Tuesday’s Wall Street Selloff Triggered by Trump, Not the Economy
The selloff in stocks on Tuesday gives investors another chance to buy stocks of excellent companies at a discount. ...
Markets
Two Words From the Fed, and Wall Street Jumps More Than Two Percent
Wall Street jumped at the news from Fed Chairman Jerome Powell that interest rates were “just below” a neutral level. ...
Read moreShoppers Set Records on Black Friday; Cyber Monday Records Likely As Well
While the Conference Board says the economy is slowing, Black Friday sales broke records and Cyber Monday sales are expected to do the...
Read moreWall Street Worries? Blame the Fed
It's the Fed. It's not durable goods orders or the "death cross" or other reports of an allegedly fading economy that's behind Wall...
Read moreStocks Bounce Higher on Better-than-expected Jobs Report
Stocks bounced higher on Wednesday following Tuesday’s relief rally, responding to another positive employment report from ADP/Moody’s: The economy notched a gain of...
Read moreU.S. Treasury’s Massive Problem: How to Fund Increasing Deficits
The national debt of the United States government jumped by $1.3 trillion during the fiscal year ending September 30, and the U.S. Treasury...
Read moreBear Market in Stocks Not Likely
Is the recent stock sell-off likely to continue? Is this a precursor to a decline in the economy? Not according to managers of...
Read moreFed to Blame for Stock Market Selloff?
Wednesday’s selloff on Wall Street can be laid primarily at the feet of the Federal Reserve. ...
Read moreAmazon Robotics Is Automating Everything
Amazon, the largest Internet retailer in the world, purchased Kiva Systems, a robotics company specializing in shipping goods, in 2012, and it transformed,...
Read moreRepatriation of Foreign Earnings Gaining Momentum
Thanks to the Trump tax reform, major corporations with billions held overseas are bringing those billions home to be reinvested here. ...
Read moreAmerican Business Coalition Launches Anti-Tariff Campaign Against Trump
The trade tariff strategy being implemented by Trump involves patience. For this group of American companies, their patience is wearing thin. ...
Read moreU.S. Household Debt at $13.2 Trillion — Cause for Worry?
The latest report from the Federal Reserve Bank of New York triggered all manner of financial anxiety: U.S. household debt is at an...
Read moreTrump Tax Reforms Allow Companies to Expand Benefits, Increase Wages
More and more U.S. companies are using benefits from President Trump’s tax reform program to enhance their employees’ benefits, from paying more of...
Read moreHuge Second-quarter GDP Gains; Some Say Unsustainable
President Trump’s celebrated huge second-quarter GDP gains, and on cue, the naysayers came out of the woodwork, explaining why the second quarter’s numbers...
Read moreChina’s Slowing Economy Comes at Perfect Time for Trump
Trump the negotiator most likely welcomes Chinese difficulties as leverage to get a fairer trade deal for the United States. ...
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