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Market Talk – Monday, Sept. 17

Market Talk – Monday, Sept. 17

Another day another US/China trade headline dictating direction and concerns. One has to wonder if President Trump and the Washington Trade team are tagging it and playing good cop bad cop with the negotiators! President Trump is apparently insisting they impose additional tariffs, yet negotiators are attempting new talks. Meanwhile, the trend for both the […]
Downside Risks

Downside Risks

By the time Shinzo Abe had been elected, he already had the wind at his back. At least it could have been described that way by Economists. While Abe was given a second chance at being Japan’s Prime Minister in the middle of December 2012, his government found the yen and stock market moving in […]
Middle Class Income Hits All Time High, Poverty Rate Declines, But…

Middle Class Income Hits All Time High, Poverty Rate Declines, But…

The median middle-class US household earned an inflation-adjusted $61,372 last year – an increase of 1.8% over 2016 and an all-time high as it blew through the previous record set in 1999, according to a Wednesday release by the US Census Bureau. The percentage of people in poverty, meanwhile, dropped slightly from 12.7% to 12.3% – the third consecutive decline.  […]
Transition Time: Volkswagen Announces “Electric For All” Campaign

Transition Time: Volkswagen Announces “Electric For All” Campaign

Volkswagen is transitioning away from diesel. Today it announced “Electric for All”. With a world premiere of a new modular electric drive matrix, Volkswagen Launches ELECTRIC FOR ALL Campaign. As part of the ELECTRIC FOR ALL campaign launched today, the brand will be putting attractive models at affordable prices on the road, paving the way for […]
US Consumer Sentiment Nears 14-Year High: 5 Top-Ranked Picks

US Consumer Sentiment Nears 14-Year High: 5 Top-Ranked Picks

American consumers took an increasingly optimistic view of the economy in September, per a preliminary reading of consumer sentiment. The University of Michigan consumer sentiment index increased to a six-month high, nearing a 14-year peak and beating most estimates. A more favorable outlook for jobs and income was the primary catalyst for the month’s gains. […]
Chinese Goods – President Trump Threatens To Tariff $200 Billion Worth

Chinese Goods – President Trump Threatens To Tariff $200 Billion Worth

Chinese Goods – Latest Tariff News President Trump told his aides to go ahead with the tariff on $200 billion worth of goods. Let’s be clear, these are tariffs on $200 billion worth of goods, not $200 billion in tariffs like the news media sometimes reports in an effort to either be succinct or make […]
Cannabis Stocks Rise Amid Interest By Coca-Cola, Opportunities For Shopify

Cannabis Stocks Rise Amid Interest By Coca-Cola, Opportunities For Shopify

Shares of cannabis stocks are in focus following a report that Coca-Cola (KO) is in talks with Aurora Cannabis (ACBFF) as it eyes the cannabis industry and an analyst note from Keybanc which said Shopify (SHOP) has cannabis potential. COCA-COLA EYES CANNABIS: Coca-Cola is monitoring the nascent cannabis drinks industry and is in talks with […]
U.S. Fixed Income Calendar: The Week Ahead

U.S. Fixed Income Calendar: The Week Ahead

By Steven Levine Interactive Brokers senior market analyst Steven Levine provides some highlights for what to look for in the week beginning September 17.  
Apple Products To Be Excluded From Latest China Tariffs

Apple Products To Be Excluded From Latest China Tariffs

After sliding 2% on the day ahead of an imminent announcement of $200BN in new China tariffs which would hit tech companies hard, Apple stock rebounded from session lows following a Bloomberg report that the Trump administration would spare a category of high-tech products that includes the Apple Watch and AirPods headphone from the next round of […]
September 2018 Empire State Manufacturing Index Declined

September 2018 Empire State Manufacturing Index Declined

The Empire State Manufacturing Survey index declined but remains in expansion. The key internals likewise declined but remains in expansion. Analyst Opinion of Empire State Manufacturing Survey I am not a fan of surveys – and this survey jumps around erratically – but has been relatively steady for the last year. This report was weaker […]