“Fear is Driving Decline in US Consumer Activity”

“Fear is Driving Decline in US Consumer Activity”

#fear #sentiment #confidence #US #consumer #Fed #C19coronavirus Sunday, the head of the Federal Reserve Bank of Minneapolis said “fear” is the Key factor behind a distressing decline in consumer activity that signals a stalling of the economic recovery. In a TV interview Fed member Neel Kashkari said consumers have to feel safe from the C-19 coronavirus chaos […]

The US Economy is Experiencing a V-Shaped Recovery

The US Economy is Experiencing a V-Shaped Recovery

#economy #V-shaped #recovery A V-shaped recovery is commonly characterized by a quick and sustained recovery in measures of economic performance after a sharp economic decline.  “I think by the end of this year, you’re going to see a big rebound. And of course the stock market is telling us that. The market is telling us hey, we’re going to […]

The Economic Data Calls for More Aid/Relief/Stimulus

The Economic Data Calls for More Aid/Relief/Stimulus

#Aid/Relief/Stimulus #Congress #GDP #Fed #depression #economy US Treasury Mnuchin Calls on Congress to Pass more Stimulus this Month The economic data reported Thursday confirmed the enormity of the Q-2 blow suffered by the global economy and the challenges ahead. The longer Congress delays, the greater the risk that the stalled recovery will lead to a […]

How President Trump ‘Wins the War’ on 3 November

How President Trump ‘Wins the War’ on 3 November

#PresidentTrump #WhiteHouse #economics #politics #aid #relief #stimulus #C19coronavirus #GOP #MAGA #WinTheWar #House #Senate #vaccine #election Tuesday, President Trump resumed holding White House news conferences about the progress of the C-19 coronavirus chaos task force. But, this news conference was different from the past 1’s, when he was accompanied by Key task force members, this time […]

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 […]

Commentary: Paul Ebeling on Wall Street, It is Never too Late to Start Investing

Commentary: Paul Ebeling on Wall Street, It is Never too Late to Start Investing

#Bulls #PresidentTrump #investors #participants #stocks #bonds #Vshaped #recovery #rally #C19coronavirus #CDC #ThePeople #WallStreet #PaulEbeling $DIA $SPY $QQQ $RUTX $VXX Last weeks action Stocks were quiet going into Friday’s options expiry, after getting good news regarding vaccines Wednesday. The economic data was good, but jobless claims were off. The Governor of Texas said he is considering […]

Money Managers Still Holding Cash Amidst This Strong Market Recovery

Money Managers Still Holding Cash Amidst This Strong Market Recovery

#gold #stocks #commodities #bonds #cash #value #growth #C19coronavirus #election #volatility #Fed #risk #recovery $BAC After slashing cash piles by the most in a decade last month, fund managers with $570-B are hanging on to their dry powder amid this historic epic stock rally. Investors surveyed by Bank of America Corp (NYSE:BAC) boosted average cash holdings […]

Commentary: Paul Ebeling on Wall Street, the Bulls are Still in Charge

Commentary: Paul Ebeling on Wall Street, the Bulls are Still in Charge

#Bulls #PresidentTrump #investors #participants #stocks #bonds #Vshaped #recovery #rally #C19coronavirus #CDC #ThePeople #WallStreet #PaulEbeling $DIA $SPY $QQQ $RUTX $BLK $GS $MS #TROW $VXX What happened last week NASDAQ Leaders Lead the Bulls North NAS Comp leaders are in control, even if they are extended on this leg a bit.And lots of other stocks are setting […]

US Still Seeing V-Shaped Recovery Despite Some Setbacks

US Still Seeing V-Shaped Recovery Despite Some Setbacks

#VShapedRecovery #economy #C19coronavirus #recovery #NYSE #stockmarket #rally #bullish #resiliance $DIA $SPY $QQQ $RUTX $VXX The US economy is displaying remarkable resilience and is still seeing a “V-shaped recovery” despite some setbacks in efforts to reopen state economies that had been shuttered by the C-19 coronavirus. “At the moment, the story looks very good. We are […]

Arts & Crafts in North America on Recovery Track

Arts & Crafts in North America on Recovery Track

$MIK Michaels Companies (NASDAQ:MIK) is the largest Arts & Crafts retail chain in North America, it also owns several brands that enable it to offer arts, crafts, framing, floral, home décor and seasonal merchandise to decorators. MIK has made an impressive recovery during the last 3 months off a 18 March closing low at 1.00/share. […]

