US consumers expect to spend more money in Y 2019 than they did a year ago, data from the Federal Reserve Bank of New York revealed in a report Tuesday. Households expect larger increases in spending than they forecast the year prior on items including clothing, housing and transportation, data from the Survey of Consumer […]
Boeing (NYSE: BA): The Future Is Built Here Boeing (NYSE: BA) today announced its plans to reveal the exciting future of air and space travel at the 2018 Farnborough International Airshow, which takes place July 16-22. From hypersonic travel to the future of autonomous flight to manned space flight, Boeing will visually present the innovations […]
The US Economy is Rolling Along on Truck Tires Real GDP may be starting to do so at a faster speed now, exceeding the so-called 2% “stall speed,” which was the so-called “New Normal” from mid-2010 through Q-1 of Y 2018 Consider the following: A Supercharged Quarter: Friday, the Atlanta Fed’s GDPNow model boosted the Q2-2018 real […]
Look at the US Economic Reports Going into Earnings Season $DIA, $SPY, $QQQ Economic Growth and Investment The latest industrial production report was much better than expected and positive on multiple levels. Overall production was up 1.1% while the manufacturing component was up 1.2%. Probably more importantly, the improvement in manufacturing was centered on business […]
Cryptocurrencies Shaping Future of Business $BTCUSD, $CBOE, $CME When it comes to cryptocurrencies, their role is not rising, it has risen. Bitcoin 1st launched in Y 2009, and it was followed 4 years later by its primary competition, Ethereum. These 2 competitors are joined by dozens of other cryptocurrencies to create a comprehensive ecosystem that […]
President Trump’s Tax Reform to Drive Stock Market Higher $DIA, $SPY, $QQQ, $VXX The biggest reform of the US tax system in more than 30 years won final approval by lawmakers Wednesday, we expect it to drive a continuing rally in technology issues that has driven Wall Street to record highs this year. The Trump […]
The GCC is in Tech Transformation Mode From less traffic congestion on roads to connected healthcare systems, smart cities are moving to revolutionize the way the region functions The GCC region has been witnessing transformation on an unprecedented scale in the last few years, with economic challenges and technological progress having a combined effect on […]
US Factory Orders Post Decline in July $BA New orders for US-made goods recorded their biggest drop in nearly 3 years in July, but orders for capital goods were stronger than previously reported, pointing to robust business spending at the start of Q-3. Factory goods orders fell 3.3% amid a slump in demand for transportation […]
Hyperloop One Marks MPH Milestone Los Angeles-based Hyperloop One’s electromagnetically propelled passenger pod reached nearly 200 mph in its most recent milestone announced Wednesday. Executives of the 3-year-old tech company say they’re now ready for global commercialization of the new energy-efficient, autonomous transportation system. They wrapped up the 2nd phase of engineering tests of the […]
US Durable Goods Orders + 6.5% in June $DIA, $SPY, $QQQ, $VXX Orders for long-lasting US$, aka Durable Goods, factory goods posted the biggest gainer in almost 3 years last month, pulled up by a surge in demand for civilian aircraft. The Commerce Department said Thursday that orders for durable goods, which are meant to […]
Morgan Stanley’s Adam Jonas on Ferrari (NYSE:RACE) $RACE “Ferrari (NYSE:RACE) remains one of our very highest conviction long ideas in US autos.” Adam Jonas “Ferrari may be the lowest risk business in both cyclical and secular terms of any company under Morgan Stanley’s NA coverage …. Ferrari’s business composition leaves it very shielded to a […]
Crude Oil Glut Widens, Saudi Arabia ‘Jawbones’ Prices $OIL, $USO When I dig deep into the world of barreled and stored Crude Oil, Bearish signals abound in the EU market that helps dictate global Crude Oil prices. The price difference between Brent Crude for delivery out 2 and 3 months, a meausre telling traders how […]
The Eurasian Century Is Now Unstoppable I recently returned from a fascinating 2 week speaking tour in China. The occasion was the international premier of my newest book, One Belt, One Road–China and the New Eurasian Century. In the course of my visit I was invited by China’s Northwest University in Xi’an to give […]
New Orders for US Factory Goods Fell in May on Weak Demand $DIA, $SPY, $QQQ, $VXX New orders for US factory goods fell in May on weak demand for transportation and defense capital goods, but growing order backlogs and lean inventories suggested the worst of the manufacturing downturn may be over. The US Commerce Department […]
Exclusive Interview with Rick Burnett, Founder/CEO LaneAxis LaneAxis is a Disruptive Freight Management System Rick has brought forth a simple, scalable Virtual Freight Management system that puts information and cost-control under the command of the shippers. Rick and his Team have developed a simple desktop and mobile app that delivers efficiencies spanning the supply chain […]
Tips on How to Sell Your Million/s Dollar Vintage or Classic Car $BID Each and every year since 1971 hundreds of millions of dollars’ worth of classic and vintage collector cars find new homes via the world’s prestigious auctions and private treaty transactions. This year sales predictions this year are cautiously optimistic. But, no matter […]
LaneAxis, a Disruptive Freight Management System Over the past few years I have been following with great interest the passionate innovation of US freight logistics expert Rick Burnett. Rick has brought forth a simple, scale-able Virtual Freight Management System that puts the information and cost under the command of the shippers’ Rick and his Team […]
Dubai’s Expo 2020 Masterplan The 438-hectare site in Jebel Ali will be divided into several sections The Masterplan of the upcoming Expo 2020 Dubai was revealed last week at the Arab Media Forum, explaining the overall structure of the massive site. The exhibition area within the 438-hectare site in Jebel Ali will include a 2 […]