The Walls are Cracking Around Mr. Biden’s Economy

The Walls are Cracking Around Mr. Biden’s Economy

#Biden #economy #retail #sales #consumer #confidence #spending #aid $DIA $SPY $QQQ $RUTX $VXX “This past Holiday season, consumers stayed home and gauged the prospects of a Biden economy, retail sales sank on the cracks!”— Paul Ebeling US retail sales declined at the close of the Holiday shopping season, wrapping up a difficult year for the […]

We Cannot Control What Will Go On in a Democrat Controlled Washington, DC, but We Will Predict that Higher Taxes Will Bring on Rampant Inflation

We Cannot Control What Will Go On in a Democrat Controlled Washington, DC, but We Will Predict that Higher Taxes Will Bring on Rampant Inflation

#inflation #taxes #Democrat #Biden #economy $XAU $GLD $XAG $SLV $USD Joe Biden’s 1st 100 days will set the tone for what that the administration wants to accomplish. The new administration’s economic agenda has priorities that may well differ from yours and mine That is not all… The New Republic points out, a newly elected 50-50 Senate “dramatically […]

“The American Economy has been Supercharged”

“The American Economy has been Supercharged”

#PresidentTrump #economy “The American economy has been supercharged, but it needs to eradicate The China Virus and fully reopen”— Paul Ebeling “What we need to do is get the government out of the way. And get this medical emergency chaos behind us. Not raise taxes and regulations, not shut down our oil and gas industries. […]

A Statement From President Trump

A Statement From President Trump

#PresidentTrump #WhiteHouse #ThePeople As President of the United States it is my responsibility to protect The People of our country from the economic devastation and hardship that was caused by The China Virus. I understand that many small businesses have been forced to close as a result of harsh actions by Democrat-run states. Many people […]

The Caveat in President Trump’s Aid/Relief/Stimulus Boost: Cut the Pork

The Caveat in President Trump’s Aid/Relief/Stimulus Boost: Cut the Pork

#PresidentTrump #Aid/Relief/Stimulus Lost in the Democrats’ rush to support President Trump’s call for $2,000 stimulus checks, is the reality they will need to cut spending elsewhere in the omnibus bill. “The President wasn’t just talking about everybody getting $2,000, the president was talking about getting rid of the pork,”, according to Representative Louie Gohmert (R-TX). […]

President Trump Wants Aid for Americans, and Threatens to Veto ‘Over Porked’ Aid/Relief/Stimulus Bill

President Trump Wants Aid for Americans, and Threatens to Veto ‘Over Porked’ Aid/Relief/Stimulus Bill

#PresidentTrump #aid/relief/stimulus #Americans Trump Will Not Sign Stimulus Bill, Calls for $2,000 Direct Payments to Americans “Congress needs to pass a pandemic stimulus bill that includes $2,000 direct payments to Americans or else President will veto it” — Paul Ebeling “Congress found plenty of money for foreign countries, lobbyists, and special interests,” President Trump said on Tuesday night. […]

Fed Officials Painting a Brighter Picture for 2021

Fed Officials Painting a Brighter Picture for 2021

#Fed #growth #employment #money #economy #stocks $bonds #consumer #spending $DIA $SPY $QQQ $RUTX $VXX “Fed sees 4.2% growth, and full employment in the New Year“– Paul Ebeling The Fed said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress. Thus reassuring financial markets and keeping long-term borrowing rates low indefinitely. […]

The Trump Rally Extends on Solid Policies and Strong Support

The Trump Rally Extends on Solid Policies and Strong Support

#PresidentTrump #Rally #Policies #Support $DIA $SPY $QQQ $RUTX $VXX “The market is not buyin Biden, the market is always right“– Paul Ebeling Reviewing Wednesday’s economic data:Industrial production increased 0.4% M-M in November. The capacity utilization rate jumped to 73.3% The Key takeaway from the report was the strong growth seen in the production of motor vehicles […]

The Outperformance of the Russell 2000 Deserves Immediate Attention

The Outperformance of the Russell 2000 Deserves Immediate Attention

#Russell2000 $RUTX $RUT $SPY $SPX $DIA $QQQ $CU $XAU $VXX “Tuesday, the Russell 2000 (+1.4%) closed at a record high on encouraging vaccine news and the coming Trump Administration’s aid/relief/stimulus package.“– Paul Ebeling Inflation will likely rise above 2% in Y 2021 and range from 2.25% to 2.4%. The consensus is that inflation may temporarily […]

Commentary: Paul Ebeling on Wall Street, Investors Extending ‘The Trump Rally’

