Thursday was much ado about nothing, or at least that’s what it felt like. We got the tax plan and we got Powell, but we didn’t much in the way of fireworks. Here’s Powell promising not screw up with Trump
November 2, 2017
The bond market’s reaction to the Trump Tax Plan… Video length: 00:00:03 Bonds and Bullion were immediately bid and stocks and the dollar sank on the Trump Tax plan release – but as Europe closed, gold was ‘managed’ down, leaving
The bond market’s reaction to the Trump Tax Plan… Video length: 00:00:03 Bonds and Bullion were immediately bid and stocks and the dollar sank on the Trump Tax plan release – but as Europe closed, gold was ‘managed’ down, leaving
GOLD OUTLOOK UNCHANGED AS TRUMP APPOINTS POWELL TO CHAIR United States President Donald J. Trump somewhat unpredictably did the predictable by naming Jerome Powell the new Chair of the Federal Reserve. Fond of adding reality show suspense to his appointments,
The sheer breadth of Powell’s experience is refreshing compared to what we’ve had for the past 30 years. Powell has a deep understanding of the law and politics. He worked in the Treasury Department under Nicholas Brady and was confirmed
With a stock price surge of 13% after Amazon’s most recent quarterly filing, Wall Street analysts were reportedly “shocked” by the company’s rapid growth. The e-commerce juggernaut beat both quarterly revenue and earnings forecasts, and continues to trailblaze with a 34% revenue
Large Caps vs. Small Caps U.S. small-caps have been continuously lagging their large-cap counterparts this year. Large-cap stocks have been growing on stepped-up global economy, owing to their high international exposure. Small-cap stocks, on the other hand, are more domestically
Broadcom Limited (AVGO) announced that it intends to initiate a redomiciliation process to change the parent company of the Broadcom corporate group from a Singapore company to a U.S. corporation. The redomiciliation will occur whether or not there is corporate
CNBC’s Kate Rogers reports on the quarterly earnings for Starbucks.
Note: This update incorporates the latest monthly close and the GDP Q3 Advance Estimate data. Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001 he remarked in
