Wall Street Analyst: Stocks to Move Higher, Enhancing Trump’s Reelection Chances
Wall Street, it is said, is merely a reflection of main street, and main street is doing very well. ...
Markets
Price Increases at Retail Level Accelerating, Thanks to Massive Money Supply Increase
Retail prices dropped when the shutdown began. But the newly created dollars pumped into the economy are now being spent, and prices are...
Read more
Job Growth in August Exceeds Forecasters’ Expectations, Raising Trump’s Reelection Chances
Watch the SPX — the S&P 500 index — from now until November 3. It has an uncanny record of calling the election. ...
Read more
U.S. Economy’s Rebound Continues to Confound Forecasters
The economic recovery is beating forecasters’ expectations in many categories. ...
Read more
Stocks Hit New Highs on Tuesday, Marking Third-fastest Recovery Since 1929
Two of the three major market indexes closed at record highs on Tuesday, marking the end of the bear market and making it...
Read more
ADP’s Disappointing July Jobs Report Offset by June’s Upward Revision
ADP’s National Employment Report was a massive miss. The miss, however, is likely to be offset when the Department of Labor reports on...
Read more
U.S. Exports Jump 14 Percent in June, Adding to GDP & Reflecting Economic Recovery
Exports of goods from the United States jumped from $90 billion in May to more than $102 billion in June, an eye-popping 14-percent...
Read more
Economy Rebounding; Stocks Setting Records
One reason for the extraordinary performance of the U.S. economy following the COVID-inspired shutdown is that Wall Street is increasingly persuaded that Trump...
Read more
Homebuilders’ Housing Market Index Surge Shows Recovery More Than Just Homes
The recovery in housing is much more than just a recovery in housing. ...
Read more
Wholesale Prices Drop in June; Economists Confounded
The Bureau of Labor Statistics announced on Friday that wholesale prices dropped by 0.2 percent in June. Economists were expecting an increase of...
Read more
Jobs Report Shows Nearly Five Million Jobs Added in June
The U.S. recovery is well underway, and ahead of most economists' expectations. ...
Read more
Dow and Employment Jump in May and June, Confirming Economy’s Rebound
Wall Street celebrated its best quarter since 1987, with the Dow gaining 17 percent from April through June, and private-sector employment increased by...
Read more
Retail Sales in May Set All-time Record High
The Commerce Department reported on Tuesday morning that retail sales in May jumped 17.7 percent, the largest monthly increase on record. ...
Read more
Fed’s Gloomy Outlook Sinks Stocks
Federal Reserve Chairman Jerome Powell’s assessment that the surprisingly favorable jobs report last week was likely a one-off blip is pushing stock prices...
Read more
The Bear Market in Stocks Is Over, Says Wall Street Guru
Wall Street gurus are saying the brief bear market in stocks is over, and the economy will quickly rebound to all-time highs as...
Read more