We are Seeing the Best Recovery in the Country’s History, It is Not the Time to Change ‘Our Pilot’

We are Seeing the Best Recovery in the Country’s History, It is Not the Time to Change ‘Our Pilot’

#PresidentTrump #economy #GDP #WhiteHouse #vote Hailing “a red-hot economy” that “continues to sizzle,” economist Steve Moore set extremely high expectations for the Quarterly growth and it more than 2X’d as expected. This week we got the blockbuster number on GDP growth at 33.1% “The previous record in the last 75 yrs was 1952 when we […]

President Trump’s Economy Plan a “Clear Contrast” Vs Joe Biden’s

President Trump’s Economy Plan a “Clear Contrast” Vs Joe Biden’s

#PresidentTrump #economy #recovery #taxcuts #strongathome #strongabroad $DIA $SPY $QQQ $RUTX $VXX There is a “clear contrast” between President Trump’s economic goals if he’s elected to a 2nd term in office and those that Democratic nominee Joe Biden has planned, National Economic Council Director Larry Kudlow said. “We have published that plan in 1 of the […]

US GDP Will Show Biggest Growth since WWII Just Prior to the Election

US GDP Will Show Biggest Growth since WWII Just Prior to the Election

#PresidentTrump #GDP #election #economy #recovery #roaring #virus “The choice facing America is simple: It is the choice between historic prosperity under my pro-American policies, or crippling poverty and a steep depression under the radical left,” President Trump said in a speech to the Economic Club of New York. Adding, “Under my continued leadership, we will […]

Commentary: Paul Ebeling on Wall Street, Counting Down to the Election

Commentary: Paul Ebeling on Wall Street, Counting Down to the Election

#PaulEbeling #WallStreet #economy #growth #Bulls #Bears #money #virus $DIA $SPY $QQQ $RUTX $VXX “Americans are Happy, they are doing ‘The Trump’”— Paul Ebeling Last week’s action US stocks opened Thursday with a gap to near support.to bounce stocks back upside testing rebound we will be able see if the leaders will break higher, they did setting […]

The Majority of Americans Feel Better Off than 4 Yrs Ago

The Majority of Americans Feel Better Off than 4 Yrs Ago

#Americans #BetterOff #TrumpPolicies $DIA $SPY $QQQ $RUTX $VXX Gallup recently released a poll where it asked Americans how they feel about their circumstances today as opposed to 4 yrs ago. Thus, proving the Trump Policies work. And even with The China Act of War Virus, the resulting instant recession and the ongoing division surrounding the upcoming elections, […]

Commentary: Paul Ebeling on Wall Street, Counting Down to the Election

Commentary: Paul Ebeling on Wall Street, Counting Down to the Election

#PaulEbeling #WallStreet #economy #growth #Bulls #Bears #money #virus $DIA $SPY $QQQ $RUTX $VXX “The success of The Trump Economy, and it is strong, is the stock market’s driver”— Paul Ebeling Last week’s action The Black Swan has flown away, President Trump is Covid immune and back in full swing. Last Friday, not much was scheduled, but […]

Australia’s Plan to Recover from Deep Recession

Australia’s Plan to Recover from Deep Recession

#Australia #recession #recovery Australia’s Treasurer Josh Frydenberg said Wednesday that the tax cuts forming the centrepiece of the country’s annual budget will not come into effect until December. Mr. Frydenberg Tuesday announced A$17.8-B in personal tax cuts and A$5.2-B in new programs to boost employment in a plan aimed at helping the China virus-ravaged economy […]

Precious Metals Investing, Gold or Silver, Which 1 or Both

Precious Metals Investing, Gold or Silver, Which 1 or Both

#gold #silver #investing $XAU $XAG #GLD $SLV $PLAT $USD The Advantage of Investing in Both Gold and Silver Investing in both gold and silver may well provide the best of both worlds. As the investor can benefit from the price stability and long-term growth of gold, while still being able to benefit from silver’s ability […]

PM Morrison Vows “Titanic Effort” to Lift Australia’s Economy

PM Morrison Vows “Titanic Effort” to Lift Australia’s Economy

#Australia #economy #coronavirus Prime Minister Scott Morrison says the Australian budget, to be delivered on 6 October, will be a “titanic effort” to return the country to economic growth hammered by the coronavirus chaos. PM Morrison told reporters Sunday that the budget will the “most unprecedented investment in Australia’s future.” Australia’s GDP shrank 7% in […]

