US Economy Continues to Expand

US Economy Continues to Expand

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: This economic expansion is set to become longest in US history, according to the latest leading-indicators data. The Conference Board Leading Economic Index (LEI) for the US increased 0.2% in April to 112.1, following a 0.3% increase in March, and a 0.2% increase in February. “The US LEI rose […]

President Trump is Feeding China a ‘Banquet of Bitter Fruit’

President Trump is Feeding China a ‘Banquet of Bitter Fruit’

FLASH: US and China at impasse over trade, Larry Kudlow says new tariffs will remain. The United States and China appeared at a deadlock over trade negotiations Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any “bitter fruit” that harmed its interests. The trade dispute […]

SEC Approves the Long-Term Stock Exchange

SEC Approves the Long-Term Stock Exchange

$ICE, $NADQ Friday, US regulators approved a new stock exchange that is the brainchild of a Silicon Valley entrepreneur, a move that will give high-growth technology companies more options to list their shares outside of the traditional New York exchanges. The US Securities and Exchange Commission (SEC) Friday approved the creation of the Long-Term Stock […]

Democrats Cannot Impeach President Trump for Creating Best Economy in US History

Democrats Cannot Impeach President Trump for Creating Best Economy in US History

President Trump railed Monday against calls from an ugly/mean-spirited Representative Al Green (D-TX) for his impeachment, saying that Democrats cannot win the election fairly and that a President cannot be impeached for creating “the best economy in our country’s history.” “’Democrat Texas Congressman Al Green says impeachment is the only thing that can prevent President […]

President Trump Tuned Out the Noise Tweeting, “Kim will do nothing to interfere…denuclearization ‘”will happen”

President Trump Tuned Out the Noise Tweeting, “Kim will do nothing to interfere…denuclearization ‘”will happen”

Saturday, President Donald brushed off noise of a possible weapons test by NKorea, vowing that leader Kim Jong Un “will do nothing to interfere” and that a denuclearization deal with the US “will happen.” The Tweet, posted while President Trump was in route to the Trump National Golf Club in Virginia, was the President’s 1st […]

China Lowers Finance Barriers, Investors See Opportunity

China Lowers Finance Barriers, Investors See Opportunity

$GS, $BLK, $BX, $BABA China’s plan to open its $44-T financial sector to the world is drawing a positive reception from Top executives attending the Milken Institute Global Conference this week. The opening to foreign ownership of financial firms should be quickly beneficial to large US players, such as Goldman Sachs Group Inc., Blackstone Group […]

US Consumer Confidence Up in April, Economic View is Bright, the Trump Polices are Working

US Consumer Confidence Up in April, Economic View is Bright, the Trump Polices are Working

FLASH: The Trump Policies are working US consumer confidence was up in April as Americans felt more optimistic about present and future economic conditions, underscoring how a tight labor market and higher wages are underpinning attitudes amid some uncertainty. The Conference Board’s index climbed to 129.2, according to data from the New York-based group Tuesday that topped […]

US Economy: “3.2% GDP Growth Absolutely Sustainable, Could Go Higher”

US Economy: “3.2% GDP Growth Absolutely Sustainable, Could Go Higher”

FLASH: White House economic adviser Kevin Hassett said the “blockbuster” 3.2% economic growth in Q-1 is “absolutely” sustainable. The Trump Administration has already been forecasting 3.2% economic growth for Y 2019. “Maybe we would revise it up,” he said in a TV interview.. “The number was 3/10ths lower because of the government shutdown and … […]

“The Beast” is at Our Southern Border

“The Beast” is at Our Southern Border

Hundreds of invading immigrants hoping to reach the United States boarded La Bestia, a freight train in southern Mexico late Thursday, frustrated by efforts to slow their progress by the Mexican government, which is under pressure from President Trump. The risky move to board the train, known as “La Bestia” aka The Beast, followed a […]