Commentary: Paul Ebeling on Wall Street, Investors Extending ‘The Trump Rally’

#PaulEbeling #WallStreet #TrumpRally $DIA $SPY $QQQ $RUTX The Director of National Intelligence John Ratcliffe said Sunday it is yet to be decided if there will be a Biden Administration.  He said issues outlined by President Trump’s legal team, headed by Rudy Giuliani must be heard in court. Joe Biden is a candidate not the president-elect. […]

Blue State Democrat Governors and Mayors Locking Down Citizens to Damage Growing Economy

Blue State Democrat Governors and Mayors Locking Down Citizens to Damage Growing Economy

#BlueStates #lockdowns #economy #virus #vaaccines #stimulus Blue state governor lockdowns are killing the large economies of California and New York. Nevertheless The Trump Economy is doing a lot better than the MSM is willing to admit. Governor Gavin Newsom is trying to shut down everything in California, and that is killing the Golden State’s economy. […]

Stocks and Gold are in an Up Trend: ‘The Trend is Your Friend’

Stocks and Gold are in an Up Trend: ‘The Trend is Your Friend’

#gold #stocks #BullMarket #Fed #economy #recovery #stimulus $DIA $SPY $QQQ $RUTX $XAU $GLD $USD $VXX The DJIA is trading at record highs, having broke the 30,000 resistance mark last wk for the 1st time ever. The stock market’s epidemic chaos is over, and investors look forward to continued growth down the line. Now, at the […]

Trust in This Recovery, Key Indicators Flashing Green

Trust in This Recovery, Key Indicators Flashing Green

#recovery #trust #risk $DIA $SPY #QQQ $RUTX $VXX “Keep the Faith, Trust this Recovery”– Paul Ebeling This V-shaped economic recovery, coming Covid vaccines and continued Trump Fed policy support offer continuing favorable environment for stocks and credit into next year and further. In our outlook for Y 2021 investors overweight stocks and corporate bonds against […]

The Holiday Shopping Season is Almost Here

The Holiday Shopping Season is Almost Here

#holiday #shopping #season #Thanksgiving #Christmas #stimulus $WMT  An American tradition is almost here, the holiday shopping season. As strange and difficult this yr has been Wall Street economists expect consumers to open up their wallets in a big way this holiday season. “In what will be remembered as one of the most challenging and transformative […]

US Jobless Claims Drop to 7-Month Lows

US Jobless Claims Drop to 7-Month Lows

#jobless #claims The number of Americans filing new claims for unemployment benefits fell to a 7-month low last wk, but the pace of decline has slowed and further improvement could be limited by lack of additional additional fiscal stimulus. Initial claims for state unemployment benefits totaled a seasonally adjusted 709,000 for the wk ended 7 […]

Fed Stays the “Whatever it Takes” Course

Fed Stays the “Whatever it Takes” Course

#Fed #interestrates #stimulus #economy #virus $DIA $SPY $QQQ $RUTX $VXX The Fed kept its dovish monetary policy intact Thursday and pledged again to do whatever it takes in coming months to sustain a US economic recovery threatened by a spreading virus chaos. The policy statement released after the US central bank’s latest two-day meeting did not mention […]

Wall Street Closed 2% Higher on Expectation of Trump Victory

Wall Street Closed 2% Higher on Expectation of Trump Victory

#Wall Street $PresidentTrump #Victory #rally $DIA $SPY $QQQ $RUTX $VXX “President Trump claims victory, hints at Supreme Court action, in White House speech“– Paul Ebeling US stocks closed sharply higher Tuesday as Americans voted in the most Presidential election ever and investors bet it would be decided without a prolonged process, leading to a Fassst deal […]

US Economy: An Across the Board Boom

US Economy: An Across the Board Boom

#economy #boom #jobs #PresidentTrump $SPY White House economic adviser Larry Kudlow says the nation is undergoing “an across the board boom” that means more jobs, particularly because “inventories are at rock bottom.” In an interview last Thursday Mr. Kudlow said he is not confident there would be a virus stimulus package anytime soon. “There is basically an […]

Did you know? Bill Gates is Behind the Stalled Stimulus Negotiations

Did you know? Bill Gates is Behind the Stalled Stimulus Negotiations

#Congress #WhiteHouse #stimulus #BillGates #Gavi #vaccine #virus $MSFT As the US Congress debates the 2nd, but stalled, stimulus bill to help Americans hurt by the China Act of War Virus shutdowns, is a Key figure playing a role in the negotiations is Microsoft (NASDAQ:MSFT) billionaire Bill Gates. If it makes you wonder why Mr. Gates, […]

