Outlook

Oil and the Economy

The rise in oil prices is expected to have mixed effects on the U.S. economy. Higher gasoline prices will restrain consumer spending growth to some extent. However, increased energy exploration implies more capital spending, adding to GDP growth. For Federal Reserve policymakers, the key question is ...

Global Economic Perspective: May

In this month's Global Economic Perspective, our Fixed Income Group opines on rising energy prices, US Treasury yields, emerging-market currency pressures and global economic growth. ...

Micron Technology (MU) Stock: Headed For The Top On Stock Buyback Program

Micron Technology, Inc. (NASDAQ: MU) is having an overwhelmingly strong start to the trading session this morning and for good reason. Late in the after-hours the company announced a share buyback program that led to excitement among investors. Today, we’ll talk about: The share buyback program; w ...

DAX Unchanged, German PMIs Ahead

The DAX index has edged upwards in the Tuesday session. Currently, the DAX is at 13,099, up 0.17% on the day. On the release front, there are no German or eurozone data releases, so traders can expect a quiet day on German stock markets. On Tuesday, Germany and eurozone will release manufacturing ...

QOTD: How Politicians Use Economics

“The jobs pay for themselves,” she says, by creating new socially productive stuff that makes its way into the economy. What matters isn’t the deficit but whether these new work hours can generate something useful. Kelton thinks it’s obvious that there’s plenty of room for more work today ...

SPX -- Looking Ahead

FundamentalsTotal business sales have been ticking along at nearly 6.5% yr/yr. With reasonably strongvolumes and a price/ cost ratio fairly even, pretax margins have been advancing, and bottom linesare enjoying the large extra kicker from the tax cuts. As well, inventories are being managed wellcom ...

Commodity Volatility 2018-05-18 Video

I posted an additional article regarding this weeks video. This is a link specific to the video. The US Dollar is working real hard against the commodity up trend, but some of the commodities cannot be suppressed. Oil, Natural Gas, Heating Oil, Gasoline, and KOL are all soaring.  I mentioned a ...

Are You Prepared for Rising Interest Rates?

Interest rates continue their upward trend. In March, the US Federal Reserve (Fed) hiked the federal funds rate by 25 basis points to a target range of 1.5% to 1.75%, citing strength in the US labor market, a low unemployment rate and moderate economic growth. ...

How can we stop paying high fees on our bank stocks?

iStock Q. We have a portfolio of investments at an investment branch of a major financial institution. Our annual fees, based on the size of our portfolio, were $18,000 last year. This seems outrageous given that approximately one-third of our portfolio is sitting in bank stocks which we have no ...

Chicago Fed "Index Points to Little Change in Economic Growth in April"

From the Chicago Fed: Index Points to Little Change in Economic Growth in AprilThe Chicago Fed National Activity Index (CFNAI) ticked up to +0.34 in April from +0.32 in March. Two of the four broad categories of indicators that make up the index increased from March, and three of the four categories ...