Larry Kudlow Cautiously Optimistic US-China Trade Deal Will Be Struck

Larry Kudlow Cautiously Optimistic US-China Trade Deal Will Be Struck

Larry Kudlow, the Top White House economic adviser said Tuesday the United States and China were making progress in trade negotiations and he is “cautiously optimistic” about the prospects for striking a deal. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing for trade talks beginning 30 April, the White House […]

US-China Trade Trade Talks Coming to a Fruitful Close

US-China Trade Trade Talks Coming to a Fruitful Close

Saturday, US Treasury Secretary Steven Mnuchin said a US-China trade agreement would go “way beyond” prior efforts to open China’s markets to US companies and hoped that the 2 sides are “close to the final round” of negotiations. Secretary Mnuchin, speaking to reporters on the sidelines of the International Monetary Fund and World Bank Spring […]

President Trump has ‘Very Good’ Relations with Chairman Kim, 3rd Summit Likely

President Trump has ‘Very Good’ Relations with Chairman Kim, 3rd Summit Likely

President Trump said relations with Chairman Kim remain “very good” and he opened the door Saturday for a 3rd Summit, hours after the NKorean leader said he’s willing to meet as long as the US offers acceptable terms for a deal by year end. “I agree with Kim Jong Un of North Korea that our […]

US and China Agree to Trade-Enforcement Offices

US and China Agree to Trade-Enforcement Offices

FLASH: Treasury Secretary Steven Mnuchin said Wednesday that US-China trade talks continue to make progress and the 2 sides have settled on a mechanism to police any agreement, including new enforcement offices. Secretary Mnuchin, speaking on television, said that a call with Chinese Vice Premier Liu He Tuesday night was productive and discussions would be […]

Rally Extends, Chip Index Marks Record Highs

Rally Extends, Chip Index Marks Record Highs

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Semiconductor stocks outperformed following some positive industry indications, Chip Index at record highs US- China trade talks resumed in Washington and the Financial Times reported a final trade deal is nearly done, enforcement a working issue Positive non-manufacturing PMI data out of China and Europe US stocks finished higher Wednesday, […]

President Trump, “I Will Be Closing the US-Mexico Border”

President Trump, “I Will Be Closing the US-Mexico Border”

FLASH: President Trump  said Friday he will close the US border with Mexico next week if Mexico “does not immediately stop all illegal immigration coming into the United States” from the region. He announced his intentions in a series of Tweets, as follows: The DEMOCRATS have given us the weakest immigration laws anywhere in the World. Mexico […]

UK Lawmakers Reject PM May’s BREXIT Deal Again

UK Lawmakers Reject PM May’s BREXIT Deal Again

$GBP UK lawmakers rejected PM Theresa May’s BREXIT deal for a 3rd time Friday, sounding its probable death knell and leaving Britain’s withdrawal from the European Union in turmoil on the day it was supposed to leave the single currency socialist bloc. The decision to reject a stripped-down version of Mrs. May’s deal has left […]

US Consumer Confidence Still Confident

US Consumer Confidence Still Confident

American consumers were feeling less confident this month amid continued volatility in the financial markets. The Conference Board, a business research group, says its consumer confidence index fell to 124.1 in March from 131.4 in February. The index, covering through 14 March measures consumers’ assessment of current economic conditions and their expectations for the next 6 months. […]

Gold Firms, Investors Move into Safe-haven Assets

Gold Firms, Investors Move into Safe-haven Assets

$GLD.$USD, $JPY FLASH: Last week gold posted its 3rd consecutive weekly gainer and rose 1%, the most since the week ending 1 February. The fundamentals Spot gold up 0.1% at $1,314.21 oz as of 0128 GMT. US gold futures up 0.2% at $1,314.40 oz. Investors sold shares Monday moving to the safety of bonds, while […]