Real Risk Asset Safe-haven Protection Lies in Gold and Silver

Real Risk Asset Safe-haven Protection Lies in Gold and Silver

#gold #silver #coins #bullion #dollar #asset #safehaven #metals #investors #risk $XAU $XAG $GLD $SLV $USD $SPY “I believe investors can still find real safe-haven risk asset protection in the time-tested precious metals asset sector“– Paul Ebeling The US stock market is seeing the longest Bull run in history, and savvy money managers and investors are […]

Commentary: Paul Ebeling on Wall Street, Big Earning’s Week Ahead

Commentary: Paul Ebeling on Wall Street, Big Earning’s Week Ahead

#PaulEbeling #WallStreet #economy #growth #Bulls #Bears #money #virus $DIA $SPY $QQQ $RUTX $VXX Last week’s action Stocks were consolidating the big move off of the 24 September lows on low to moderate volume. Technical analysis The NAS Comp, S&P 500, DJIA indexes finished lower on the wk. This current consolidation is 8 sessions in the making […]

Gold Holding 1,900 on Signs of Virus Stimulus Legislation Happening

Gold Holding 1,900 on Signs of Virus Stimulus Legislation Happening

#PresidentTrump #gold #COMEX #virus #stimulus #legislation $XAU $GLD $USD “Gold prices pared losses and recaptured the 1,900 mark after House Speaker Nancy Pelosi stated that lawmakers are “‘just about there’ on a stimulus deal.” –Paul Ebeling Gold settled lower Thursday, but comments from House Speaker Nancy Pelosi (D-CA) raised hopes for a deal on another round of […]

Inflation Risk will Drive Bull Market for Gold,Crude Oil and Commodities

Inflation Risk will Drive Bull Market for Gold,Crude Oil and Commodities

#inflation #gold #crudeoil #commodities #inflation #bullmarket $XAU $GLD $USD $USO $OIL $CU $USD $GS Goldman Sachs reportedly is forecasting a Bull market for commodities in 2021 based on its outlook for a weaker USD, inflation, and the prospect of further economic and fiscal stimulus. Analysts at the bank Thursday predicted a 12-month return of 30% […]

Stimulus: President Trump Will Go $1.8-T+

Stimulus: President Trump Will Go $1.8-T+

#PresidentTrump #Stimulus $DIA $SPY $QQQ $RUTX $VXX “We’re not holding it up, she’s holding it up,” President Trump said in a TV interview Thursday. “She wants to wait until after the election. She thinks it hurts the Republicans.” It hurts Democrats. Treasury Secretary Mnuchin said Thursday that Nancy Pelosi’s “all or nothing approach does not […]

Stocks in the Buy Spotlights: Delta Airlines (NYSE:DAL) and Ferrari (NYSE:RACE)

Stocks in the Buy Spotlights: Delta Airlines (NYSE:DAL) and Ferrari (NYSE:RACE)

#stocks #buy #Delta #Ferrari $DAL $RACE On both sides of the aisle, there is a perception that the public needs another shot in the arm; support for unemployment benefits, support for small businesses, and more cash injected into the system to drive the economy to complete recovery Fassster. The kink is partisan politics. House Democrats […]

Inflation is Short of the Fed’s Goal

Inflation is Short of the Fed’s Goal

#Fed #inflation The Fed is determined to drive inflation higher from marks it considers extremely low. For that to happen, 1st it must convince the market and consumers that prices will accelerate going forward. The Key problem is that the measures that bond traders and strategists rely on for longer-run inflation expectations can often give […]

The US Economy is in a “Strong Rebound”

The US Economy is in a “Strong Rebound”

#PresidentTrump #economy #recovery #virus, #Fed #stimulus #lockdowns President Trump’s Top economic adviser said Sunday the economy remains in “a strong rebound” even as Americans learn to “deal with” the coronavirus. In a TV interview Larry Kudlow argued in favor of a new stimulus bill even as he praised the conclusion of medical experts that “focused protection” can get […]

President Trump and the Fed are Aligned for a Fast Recovery

President Trump and the Fed are Aligned for a Fast Recovery

#PresidentTrump #Fed #FOMC #GDP #economy #recovery “This positive turn in the economy is even more remarkable because it happened without the additional stimulus the mins show Fed officials expected in July.” — Paul Ebeling Last month Fed policy makers agreed that the economy was recovering from the China virus chaos recession much faster than they […]

Continuing Resolution Congress’ Most Important Task Now

Continuing Resolution Congress’ Most Important Task Now

#government #funding #economy The most important fiscal matter is for Congress to reach a clean continuing resolution to keep the government open past 30 September White House economic adviser Larry Kudlow said Monday.  “We have to really respect Justice Ginsburg and may she rest in peace,” Mr. Kudlow said on TV. “I think the most immediate […]

