Markets
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. ...
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 moreJob 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 moreU.S. Economy’s Rebound Continues to Confound Forecasters
The economic recovery is beating forecasters’ expectations in many categories. ...
Read moreStocks 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 moreADP’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 moreU.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 moreEconomy 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 moreHomebuilders’ Housing Market Index Surge Shows Recovery More Than Just Homes
The recovery in housing is much more than just a recovery in housing. ...
Read moreWholesale 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 moreJobs Report Shows Nearly Five Million Jobs Added in June
The U.S. recovery is well underway, and ahead of most economists' expectations. ...
Read moreDow 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 moreRetail 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 moreFed’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 moreThe 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