Box Office: Jordan Peele’s ‘Us’ Opens to Austonishing $70.3-M

Box Office: Jordan Peele’s ‘Us’ Opens to Austonishing $70.3-M

$DIS, $CMCSA, $VIA, $CBS Us, the follow-up to ‘Get Out’ scored the 3rd-biggest horror opening of all time, while ‘Captain Marvel’ flew past $300-M in North America and $900-M globally. Us debuted to $70.3-M at the domestic box office over the weekend to scare up the 3rd-biggest horror opening ever. Overseas, Us took in $16.7-M from […]

Update: US Withdrawing Earlier NKorea-Related Sanctions

Update: US Withdrawing Earlier NKorea-Related Sanctions

President Trump Friday did not yet reverse NKorea-related sanctions on 2 Chinese shipping companies, a Trump Administration source familiar with the matter said. The source was responding to queries about a tweet sent by Trump earlier in the day that said he had ordered the withdrawal of sanctions announced by the Treasury Department, a statement […]

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk Driving Vehicle Delivery ‘Priority’ Into Q-1 End

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk Driving Vehicle Delivery ‘Priority’ Into Q-1 End

$TSLA Tesla’s (NASDAQ:TSLA) vehicle deliveries scheduled across Europe, China and North America should be a “primary priority” for all employees during the last 10 days of Q-1, Chief Executive Officer Elon Musk said in an e-Mail to employees Thursday. Deliveries set for 2 continents simultaneously with North America were a 1st for the Palo Alto, […]

Unprecedented Spring Flooding Possible Nationwide

Unprecedented Spring Flooding Possible Nationwide

FLASH: Weather forecasters say stage is set for unprecedented major flooding this Spring for most of the nation, US officials said Thursday. More than 200-M Americans are at risk for some kind of flooding, with 13-M of them at risk of major inundation, the National Oceanic and Atmospheric Administration said in its Spring weather outlook […]

US Consumer Sentiment on High Income Optimism

US Consumer Sentiment on High Income Optimism

FLASH: US consumer sentiment rose by more than expected as optimism picked up for incomes and the economy, suggesting support for growth in coming months. The University of Michigan’s (MSI) preliminary March sentiment index advanced to 97.8, the highest this year, compared with the median forecast of 95.6 in a Bloomberg survey of economists, according to […]

US-China Trade Talks Progressing Quickly

US-China Trade Talks Progressing Quickly

FLASH: Talks of Summit flourish in Washington and Beijing President Trump and Treasury Secretary Steven Mnuchin said on Thursday that discussions with China to end a months-long trade dispute are progressing quickly. Washington and Beijing have been locked in a tariff battle as US officials press China for an end to practices and policies it […]

US New Home Sales Declined in January

US New Home Sales Declined in January

Sales of new US single-family homes fell in January, suggesting the housing market weakness persisted early in Q-1. The Commerce Department said on Thursday new home sales declined 6.9 percent to a seasonally adjusted annual rate of 607,000 units. December’s sales pace was revised higher to 652,000 units from the previously reported 621,000 units. Economists polled […]

US Consumers Cautious, Retail Sale Up a Bit

US Consumers Cautious, Retail Sale Up a Bit

US retail sales ex-automobiles rose slightly in January after a sharp drop in December, reflecting cautious optimism taken by consumers after athe 35 day partial government shutdown. The Commerce Department said Monday that retail sales increased just 0.2%, after a sharp fall of 1.6% in December, the biggest US decliner in 9 years. The economy has […]

Fear of Recession Looms in China

Fear of Recession Looms in China

FLASH: President Trump’s tariffs slows China growth engine China’s exports fell the most in 3 years in February, while imports fell for a 3rd month running, pointing to a further slowdown in the economy and a trade recession despite a PBoC”s support measures. The shockingly weak readings from the world’s largest trading nation added to […]

US Housing Starts + 18.6% on Single-Family Homes

US Housing Starts + 18.6% on Single-Family Homes

US housing starts spiked 18.6% in January, as builders ramped up construction of single-family houses to the fastest pace in 8 months. The Commerce Department said Friday that January ground breakings occurred at a seasonally adjusted annual rate of 1.23-M. Home construction rebounded sharply from December, when the annual rate was just 1.04-M. The lion’s share of […]

