I add this, that rational ability without education has more often raised a man to glory and virtue, than education without natural ability. Marcus T. Cicero For the past few years much the angst of many experts we have consistently
June 2, 2017
I’ve periodically commented in this column that the oil industry’s new normal is one in which oil prices – having briefly cratered at below US$27 in February 2016 – have been drifting in the US$50 range since last October. The
When the Central Banks finally lose control of propping up the markets, will the big money be made in owning gold, silver or crypto-currencies? This is the question many investors who are focused on “alternative assets”, outside the typical mainstream
The U.S. Energy Department’s inventory release showed that crude stockpiles declined for the eighth straight week, continuing to drag down the overall surplus. Moreover, gasoline inventories dropped sharply ahead of the start to the summer driving season and refiners processed
As you most likely have heard by now, the Non-Farm Payrolls Report For May came in quite shockingly low. I had to crack up at one remark this morning that the jobs number is so low because we are at full
U.S. jobs numbers for May were nearly 50,000 under consensus. Does that make a rate hike by the Fed less likely? In this week’s episode, host Rob Cittadini, regional director, consultant relations, was joined by our Director of Client Investment
EUR/UDS reaches a new cycle high of 1.1269, breaking the previous high of 1.1266. Further resistance awaits at 1.13, followed by 1.1360 and 1.1420. Update The pressure continues and the new high is 1.1274. Will we reach the US elections
I have been writing for many years that they really don’t know what they are doing. I only wish it was that simple. There has been developing another layer or dimension to that condition, a second derivative of stupid, whereby
The International Trade in Goods and Services report shows the trade deficit widened to $47.6 billion in April from $45.3 billion in March. The April deficit was greater than any Econoday economist’s prediction. In addition, the Census Department revised the March deficit from $43.7
Unless you’ve been living under a rock, you know that retail stocks have been getting pounded in 2017. Just in the last couple of days, the stocks of Michael Kors (KORS) and Express, Inc. (EXPR) have fallen off a cliff. Meanwhile,