Increasing Bullishishness Dovetails with Savvy Wall Street Strategists

Increasing Bullishishness Dovetails with Savvy Wall Street Strategists

#WallStreet #Bullishishness #VIX #coronavirus $DIA $SPY $QQQ $RUTX $VXX The fear on Wall Street is fading, as stocks continue their unprecedented Bull run in the midst of the global coronavirus chaos. The Cboe Volatility Index (VIX), or “fear gauge,” is near its lowest mark since late February and options markets are showing diminishing concerns of […]

President Trump Inherited “Worst, Slowest Economy Since the Great Depression”

President Trump Inherited “Worst, Slowest Economy Since the Great Depression”

#PresidentTrump #economy #GreatDepression #ChinaTrade Democrats are blaming President Trump for the country’s economic problems that have been happening since the coronavirus chaos began, but the fact is that The Trump Aadministration “inherited the worst, slowest economy” since the Great Depression, White House economic adviser Larry Kudlow said Thursday.  “Yeah, sure, blame him for the virus […]

The Trump Team Handled Coronavirus Chaos Magnificently, Market Responded With Record Bull Run

The Trump Team Handled Coronavirus Chaos Magnificently, Market Responded With Record Bull Run

#PresidentTrump #economy #Coronavirus #BullMarket $DIA $SPY $QQQ $RUTX $VXX President Trump and his economic team have handled and are handling the economy “magnificently” during the coronavirus chaos, and there is no doubt that a V-shaped recovery is happening The S&P 500 closed at a record high Tuesday while rebounding from huge losses triggered by The Virus Chaos. […]

Housing, Auto Demand Are Standouts in V-Shaped Recovery

Housing, Auto Demand Are Standouts in V-Shaped Recovery

#housing #automobiles #consumers #recovery $DIA $SPY $QQQ $RUTX $VXX Clearly, record low interest rates has helped revive the US markets for housing and autos standouts in the economy as it gains traction. Sales of new homes in June ran at their fastest pace in 13 yrs, leaving builders and the construction workers they employ with […]

Warning: Australia’s Economy to Shrink 7% in Q-2

Warning: Australia’s Economy to Shrink  7% in Q-2

#Australia #economy #shrink #recession #depression #unemployment #recovery #C19Coronavirus $AUD Thursday, Australia warned that its economy shrank at its fastest pace in history during Q-2, while the budget deficit will be the biggest since WWII as the country battles to contain the impact of the C-19 coronavirus. The government has pumped tens of billions of AUDs […]

More Government Support Needed to Bolster US Economy, It is Coming

More Government Support Needed to Bolster US Economy, It is Coming

$DIA $SPY $QQQ $RUTX $VXX The continuing uncertainty brought on by the C-19 coronavirus chaos may hamper the US economic rebound from instant recession, and more fiscal and monetary support will likely be needed, Boston Federal Reserve President Eric Rosengren said Friday. Mr. Rosengren repeated his view that the US unemployment rate will likely be […]

What the Fed Said in ‘Five Easy Pieces’

What the Fed Said in ‘Five Easy Pieces’

Last Wednesday Fed Chairman Powell spoke showing he has the power to move markets when it comes to monetary policy and how to help deal with the current C-19 coronavirus chaos’s instant recession. The FOMC was not expected make any change regarding Zero interest rates and nothing really new on the Fed’s ongoing asset purchases […]

Marty Zweig: “Don’t fight the Fed and Don’t fight the Tape”

Marty Zweig:  “Don’t fight the Fed and Don’t fight the Tape”

$DIA $SPY $QQQ $RUTX From Marty’s advice I minted my own that I have closed nearly every weekly Redroadmaster Report for the past 22 yrs: “Always take what the market gives.” Often followed by: “Tune out the Noise!“ What that means Don’t fight the Fed means that you cannot fight a Fed boss who intends […]

