$DIA, $SPY, $QQQ China and the United States agreed to hold high-level trade talks in early October in Washington, China’s commerce ministry said Thursday. The announcement followed a call earlier in the day between China’s Vice Premier Liu He and US Trade Representative Robert Lighthizer and U Treasury Secretary Steven Mnuchin, the Ministry of Commerce […]
$MS, $GS Morgan Stanley (NYSE:MS) analysts said Monday that they now expect the Federal Reserve to cut rates in September and then again in October. “Trade’s ‘simmer’ has begun to boil, business sentiment and capex have softened further, global growth remains weak and inflation expectations have fallen,” while the gap between 3-month US3MT=RR and 10-year […]
Democrats Do Not Have the Power to Sway Economy Even With Midterm Upset $DIA, $SPY, $QQQ, $RUTX, $VXX US President Donald Trump warned that if Democrats regain political power in the midterm Congressional elections, the US economy could implode, because: Democrats would push tax hikes and environmental restrictions that stifle growth. Undocumented immigrants would steal […]
US Construction Spending Rises 1.4%, Best Gainer in 5 Months U.S. construction spending surged 1.4% in October, the best gain in 5 months, with all major categories of building posting gains. The October spending increase was the 3rd monthly gainer after more modest advances of 0.3% in September and 0.5% in August, the Commerce Department said […]
America’s Small-Business Optimism Still Very High $DIA, $SPY, $QQQ, $VXX More small-business owners last month said they expect higher sales and think that now is a good time to expand, according to the October NFIB Index of Small Business Optimism, released Tuesday. “Owners became much more positive about the economic environment last month, which suggests […]
The Week Ahead on Wall Street $AYI, $DRI, $STZ, $GPN, $MON, $YUM Q-4 (October) started Saturday, the month infamous for the Y 1929 and the & 1987 crashes. October is also notable for this Key reason: the performance of Standard & Poor’s 500-stock index from 31 July to 31 October has a way of predicting […]
October Stock Market Events: The Panic of 1907, Crash of 1929, Black Monday 1987 $SPY October is also notable for this Key reason: the performance of Standard & Poor’s 500-stock index from 31 July to 31 October has a way of predicting the Winner of the Presidential election. Tte pattern is solid, as shown in […]