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 […]

“US ‘Deservedly’ Optimistic of China Trade Deal”

“US ‘Deservedly’ Optimistic of China Trade Deal”

Wednesday, White House economic adviser Larry Kudlow says there’s “hope” that President Trump and Chinese President Xi will meet soon to finalize an agreement officials are optimistic a trade deal will be forged soon. “I don’t want to go into a timeline. There is hope that perhaps by the end of this month or early […]

Trump Administration: The Future of Post-BREXIT UK-US Trade

Trump Administration: The Future of Post-BREXIT UK-US Trade

FLASH: Calling for “fair, balanced, and reciprocal trade with the UK” and “state of the art rules” to achieve it, the US Trade Representative has published an 18-page document of negotiating objectives for the forthcoming UK-U.S. trade deal both nations hope to strike if Britain finally leaves the EU. The new document, from President Trump’s Trade […]

President Trump Makes it Clear, He Could Walk Away from the China Trade Deal if it is Not Right

President Trump Makes it Clear, He Could Walk Away from the China Trade Deal if it is Not Right

FLASH: “I am always prepared to walk!” President Trump Thursday warned he could walk away from a trade deal with China if it were not good enough, even as his economic advisers touted “fantastic” progress towards an agreement to end a dispute with the Asian country. The United States has imposed tariffs on hundreds of […]

Sidelined Investors ‘Shovel’ $965-M into Stock Funds on Market Rally

Sidelined Investors ‘Shovel’  $965-M into Stock Funds on Market Rally

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Sidelined investors join this Bull market rally, as retail stocks outperform following earnings reports from Lowe’s ($LOW), Best Buy ($BBY), and TJX ($TJX) Investors came back into US stock funds during the week ended 20 February. It has been the best start to a year for the S&P 500 since Y 1987, breaking a 5-week […]

US GDP to Rise, Inventories Up Most in 5 Years

US GDP to Rise, Inventories Up Most in 5 Years

FLASH: US Growth Estimates Raised US wholesale inventories increased by the most in more than 5 years in December. The surge in wholesale stocks reported by the Commerce Department on Monday, however, implied inventories were less of a drag on economic growth in Q-4 than previously thought. As result, economists boosted their Q-4 GDP growth estimates by […]

US-China Close to Resolving Trade Dispute, President Trump Pushes Deadline

US-China Close to Resolving Trade Dispute, President Trump Pushes Deadline

$SOY, $USD, $CNY FLASH: “…productive talks, I will be delaying the US increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement. A very good weekend for US & China!” The US and Chinese […]

Gold and Mining Stocks Looks Bright & Shiny

Gold and Mining Stocks Looks Bright & Shiny

$GLD, $GOLD, $USD, $GDX, $GS FLASH: The savvy observers see Golden opps in the precious Yellow metal and its miners. Last September in this column we suggested it was time for investors to add gold to their portfolios. And that data shows that since that time, gold has gained nearly 10%. Gold marked to a […]

Trump Trade Deal Optimism Driving This Market

Trump Trade Deal Optimism Driving This Market

$DIA, $SPY, $QQQ, $RUTX, $BAC, $VXX US are stocks rallying this year on signs of progress in US-S trade talks as managed and sidelined money continues to bet that there is not much upside left when President Trump’s deal is reached. That is wrong Heffx-LTN’s corporate earnings and equity valuations model as of Saturday indicates […]

Retreat and Recharge

Retreat and Recharge

We all need to take some time to relax in this high powered world. Retreats are a fantastic way to do this, as they get us away from the things that tend to make one feel SAD, anxious or overwhelmed every day, and get you into a place full of serenity. Here are some retreats […]

Wall Street Finished Mixed in Cautious Session

Wall Street Finished Mixed in Cautious Session

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: US-China trade talks resume in Beijing President Trump and China President Xi appear closer to a trade deal, according to Presidential counselor Kellyanne Conway. “The President wants a deal, and he wants it to be fair to American workers and American interests,” Ms. Conway said on TV early Monday. […]

