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Fed Hikes Quarter Point, Raises Economic Forecast

Fed Hikes Quarter Point, Raises Economic Forecast

Mar 21, 2018 Finance 0

As expected, the Fed hiked a quarter of a point. Growth projections are up from December. The Fed anticipates three rate hikes this year. Here is a summary of Economic Projections. The FOMC Statement was pure boilerplate. Nonetheless, mainstream media pored over every word as if it matters. Here is some nonsense courtesy of Bloomberg. In another change to […]
E Solar Energy Stock Rally Following CSIQ Results

E Solar Energy Stock Rally Following CSIQ Results

Mar 21, 2018 Finance 0

The shares of solar stocks have been on fire this week after Canadian Solar (CSIQ) reported higher than expected profits and provided guidance that beat expectations on Monday. Despite its name, Canadian Solar owns and operates multiple factories in China. The solar panel maker’s earnings per share came in at $1.01, versus the consensus outlook […]
Banks, Bullion, & Bond Yields Jump As Hawkish Fed Sends Dollar Lower

Banks, Bullion, & Bond Yields Jump As Hawkish Fed Sends Dollar Lower

Mar 21, 2018 Finance 0

Baffle ’em with bullshit is working… The Fed hawkishly raised its rate-hike trajectory, raised GDP growth expectations, left the inflation outlook alone, but talked down the economic outlook in its statement – Powell has some ‘splaining to do. The Dollar index is lower (hawkish Fed statement) and bond yields only marginally higher… Banks are surging along with […]
E FANGs’ Role In The Bull Run Is Overstated

E FANGs’ Role In The Bull Run Is Overstated

Mar 21, 2018 Finance 0

It is no secret that the strength of the hottest tech stocks really carried the market’s water over the last year or so. The so-called FANG stocks, in any of a number of iterations, outpaced the major indices and by some measures now account for a whopping 46% of the market value of the Nasdaq-100 […]
FOMC Watch: One And Not Done

FOMC Watch: One And Not Done

Mar 21, 2018 Finance 0

As expected, the Federal Reserve (Fed) delivered its first rate increase of the year, raising the Fed Funds target a quarter point to its new range of 1.50% to 1.75%. Unlike last year’s March rate hike, this latest tightening move by the Fed was widely anticipated, and the policy makers did not have to do any “quick guidance” moves as was the […]
Existing-Home Sales Bounce Back In February

Existing-Home Sales Bounce Back In February

Mar 21, 2018 Finance 0

This morning’s release of the February Existing-Home Sales increased from the previous month to a seasonally adjusted annual rate of 5.54 million units. The Investing.com consensus was for 5.41 million. The latest number represents a 3.0% increase from the previous month and a 1.1% increase year-over-year. Here is an excerpt from today’s report from the National Association […]
One Bank Says A Dovish Fed Is Going To ‘Place A Floor Under The Stock Market’

One Bank Says A Dovish Fed Is Going To ‘Place A Floor Under The Stock Market’

Mar 21, 2018 Finance 0

Well then, Wells Fargo’s Chris Harvey is going to go ahead and make a pretty bold call ahead of the Fed, although I’m not entirely sure he meant for it to be as bold as it comes across. Obviously, the consensus is that this hike is going to have a hawkish spin on it and […]
5 Growth Investing Options In Industrial Products Sector

5 Growth Investing Options In Industrial Products Sector

Mar 21, 2018 Finance 0

The U.S. economy has performed significantly well in the past five years, with its major stock indexes, including the S&P 500 and Dow Jones Industrial surging 91.6% and 93.8% respectively. Its Gross Domestic Product (GDP) expanded roughly 9.5% in these years, with a year-over-year expansion of 2.3% recorded for 2017. The future expansion projections issued […]
Why The World’s Central Banks Hold Gold – In Their Own Words

Why The World’s Central Banks Hold Gold – In Their Own Words

Mar 21, 2018 Finance 0

Collectively, the central bank sector claims to hold the world’s largest above-ground gold bar stockpile, some 33,800 tonnes of gold bars. Individually within this group, some central banks claim to be the top holders of gold bullion in the world, with individual holdings in the thousands of tonnes range. This worldwide central bank group, also […]
Boom Bifurcation In Housing And Real Estate

Boom Bifurcation In Housing And Real Estate

Mar 21, 2018 Finance 0

How much growth is enough? It’s a pretty simple question that upon close examination leaves no easy answers. This is a problem that has plagued economists since there were economists. Recognizing very real dangers on both sides, there is as much trouble about “too much” as “too little.” The purpose of the modern central bank, […]