Market Ignoring Economic Realities All three of three of the U.S. stock market indexes are ringing in the New Year with new record highs. The
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Fed Fears Inflation Is Not High Enough Fed statements drove the markets today; particularly the foreign exchange markets and the precious metals markets. First we
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Summary: Every tax cut is temporary. Ryan’s premise that we can’t get the stimulus we need without a permanent tax cut is complete nonsense. Congress
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I guess you could say a good jobs report is all in the eye of the beholder And when it comes to President Trump’s eyes,
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It’s Friday the 13th and it is a Friday before a 3-day holiday weekend Monday, of course is Martin Luther King Day The stock market
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This is another big week for economic data; it is a holiday-shortened week On Friday we get the big Non-Farm Payroll report If it’s a
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The Dow 20,000 party is going to have to wait – at least for another day The Dow was down a little bit today –
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The Trump fantasy rally continued today, of course the big irony here is that all of the stock traders who were so worried about a
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The official probability of a December rate hike continues to diminish over the last several days The markets had the rate hike at about a
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This morning the government released the most important, the most highly-anticipated economic release of the month At least that’s what everybody who trades in just
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