President Donald Trump has issued his preliminary federal budget proposal looking to the U.S. government’s next fiscal year. What it shows is that there will likely be no attempt to reduce the size and cost of most of the American interventionist-welfare state. On Thursday, March 16, 2017, the White House released, “America First: A Budget Blueprint to Make America Great Again.” Listening to the comments of some on the political left, you would think that the world was going to come to an end. For many on the political right, the programs placed on the chopping block for reduction or near elimination seem like a dream come true–if t...
President Donald Trump has issued his preliminary federal budget proposal looking to the U.S. government’s next fiscal year. What it shows is that there will likely be no attempt to reduce the size and cost of most of the American interventionist-welfare state. On Thursday, March 16, 2017, the White House released, “America First: A Budget Blueprint to Make America Great Again.” Listening to the comments of some on the political left, you would think that the world was going to come to an end. For many on the political right, the programs placed on the chopping block for reduction or near elimination seem like a dream come true–if t...
The Bloomberg Dollar Index has given up almost three-quarters of the post-Trump-election gains – having tumbled for 5 days straight. However, with seemingly everything on the line in Thursday’s Obamacare repeal vote, the USD index is within 1% of two crucial technical levels. 1215-1217 is a critical level of support for the Bloomberg Dollar Index… The intersection of the 200-day moving average and a major fibonacci retracement level. As a reminder, speculators are still extremely net long Dollars… Is another big long-squeeze coming?...
Audio Length: 00:40:43 The efficient market hypothesis is one of the hottest debated topics in the investing world. In today’s session, we are going to discuss some of the many ways this theory is flawed. We will talk about many of the efficient market hypothesis assumptions and how they may or many not have gotten it wrong. Pricing is one of the main hot buttons in this theory and we will show why the efficient market hypothesis assumptions are incorrect. The efficient market hypothesis states the market can’t be beat All stock prices have all relevant information included in them Only way to beat the market is with passive inves...
Written by Richard Turnill The U.S. commercial real estate recovery is in its eighth year, but we believe it still has room to run amid reflation, competitive rental yields and potential for operating income growth. This week’s chart helps explain why. Resilient rental income has helped support U.S. real estate returns during past rate-hiking cycles, especially during more gradual ones like today’s. See the green bars in the chart above. And commercial properties are typically able to raise rents in reflationary periods, albeit often with a lag, providing some inflation protection. Reasons for real estate U.S. commercial property prices ...
Snap stock climbed by more than 6% on Wednesday after another analyst gave it a firm vote of confidence. The Snapchat parent company received its second Buy rating paired with an even higher price target than the one that accompanied its first. Meanwhile, another analyst reported today that Snapchat is beating Twitter among advertisers. Despite that, even Twitter is on the rise today. Coverage of Snap stock initiated at Buy In a research note dated March 21, Drexel Hamilton analyst Brian White said he initiated coverage of Snap stock with a Buy rating and $30 price target, which is even higher than the all-time high of $29.44 set in the ...
New numbers on Microsoft. Should this stock be in your growth portfolio or should it be in your Dividend Growth and Income portfolio? Video Length: 00:06:20...
The US dollar is struggling on the dovish hike and there is a “risk-off” sense in markets. What’s next? Here is their view, courtesy of eFXnews: Bank of America Merrill Lynch Research outlines 3 key global risk factors in G10 FX, and broader financial markets: 1) the US outlook centered around the twin risks of tighter monetary policy and looser fiscal policy; 2) the Euro–zone outlook in the face of political risk and potentially less ECB policy accommodation; and 3) China‘s cyclical upswing despite a tighter policy bias and property restrictions since 2016. Against this backdrop, BofAML provides a framework to understand...