My 2 Favorite US Long Weekend Road Trips

My 2 Favorite US Long Weekend Road Trips

Long weekends can be used for so much more than vegging out and marathon TV. A long weekend is the perfect time to go on an adventure. Taking a road trip is a great way to get to know the place where you live, and see sights you may not have ever seen. Here are […]

US Consumer Sentiment Comes Back

US Consumer Sentiment Comes Back

The measure of US consumer sentiment improved for the 1st time in 5 weeks as political tension in Washington eased after the longest government shutdown in the country’s history. The Consumer Comfort Index rose to 58.2 last week from 57.4, according to a report Thursday. A measure of ratings about personal finances climbed to a […]

Trump-Kim Summit Venue Shows Signs of Moving Beyond Conflict

Trump-Kim Summit Venue Shows Signs of Moving Beyond Conflict

The choice of Vietnam as the venue for a 2nd US-NKorea Summit this month shows the possibility of moving beyond conflict and division toward a thriving partnership, the US State Department said Thursday. State Department spokesman Robert Palladino told a news briefing that US Special Representative for NKorea Stephen Biegun was in Pyongyang to prepare […]

Some US Ski Resorts Off the Beaten Path

Some US Ski Resorts Off the Beaten Path

Here is a list of US ski resorts that are off the beaten path and not spartan. Crystal Mountain Resort, Washington Less than 2 hours from Seatac International Airport, Crystal Mountain Resort offers accessible affordability, with daily lift tickets as low as $47. Moguls are a mainstay of advanced runs here on the flanks of Mt. Rainier, but the […]

Midwest in Deadly Deep Freeze

Midwest in Deadly Deep Freeze

The deadly deep freeze grasping the Midwest sent temperatures plunging Wednesday to rival some of the coldest places in the world, triggering widespread closures of schools and businesses, and the canceling of more than 1,600 flights to and from Chicago’s airports. The US Postal Service even took the rare step of suspending mail delivery across […]

The Shutdown Had ‘Small Impact’ on US Economy

The Shutdown Had ‘Small Impact’ on US Economy

The US economy is strong and growing despite billions of dollars in losses during the recent partial government shutdown, said Grover Norquist, President of Americans for Tax Reform Tuesday while discussing a Congressional Budget Office report that $11-B was lost, with $3-B deemed a complete loss. “The Key thing is the economy continues today to grow and […]

America’s Mid-west in a Deep Freeze, Global Warming?

America’s Mid-west in a Deep Freeze, Global Warming?

President Trump took a jab at global warming late Monday, urging it to “come back fast” as temperatures are set to dip to way below freezing in the Midwest. “In the beautiful Midwest, windchill temperatures are reaching minus 60 degrees, the coldest ever recorded,” President Trump tweeted. “In coming days, expected to get even colder. People […]

Gold: Indian’s Buy Dips; Lunar New Year Boosts Demand in China; Investors Hedge Risk

Gold: Indian’s Buy Dips; Lunar New Year Boosts Demand in China; Investors Hedge Risk

$GLD Indian discounts shrink; dealers eye import duty announcement China premiums at $9.50-$11.50 oz Festival buying picks up in Singapore Demand for physical gold in India improved last week as local prices eased from their highest level in over 5 years, while buying gathered steam in China ahead of the Lunar New Year festival. Dealers […]

US Consumption, Business Optimism Remains Strong

US Consumption, Business Optimism Remains Strong

$BAC, $CG US consumer spending and business optimism remains strong in the United States despite disruption in the global economy because of trade disputes and the US government shutdown, Bank of America (NYSE:BAC) CEO Brian Moynihan said Thursday. “Based on experts and consumer activity (this month), it looks like a solid year for the US, […]

