Advance Estimate 4Q2017 GDP Quarter-Over-Quarter Growth At 2.6 Percent
The advance estimate of fourth quarter 2017 Real Gross Domestic Product (GDP) is a positive 2.6 %. This growth is marginally worse than the previous quarter’s 3.2 % if one looks at quarter-over-quarter headline growth.Year-over-year growth improved modestly so one could say economic growth was better. Analyst Opinion of GDP The consumer spending declined. I am not […]
Commodities: Trump’s Card
Commodity prices were on fire on Thursday morning still soaring after comments by Treasury Secretary Steve Mnuchin that the weak dollar was good for the U.S. economy.European Central Bank President Mario Draghi then weighed in and seemed aghast at the remote possibility that someone in a high governmental position might make a comment to weaken […]
Why Has US Regional Convergence Declined?
In the decades after World War II and up into the 1980s, the US economy experienced regional convergence: that is, the economies and incomes in poorer regions (like the US South) tended to grow more quickly than the economies of richer regions (like the US North). But in the 1980s, this pattern of regional convergence […]
Over $400 Million Stolen From Hacked Japanese Cryptocurrency Exchange
Earlier today we reported that cryptocurrencies tumbled overnight after one of the most popular, if unregistered, Japanese exchanges, Coincheck, halted withdrawals amid broad confusion as to what prompted the halt. Furthermore, Coincheck said it had stopped deposits into NEM coins, a hint that something fishy was taking place with the 10th-largest cryptocurrency by market value, which tumbled […]
Starbucks Corporation Shares Buck Lower On Q1 Revenues Miss
On Thursday January 25th, 2017, Starbucks Corporation reported quarterly earnings after the market closed. The earnings were stellar in the realm of performance. However, when you analyze them compared to what analysts have been expecting or what the whisper numbers were, then Starbucks slightly disappointed. Subsequently, shares got blasted in the after market trading session […]
What Factors To Own In Today’s Market
Investing is hard. Trying to time the market is harder. Timing return factors at the right time? Forget about it. The past few years have seen some of the industry’s brightest minds publish papers concerning the feasibility of timing return factors. The conclusions have varied slightly, but most generally agree that when investing in factors, trying to […]
Trade, Dollar, Trump
“In the long run we are all dead” was John Maynard Keynes’ famous criticism of economic models. The rest of the quote goes, “Economists set themselves too easy, too useless a task, if in tempestuous seasons they can only tell us, that when the storm is long past, the ocean is flat again.” We thank […]
Mastering Money Decision Making
The last week of January is upon us, and hopefully a good many of us are still riding the motivational high of our New Year’s resolutions. And with the stock market up nicely for the month, I hope that’s extra motivation that monies you’re investing for your future are growing nicely for you. Many of […]
USD/JPY Making A Bullish N Pattern Through Chuvashov Fork
The USD/JPY has made a strong push after US President Trump’s comments regarding the strong dollar. At this point we can see the USD/JPY making a possible N bullish pattern through the Chuvashov Fork targeting 109.72 and 110.05. MACD is above zero supporting the bullish move. If we see profit taking today, the USD/JPY could drop […]
Eregli Demir Sources Steel, Surplus, And Services
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week my Safari portfolio seeks a company in the basic […]
