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E Tariff Jitters Boosted U.S. Economic Growth In The Second Quarter
U.S. real GDP increased at a seasonally adjusted annual rate of 4.1% in the second quarter as compared with only 2.2% growth in the first. The price index for GDP increased 2.3% in... -
Finance 0
Latest Freight Data Confirms Alarming Slowdown In Global Trade
While the US stock market and economy continue to remain stubbornly immune to the ongoing trade war, the same can not be said for global trade as observed and measured by world fre... -
Finance 0
US Dollar Sheds Windfall Gains, May Resume Core Uptrend
by Ilya Spivak , Sr. Currency Strategist FUNDAMENTAL FORECAST FOR THE US DOLLAR: BULLISH US DOLLAR TALKING POINTS: US Dollar lower as haven-linked gains are unwound Powe... -
Finance 0
Tesla CEO Musk Says Staying Public Is Better Path For Company
Tesla (TSLA) CEO Elon Musk announced in a blog post that his company will remain public. The post reads in part, “Our investors are extremely important to me. Almost all have... -
Finance 0
SPX Makes A New All-time High
VIX completed a 78.6% retracement from its August 15 high, a normal retracement for the VIX. The probe above critical support at 13.10 triggered a probable buy signal in the VIX. T... -
Finance 0
Economic Data And Forecasts For The Weeks Of August 27 And September 3
Here are my forecasts for upcoming economic data. Forecast Prior Observation Consensus Week of August 27 August 27 Chicago Fed National Ac... -
Finance 0
China’s Tech Stocks Mired In Trade & Other Woes: What Next?
On Aug 23, Alibaba Group Holding Limited BABA reported lower-than-expected earnings. This resulted in shares of U.S.-listed Chinese tech companies plummeting on Thursday. Chinese... -
Finance 0
Saudi Shelves IPO With Oil Above $75, Dallas Fed Sees Upside Shock Risk
Fundamental Forecast for : Neutral FUNDAMENTAL CRUDE OIL TALKING POINTS: The ONE Thing: Supply risk has jumped back into the picture. After multiple weeks of weakness, there i... -
Finance 0
Dollar’s Correction May Have More Room To Run
As the US dollar appeared to break higher, we noted that it was overextended. Against most of the major currencies, it was beyond its Bollinger Bands, set at two standard deviati...