Stocks Saw Uneven Trade on Positive Earnings, Finish in the Green

Stocks Saw Uneven Trade on Positive Earnings, Finish in the Green

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 gained 0.2%, Dow Jones Industrial Average (+0.7%) and the NAS Comp (+0.1%) experienced uneven post options expiry trading action finishing in the Green. The Russell 2000 (-0.2%) did, too, but it finished in the Red.  Most S&P 500 sectors finished higher with consumer staples (+1.2%) and utilities […]

BREXIT Update: PM May’s Government Survived No-confidence Vote

BREXIT Update: PM May’s Government Survived No-confidence Vote

$GBP, $USD Wednesday, British Prime Minister Theresa May’s government survived a no-confidence vote, a day after her BREXIT deal was overwhelmingly rejected by lawmakers. The House of Commons expressed confidence in the government by 325 votes to 306, meaning Mrs. May can remain in office. There was no effect on US financial markets. Tuesday, UK […]

China Trade Talks “going very well”, Extend to 3rd Day

China Trade Talks “going very well”, Extend to 3rd Day

President Trump expressed optimism that US-China trade talks in Beijing are progressing well. Chinese authorities to give a statement following the latest round of negotiations. “Talks with China are going very well!” President Trump tweeted on Tuesday as the 2nd day of mid-level meetings wrapped up. While the hosts indicated the talks would run Monday and Tuesday, […]

US-China Trade Talks Progressing, President Trump Optimistic

US-China Trade Talks Progressing, President Trump Optimistic

President Trump is expressing optimism about trade negotiations with China as US officials are expected in Beijing for talks aimed at easing a trade dispute. President Trump spoke recently to Chinese President Xi Jinping Sunday, saying: “I really believe they want to make a deal. The tariffs have absolutely hurt China very badly.” After several […]

Apple’s 2019 Outlook Shakes the Broad Market

Apple’s 2019 Outlook Shakes the Broad Market

$DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL The S&P 500 fell 2.5% Thursday, as a revenue warning from Apple (NASDAQ:AAPL) and weak manufacturing data fueled concerns about a slowdown in global economic growth, undermining the broad market. The DJIA lost 2.8%, the NAS Comp lost 3.0%, the Russell 2000 lost 1.8%. On the day, 9 of the 11 […]

President Trump Intent on Making Good His Promise to Build ‘The Wall”

President Trump Intent on Making Good His Promise to Build ‘The Wall”

President Trump is intent on following through with his campaign promise to build a Wall along the US-Mexico border, even if that means extending the partial government shutdown until Dems agree to $5-B in funding, Representative Mark Meadows (R-NC) “I can tell you that if they believe that this president is going to yield on […]

President Trump Actually Sacked Dem ‘Mad Dog’ Mattis, and Now He Has Run Him Out of His Administration

President Trump Actually Sacked Dem ‘Mad Dog’ Mattis, and Now He Has Run Him Out of His Administration

The publicity former US Defense Secretary James Mattis got over his resignation letter, has caused President Trump to appoint a new Defense Secretary Sunday morning, ensuring that General Mattis is out of the administration fast. Read Mad Dog Mattis was sacked! “I am pleased to announce that our very talented Deputy Secretary of Defense, Patrick […]

NORAD to Track Santa Across the Skies Christmas Eve Despite the Shutdown

NORAD to Track Santa Across the Skies Christmas Eve Despite the Shutdown

America’s children can rest easy today, as the partial government shutdown will not affect how the US military tracks Santa Claus’ worldwide journey this Christmas Eve. In a Tweet, NORAD (North American Aerospace Defense Command) and U.S. Northern Command reassured children and parents everywhere that the Santa tracking mission will continue “In the event of a government shutdown, NORAD will continue with […]

US Stocks Tapping at Bear Market Territory on Uncertainty

US Stocks Tapping at Bear Market Territory on Uncertainty

Stock Market’s Negative Reaction to Fed is “Overblown” $DIA, $SPY, $QQQ, $RUTX, $VXX US Treasury Secretary Steven Mnuchin said Thursday that the negative stock market reaction following the Fed’s rate hike this week was “completely overblown.” Secretary Mnuchin said the stock market overreacted, with computerized program trading taking over and driving stock prices down further. […]

