$BAC Bank of America (NYSE:BAC) CEO Brian Moynihan says he thinks the US economy is beginning to recover from shutdowns tied to the C-19 coronavirus chaos. Mr. Moynihan cited consumer spending figures from the millions of households using his lender’s credit and debit cards: While transactions collapsed by about 30% in April, it was down […]
$DIA $SPY $QQQ Some Wall Street heavyweights who President Trump dubbed ‘rich guys’ last week may sound alarmed about stocks, but some of the world’s biggest investors are holding on or boosting their holdings. Money managers and strategists at Capital Group, Franklin Templeton and BlackRock Inc., which together oversee about $8.8-T, say stocks remain attractive […]
Last Wednesday a temporary travel ban was imposed on all UAE citizens. Similarly, those who are UAE residents who are out of the country will not be allowed to re-enter the UAE for the next 2 weeks. And as of 17 March all entry visas to the United Arab Emirates have been suspended. While visas on arrival were […]
$DIA $SPY $QQQ $RUTX $VXX Thursday the S&P 500 advanced 0.5% in a session that saw it fall as much as 3.3% early and gain as much as 2.9% in the afternoon. The DJIA rose 1.0%, while the NAS Comp (+2.3%) and Russell 2000 (+6.8%) were the big movers today on strong gains in technology […]
$EYE, $CSGP, $LOW, $ALLY, $PYPL, $VRTX Going into Y 2020, the market is optimistic that economic growth can continue, especially with diminishing tariff pressures and a Fed on hold. Morningstar has identified some of the best performing fund managers, all of whom beat their benchmarks both in Y 2019 as well as on a longer-term […]
It has been proven that gratitude increases happiness, so be grateful for all the little things in life. In 1 study, participants were divided into 3 groups and 1 group was instructed to write about things that had happened during the week they were grateful for. The 2nd group wrote about things that had displeased […]
FLASH: China issues report blaming US for trade dispute, asserts desire for further talks. China’s struggling to save face. The latest US tariffs on Chinese imports will not resolve the 2 countries’ trade issues, and the United States bears responsibility for setbacks in the talks process, a policy paper published by the Chinese government said […]
China and the US have agreed to hold more trade talks in Beijing, Vice Premier Liu He said as President Trump ordered his trade Chief to begin the process of imposing tariffs on all remaining imports from China. Mr. Liu voiced some optimism on reaching a deal, but said there were “issues of principle” on […]
$SPY UPDATE: China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as President Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China. Mr. Liu voiced a measured optimism on reaching a deal, but said there were […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The majority of wealthy American investors are optimistic about US stocks, but are still sitting huge piles of cash, according to a UBS Group AG survey. That positive outlook holds with 57% of the survey’s US respondents. The survey, conducted in March, targeted investors with at least $1-M in […]
Larry Kudlow, the Top White House economic adviser said Tuesday the United States and China were making progress in trade negotiations and he is “cautiously optimistic” about the prospects for striking a deal. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing for trade talks beginning 30 April, the White House […]
US consumers expect prices to rise more slowly, according to the Federal Reserve Bank of New York, a decline in inflation expectations in February that likely reinforces policymakers’ reluctance to hike rates. It showed 1 and 3 year ahead inflation expectations were down 0.2 percentage points to 2.8% last month, with sharp declines in expected […]
Wednesday, White House economic adviser Larry Kudlow says there’s “hope” that President Trump and Chinese President Xi will meet soon to finalize an agreement officials are optimistic a trade deal will be forged soon. “I don’t want to go into a timeline. There is hope that perhaps by the end of this month or early […]
$JMP, $GS, $USD FLASH: Jamie and ‘Goldie’ have different outlooks JPMorgan (NYSE:JPM) CEO Jamie Dimon does not agree with economic doomsayers. The boss of the largest US bank acknowledged a growing number of potential obstacles to the economy that carried his firm to record profits last year. That caution was reflected in JPMorgan Chase & […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The Pain Trade continues, on broad-based advance that had all 11 S&P 500 sectors finished higher on the day. Almost 80% of S&P 500 companies having reported Q-4 earnings so far. Analysts now see a profit increase of 16.2% for the Quarter, according to Refinitiv data. President Trump’s policies […]
