Article By:
Tyler Durden
Sunday, December 16, 2018 2:42 AM EST
Despite a recent slump in the markets, the U.S. economy is still putting up strong numbers. Unemployment is at its lowest point since the 1960s, and the U.S. manufacturing sector is thriving. Yet, many communities in the US are struggling.
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Article By:
Menzie Chinn
Sunday, December 16, 2018 1:28 AM EST
Around the world, some 10 year-3 month government bond yield spreads are shrinking.
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Article By:
Doug Noland
Sunday, December 16, 2018 12:11 AM EST
When the European Central Bank switches off its money-printing press at the turn of this year and stops buying fresh assets, it will mark the end of a decade-long global experiment in how to stave off economic meltdowns.
In this article: XLV, JNJ, INTC, AVGO, SPY
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Article By:
John Rubino
Saturday, December 15, 2018 11:01 PM EST
The past few years have seen more than the usual amount of political upheaval. But, interestingly, most regime changes have resulted in pretty much the same thing: Higher government spending and bigger deficits.
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Article By:
Tyler Durden
Saturday, December 15, 2018 10:42 PM EST
62% of Americans report not getting a pay raise or better paying job in the past year - up from 52% last surveyed last year.
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Article By:
Mark Vickery
Saturday, December 15, 2018 9:08 PM EST
A week and a half before Christmas Day, we remain in the heart of holiday shopping season. This points directly to the business of retailers, and new Retail Sales numbers came in Friday morning.
In this article: QQQ, DIA, SPY
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Article By:
DailyFX
Saturday, December 15, 2018 8:18 PM EST
Crude oil prices head into the remaining weeks of 2018 looking vulnerable. Since bottoming in late November, hopes of OPEC production cuts and Russia unexpectedly playing along have failed to reverse the dominant downtrend from October.
In this article: USO, UUP
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Article By:
Zacks Investment Research
Saturday, December 15, 2018 7:44 PM EST
The performance of the drug/biotech space has been mixed so far this year. The Zacks Large Cap Pharmaceuticals industry (comprising some of the world’s biggest drugmakers) has gained 8.3% against the S&P 500 Composite’s decrease of 0.9%.
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Article By:
Mish Shedlock
Saturday, December 15, 2018 7:33 PM EST
Tether is now the 4th leading crypto by market cap despite having no business address, no phone number, no audit of assets, etc., and not even a verifiable bank.
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Article By:
Christopher Lewis
Saturday, December 15, 2018 7:21 PM EST
One of the most difficult tasks that I have as a technical analyst is to predict the yearly movement of a Forex pair. This becomes even more difficult when we are talking about one that is dominated by high-frequency trading like the EUR/USD pair.
In this article: FXE
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Globally synchronized growth is dead, that much is for certain. There wasn’t much decoupling anywhere in between.
The recent slide in Bitcoin has taken the price pretty far below the cost to mine it. This implies, but does not guarantee, that something has to give.
I cannot tell you whether or not another financial crisis is around the corner. I can tell you that when banks get beat, overly aggressive risk-taking in broader stock indexes is ill-advised.
We cautioned last week against reading too much into OPEC’s promises of supply cuts. Such caution was warranted as Oil finished the week on the lower target level and there’s no change in our trading signals.
The continued strength of payroll job growth, as well as the slowly building wage pressures in recent months, support the scenario of a fourth rate hike this year by the Fed at its December meeting.
Expatriates from the EU would rather the Brexit referendum was never held as would some top companies headquartered in the English capital. This divorce has become so painful to bear that no one really wants it.
McDonald’s has been a great investment in the past, as the company has produced consistent growth (earnings, share price, and dividends) for decades, easily outpacing the returns of most other restaurant companies.