The Data Indicates the US Stock Market is Undervalued

The Data Indicates the US Stock Market is Undervalued

$DIA, $SPY, $QQQ, $RUTX After 7 weeks+ of volatility financial guru’s are trying to explain what is fueling this stock market action, when the data say the market is undervalued. There looks to be a new “headline of the day” knocking the stock market.  Chinese trade talks, BREXIT, government shutdowns, Fed rate hikes, inverted yield […]

US Consumers Opened Their Wallets in November

US Consumers Opened Their Wallets in November

US consumer spending gathered momentum in November as households bought furniture, electronics and a range of other goods, which could further allay fears of a significant slowdown in the economy. The upbeat data from the Commerce Department on Friday bolstered expectations that the Fed will raise interest rates at its 18-19 December policy meeting, despite moderating inflation […]

Bomb Threats, Ransom Demands Bombard America

Bomb Threats, Ransom Demands Bombard America

The wave of electronic bomb threats have targeted businesses, schools and government agencies nationwide, putting authorities in Southern California on alert Southern California law enforcement and agencies nationwide confronted a barrage of emailed bomb threats Thursday. Businesses and schools were bombarded with the threats, but, so far, none of the local threats have been deemed […]

US, China Map the Path to Trade Dispute Resolution

US, China Map the Path to Trade Dispute Resolution

 China and the United States discussed the road map for the next stage of their trade talks early Tuesday, during a telephone call between Vice Premier Liu He and US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer. This month in Argentina, Presidents Trump and Xi agreed to a truce that delayed the planned […]

President Trump, “I want a trade deal good for US, China and Global Growth”

President Trump, “I want a trade deal good for US, China and Global Growth”

President Donald Trump wants to a trade deal that will be good for the United States, China, and global growth, White House Council of Economic Advisers Kevin Hassett said Monday.  The stock market responded, bouncing off its lows. “If a country came to the US right now and offered Zero tariffs, Zero non-tariff barriers, full […]

$5-B in Tariffs Collected in October From US-China Trade Dispute

$5-B in Tariffs Collected in October From US-China Trade Dispute

$5-B in Tariffs Collected in October From US-China Trade Dispute On Thursday and again on Friday, President Trump Tweeted that talks with China are going well. According to the data, the tariffs which are often paid by importers, who then pass the added costs onto companies to whom the products belong are may fall on the shoulders of […]

UPDATE: Huawei CFO’s Arrest In Canada For Extradition To The US

UPDATE: Huawei CFO’s Arrest In Canada For Extradition To The US

Huawei Responds To CFO’s Arrest In Canada For Extradition To The US UPDATE: Huawei CFO facing fraud charges re company’s links to a firm that tried to sell equipment to Iran despite sanctions. Friday afternoon a Canadian prosecutor said in the bail hearing. After 6 hrs of arguments for and against no decision was reached and […]

China Confident it Can Make President Trump’s Trade Deal

China Confident it Can Make President Trump’s Trade Deal

China Confident it Can Make President Trump’s Trade Deal $USO, $SOY, $UNG Wednesday, China expressed confidence that it can reach a trade deal with the United States. The remarks by the Chinese Commerce Ministry from Beijing followed Presidents Trump and Xi declaring a truce in the trade dispute at a meeting in Argentina Saturday evening. […]

US Home Mortgage Activity at 2-Month Highs as Loan Costs Fall

US Home Mortgage Activity at 2-Month Highs as Loan Costs Fall

US Home Mortgage Activity at 2-Month Highs as Loan Costs Fall Interest rates on 30-year, fixed-rate “conforming” mortgages with balances of $453,100 or less, averaged 5.08% last week, US borrowers filed the most home mortgage applications in nearly 2 months as 30-year home loan costs fell to their lowest marks since early October, the Mortgage […]