This Market’s Q-1 Downdraft Created Massive Opportunities for Savvy Investors

This Market’s Q-1 Downdraft Created Massive Opportunities for Savvy Investors

$SPY $SPX $DIA $QQQ $RUTX $USO $VXX This V-shaped recovery in stocks illustrates how markets strong this market and how fast it recovered from the medical malpractice recession. For those of us that understood this it set up opportunities for massive gainers over a short frame. It also underlines the need to be nimble, pay […]

The Next Aid/Relief/Stimulus Legislation to Include Long-Term Economic Fixes

The Next Aid/Relief/Stimulus Legislation to Include Long-Term Economic Fixes

The next C-19 coronavirus chaos aid/relief/stimulus bill should include long-term measures to help fix the the great American economy. “We need to move from rescue assistance to more long-term economic growth incentives,” Larry Kudlow said in a TV interview Friday. He said the next stimulus package should feature measures that pay Americans more to “work, […]

History: US Market Responses During Major Protests and Tragedies

History: US Market Responses During Major Protests and Tragedies

$SPY There is a big gap between what is happening on the streets in America’s cities and the American stock market has confounded lots of both professional and retail investors, this is nothing new. Below is a overview of how similar frames of civil violence and political unrest have played out in the market throughout history, […]

Boeing (NYSE:BA) Leads the Broad Market Due North

Boeing (NYSE:BA) Leads the Broad Market Due North

$DIA $SPY $QQQ $RUTX $VXX Wall Street rallied Wednesday with the NAS Comp approaching record highs as signs of an economic recovery from the Medical Malpractice chaos instant recession. Financials, industrials and tech pushed the 3 major US stock indexes well into the Green. The S&P 500 and the NAS Comp each posted their 4th day […]

The Future of the Global Economy after COVID19

The Future of the Global Economy after COVID19

What does a post-COVID-19 economy look like? Based on the response we have seen to the crisis so far, some things are already becoming clear. The number of new COVID-19 infections seems to have peaked globally. While testing is quite uneven, this does offer the prospect the apex of the crisis is passing. More attention must be given to the nature […]

The Global Business Sentiment in the Wake of the COVID-19 Coronavirus

The Global Business Sentiment in the Wake of the COVID-19 Coronavirus

In McKinsey’s latest survey global executives report a gloomier outlook than a month ago, 67% expect a sizable contraction in the world economy, and a most predict declining company profits. The COVID-19 chaos spread quickly across and within geographies, and now executives share growing concerns about its economic impact and, varying by region, dramatic shifts in […]

This is what matters to investors, “Open the Economy Now!”

This is what matters to investors, “Open the Economy Now!”

$DIA $SPY $QQQ $RUTX $VXX More than 90% of our country “is not in harm’s way, the virus lockdown flat-out fraud on a massive scale,” said David Stockman, President Ronald Reagan’s former Director of Office of Management and Budget China Virus trading will go down in history for its high velocity. We have witnessed the […]

Global Money Managers Sitting on Huge ‘Cash Piles’

Global Money Managers Sitting on Huge ‘Cash Piles’

$SPY $SPX $USD $BAC Stocks may be recovering from their March lows, but investor pessimism over the health crisis’ economic damage is at very high marks with cash positions the highest since the 9/11 terrorist attacks, according to a Bank of America Corp. survey. Fund managers have shunned risk, with equity allocations the lowest since […]

Despite a Whole Lot of Awful Happenings, the US is Still Very Strong

Despite a Whole Lot of Awful Happenings, the US is Still Very Strong

$DIA $SPY $QQQ $RUTX $VXX Despite millions of jobless claims, despite most of the country being sequestered at home, despite a falling in GDP, and despite the scare and fear brought on by the coronavirus the major US market stock indexes have recovered 50% of their losses in just the last 2 wks. At the […]

Commentary: Paul Ebeling on Wall Street, This Bull Market Vs Coronavirus

Commentary: Paul Ebeling on Wall Street, This Bull Market Vs Coronavirus

$DIA $SPY $QQQ $RUTX $VXX Just In: Goldman Says US Stocks Have Likely Bottomed Unprecedented policy support and a flattening viral curve have “dramatically” cut risks, the bank said early Monday in a note. Despite the COVID-19 coronavirus, ‘new’ Bull market can run Last week was a shortened week, here is how it played US […]

