On the surface, today’s monthly budget statement was disappointing: in March the US Treasury brought in total receipts of $216 billion, below the $228 billion last March, versus outlays of a record $392 billion, resulting in a deficit of $176 billion, more than
April 12, 2017
Quaint Oak Bancorp, Inc. (OTCQX: QNTO) (the “Company”), the holding company for Quaint Oak Bank, announced today that its Board of Directors at their meeting on April 12, 2017, declared a quarterly cash dividend of $0.05 per share on the
DOW – 59 = 20,591 SPX – 8 = 2344 NAS – 30 = 5836 RUT – 17 = 1359 10 Y – .01 = 2.29% OIL – .68 = 52.72 GOLD + 12.60 = 1287.60 The S&P 500 closed
Throughout the big rally investors have been bombarded for reasons not to join in. It is very profitable to play upon fears. You then sell page views and advertising, conferences, gold, annuities, or fancy structured products. I have taken a much less
Utilities tops the sector rankings, but it was the Real Estate ETFs making the largest upside move. Financials, the prime post-election beneficiary has run out of gas. Momentum continues to lead the factors scorecard, and a three-way tie has developed
US interest rates and the yen seemed to stabilize before US President Trump’s Wall Street Journal interview was released. For the first time in months, Trump used the bully pulpit to push the dollar down. The real broad trade-weighted dollar rose
Good news. It looks like stockcharts.com has restored the indicator, !PMOBUYALL. I believe a new short-term down trend started today. Here is a look at the medium-term cycle. The down trend started March 21. This index has had a really
In June 2012, Janet Yellen, then the Vice Chairman of the Federal Reserve, addressed an audience in Boston with what for the time seemed like a radical departure. It was the latest in a string of them, for conditions throughout the “recovery”
Ok, so who’s excited about earnings season? If you raised your hand, then Goldman has some knowledge they want to drop on you. Specifically, the bank is out with a list of their “25 most differentiated ideas ahead of earnings,”
Today president Trump both praised and blamed himself for the strong dollar. “I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me,” said Trump During the presidential campaign, Trump blamed Yellen