Fed Survey: 75%+ of US Families said in July They Were “doing okay” Financially

Fed Survey: 75%+ of US Families said in July They Were “doing okay” Financially

#Fed #American #households #virus More than 75% of US families said in July they were “doing okay” financially, or were “living comfortably,” according to a new survey by the Fed. That’s up from 72% in April, when the China virus chaos caused unemployment to peak at 14.7%, and also better than the 75% reported in […]

US Economic Recovery Does Not Depend on More Aid

US Economic Recovery Does Not Depend on More Aid

#Economic #Recovery #Aid White House adviser Larry Kudlow said says the nation’s economic recovery will continue despite uncertainty surrounding another virus relief bill. He said the nation’s recovery does not not on additional fiscal stimulus, but it will help. “In truth I don’t know,” Kudlow said during a TV interview about whether Congress will eventually approve another […]

Jobs Report Good, Getting Better, Low Interest Rates to Stay for a Long Time, Do Not Fear September in a Presidential Election Year with the Incumbent Running

Jobs Report Good, Getting Better, Low Interest Rates to Stay for a Long Time, Do Not Fear September in a Presidential Election Year with the Incumbent Running

#PresidentTrump #Powell #Fed #jobs #interest #rates $DIA $SPY $QQQ $RUTX $VIX $VXX The US financial markets will be closed Monday for Labor Day Friday, Trump Fed Chairman Powell declared the the NFPs employment report for August was “a good one,“and reiterated that the FOMC will keep ultra-accommodative monetary policy (the Fed put) for years to […]

The US Economy Rebounding “Very, Very Strongly”

The US Economy Rebounding “Very, Very Strongly”

#economy The US economy is rebounding “very, very strongly,” and fresh federal aid will reach unemployed Americans in the next week or 2, White House economic adviser Larry Kudlow said Wednesday, shaking off concerns about a 2nd wave of C-19 coronavirus infections. Mr. Kudlow, speaking to reporters at the White House, defended a reduction in the unemployment […]

Thailand Biggest Economic Slump Since 1998 Means More Government Stimulus

Thailand Biggest Economic Slump Since 1998 Means More Government Stimulus

#Thailand #economy #stimulus #coronavirus Thailand’s economy suffered its biggest annual contraction since the 1998 Asian financial crisis in Q-2 due to the fallout of the coronavirus chaos, prompting the government to slash its GDP forecast for the year and announce more stimulus Data from the state planning agency showed a 100% fall in foreign tourism […]

Single-Digit Unemployment Seen with 20% GDP Growth

Single-Digit Unemployment Seen with 20% GDP Growth

#unemployment #GDP #growth #VShaped #recovery Thursday, White House economic adviser Larry Kudlow said he expects the US unemployment rate to return to single-digit levels as early as this month and growth in Q-3 should be 20% or more as the economy recovers from the recession triggered by the C-19 coronavirus chaos. “The Key point that I would […]

Mega Caps Back and Fill, Dollar Slides, Gold Charges to Record Highs

Mega Caps Back and Fill, Dollar Slides, Gold Charges to Record Highs

#stocks #gold #silver #dollar #C19coronavirus #China #global #growth #COMEX #VeryBullish $DIA $QQQ $SPY $RUTX $VXX $USO $USD $XAU $GLD $XAG $SLV Moving the Market: Profit taking in mega-caps Thursday, Gold traded near 1,900oz, moving closer to it’s all-time high set nearly 9 yrs ago on concerns about global growth that is driving safe-haven demand. Increasing […]

Gold’s Allure, Wall Street Focused on the Miners

Gold’s Allure, Wall Street Focused on the Miners

#gold #miners #WallStreet #investors #risk #C19coronavirus #banks #stimulus $NEM $GOLD Last yr precious-metals miners were seen by Wall Street as too leveraged and high-risk for the typical investor, but they raised $2.4-B in secondary equity offerings during Q-2 of this year. That is the most since Y 2013 and 7X more than the funds they […]

Next Trump Aid/Relief/Stimulus Focused on Restarting Schools, Jobs, Cutting Payroll Tax

Next Trump Aid/Relief/Stimulus Focused on Restarting Schools, Jobs, Cutting Payroll Tax

#Aid #Relief #Stimulus #Schools #Jobs #Republicans #Money #PayrollTax Monday, Treasury Secretary Mnuchin said the next round of virus relief will center on getting children returning to schools and workers back into jobs. Secretary Mnuchin will have a Key role in negotiating a new aid/relief/stimulus bill with Democrats, spoke at a White House meeting with President […]

