A year and a half ago, in May of 2014, when Bank of America’s chief economist Ethan Harris decided to try his hand at long term (really long-term) forecasts, he made several predictions: that 2015 GDP would be 3.3%, that the
November 25, 2015
AT&T (NYST: T) is the first stock I ever owned. My grandfather bought me five shares when I was born. Information on AT&T’s stock price doesn’t go that far back – apparently because I’m ancient. And the company was forced to
While the media remains fixed on supply, the rest of the financial complex is prepared elsewhere. On Monday, Saudi Arabia announced what the mainstream has been waiting for (and often blatantly demanding) since the summer “rebound” faded into August liquidations.
Video Length: 00:05:01 In a week that is set aside for Thanksgiving and food celebration, our Aggressive Growth Stock Strategist Brian Bolan has the wind knocked out of his sails. This is normally the time of year that we would
In the spirit of Thanksgiving, investors and readers can be thankful the market has weathered the news headlines headwinds coming out of Europe and the Middle East. Looking at the positives and not sweating the small stuff can certainly make
Fourth Quarter GDPNow Forecast Sinks to 1.8% Following today’s personal income report in which consumer spending rose only 0.1% month-over-month, the Atlanta Fed GDPNow Forecast for fourth quarter declined by 0.5 percent to 1.8 percent. “The GDPNow model forecast for real GDP
In my article from November 17, I touched on the growing number of retailers that report shrinking traffic and disappointing sales: Our consumer-driven economy is not getting any help from suddenly sober shopaholics. In the most recent report, the Commerce
A picture speaks better than words. No need for CNBC…just the facts. As a technical analyst and trend following stock trader I look at various time frames. Simple indicators, I have found to more clear to use. Looking at past
The ‘fog of war’ got murkier given Turkey’s shoot-down of a Russian SU-24; putting an impulsive Russian leader into heightened tension with questionably ‘soft’ on ISIS Erdogan. He has been quick to object to near-border flights by Russian aircraft (understandable,
U.S. equity markets went on Thanksgiving break a day early. The S&P 500 hovered in its second narrowest trading ranged of 2015 between its -0.14% intraday low minutes after the open to its 0.18% lunch hour high. It closed with
