Equities Continue to Melt Higher… and What Happens If We Get A Trade Deal?
No surprise hear, that with the talk of a possible trade deal, markets continue to rise. For the week, the Dow Jones Industrial Average moved higher by 1.24%, the S&P 500 .94%. The Nasdaq Composite increased .77% however the small cap Russell 2000 took a small step back, down .10%. Over the pond, stocks didn’t […]
Market Banking on a Trade Deal & Medicare Part B – 6.7% Premium Hike!
The US Stock Market continues to melt higher anticipating a Phase 1 Trade Deal with China. As we are unaware of the details, the market is anticipating with a trade deal, Corporate America will get off the sidelines and Corporate Earnings will again re-ignite. Argus research has reported that the overall decline in 3rd quarter […]
Fed/GDP/Jobs/Earnings – All Viewed Positive!!
Last week I wrote “A lot of stuff this week”. Yes, it was a busy week! The Federal Reserve lowered rates as expected by 25 basis points. This is the 3rd rate cut in 4 months. Many are now speculating the Federal Reserve will be on hold until after the election unless the economic data […]
2 Big Weeks of Corporate Earnings / Feels Great to be PROUD!
2 Big Weeks of Corporate Earnings 73 S&P 500 companies have reported 3rd quarter earnings with 84% beating consensus expectations. This week we’ll hear from 125 S&P 500 companies, with 46 on Thursday. Amazon reports on Thursday which will give us an indication of how consumers are spending. The week following is actually the week […]
Markets Rise Anticipating Rates Cuts and China Deal…
Markets on the Rise! With US Treasury rates continuing to stay low, I think it’s in the bank that the Federal Reserve will continue to slash interest rates, which certainly makes stocks more attractive. One of the negatives, is that I’ve already seen my American Express High Yield Savings Account reduce the rate from 2.0% […]