US 30-yr Fixed Rate Mortgage Rate Dives to 50-yr Lows

US 30-yr Fixed Rate Mortgage Rate Dives to 50-yr Lows

#mortgage #homebuilding #retail #sales #Fed #QE #bonds #market #stimulus #economy $DIA $SPY $QQQ $RUTX $VXX $SPSIHO The S&P 500 Homebuilding Index (SPSIHO), which includes Lennar Corp.(NYSE:LEN), DR Horton Inc.(NYSE:DHI), and PulteGroup Inc.(NYSE:PHM), gained 2.4% Thursday. The index is up nearly 9% YTD, compared with a 0.05% decline in the broad S&P 500 overall. US 30-year […]

Precious Metals Solid in this Bull Market

Precious Metals Solid in this Bull Market

#Gold #Silver #preciousmetals #Fed #ECB #RBA #C19Coronavirus #inflation #currencies #stocks $XAU $GLD $XAG $SLV $USD $DIA $SPY $QQQ $RUTX $VXX Analysts and economists are calculating the destruction the C-19 coronavirus chaos, and traders in the financial markets trying to understand the ramifications of the virus’ presence. The market trends demonstrate that our prior precious metals forecasts continue […]

Fed’s ‘Tool Box’ is Open if Need Be

Fed’s ‘Tool Box’ is Open if Need Be

#Fed #C19coronavirus #tools #asset #economy #aid #relief #stimulus #data #market #support #liquidity #lockdowns #consumers #uncertainty Fed Vice Chairman Richard Clarida said officials would turn to additional forward guidance and asset purchases if the economy needs more aid. “We have a lot of accommodation in place. There is more that we can do. There is more […]

White House Considering 2nd Aid/Relief Round “seriously” Since 1st Round “worked very well”

White House Considering 2nd Aid/Relief Round “seriously” Since 1st Round “worked very well”

#WhiteHouse #Treasury #aidrelief #stimulus #PresidentTrump #Munchin #CARESACT #benefits #Americans #payments #C19coronavirus, Thursday, Treasury Secretary Mnuchin told reporters that the White House is seriously considering another round of C-19 coronavirus stimulus checks for Americans. “We’re going to seriously consider whether we need to do more direct payments worked very well,” Secretary Mnuchin told reporters. President Trump […]

Inflation is Coming, Be Ready…Our Inflation Indicator is Flashing Red

Inflation is Coming, Be Ready…Our Inflation Indicator is Flashing Red

$XAU $XAG $GLD $SLV $USD Gold, forests, property stocks, inflation-linked bonds, these are just some of the assets investors are betting lots money into on the view that the recent explosion of government spending and Fed stimulus may rouse inflation from its 10 yrs+ sleep. If inflation really is “the dog that didn’t bark”, failing […]

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 […]

Bank of England Unveiled Big Stimulus Plan to Bolster UK Economy

Bank of England Unveiled Big Stimulus Plan to Bolster UK Economy

Just In: Bank of England increases its bond-buying programme to GGP 745-B from GBP 645-B, keeps benchmark interest rate at 0.1% The Bank of England (BoE) is set to introduce another big stimulus for the US economy Thursday to ease the chaos of the medical malpractice instant recession. The BoE will join its counterparts around […]

Like March 2009, My Work Shows Big Northside Ahead for US Stocks

Like March 2009, My Work Shows Big Northside Ahead for US Stocks

$DIA $SPY $QQQ $RUTX $VXX I expect stocks to consolidate in an uptrend the Bull run off the 23 March lows then rally into the end of the year. I have been tracking the Y’s 2009-2020 action since the March C-19 coronavirus chaos, and it looks uniquely the same. If I am right, we will […]

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, […]

Mutual Fund Giants Unfazed by “Rich Guys” Warning on Stocks

Mutual Fund Giants Unfazed by “Rich Guys” Warning on Stocks

$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 […]

Commentary: Paul Ebeling on Wall Street, the Fed’s Fast Actions

Commentary: Paul Ebeling on Wall Street, the Fed’s Fast Actions

$DIA $SPY $QQQ $RUTX $VXX Last Week’s Close Friday May options expired, and the market show us that the leaders were going to make good moves. The futures are telling us that Monday trades will be higher after last week’s action. This story helped: Friday mid-session it was the reported that the Fed purchased $305-M […]

President Trump, “No Rush for More Aid/Relief”

President Trump, “No Rush for More Aid/Relief”

