New Orders Surge, US Manufacturers Expand Pace $SOY, $UNG, $USD US manufacturers expanded at a faster pace in November as new orders surged, a positive sign for domestic economic growth heading into Y 2019. The Institute for Supply Management, an association of purchasing managers, said Monday its manufacturing index rose to 59.3 last month from 57.7 in […]
Philly Fed Survey: Trump Trade Disputes Barely Slows Manufacturers’ Investment Plans US Manufacturers in the northeast are largely shrugging off global trade disputes and plan to boost investments next year thanks to tax cuts, according to a Federal Reserve survey. More than 64% of business respondents in the Philadelphia Fed district said tariff and trade […]
US Jobless Claims Lowest Since 1969 $DIA, $SPY, $QQQ, $RUTX, $VXX The number of Americans filing for unemployment benefits dropped to a more than 48.5 year low last week as the labor market strengthens further. Other data Thursday showed manufacturing activity in the mid-Atlantic region accelerated in July amid a surge in orders received by […]
F1 Ends Without Ferrari (NYSE:RACE) on the Grid $RACE F1 absolutely cannot do without Ferrari; that’s the verdict from Nigel Mansell who feels the sports needs to hold onto its manufacturer teams. Last year Liberty Media’s (NASDAQ:LMCA ) blueprint for the way forward for F1 engines caused an uproar with the manufacturers, so much so […]
The Hussein Obama Era of Economic Surrender Is Over $DIA, $SPY, $QQQ, $VXX Stocks ended the Week, and the Quarter, on a high note, driving the S&P 500 (+0.4%) higher for the 4th session running to record highs, as The Trump Rally extends. US GDP Revised Up to 3.1% in Q-2, exceeding economists expectations Friday, […]
America’s Manufacturers Are Thriving Under President Trump $DIA, $SPY, $QQQ, $VXX America’s manufacturers are showing signs of fabricating some genuine momentum. The NAS Comp (QQQ) moved back into record territory, climbing 2.7% to close the week at a new all-time high Add to that, improvement among US builders and miners and the US is finally […]