Expert Sees US Inflation Remaining Low for Years

Expert Sees US Inflation Remaining Low for Years

$DIA $SPY $QQQ $RUTX $VXX Inflation in the US is likely to come back slowly, keeping the Fed from raising interest rates for an extended period. Over the next couple of years, prices are likely to increase to the 2.3% to 2.4% level, as the Fed has learned its lesson from past interest rate increases […]

US Seeing a ‘Big V-shaped’ Economic Rebound Ahead

US Seeing a ‘Big V-shaped’ Economic Rebound Ahead

$DIA $SPY $QQQ $RUTX $VXX The US the economy has started to benefit from a V-shaped recovery Markets are benefiting from both liquidity and optimism that the C-19 coronavirus chaos will fade away or be contained. But, it take some time before we come all the way up and get back to Y 2019 marks. […]

JPMorgan Raises Auto Sector Price Targets on ‘V-shaped’ Recovery

JPMorgan Raises Auto Sector Price Targets on ‘V-shaped’ Recovery

$RACE $F $GM $TSLA $JPM The US auto market is back on track as fast as it fell, making the V-shaped recovery real. New vehicle sales and used vehicle prices are recovering in May and June almost as fast as they declined in March and April, according to JPMorgan. “We didn’t call it, nor did […]

US Housing Market Will Be a Leader in Economic Recovery Plus…

US Housing Market Will Be a Leader in Economic Recovery Plus…

$DIA $SPY $QQQ $RUTX $VXX … recently released figures indicate that retail sales in May increased by 17.7%, and that is the biggest monthly gainer ever. This number re-enforces the forecast that a V shaped recovery from the instant recession has begun. This means that as construction reopens we seeing the positives. Housing starts rose […]

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 […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA $SPY $QQQ $RUTX $IRJ $XLF $VXX Bulls believe in this recovery, drive Bears back, as the market rallies with each sign of economic recovery. Recall the Bears growled alarms about putting faith in the Fed and chasing shares whose valuations swelled to a 20-yr high. Last Week’s Action Friday’s NFPs jobs report says the resilience reflects not […]

This V-Shaped Recovery is Real

This V-Shaped Recovery is Real

$DIA $SPY $QQQ $RUTX $VXX As global share markets reversed off of their March lows many people have been struck by what they believe is a contradiction between the economic data and the market’s response. Doomsday stories of great depression unemployment, bankruptcies, collapsing earnings, are out of phase with the fact that stocks are at […]

“The US Economy Starting to Come Out of the Hole”

“The US Economy Starting to Come Out of the Hole”

$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 […]

Fed’s Report says Recovery will not be Fast

Fed’s Report says Recovery will not be Fast

The Fed’s Beige Book report took the temperature of business activity across its 12 US districts shedding light on the depth of the economic pain generated by The China Virus, which led to an instant and unprecedented downturn. The Fed’s survey, known as the “Beige Book,” was completed in April, when non-essential businesses were shut down in […]

“Fast Economic Recovery in Sight”

“Fast Economic Recovery in Sight”

$DIA $SPY $QQQ $RUTX $VXX Jamie Dimon sees “pretty good odds” of a fast economic recovery starting in Q-3 thanks to the US government’s stimulus programs and the strength of the consumer going into the Medical Malpractice chaos. “You could see a fairly rapid recovery,” the JPMorgan Chase & Co. CEO said Tuesday at a […]

As Uncertainty Fades, Confidence Grows…Overcome Fear

As Uncertainty Fades, Confidence Grows…Overcome Fear

Uncertainty about the continuing spread of the C-19 coronavirus makes people fear for their lives and their livelihoods. Uncertainty about their livelihoods makes them cautious about spending. And under high uncertainty, business leaders find it impossible to make reliable plans for investment. This uncertainty is toxic for our economic recovery. The objective now must be […]

The C-19 Coronavirus Chaos and Gold

The C-19 Coronavirus Chaos and Gold

$XAU $GLD $VXX $USD The Big Q: How High is Too High for the precious Yellow metal? Q-1 of Y 2020 was positive for gold prices, as the chart below shows. The precious Yellow metal gained 6.2% from 31 December 2019 to 31 March 2020, moving from 1,515 to 1,609 oz. In April, gold rallied to 1,693, increasing […]