$DIA $SPY $QQQ $RUTX $VXX Friday, President Trump said that he is in no hurry for Congress to pass more C-19 coronavirus related stimulus measures to help the economy. “We are in no rush,” President Trump said while meeting with House Republicans who spent an hour taking turns complimenting and congratulating the President for his […]

Gold Finishes a Strong Month

Gold Finishes a Strong Month

$XAU $GLD Gold traded lower Thursday en route to its best month since Y 2016 on the massive amounts of stimulus from governments worldwide intended to stem the economic damage caused by the COVID-19 coronavirus outbreak. Bullion usually benefit from widespread stimulus measures as it is often seen as a hedge against inflation and currency […]

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 […]

Phase 3.5 Coronavirus Stimulus Bill at $484-B, Lawmakers Agree

Phase 3.5 Coronavirus Stimulus Bill at $484-B, Lawmakers Agree

Update: The Us Senate Tuesday unanimously approved $484-M in new relief for the US economy and hospitals hammered by the coronavirus pandemic, sending the measure to the House of Representatives for final passage Thursday, and immediate signing into law by President Trump. The Trump Administration and Senate officials are closing in on a new coronavirus […]

Secretary Mnuchin Assembled 100 Business Leaders for Special Reopening Task Force

Secretary Mnuchin Assembled 100 Business Leaders for Special Reopening Task Force

$DIA $SPY $QQQ $RUTX $VXX Monday, Treasury Secretary Mnuchin said he and his team have selected 100 business leaders to join a Special Task Force dedicated to re-opening the economy after the coronavirus crisis passes. The task force will work with medical advisers to develop a timeline for re-opening the economy, with 1 May as a […]

Gold, “Buying at these marks is attractive to investors”

Gold, “Buying at these marks is attractive to investors”

$XAU $GLD Gold prices in Asia are trading lower Wednesday morning despite continuing economic uncertainty. The precious Yellow metal continued its losses from the previous session as gold futures were down 0.22% to 1,680 by 9:33 PM ET (2:33 AM GMT). Gold prices tend to move in the opposite direction from stocks, but the 2 moved in the same direction for the 2nd day running. Asian stock markets opened mixed Wednesday with some […]

President Trump’s Phase 4 Stimulus to Focus on Infrastructure, No ‘Green New Deal’

President Trump’s Phase 4 Stimulus to Focus on Infrastructure, No ‘Green New Deal’

President Trump indicated Monday that Americans will need more aid during the stark pandemic and economic shutdown, including another round of direct impact payments, and Wall Street executives are reportedly putting the total of a Phase 4 bill in the neighborhood of $1.5-T. Among the priorities for Trump are infrastructure, “but not the Green New Deal” […]

Market Commentators Turning Bullish, the Futures are Open Reflecting this Optimism

Market Commentators Turning Bullish, the Futures are Open Reflecting this Optimism

$DIA $SPY $QQQ $RUTX $VXX $MS $EV Commentators from Morgan Stanley (NYSE:MS) to Eaton Vance (NYSE:EV) are encouraged by a combination of unprecedented government and central bank stimulus efforts, declining volatility and the Key: Signs that the coronavirus pandemic is peaking in parts of Europe. “There is light at the end of the tunnel but it’s still […]

Stock Market’s ‘Virus War’ Rout is Probably Past Its Worst

Stock Market’s ‘Virus War’ Rout is Probably Past Its Worst

$JPM $SPY Over the weekend, strategists at JPMorgan Chase & Co. (NYSE:JPM) concluded that most risk assets including stocks and credit have marked their low points in this Virus War frame that has gripped economies around the world. Conditions that JPMorgan had set for market stabilization and revival have largely been met, with recession-like pricing, […]

MPA says President Trump’s Virus Aid Package Provides “Critical Relief”

MPA says President Trump’s Virus Aid Package Provides “Critical Relief”

The $2.2-T package is a much-needed lifeline for the shuttered movie business. As movie theaters across the United States remain dark, movie productions stay shuttered and thousands find themselves out of work for the near future, the Motion Picture Association (MPA) welcomed the passage of federal aid Friday, hoping to bring urgently needed relief to […]

President Trump’s Fed has Brought the Global Financial System Back from the Edge

President Trump’s Fed has Brought the Global Financial System Back from the Edge

$ICE $USD $BAC $WFC This week Fed Chairman Powell set out to offer a explanation for the complicated steps he is taking to relieve dire stresses in the global financial system. “Many places in the capital markets, which support borrowing by households and businesses. I am talking about mortgages and car loans and things like […]