America’s Voters Worry More About Recession Than Getting the Virus

America’s Voters Worry More About Recession Than Getting the Virus

America’s registered voters are more concerned about the US economy going into a recession than themselves contracting the coronavirus, according to the latest Fox News poll. The concern of a US recession beats personally catching the virus by 12%, including 23% among those very concerned. On the Big Question of being concerned about the US entering […]

We Must Be Optimistic About the Long-Term Impact of the ‘Covid Economy’

We Must Be Optimistic About the Long-Term Impact of the ‘Covid Economy’

“In the short run, we have to save lives and hibernate the economy. In the longer term we will have slower, but important changes. The pandemic raises appreciation for sick leave. We will fly less and, unfortunately, we will use less public transportation, but we will also work more from home, commuting and driving less. […]

Gold is the ‘Go To’ Asset in Times of Crisis

Gold is the ‘Go To’ Asset in Times of Crisis

$XAU $GLD Gold Dealers Report Big Shortages of Bars and Coins Most in Demand, as People Want to Buy Gold. Gold is seeking a steady mark for its next move North, as President Trump’s warning of a “very painful” time for the United States from the coronavirus and a fresh selloff on Wall Street sent […]

The Coronavirus Will Change America

The Coronavirus Will Change America

$DIA $SPY $QQQ $RUTX $VXX America is at War President Trump is commanding and the nation’s governors, mayors and industry leaders are acting in concert to mobilization efforts for the major conflict. As with all major Wars, this will change how Americans think, engage with the world, and behave. Since WWII, Western leaders have embraced globalization, governed by rules for equitable competition, […]

Coronavirus Shutdown is Not a Recession but an Investment in Survival

Coronavirus Shutdown is Not a Recession but an Investment in Survival

As the coronavirus sequesters millions of Americans and shuts down the US economy, it should be thought of as an investment in public health that lays the groundwork for a rapid rebound. That is the view of St. Louis Federal Reserve President James Bullard, who argues that a potential $2.5-T hit coming to the economy […]

The 1st Test of Our Economic Strength is a Man Made Virus

The 1st Test of Our Economic Strength is a Man Made Virus

$DIA $SPY $QQQ $RUTX $VXX This health emergency was dismissed at 1st as a fleeting risk to the US economy has turned into a full test of whether 20 yrs of planning, regulation and research has left the financial system resilient to a major shock and the Fed able to mount a rescue. Preparations for an […]

“Do Not Expect US Recession From Coronavirus”

“Do Not Expect US Recession From Coronavirus”

Treasury Secretary Steven Mnuchin said he does not expect the coronavirus tipping the US economy into recession, even though growth will slow. “Later in the year, obviously the economic activity will pick up as we confront this virus,” Secretary Mnuchin said Sunday on national television. Secretary Mnuchin spoke as many businesses in the US and […]

Key US Economic Indicators May Suffer ‘Virus Shock’

Key US Economic Indicators May Suffer ‘Virus Shock’

$DIS, $AMC, $MGM Official US indicators for employment, inflation and GDP may seem badly out-of-date as the rapidly spreading coronavirus outbreak wreaks havoc on the economy, as the Key data points are often a month behind. To give a more timely look, below are 5 Key indicators tracking how consumers are reacting to the crisis. […]

Global Markets and Commodities

Global Markets and Commodities

$GLD $XAU $OIL $USO $USD $MSCI Crude Oil and global equity markets bounced back after the Monday’s losses as the world’s biggest economies moved to cushion the impact of the coronavirus, but stock gains in Europe failed to hold as investors are still cautious. The price of Brent Crude Oil climbed 10% on hopes a […]

COVID-19: Briefing, 9 March 2020

COVID-19: Briefing, 9 March 2020

President Trump on Thursday signed an $8.3-B emergency funding package to fight COVID-19 A number of outcomes is possible, decision makers should not assume the worst. Fewer than 3 months have since China reported a new virus to the World Health Organization (WHO). The virus is known as SARS-CoV-2, causing COVID-19 disease, spread quickly in […]

Atlanta Fed Lifts Q-1 GDP Estimate to 2.7%

Atlanta Fed Lifts Q-1 GDP Estimate to 2.7%

$DIA $SPY $QQQ $RUTX $VXX DJIA +1293.96 at 26703.29, NAS Comp +384.80 at 8952.17, S&P 500 +136.01 at 3090.23 The major averages spiked Monday with the S&P 500 recording its 1st gainer since 19 February. The US economy is likely growing at a 2.7% annualized rate in Q-1, based on the latest economic data, the Atlanta Federal Reserve’s GDPNow forecast model showed Monday. […]

