The economy grew to $29.7 trillion in Q4, or $23.5 trillion when adjusted for inflation (real GDP), according to the 3rd and final revision. This represents a compounded annual growth rate of 2.4% in...
Greener grass appears to be growing outside of the U.S. Attractive valuations, the prospect of easing global financial conditions coupled with fiscal support, and a drop in the US Dollar have been...
Donald Trump appears to have some sort of fantasy about what America is. I share his pride in this country as it was in the WWII era and maybe beyond, into the 1970s. I am, shall we say mature of age...
Ben Bernanke popularized the wealth effect theory during the financial crisis in 2008. In his words, “higher stock prices will boost consumer wealth and help increase confidence, which can also spur...
Trump announces car tariffs, prepares ground for April 2 deadline US equities suffer; European equities could be under severe pressure Dollar gets a small boost against euro and yen Gold and oil...
The US dollar remains in recovery mode, while EUR/USD saw weakness close to 1.0730 area after the Trump administration announced a 25% tariff on all imported cars and car parts entering the US. As a...
Gold Holds Above $3,000 The gold (XAU/USD) price remained relatively unchanged yesterday. Still, the bullish trend was intact as concerns over US President Donald Trump's new tariffs kept prices...
Given the fear as represented in investor surveys and various sentiment gauges a couple of weeks ago, one would think the recent market drawdown was significant. As a testimony to the concern,...
Both US equities and the dollar continue to recover US consumers are under stress, as the April 2 deadline is approaching Pound suffers from weaker inflation; all eyes on the Budget update Gold, oil...
The Atlanta Fed’s GDPNow economic forecasting tool predicts an imminent recession, which is fueling investor angst. However, the New York and St. Louis Feds’ Nowcast economic forecasts predict...