White House Hails China Trade Truce

White House Hails China Trade Truce

White House Hails China Trade Truce The Trump Administration is celebrating the 90-day truce it reached in its trade dispute with China as a significant breakthrough despite some skepticism that Beijing will yield to US demands anytime soon. “This is just an enormous, enormous event,” Larry Kudlow, President Donald Trump’s Top economic adviser, said of […]

New Orders Surge, US Manufacturers Expand Pace

New Orders Surge, US Manufacturers Expand Pace

New Orders Surge, US Manufacturers Expand Pace $SOY, $UNG, $USD US manufacturers expanded at a faster pace in November as new orders surged, a positive sign for domestic economic growth heading into Y 2019. The Institute for Supply Management, an association of purchasing managers, said Monday its manufacturing index rose to 59.3 last month from 57.7 in […]

World Wide Stocks Surge on US- China Trade Truce

World Wide Stocks Surge on US- China Trade Truce

World Wide Stocks Surge on US- China Trade Truce $DIA, $SPY, $QQQ, $SOY FLASH: President Donald Trump says on Twitter that China has agreed ‘to reduce and remove’ 40% tariffs on cars from the United States. Futures on the DJIA are currently up 488 points after Presidents Trump and Xi agreed to a 90-day halt […]

More on the Goodness of Organic Real Foods

More on the Goodness of Organic Real Foods

More on the Goodness of Organic Real Foods Yes, Organic foods taste really good, and that is because organically grown produce that is not adulterated with hormones and chemical pesticides have the good green fresh taste that nature intended. Most people are amazed to experience what food really tastes like when they switch to Organic. […]

President Trump, “My relationship with President Xi is very special”

President Trump, “My relationship with President Xi is very special”

President Trump, “My relationship with President Xi is very special.” The Results so far of that Special Relationship President Donald Trump and Chinese President Xi Jinping agreed to keep their trade dispute from escalating with a promise to halt the imposition of new tariffs for 90 days as the world’s 2 largest economies negotiate a […]

Mexico’s President ‘AMOL’ Vows End “rapacious” Elite

Mexico’s President ‘AMOL’ Vows End “rapacious” Elite

Mexico’s President ‘AMOL’ Vows End “rapacious” Elite Veteran leftist Andres Manuel Lopez Obrador aka AMOL, 65 anni, took office as Mexican President Saturday, vowing to see off a “rapacious” elite in a country struggling with corruption, chronic poverty and gang violence on the doorstep of the United States. AMOL took the oath of office in […]

No Intelligence Directly Links Saudi Crown Prince to Khashoggi’s Assassination 

No Intelligence Directly Links Saudi Crown Prince to Khashoggi’s Assassination 

No Intelligence Directly Links Saudi Crown Prince to Khashoggi’s Assassination Saturday, US Secretary of State Mike Pompeo said he has seen all the intelligence possessed by the United States on the assassination of Saudi dissident Jamal Khashoggi and repeated that no direct evidence links Saudi Crown Prince Mohammed bin Salman to the incident. “I have read […]

US-Saudi Arabia Alliance is Vital

US-Saudi Arabia Alliance is Vital

US-Saudi Arabia Alliance is Vital Secretary of State Mike Pompeo said a U.S. partnership with Saudi Arabia is vital – despite the murder of journalist Jamal Khashoggi. Secretary Pompeo made his comments in a column posted Tuesday night in the WS-J. “The Trump Administration’s effort to rebuild the US-Saudi Arabia partnership is not popular in the […]

President Trump is Open to China Trade Deal Despite Impending Tariffs

President Trump is Open to China Trade Deal Despite Impending Tariffs

President Trump is Open to China Trade Deal Despite Impending Tariffs President Donald Trump is open to reaching a deal on US-China trade disputes  over dinner on Saturday with Chinese leader Xi Jinping in Argentina. However, President Trump is ready to hike tariffs on Chinese imports if there is no breakthrough As of Tuesday we […]

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