My, how things change… Little more than a year ago, German banks were starting to rebel against their central bank’s policy of pegging interest rates at less than zero. The German economy is bet...
In its second of three estimates, the BEA revised second-quarter GDP up to 3.0% from 1.2%. The consensus was 2.8%. The BEA’s measure of inflation was 1.0%. Lower inflation numbers raise real GDP. ...
Andrew Agemy, Founder and President of Agemy Financial Strategies shares his thoughts on Amazon and the health of the US equity markets. Amazon is a great gauge of market health and he has some concer...
What makes a stock bubble is really two parts. Most people might think those two parts are money and mania, but actually money supply plays no direct role. Perceptions about money do, even if mistake...
Stocks Rally Despite Headline Risk The stock market has been amazingly resilient in the past few days as the S&P 500 is only down about 1.2% from the all-time high despite the increased threat of ...
The Second Estimate for Q2 GDP came in at 3.0% (3.03% to two decimals), up from 1.2% in the Third Estimate of Q1 GDP. With a per-capita adjustment, the headline number is lower at 2.38% to two decimal...
Ticker Last High Low Daily Change (pip) Daily Range (pip) AUD/USD 0.7916 0.7996 0.7906 35 90 AUD/USD gives back the advance from earlier this week follow a batch of positive data prints coming out of ...
While it’s nothing compared to what people in Texas and the Gulf Coast are going through, if you plan on traveling this coming Labor Day weekend, you can expect to pay up given Harvey’s impact on ...
The machines have achieved their short-term goal (getting the S&P above its 50-day moving average), next is getting green for the month. Once again, the US market open triggered a panic-buying bid...
Two research firms disagreed on the financial impact of Amazon’s (AMZN) acquisition of Whole Foods (WFM). Jefferies responded to the deal by lowering its earnings per share estimates for Amazon,...