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Is Inflation A Problem?

Is Inflation A Problem?

Since “Surprise 16” when Donald Trump won the presidential election, he has made it clear that if he has his way, he will enact inflationary policies. These include increasing defense spending and infrastructure spending, while at the same time reducing government revenue via decreased income and corporate tax rates. To achieve this objective, money must […]
Dollar Tumbles To Session Lows On Mnuchin Devaluation, Trade Deficit Warning

Dollar Tumbles To Session Lows On Mnuchin Devaluation, Trade Deficit Warning

First, the dollar dropped following comments from commerce secretary Wilbur Ross, who said that he expected to start renegotiating NAFTA within two weeks and that Japan will be high on the list for trade agreements. Now, in a second salvo against the strong dollar on the same day, Bloomberg reports that during his first appearance […]
Earnings Update: As Expected, Companies Beat Expectations

Earnings Update: As Expected, Companies Beat Expectations

Written by Brad McMillan, Commonwealth Financial Network Will the stock market rally continue? That’s a big question right now, and the answer will depend on two things: Whether the fundamentals (i.e., corporate earnings) continue to improve Whether investor confidence continues to rise, driving valuations higher The signs on the latter look good. So today, we’ll take […]
Ionis Slides After Goldman Says Sell On ‘Lackluster’ Track Record

Ionis Slides After Goldman Says Sell On ‘Lackluster’ Track Record

Shares of Ionis Pharmaceuticals (IONS) are slipping after Goldman Sachs analyst Salveen Richter downgraded the stock to Sell, saying the company’s antisense platform has yet to be fully optimized given the low rate of clinical success and ongoing toxicity across multiple drugs. GOLDMAN SAYS SELL: In a research note this morning, Goldman Sachs’ Richter downgraded […]
Payrolls Still Slowing Into A Third Year

Payrolls Still Slowing Into A Third Year

Today’s bland payroll report did little to suggest much of anything. All the various details were left pretty much where they were last month, and all the prior trends still standing. The headline Establishment Survey figure of 235k managed to bring the 6-month average up to 194k, almost exactly where it was in December but […]
March Rate Increase By The Fed Seems A Near Certainty

March Rate Increase By The Fed Seems A Near Certainty

Chief Investment Strategist Erik Ristuben is joined by Sophie Antal-Gilbert, program director, advisor insights, as they take on the topic of the potential March rate increase by the Fed. They also discuss the latest comments from Mario Draghi and the European Central Bank and this week’s surprising drop in oil prices.  Video Length: 00:07:14  
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                        Can Humans Compete With High Frequency Traders?

EC Can Humans Compete With High Frequency Traders?

Many individual investors have been frustrated by the growing prominence of High Frequency Trading. Complicated algorithms can process new information and react in fractions of a second. It sounds intimidating, and in some sense, it is. Individual Investors would be poorly suited for direct competition. Instead, stick to what the market is giving you. The […]
Low Cost Manufacturing In Asia – The Mighty Five – MITI V

Low Cost Manufacturing In Asia – The Mighty Five – MITI V

The MITI V is the latest acronym to emerge from the wordsmiths at Deloitte’s. Malaysia, India, Thailand, Indonesia and Vietnam. All these countries have a competitive advantage over China in the manufacture of labour intensive commodity type products like apparel, toys, textiles and basic consumer electronics. According to Deloitte’s 2016 Global Manufacturing Competitiveness Index they […]
Crude Breakdown Could Take Stocks With It, Says Joe Friday

Crude Breakdown Could Take Stocks With It, Says Joe Friday

When an asset takes out horizontal resistance to the upside, it is nice to see the old resistance tested as new support, before pushing higher. The S&P 500 traded sideways for nearly 18-months, before breaking out to the upside and then testing old resistance as new support at (1) below. Once this support held, the […]
Gold $10,000 Coming – “Time To Prepare Is Now”

Gold $10,000 Coming – “Time To Prepare Is Now”

James Rickards: Long-Term Forecast For $10,000 Gold James Rickards, geopolitical and monetary expert and best selling author of the ‘The New Case for Gold’ has written an interesting piece for the Daily Reckoning on why he believes gold will reach $10,000 in the long term. Gold in USD Adjusted for Inflation 1970-2017 – Macrotrends.net He warns […]