Market Ignoring Economic Realities All three of three of the U.S. stock market indexes are ringing in the New Year with new record highs. The
Fed Fears Inflation Is Not High Enough Fed statements drove the markets today; particularly the foreign exchange markets and the precious metals markets. First we
Summary: Every tax cut is temporary. Ryan’s premise that we can’t get the stimulus we need without a permanent tax cut is complete nonsense. Congress
I guess you could say a good jobs report is all in the eye of the beholder And when it comes to President Trump’s eyes,
It’s Friday the 13th and it is a Friday before a 3-day holiday weekend Monday, of course is Martin Luther King Day The stock market
This is another big week for economic data; it is a holiday-shortened week On Friday we get the big Non-Farm Payroll report If it’s a
The Dow 20,000 party is going to have to wait – at least for another day The Dow was down a little bit today –
The Trump fantasy rally continued today, of course the big irony here is that all of the stock traders who were so worried about a
The official probability of a December rate hike continues to diminish over the last several days The markets had the rate hike at about a
This morning the government released the most important, the most highly-anticipated economic release of the month At least that’s what everybody who trades in just