Savvy Investors Ignore ‘Once Upon a Time’ Warren Buffet and Buy Airlines

Savvy Investors Ignore ‘Once Upon a Time’ Warren Buffet and Buy Airlines

$DAL $UAL $AAL $LUV $JETS Savvy investors in ETFs are brushing off Berkshire’s Warren Buffett’s warnings on the airline industry. US Global Jets ETF, ticker JETS, has seen 44 days of inflows totaling $632-M so far. The cash streak extended even after Mr. Buffett said Berkshire Hathaway exited its positions in airlines, cautioning that the prospects […]

US Economy Seen Recovering in 2-H of this Year

US Economy Seen Recovering in 2-H of this Year

Wall Street rallies, investors focus on recovery and ignoring the bad news. The US economy could start to recover in 2-H of this year after what looks to be the worst recession in decades, growth may be slow and uneven, some Fed policymakers hinted Tuesday. Their soft assessments came as a majority of US states […]

“Shutdowns, Lockdowns Lasted ‘Way Too Long'”

“Shutdowns, Lockdowns Lasted ‘Way Too Long

FLASH: California, New York, New Jersey, and Illinois refuse to reopen, they are seeing their businesses really hurt, many destroyed. America’s C-19 coronavirus chaos shutdowns lasted “way too long” and business probably should have started a couple of wks ago, and as a result, “it is going to be a really hard Summer,” economist Steven […]

US Stock Market is saying, “America is a victim of malpractice by medical advisors”

US Stock Market is saying, “America is a victim of malpractice by medical advisors”

$DIA $SPY $QQQ $RUTX $VXX President Trump will travel to Arizona next week, his 1st trip since 28 March as the coronavirus chaos ramped up in the United States. “I think I’m going to Arizona next week, and we look forward to that,” he told reporters Wednesday during a Q&A session with industry leaders on reopening the […]

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 […]

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 […]

Investor Sentiment is Turning Positive

Investor Sentiment is Turning Positive

$SPY $SPX The markets move from speculators to investors. There is budding optimistic investor sentiment as numerous countries have taken steps to lessen lockdown restrictions and many of the most gravely impacted countries see the flattening of their infection curves and allow non-essential workers to go back to work Now, we are seeing more and […]

The Key to America’s Economic Recovery and Reform are Non-profits

The Key to America’s Economic Recovery and Reform are Non-profits

The nonprofit sector of the economy does not get much attention when it comes to economic strategy and development. There are a couple of hundred thousand nonprofit organizations in California and millions in the nation; they range from large hospitals, universities, and medical foundations to food pantries and storefront churches. Most nonprofits do not have […]

Commentary: Paul Ebeling on Wall Street, Coronavirus Broke Globalism

Commentary: Paul Ebeling on Wall Street, Coronavirus Broke Globalism

$DIA $SPY $QQQ $RUTX $VXX Just In: Southeast Asian stock markets inched higher Monday, tracking global equities that gained due to a slowdown in coronavirus-related deaths and new infections Last Week’s US Stock Market View Technical Analysis: The action in the major US stock indexes over the past few sessions was almost identical as large-cap […]

Commentary: Paul Ebeling on Wall Street, World Vs Coronavirus

Commentary: Paul Ebeling on Wall Street, World Vs Coronavirus

$DIA $SPY $QQQ $RUTX $VXX $JPM Just in: JPMorgan (NYSE:JPM) says the stock market rout has probably past its worst now. Again, there is something really different about the COVIS-19 coronavirus and the world’s reaction to it, the reaction is unprecedented, and scary. The past 4 wks have seen huge responses not only from central […]

Gold: Conditions Setting Up for the Price to 2X

Gold: Conditions Setting Up for the Price to 2X

$XAU $GLD $USD Volatile stock markets and the outbreak of the coronavirus helped drive holdings in gold-backed ETFs to record highs in Y 2020. The buying is a clear indication of the prominent role of gold ETFs in investors’ portfolios, especially during periods of uncertainty and panic. Gold-backed ETFs saw $4.9-B of inflows in February, […]

