The average American household has roughly 6% less spending power than it did a decade ago. How can that be? Hasn’t the economy been expanding at an appropriate clip since the Great Recession? Haven’t median incomes been rising briskly in
April 4, 2018
Never a dull moment with President Dennison. If this were a reality TV show, the ratings would indeed be “tremendous”. So Trump is right about that. And ironically, the reason he’s right about that is precisely because he isn’t right about
It is official: the price of gold breaks out. This implies that the gold bull market resumes, after a strong 7-year bear market, and it moves into a new bull market in 2018. We quickly review the thoughts from these 3 articles
People who throw things out are my heroes. While you won’t see me on an episode of Hoarders anytime soon, let’s just say it’s a good thing I have a big garage. It’s filled with what I call “mementos” – and what
TSLA Misses Estimates & Stock Soars Tesla stock had been cratering in the past few weeks because of fears the firm would need to raise capital, that Elon Musk was an aloof CEO, and that the firm would miss Model
Take a company’s revenues over a given period of time, deduct production cost and you will have earnings! Earnings growth interests all, right from the top brass to research analysts. And why not? If the company doesn’t make money, it
This update is in response to a standing request for real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq Composite. It includes the latest monthly close data. Here are two overlays — one with the nominal price, excluding
Well, that was quite the reversal. My highest profit of the day was pretty much the millisecond that the market opened. It was all downhill from there. A glance at XLB, the Materials ETF, shows that the market is having
The US stock futures markets had slumped badly in the overnight session due to the escalating ‘trade war’ with China. And as you can see, stocks made a dramatic turnaround and finished markedly higher on the day. Silver was off a bit
Allergan plc (NYSE: AGN) investors have enjoyed seeing the stock price increase by 16.9% over the last month. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into