President Trump expressed optimism that US-China trade talks in Beijing are progressing well. Chinese authorities to give a statement following the latest round of negotiations. “Talks with China are going very well!” President Trump tweeted on Tuesday as the 2nd day of mid-level meetings wrapped up. While the hosts indicated the talks would run Monday and Tuesday, […]
Highlights of Consumer Comfort or Week Ended 18 June 2018 Americans’ expectations for the economy advanced for a second month in June to match the highest Mark since Y 2002, the Consumer Comfort Index showed Thursday. Highlights of Consumer Comfort for Week Ended 18 June 2018 Monthly gauge of economic expectations increased to 56 from 54.5 Weekly consumer […]
US Consumer Sentiment Falls on Inflation, Rate-Hike Fears $DIA, $SPY, $QQQ, $VXX US Consumers remain optimistic about employment and the economy. US consumer sentiment in fell on expectations that inflation and interest rates will rise, according to a University of Michigan report Friday. Highlights of Michigan Sentiment Indicator (November, preliminary) Sentiment index dropped to 97.8 (est. 100.8) […]
Jamie Dimon Optimistic About the Future of US Economy $JPM Jamie Dimon CEO of JPMorgan Chase & Co. (NYSE:JPM) said he is optimistic about the global economy and the prospects for regulatory reform in the US under President Donald Trump. “Japan is growing more than it has grown in 15 years, Europe is doing well […]
“Thank You, Mr. President” Americans are Proud and Optimistic Again The Republican National Committee (RNC) Saturday marked President Donald Trump’s 100th day in the White House “with pride and optimism for what lies ahead.” “The administration took off on a fast paced and productive note and continues its steadfast commitment to deliver on the promises […]
Voters Believe President Trump Making America Prosperous Again Fully 54% of Americans are optimistic President Donald Trump doing a good job of making the US prosperous, compared to 41% who are convinced he will do poorly, a Gallup poll reveals. Below are the highlights of the survey, as follows: 89% of Republicans say he will […]
Be Optimistic, Live Happier, Live Longer Yes, Optimism promotes longevity, because having a positive outlook on life has been shown to be the most influential factor in longevity studies. Healthy behaviors cannot fully account for impact optimism has on mortality, but some researchers believe optimism has a direct effect on biological systems. While conventional medicine […]
Jamie Dimon Optimistic, Praises Donald Trump’s Cabinet Picks $JPM, $XOM JPMorgan Chase & Co.(NYSE:JPM) Jamie Dimon said he is optimistic about President Elect Donald Trump’s Administration because of the group of people he has assembled to fill his Cabinet. “If you want to win the game, put Tom Brady on the field,” Mr. Dimon, 60 […]
Small Business Conditions Expected to Improve Under Donald Trump $DIA, $SPY, $QQQ, $VXX US President Elect Donald Trump’s victory in the US elections is a leap for small businesses, according to a survey of owners. The November reading of the National Federation of Independent Businesses’ (NFIB) small business optimism index jumped to 98.4 from 94.9 […]
It is Time to Be Optimistic Again $SPY Donald Trump’s plans for the economy will boost deficits, interest rates and growth but also will create opportunities for ordinary investors, it is time for Americans to be optimistic again. Both Trump and Hillary Clinton promised sorely needed additional spending on roads and public structures, schools, railway […]
Dubai’s Real Estate Prices Expected to Rise in “Coming Months” Growth will be driven by the Emirate’s ‘Landmark’ Project, Khalalaf Al Habtoor said Property prices in Dubai will increase in the “coming months” despite the current stagnation in the market, businessman Khalaf Al Habtoor predicts. Prices will increase due to heightened demand for landmark projects […]
The AAII Sentiment Survey for the Frame Ended 25 May 2016 $DIA, $SPY, $QQQ, $VXX The AAII Investor Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the US stock market for the next 6 months, Individual members are polled from the ranks of the AAII membership weekly. Just […]