Massive Wartime Investment in Nation Approved in Senate, House to Follow

Massive Wartime Investment in Nation Approved in Senate, House to Follow

The Senate will vote on the $2-T package later Wednesday and the House of Representatives is expected to follow suit soon after. “This is a wartime level of investment into our nation,” Republican Senate Majority Leader Mitch McConnell said in a speech announcing the pact after days of negotiations between Republican and Democratic lawmakers, Treasury […]

Commentary: Paul Ebeling on Wall Street, the Financial World Vs the Coronavirus

Commentary: Paul Ebeling on Wall Street, the Financial World Vs the Coronavirus

$DIA $SPY $QQQ $RUTX $VXX There is something very different about the coronavirus and the world’s reaction to it. That reaction is unprecedented, and unnerving. The past 4 wks have seen huge responses from central banks which were confident in the global economic outlook and in no hurry to move on rates. Since then we […]

If You are Expecting President Trump to ‘Blow up’ Politically, You Will Be Disappointed

If You are Expecting President Trump to ‘Blow up’ Politically, You Will Be Disappointed

It is not impossible to evaluate the political impact of the coronavirus on President Trump’s election campaign. We can see from the Chinese experience that the incidence and impact of the disease is abating, luckily for President Xi. The Trump Administration will not let China off the hook on its dishonesty and negligence in exporting […]

A Case for the Extension of This Bull Market

A Case for the Extension of This Bull Market

$SPY, $RUTX, $USD Last Christmas, the longest Bull market in our lifetime came within points of dying as the Fed raised interest rates. Some pundits say that every 3 years or so something pushes the Bull market to the brink of extinction, before a last-minute escape, that there is a record of support that underpins […]

‘Afrophobia’ Riots Upstage World Economic Forum in South Africa

‘Afrophobia’ Riots Upstage World Economic Forum in South Africa

South Africa promised Thursday to tackle the prejudice fuelling a wave of deadly riots and xenophobic attacks, as international anger over the violence overshadowed a pan-African economic conference in Cape Town. President Cyril Ramaphosa said at least 10 people had been killed during the past week,2 were foreigners. “Our country has been deeply traumatised …by […]

Analysts See Well Fargo (NYSE:WFC) as ‘Dead Money’

Analysts See Well Fargo (NYSE:WFC) as ‘Dead Money’

$WFC Wells Fargo & Co. (NYSE:WFC) shares are extending Friday’s declines in Monday pre-market trading, as analyst downgrades pile on after the bank lowered its net interest income forecast. Firms cutting their rating on Wells Fargo stock to neutral include Goldman, BofA and Buckingham. Shares of Wells Fargo fell about 1.6% Monday, after closing down […]

Bitcoin (BTC) Bounces Off of Lows

Bitcoin (BTC) Bounces Off of Lows

Bitcoin (BTC) Bounces Off of Lows $BTCUSD The bounce off of 1-week lows seen Tuesday may have helped bitcoin (BTC) avert a bigger sell-off. The leading cryptocurrency by market cap established a Bearish lower-high pattern at $4,400 last week and closed well below $4,000 Monday, confirming an end of the corrective bounce. As a result, BTC […]

President Trump: ‘We Will Be 100%’ With Hurricane Florence Victims

President Trump: ‘We Will Be 100%’ With Hurricane Florence Victims

President Trump: ‘We Will Be 100%’ With Hurricane Florence Victims Wednesday, President Donald Trump sought to offer comfort to families who suffered losses in Hurricane Florence, declaring “America grieves for you” as he arrived in North Carolina to survey damage left by the powerful storm. President Trump pledged to be with storm victims “100 percent” […]

Cryptocurrency Prices May Be Headed Higher

Cryptocurrency Prices May Be Headed Higher

Cryptocurrency Prices May Be Headed Higher $BTCUSD,$ETHUSD Cryptocurrencies seem to make recoveries when all hope lost, and Thursday’s price action of the world’s 2nd largest cryptocurrency, Ether (ETH) and many others is no exception. Several of the Top 10 cryptocurrencies by market capitalization are reporting 24-hour gainers above 10%, including monero (XMR), litecoin (LTC), and […]