Market Looks Like it is Trading with a Recession in Mind, Though the Economy is Strong

Market Looks Like it is Trading with a Recession in Mind, Though the Economy is Strong

$DIA $SPY $QQQ $RUTX $VXX The US economy grew moderately in Q-4, the government confirmed, and may be facing a rocky road in early Y 2020 on the notion that coronavirus will hobble it, and bring on a recession. The economy grew by an unrevised 2.3% in Y 2019, the slowest annual growth in 3 […]

US Economy Roars Because President Trump Shredded Hussein Obama Stagnation Policies

US Economy Roars Because President Trump Shredded  Hussein Obama Stagnation Policies

$DIA $SPY $QQQ $RUTX $VXX FLASH: The notion that Mr. Hussein Obama is responsible for today’s good economy is Bunk!. The US robust economy is the best it has been in more than 10 years, it is due entirely to President Trump’s policies which include shedding the former president’s policies. Fact: Had Mr. Hussein Obama […]

The Yield Curve and Gold’s Price

The Yield Curve and Gold’s Price

$XAU $GLD When the spread between 10-yr and 3-mo Treasuries bottomed out, the price of gold rose above 1,580. And the current fears about coronavirus may support it in the short-term. However, fears about prior virus outbreaks were overblown as is this 1, and the current anxiety looks to be temporary. The yield curve has […]

2020 Black Swan, China Virus Impact May Help US Job Market

2020 Black Swan, China Virus Impact May Help US Job Market

Thursday, US Commerce Secretary Wilbur Ross said he does not want to take a “victory lap” concerning the deadly coronavirus outbreak, but he speculated that the disease will help “accelerate” the return of jobs to the United States. “The fact is, it does give businesses yet another thing to consider when they go through their […]

2020 Davos:”Cash Is Trash,” Investors Should Put Money in Stocks

2020 Davos:”Cash Is Trash,” Investors Should Put Money in Stocks

$SPY, $SPX Investment Wizard Ray Dalio urges all investors to dump cash for a diversified portfolio, explaining that they should not miss out on the strength of this long running Bull market. “Cash is trash,” Mr. Dalio said on TV. “Get out of cash. There’s still a lot of money in cash (on the sidelines),” he said. […]

Opioid Crisis: a Perfect Storm of Poverty, Trauma, Availability and Pain

Opioid Crisis: a Perfect Storm of Poverty, Trauma, Availability and Pain

In a January 2020 article in The Atlantic, “researchers … say opioid addiction looks like the result of a perfect storm of poverty, trauma, availability and pain.” Commenting on some of the research cited in that article, David Powell, senior economist at Rand, told The Atlantic that to produce the most lethal drug epidemic America has […]

2020: No Chance of Recession

2020: No Chance of Recession

Barron’s annual roundtable of 10 veteran investors and economists agree that there’s almost no chance of a recession this year. The roundtable’s view of stocks is decidedly, albeit cautiously, optimistic, Barron’s reported. The 10 experts “all spoke of high valuations and noted a lack of catalysts to drive stocks higher. That led to some bemoaning that […]

2020: USA, No Recession, Steady Economy, Low Inflation

2020: USA, No Recession, Steady Economy, Low Inflation

$DIA $SPY $QQQ $RUTX $VXX US stocks will continue to rise this year on very little chance of a recession, and low inflation driving steady economic growth, with real GDP growing around 2.0%, and inflation remains below 2.0%. That is our outlook for Y 2020. We do not see a recession in this year’s US […]

2020: Fed Last Month Saw a Declining Risk of Recession

2020: Fed Last Month Saw a Declining Risk of Recession

$DIA, $SPY, $QQQ, $RUTX, $VXX The Trump policies are working to Make and Keep America Great! The Fed’s FOMC policy making committee saw much less risk of recession at its most recent meeting last month, when it kept interest rates steady after 3 straight cuts and signaled that it expected to keep low rates unchanged […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX Am seeing earnings revival boosting stock rally in Y 2020 But 1st, this is what happened last week: The Federal Open Market Committee (FOMC) has held steady and is not going to raise rates in Y 2020. Chairman Powell is also open to bond purchases. The Consumer Price Index (CPI) […]