Value of Life in this Health Crisis

Value of Life in this Health Crisis

Governments around the world have to deal with this health crisis and manage the economic side effects. Some are doing it better than others, but this is not nearly over. Now is is clear the US government will spend several trillion dollars in direct healthcare costs, business aid and payments to American workers. The federal budget was […]

President Trump has Signed the American Aid/Stimulus Bill

President Trump has Signed the American Aid/Stimulus Bill

Friday afternoon, President Trump signed the $2.2-T American Aid/Stimulus bill, after swift and near-unanimous action by Congress this week to support businesses, rush resources to overburdened healthcare providers and help struggling families during this coronavirus epidemic. President Trump moved quickly to halt an economic free fall caused by behavioral restrictions meant to slow the spread […]

Thursday’s World Markets: Asia and Oceania

Thursday’s World Markets: Asia and Oceania

Most South East Asian stocks rose on optimism around a massive US stimulus package, although Singapore shares fell after the city-state cut its annual growth forecast to better reflect the economic damage from the coronavirus pandemic. Japanese shares took a tumble Thursday following 3 days of massive gains after a rise in domestic coronavirus cases […]

Gold Sellers Opt for Bucks Due to Coronavirus

Gold Sellers Opt for Bucks Due to Coronavirus

$XAU $GLD $XAG $SLV $PLAT $USD Gold prices fell Monday as investors stockpile cash, with a rising numbers of coronavirus-led national lockdowns threatening to overshadow stimulus measures from global central banks to combat the economic damage. Spot gold edged down 0.2% to 1,494.63 oz by 0320 GMT, after rising as much as 3.1% in the […]

President Trump’s China Virus Stimulus Package Now at $2-T Plus in Phase 3

President Trump’s China Virus Stimulus Package Now at $2-T Plus in Phase 3

The coronavirus economic stimulus package being negotiated in a late session by the Senate Saturday will exceed $2-T, according to estimates by the White House National Economic Council Director Larry Kudlow. “The package is coming in at about 10% of GDP,” Mr. Kudlow said. “It is very large.” That would mean more than $2-T, a reporter […]

Selling Widespread, Losses Were Pared into the Close

Selling Widespread, Losses Were Pared into the Close

$DIA $SPY $QQQ $RUTX, $USO, $XAU, $USD, $VXX Despite the coordinated stimulus packages announced by central banks and the massive stimulus plans laid out by Washington, confidence was lacking due to the growing outbreak of COVID-19 and the continued shutdown of the economy. Shortly before the close, the Senate passed the House bill that provides […]

The US Financial Markets Like What They Hear From Washington, DC

The US Financial Markets Like What They Hear From Washington, DC

$SPY The stock market liked what it heard out of Washington, DC, but expect the volatility to continue till it puts in the bottom. Tuesday, The Trump Administration vowed to deliver a massive financial package designed to help both businesses and individual Americans to weather the crisis. The Fed also stepped in to support the […]

Australia raises restriction to highest level: “Do not travel overseas”

Australia raises restriction to highest level: “Do not travel overseas”

Australian Prime Minister Scott Morrison Wednesday strongly discouraged the country’s residents against all overseas travel as he declared a human biosecurity emergency and banned all non-essential indoor gatherings of more than 100 people. “The travel advice to every Australian is ‘Do not travel abroad’. Do not go overseas,” he said. PM Morrison said the advice […]

President Trump’s Stimulus Plans Boost Investor Confidence

President Trump’s Stimulus Plans Boost Investor Confidence

$SPY, $DIA, $OIL Over the past month, equity markets and financial assets broadly, have been attempting to price in the dual shock of a pandemic and the sudden collapse in Crude Oil prices Volatility stemming from the outbreak has seen the DJIA move up or down by 1000 pts or more for 7 days running, […]

US Stock Bulls Up and Running

US Stock Bulls Up and Running

$DIA $SPY $QQQ $RUTX $VXX Tuesday, Wall Street’s Bulls came back to life rising from the edge of Bear market confirmation as bargain-hunters and notions of government stimulus calmed investors’ fears surrounding the coronavirus and prospects of a recession. All 3 major US stock market indexes spiked nearly 5% the day after they suffered their […]

Market Strategists say: “Drop Cautious Stance, Buy Dip in Stocks”

Market Strategists say: “Drop Cautious Stance, Buy Dip in Stocks”

$DIA $SPY $QQQ $RUTX $VXX Investors should ‘buy the dip’ in stocks because government and central bank policies will counter the economic blow of the spreading coronavirus, according to JPMorgan Chase & Co. (NYSE:JPM) strategists who had previously told clients to trim risky bets. The outbreak and its economic implications are “the main source of […]