Face It People, The Trump Economic Boom Is Here

Face It People, The Trump Economic Boom Is Here

Face It People, The Trump Economic Boom Is Here $DIA (DJIA) Have you noticed, that through the mist of Russia, James Comey, Charlottesville and now 2 monster hurricanes, that the US economy is booming faster than it has since the late Clinton years, well have you? This is undeniable. In the last year of The […]

There is Little Fear in World Stock Markets Now

There is Little Fear in World Stock Markets Now

There is Little Fear in World Stock Markets Now $DIA, $SPY, $QQQ, $VXX The stock markets do not fear NKorea, and they do not fear the extreme left’s attack on US President Donald Trump Risk assets across the globe, despite high valuations, have recovered nicely from a sell-off triggered by concerns about a NKorean nuclear […]

UAE Energy Minister, “No talk about further OPEC supply cuts”

UAE Energy Minister, “No talk about further OPEC supply cuts”

UAE Energy Minister, “No talk about further OPEC supply cuts” $OIL OPEC and allied non-OPEC producers agreed on 25 May to extend an existing supply curb into Y 2018 There is no talk of further Crude Oil output cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies despite only a slow […]

The Great Recession Is Over, and America is Running on Empty

The Great Recession Is Over, and America is Running on Empty

The Great Recession Is Over, and America is Running on Empty A Gallup study of US growth and productivity finds there has been NO economic recovery. “The Great Recession may be over, but America is running on empty,” writes Jim Clifton, Chairman/CEO at Gallup. The US Council on Competitiveness asked Gallup to conduct, pro bono, […]

Gawk Announces Disaster Recovery As Major Update To Cloud Communications Platform

Gawk Announces Disaster Recovery As Major Update To Cloud Communications Platform

Gawk Announces Disaster Recovery As Major Update To Cloud Communications Platform  $GAWK Los Angeles, October 25, 2016 — GAWK Inc. (OTC PINK: GAWK) CEO Scott Kettle announces a major update to its Cloud Communication Platform, including DRaaS – Disaster Recovery as a Service, Application Database Management, High Availability, and 2-Factor Authentication. Kettle said, “We promptly […]

“Do Not Be Fooled, There is No Economic Recovery”

“Do Not Be Fooled, There is No Economic Recovery”

“Do Not Be Fooled, There is No Economic Recovery” $GLD Peter Schiff, CEO of Euro Pacific Capital, advises that savvy investors should not be fooled by reports of any economic recovery. And the same investors should continue to buy Gold despite the pullback. “I’m certain that all this talk about a recovery is wrong,” Mr. […]

Greek PM, “Economy recovering” Calling Investors to Seize Opportunities

Greek PM, “Economy recovering” Calling Investors to Seize Opportunities

Greek PM, “Economy recovering” Calling Investors to Seize Opportunities Saturday, Greek Prime Minister Alexis Tsipras urged investors to invest in his country which is recovering and moving to the period of growth. He made the remarks when presenting his government’s roadmap to the post-crisis future during a keynote speech at the opening of the 81st […]

Fed ‘Beige-Book, “US Economy Has Slowed”

Fed ‘Beige-Book, “US Economy Has Slowed”

Fed’s ‘Beige-Book, “US Economy Has Slowed” $DIA, $SPY, $QQQ, $VXX The economy grew at a slowed pace this past Summer in 8 of the Federal Reserve’s 12 US  districts, a slowdown from prior reports that will make US Fed policymakers cautious about an interest rate hike anytime soon. The Fed’s ‘Beige Book’ survey of business […]

Obama’s Claims that US Economy is ‘Good’ is Debunked

Obama’s Claims that US Economy is ‘Good’ is Debunked

Obama’s Claims that US Economy is ‘Good’ is Debunked US President Barack Hussein Obama claimed recently, “The economy, by every metric, is better than when I came into office.” Mr. Obama has been making some variation of this “the economy got better under my watch” claim since the Y 2012 presidential campaign. The Big Q: […]

Top Locations for Renting, Buying Property in Dubai & Abu Dhabi

Top Locations for Renting, Buying Property in Dubai & Abu Dhabi

Top Locations for Renting, Buying Property in Dubai & Abu Dhabi Despite price declines, yields remained high in both Emirates UAE real estate markets were stable in Q-1 of Y 2016 as major developers continued to launch mega projects, according to property site www.Bayut.com  The company said there were welcome signs of recovery in the […]