The Gold Rush Flying Under Wall Street’s Radar

The Gold Rush Flying Under Wall Street’s Radar

$GLD, $XAU, $AGGFF The Dutch Central Bank recently argued in an article that if there were to be a major monetary reset, “gold stock can serve as a basis” to rebuild the global monetary system. Investor Ray Dalio recently cautioned attendees at the Institute for International Finance conference when he mentioned the possibility of a […]

Trade is the Key Issue…

Trade is the Key Issue…

The 2 biggest players in the US economy will take the stage this week, as President Trump and Fed Chairman Powell speak amid signs the nation’s trade war with China may be thawing. President Trump will deliver a speech at the Economic Club of New York Tuesday, with investors hoping he sheds light on a […]

Commentary: Merkel Needs President Trump to End the Trade Dispute

Commentary: Merkel Needs President Trump to End the Trade Dispute

$VLKAY, $BMWYY, $DDAIF The German economy is at the cusp of recession Now 30 yrs after the fall of the Berlin Wall, and 29 years after Germany was reunified into 1 country, Europe’s strongest economy is facing significant headwinds that risk spilling over into the rest of the EU and the world The closely watched […]

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 […]

No US Recession Ahead

No US Recession Ahead

$GS The chances that the US economy skids into a recession are “not significant” near term as American households extend the expansion and trade tensions appear to be easing, the CEO of Goldman Sachs Group Inc (NYSE:GS) said in an interview. “I’ve said that I still think the chance of a U.S. recession between now […]

The Lagarde Era at the ECB Begins

The Lagarde Era at the ECB Begins

The Christine Lagarde-era at the European Central Bank (ECB) is underway and the new President gets her 1st chance to frame her outlook for the economy and monetary policy publicly Monday. Ms. Lagarde, who took the mantle on 1 November from Mario Draghi, will speak in Berlin at a time when policy makers at the […]

Impeachment is All About Stopping ‘The Trump Economy’

Impeachment is All About Stopping ‘The Trump Economy’

The Pelosi/Schiff House led impeachment investigation Vs President Donald Trump is all about the collapsing the economy. “This economy is the best economy in 30 years,” Christopher Ruddy said in a TV interview Thursday, referencing the insights of Yale economist Robert Shiller. “He is not known for being a Republican,” Mr. Ruddy said. “An incredible […]

Brexit-facing UK economy shrinks but set to avoid recession

Brexit-facing UK economy shrinks but set to avoid recession

Britain’s Brexit-facing economy shrank in August, official data showed Thursday, but analysts say a better-than-expected July is expected to help it avoid recession. Gross domestic product — the combined value of all goods and services produced in the economy — slid 0.1 percent in August from July, the Office for National Statistics said in a […]

EU Envious of President Trump’s Strong US Economy

EU Envious of President Trump’s Strong US Economy

As tariffs loom on $7.5-B worth of tariffs on European goods, leaders in those countries “respect” President Trump and how his policies have worked to improve and grow the US economy, US Ambassador to Germany Richard Grenell said Friday.  “I’ll tell you one thing, they respect him,” Amb. Grenell said in a business interview, after […]

Trade Key Global Growth Risk, Recession Unlikely

Trade Key Global Growth Risk, Recession Unlikely

Incoming ECB President Christine Lagarde said the global economy is likely to dodge an outright contraction, though the trade tensions remain the Key threat to the growth outlook. “It is not in the baseline to have a recession,” Ms. Lagarde said in a TV interview Tuesday. “That said, it’s mediocre growth, it’s at risk because of essentially […]

Majority of Business Leaders Say President Trump Will Win in 2020

Majority of Business Leaders Say President Trump Will Win in 2020

More than 67% of North American CFOs (chief financial officers) surveyed by CNBC say President Trump will be re-elected in Y 2020. About a 25% believe former Vice President Joe Biden will win. This is the 1st time the CNBC Global CFO Council survey has asked executives about the upcoming elections. The survey also showed that a majority […]

American Voters See President Trump Has Taken Charge of the Economy, Having Effectively Sidelined the Fed