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 […]

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 […]

Gold Retakes Key $1,500 oz Mark

Gold Retakes Key $1,500 oz Mark

$XAU, $XAG, $GLD, $SLV, $USD Gold prices climbed above the Key $1,500 mark Thursday to mark their highest finish in about two weeks, as a monthly drop in U.S. durable goods orders buoyed haven appeal for the metal. The dismal durable goods number is helping boost gold prices as recession fears are again on the […]

ECB account reveals deep divisions over stimulus

ECB account reveals deep divisions over stimulus

European Central Bank governors were divided as never before over their decision last month to re-launch “quantitative easing” (QE) mass bond-buying, an official account of the meeting showed Thursday, underscoring an already bitter public debate. While “all members agreed that a further easing of the monetary policy stance was warranted” to boost growth and inflation […]

Wall Street Finished Higher on Trade, ECB Stimulus for the 7th Session Running

Wall Street Finished Higher on Trade, ECB Stimulus for the 7th Session Running

$DIA, $SPY, $QQQ, $RUTX, $SOY, $VXX US stocks extend rally on trade developments, ECB stimulus measures Tech gains led the S&P 500 and the NAS Comp higher, while financials gave the biggest boost to the blue-chip DJIA, which closed up for the 7th session running, its longest winning streak since May. Stocks rose worldwide as […]

France’s Macron Still Preaching Failed Socialist Theory

France’s Macron Still Preaching Failed Socialist Theory

French President Emmanuel Macron is still calling for a new global economic order, decrying an “unprecedented crisis” in the market economy in an attempt to become the leader of the EU, a failed socialist experiment that is falling apart. Amid what he calls the uncertainty of US trade policies, Mr. Macron said the market economy […]

Wall Street Focus: Big Tech and Multinational Industrials

Wall Street Focus: Big Tech and Multinational Industrials

$AAPL, $KO, $CAT, $AMZN, $MCD, $BA, $OIL, $SOY FLASH: Earnings season continues with companies including: Amazon.com, Alphabet, Unilever, Caterpillar, Coca-Cola, McDonald’s and Boeing. Monday, technology shares led gainers among US stocks following mixed sessions in Europe and Asia as investors looked ahead to a busy week of corporate earnings. Crude Oil gained amid tensions in […]

China is “Cautiously Optimistic”on Trump Trade Talks Despite Tariffs’ Escalation

China is “Cautiously Optimistic”on Trump Trade Talks Despite Tariffs’ Escalation

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 […]

Investors in China’s Stock Market Focus on PBoC Stimulus Measures

Investors in China’s Stock Market Focus on PBoC Stimulus Measures

$CNY China’s stock market investors are not quite ready to see Beijing scale back its efforts to support the economy. Stocks started the week lower after improving data prompted traders to pare back their bets for additional stimulus. The Shanghai Composite Index rallied Tuesday after the PBoC injected cash into the financial system, alleviating concerns […]

Investor Focus this Week: Geopolitical Events + Big Bank Earnings

Investor Focus this Week: Geopolitical  Events + Big Bank Earnings

$BAC, $C, $JPM, $MS, $WFC, $USD, $GBP, $JPY The Fed As the US yield curve is deciding whether to invert/not Invert, investors seek reassurance that we are in a era of non-inflationary growth, and focus on monthly price gauges this week. Wednesday, the US Labor Department is expected to report that its March Consumer Price […]

Expect Fed to Signal No Rate Hikes Anytime Soon

Expect Fed to Signal No Rate Hikes Anytime Soon

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Cyclical sectors outperformed, follow-through buying interest came in on no new catalysts. Boeing (NYSE:BA) and Facebook (NASDAQ:FB) extend losses on familiar story lines Patience is the FOMC’s focus now, signaling that it went too far last year with its 4 rate hikes, so no interest rate hikes likely soon. […]

EU Cannot Not Rely on US Growth to Help

EU Cannot Not Rely on US Growth to Help

FLASH: President Trump’s top economic adviser offered sharp criticism of the European Central Bank’s (ECB) revival of stimulus measures to spur the EU’s economy. National Economic Council Director Larry Kudlow said that a ECB decision Thursday to extend a new round of cheap loans to the banking system wouldn’t be enough to fix the continent’s […]

China Musts: Align with US on Trade and Stimulate Sinking Economy

China Musts: Align with US on Trade and Stimulate Sinking Economy

China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said Wednesday. Mounting US trade tariff pressure on the world’s 2nd-biggest economy pushed growth last year to its lowest since Y 1990 even as Beijing stepped up stimulus measures […]