry Kudlow says “enormous confidence” just one of the many factors driving robust economic growth, which he does not expect to stop anytime soon. “I’ll start with the […]

Atlanta Fed Lifts Q-2 GDP View to 4.1%

Atlanta Fed Lifts Q-2 GDP View to 4.1%

Atlanta Fed Lifts Q-2 GDP View to 4.1% The US economy is growing at a 4.1% annualized rate in Q-2 following the latest data on consumer spending, the Atlanta Federal Reserve’s GDPNow forecast model showed Monday. The latest estimate on gross domestic product growth was slower than the 3.7 percent pace estimated Friday, the Atlanta Fed said. […]

The US Economy is Rolling Along on Truck Tires

The US Economy is Rolling Along on Truck Tires

The US Economy is Rolling Along on Truck Tires Real GDP may be starting to do so at a faster speed now, exceeding the so-called 2% “stall speed,” which was the so-called “New Normal” from mid-2010 through Q-1 of Y 2018 Consider the following: A Supercharged Quarter: Friday, the Atlanta Fed’s GDPNow model boosted the Q2-2018 real […]

US Stock Indexes Post Record Highs Despite Las Vegas ‘Horror’ 

US Stock Indexes Post Record Highs Despite Las Vegas ‘Horror’ 

US Stock Indexes Post Record Highs Despite Las Vegas ‘Horror’ $DIA, $SPY, $QQQ, $VXX The S&P 500 and the DJIA traded just below record highs touched at the open Monday, in a strong start to Q-4, boosted by financials and healthcare stocks and after economic data pointed to underlying strength in the economy. Shares of […]

US Manufacturing Beat Estimates in September, Hit 13.5 Yr Highs

US Manufacturing Beat Estimates in September, Hit 13.5 Yr Highs

US Manufacturing Beat Estimates in September, Hit 13.5 Yr Highs September ISM Index (actual: 60.8 consensus: 57.8; prior: 58.8) August Construction Spending (actual: 0.5%; consensus: 0.2%; prior: -1.2%) A measure of US manufacturing activity surged to a near 13.5-year highs in September as disruptions to the supply chains caused by Hurricanes Harvey and Irma resulted in […]

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, […]

Confident Consumers Do Not Always Spend More

Confident Consumers Do Not Always Spend More

Confident Consumers Do Not Always Spend More $DIA, $SPY, $QQQ, $VXX US Consumer confidence is on the rise, Friday the University of Michigan Indicator (MSI) marked a 12 year high. But, that does not mean that retailers should expect an overly merry holiday season, as far as actual retail sales and consumer-spending numbers are concerned. […]