American Voters See President Trump Has Taken Charge of the Economy, Having Effectively Sidelined the Fed

Attention: Now what really matters is just what the President does and is going to do. President Trump blames the Fed for a slowing US economy, some blame it on him. A survey conducted with YouGov showed 28% of American adults believe the President in general is most responsible for the economy. That surpasses the […]

Fed Chairman Powell Does Not See Recession: Mission “Sustain Expansion”

Fed Chairman Powell Does Not See Recession: Mission “Sustain Expansion”

$DIA, $SPY, $QQQ, $RUTX, $VXX The stock market finished mixed Friday; the S&P 500 (+0.1%) and DJIA (+0.3%) closed just above unchanged, while the NAS Comp (-0.2%) and Russell 2000 (-0.4%) closed slightly lower. On Friday, Fed Chairman Jerome Powell said the most likely outlook for the US and world economy is continued moderate growth, […]

US Services Sector Says Economy Weathering Trade Dispute

US Services Sector Says Economy Weathering Trade Dispute

US services sector activity accelerated in August and private employers boosted hiring, suggesting the economy continued to grow at a moderate pace despite trade tensions which have stoked financial market fears of a recession. The upbeat reports Thursday took some of the sting from data this week that showed the manufacturing sector contracted for the […]

Betting Started: President Trump Will Forge China Trade Deal

Betting Started: President Trump Will Forge China Trade Deal

$AUD, $WON, $JPY, $USO, $BAC OK, the US -China not being not having a date-certain schedule for the September trade talks yet, now is a good time for you too to start thinking about betting on a trade deal, as it has begun. “I am still reasonably optimistic,” David Woo, head of global rates and foreign […]

Contrarian Indicators Signaling “It is time to buy stocks”

Contrarian Indicators Signaling “It is time to buy stocks”

$SPY, $XAU, $BAC, $JPL, $USB All US financial markets are closed Monday, in observance of Labor Day. It may have taken $204-B of equity outflows this year, but the BofAML Bull & Bear Indicator is finally flagging a contrarian “buy signal,” its 1st since 3 January. Bank of America Merrill Lynch (NYSE:BAC) is Bullish on […]

Wall Street Shares Dipped Tuesday, Gold Rallies on Recession Fear

Wall Street Shares Dipped Tuesday, Gold Rallies on Recession Fear

$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street dipped Tuesday, weighed down by financial stocks as a deepening of the Treasury yield curve inversion raised recession worries again, and uncertainty over the progress in trade negotiations between the United States and China. A deepening of the inversion in the yield curve between the 2-year and 10-year […]

Gold, Silver Up, USD Down, Safe-Haven the Focus

Gold, Silver Up, USD Down, Safe-Haven the Focus

$GLD, $SLV, $USD, $XAU, $XAG Gold rose more than 1% Tuesday as fears of a possible recession gripped investors following disappointing US economic data, while silver marked $18 for the 1st time in nearly 2 years. Spot gold was up 1% at $1,540.57 oz at 1:41p EDT (1741 GMT), US gold futures for December settled […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX Recession Special Report Bank of America’s (NYSE:BAC) CEO has just 1 reason why he does not see a recession looming. Mr. Moynihan says the “US consumer continues to spend and that will keep the US economy in good shape.” “But what is going to make that happen is the underling […]

President Trump: “Fed Could Fuel ‘Record-Setting’ Economy With Rate Cuts”

President Trump: “Fed Could Fuel ‘Record-Setting’ Economy With Rate Cuts”

$USD Thursday, President Trump said U economic growth could be record-setting if the Fed would lower interest rates further, as econ reports Thursday painted a mixed picture of the nation’s economy. “The Economy is doing really well. The Federal Reserve can easily make it Record Setting,” President Trump said on Tweeted. The government Thursday said initial claims […]

The ‘Inverted Yield Curb’ Explained

The ‘Inverted Yield Curb’ Explained

Traders and investors have been asking what is the “inverted yield curve”, this unusual bond market phenom came on briefly last week for the 1st time in over 12 years and shook Wall Street with talk that an economic downturn was imminent. Following a tweet from President Trump referencing the “CRAZY INVERTED YIELD CURVE!”, the […]

White House Believes Trade War Won’t Lead US Into Recession

White House Believes Trade War Won’t Lead US Into Recession

White House officials pushed back yesterday against concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States. ‘There is no recession in sight, White House economic adviser Larry […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH and Saying it Again: Stocks overreacted to the FOMC’s rate decision in the minds of investors, WH advisor calling for an emergency meeting of the committee to cut rates further. President Trump plays the tariff card to pressure Fed Chairman Powell, The market has become susceptible to every China headline, nothing new. […]

Stocks Rallied in Broad-based Advance

Stocks Rallied in Broad-based Advance

$DIA, $SPY, $QQQ, $RUTX, $VXX This week’s trade has been headlined by the yield-curve inversion theory, where the yield of shorter-dated debt rises above its longer-term counterpart. On Wednesday, the yield 10-yr T-Note rate briefly fell below the 2-year T-Note a condition that has sometimes been a recession indicator. The degree to which investors have crowded […]

Gold Headed to $2,300 oz, Stocks Seen Much Higher Too

Gold Headed to $2,300 oz, Stocks Seen Much Higher Too

$DIA, $SPY, $QQQ, $RUTX, $VXX, $XAU, $GLD The US stock market finished mixed Thursday, as investors weighed the resiliency of the US consumer Vs growth concerns. The S&P 500 (+0.3%) and DJIA(+0.4%) finished higher, while the NAS Comp (-0.1%) and Russell 2000 (-0.4%) finished lower. The overall uncertainty from the US-China trade dispute is high […]

Tame Producer Inflation Supports Case for Another Fed Rate Cut in September

Tame Producer Inflation Supports Case for Another Fed Rate Cut in September

US producer prices increased moderately in July, lifted by a rebound in the cost of energy products, while underlying producer inflation retreated, which could allow the Fed to cut interest rates again next month. The benign inflation report from the Labor Department on Friday could boost expectations for a half-percentage-point cut at the Fed’s 17-18 Sept. policy […]

President Trump, “Fed Behind Market Turmoil, Not Trade War”

President Trump, “Fed Behind Market Turmoil, Not Trade War”

$DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, President Trump targeted Fed policy as the reason for this recent market turmoil. In raising interest rates 4X last year “the Federal Reserve acted far too quickly, and now is very, very late,” in reversing itself and cutting borrowing costs, President Trump tweeted. “Too bad, so much to gain on […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Stocks overreacted to the FOMC’s rate decision in the minds of investors, WH advisor calling for an emergency meeting of the committee to cut rates further. President Trump plays the tariff card to pressure Fed Chairman Powell, . The market has become susceptible to every China headline, nothing new. […]

Savvy Money is Betting Both Sides of the US-China Trade Dispute

Savvy Money is Betting Both Sides of the US-China Trade Dispute

$SPY, $SPX Hedge-fund billionaire Ray Dalio advised savvy investors to bet on “both horses in the race” amid rising trade tensions between the US and China. He argued that investors still have a historic opportunity to buy into China as it opens up its markets to foreign investments. “Would you have not wanted to invest with […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Last week the market was in consolidation mode and tested the 50-Day MA’s and bounced and… Employment report showed solid jobs growth in July Major averages found buying support at 50-Day MAs INDUSTRY WATCH Strong: Real Estate, Utilities, Consumer Staples Weak: Information Technology, Energy, Materials The CBOE Volatility Index has […]

ECB Vs Fed in ‘Undeclared’ Currency War…Tensions Rising

ECB Vs Fed in ‘Undeclared’ Currency War…Tensions Rising

FLASH: Fed policy makers reportedly are being forced to cut interest rates because of the European Central Bank’s much-lower policy rate. If losing demand to Europe weakens US growth and threatens to push inflation too low, US rates also must also fall. “The ECB’s policy rate, at minus 0.4%, is already nearly 3 percentage points […]

Gold is ‘The Defense’ Vs Falling USD and Recession

Gold is ‘The Defense’ Vs Falling USD and Recession

$GLD, $GDX, $XAU, $USD FLASH: Gold is in Vogue while this new fresh wave of monetary easing blows a bubble in risk assets, aka “always take what the market gives” Note: On 26 July, the European Central Bank (ECB) made an announcement that could have an impact of future gold prices. According to Reuters, European […]